Invitation for Bids - Business Park Road
2 Oct 2015
Giddings, TX (October 2, 2016) - [Bids No Longer Being Accepted]
Advertisement and Invitation for Bids
The Giddings Economic Development Corporation (EDC) is receiving bids for Business Park Road – Phase I. Bids are invited for road improvements as described in the specifications, including new concrete driveway, asphalt deceleration lane, and traffic signal modifications.
Bid/Documents and Specifications are on file at the offices of BEFCO Engineering, Inc., 485 N. Jefferson (P. O. Box 615), La Grange, Texas 78945 or (979) 968-6474. For those wishing to obtain their own hard copy of the Contract Documents, a non-refundable deposit of $50.00 will be required to BEFCO for each set. Electronic copies may be obtained at no charge by request at email@example.com
A bid bond in the amount of 5% of the bid issued by an acceptable surety shall be submitted with each bid. A certified check or bank draft payable to the Giddings EDC or negotiable U.S. Government Bonds (as par value) may be submitted in lieu of the Bid Bond.
In addition, the successful bidder must ensure that employees and applicants for employment are not discriminated against because of race, color, religion, sex, age or national origin. The Giddings EDC reserves the right to reject any or all bids or to waive any informalities in the bid documents. Contract will be awarded to lowest responsible bidder.
Bids may be held by the Giddings EDC for a period not to exceed forty-five (45) days from the date of the bid opening for the purpose of reviewing the bids and investigating the bidders qualifications prior to the contract award.
All qualified applicants shall receive consideration for employment without regard to race, color, religion, sex, or national origin. Bidders will be required to comply with the President’s Executive Order No. 11246, as amended by Executive Order 11375, and as supplemented in Department of Labor regulations 41 CFR Part 60.
The successful Bidder shall furnish Performance and Payment Bonds on the forms furnished with the Proposal, in the amount of 100% of the total Contract price, from a surety company holding a permit from the State of Texas to act as surety. The surety company must have a minimum Best Key Rating of “B” or be eligible to participate in the surety bond guarantee program of the Small Business Administration and must be an approved surety listed in the current U.S. Department of Treasury Circular 570, and must meet all of the related rules and regulations of the Treasury Department. The surety company and the agency or agent issuing the Payment and Performance Bonds must be authorized to issue and sign Payment and Performance Bonds in Texas in an amount equal to or greater than the total contract price.