Bids are due June 11, 2026, at 2:00 PM for the Bedford Township Hall and Library Parking Lot Repair Project. The project includes overband crack sealing, catch basin repair, concrete pad installation, and pavement marking restoration. Work must be completed by October 1, 2026. Liquidated damages of **** per calendar day will be assessed for late completion. Payments will be made monthly based on estimates, with a 5% retainer. A 2-year maintenance bond is required. Bidders must submit a bid bond or cashier's check for 5% of the bid amount. Insurance requirements include $1,000,000 for property damage and bodily injury liability.
All work shall be completed on or before October 1, 2026. All work shall be completed on or before october 1, 2026.
Payments will be made to the contractor on the 30th day of each month based on an estimate of work performed, less a 5% retainer. Final payment will be made within 30 days of final acceptance. Payments to contractor Payments will be made to the contractor on the 30th day of each month.
A two 2 year maintenance bond in the amount of twentyfive 25 percent of the final construction cost is required after project completion and prior to final payment. he contractor shall secure a two 2 year maintenance bond in the amount of twentyfive 25 percent of the final construction cost
The owner reserves the right to reject the bid of any bidder if the owner believes that it would not be in the best interest of the project to make an award to that bidder, whether because the bid is not responsive or if the bidder is unqualified or of doubtful financial ability or fails to meet any pertinent standards or criteria established by the owner. he bidder is unqualified or of doubtful financial ability or fails to meet any pertinent standards or criteria established by the owner.
Liquidated damages will be assessed in the amount of **** per calendar day for failure to complete the project beyond the contract completion date. Liquidated damages will be assessed in the amount of **** per calendar day
No demand for arbitration of any written decision of engineer will be made later than ten 10 days after the party making such demand has delivered written notice of intention to appeal. No demand for arbitration of any written decision of engineer will be made later than ten 10 days after the party making such demand has delivered written notice of intention to appeal.
Failure to execute the contract or furnish satisfactory bonds and proof of insurance within ten 10 calendar days after notice of award will be considered cause for annulment of award and forfeiture of the bidder's surety. Failure to execute the contract or furnish satisfactory bonds and proof of insurance will be considered cause for annulment of award and forfeiture of the bidders surety.