The project must be fully completed by September 30, 2026. Failure to complete the work under the specified schedule will result in liquidated damages of **** per day until the project is complete. Each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100% of its contract price. Said bond shall guarantee the faithful performance of the contract and the terms and conditions therein contained and shall guarantee the prompt payment of all material and labor, and protect and save harmless the city of norwalk from claims and damages of any kind caused by the operations of the contract and shall also guarantee the maintenance of the improvement caused by failures in materials and construction for a period of four years from and after acceptance of the contract. All contractors and subcontractors are required to obtain tax exemption certificates from the city of norwalk, iowa for this project. Before final payment will be made on this project, the contractors and subcontractors shall provide lien waivers as required in the specifications.
The project shall be fully completed by September 30, 2026. The project shall be fully completed by september 30, 2026.
Before final payment will be made on this project, the contractors and subcontractors shall provide lien waivers as required in the specifications. before final payment will be made on this project, the contractors and subcontractors shall provide lien waivers as required in the specifications.
The bond shall guarantee the maintenance of the improvement caused by failures in materials and construction for a period of four years from and after acceptance of the contract. and shall also guarantee the maintenance of the improvement caused by failures in materials and construction for a period of four years from and after acceptance of the contract.
The city of norwalk reserves the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the city. he city of norwalk reserves the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the city.
Each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100% of its contract price. each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100 of its contract price.
Failure to complete the work under the specified schedule will result in liquidated damages of **** per day until the project is complete. failure to complete the work under the specified schedule will result in liquidated damages of **** per day until the project is complete.
