4-26-03 Ham892326B_Bid-Bond_DocEE(UPLOAD).pdf
PDF 185 KB Posted
- Attached to
- Ham892326B 26-03 (Hamilton)
- Solicitation number
- 009_RFB_WRBWL_BY26-03
- Issued by
- Hancock County, Iowa
About this file
This is a Proposal Guarantee (Bid Bond) document issued by the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, for the Ham892326B Nutrient Reduction Wetland Project in Hamilton County, Iowa. The project involves the construction of a nutrient reduction wetland requiring selective clearing, excavation, grading, reinforced concrete pipe (RCP) installation, high-density polyethylene (HDPE) dual wall pipe installation, tied concrete block mat installation, concrete manholes, and seeding. The scope encompasses approximately 21,135 cubic yards of earthwork, 2,645 linear feet of RCP, 1,579 linear feet of HDPE dual wall pipe, 2,350 square feet of tied concrete block mat, two concrete manholes, and 2.9 acres of seeding. Sealed bids were due by 3:00 PM on May 20, 2026, with a public bid opening held the same day. A pre-bid conference was scheduled for April 20, 2026, at Williams Public Library in Williamsport, Iowa. Construction must commence within 14 days of the preconstruction meeting and be completed by December 31, 2026, with seeding deadlines of May 15, 2027 for the structure and June 30, 2027 for the buffer.
The bid bond document requires bidders to submit a proposal guarantee equal to ten percent of the bid amount as a condition of bid submission. The successful bidder must enter into a contract within fourteen days of award approval and furnish a Performance/Payment Bond equal to one hundred percent of the contract price. If the bidder fails to execute the contract or provide the required performance bond within the specified timeframe, the penal sum of the bid bond shall be forfeited to the Division. The estimated construction cost range is between $250,000 and $350,000. Bidders must be registered with the Iowa Department of Inspections, Appeals & Licensing. No set-aside designations or restrictions limiting bidder eligibility based on disadvantaged enterprise status or organizational type classifications are indicated in the procurement materials.
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Text version
Ham892326B Nutrient Reduction Wetland Project DOCUMENT EE Bid No. 25-17 PROPOSAL GUARANTEE (BID BOND)
EE-1
State of Iowa Iowa Department of Agriculture and Land Stewardship
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL PERSONS BY THESE PRESENTS:
That we, of as PRINCIPAL, and of as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of
______ /100 Dollars ($ . ) for the payment, whereof, the said PRINCIPAL and SURETY(S) bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
The conditions of this obligation are such that whereas the PRINCIPAL is herewith submitting to the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, hereinafter called the DIVISION its sealed contract for the following:
Nutrient Reduction Wetland Project Section 26, Township 89 North, Range 23 West, Hamilton County, Iowa Project ID: Ham892326B Bid No. 26-03
NOW THEREFORE,
the conditions of this obligation are such that, if said proposal is rejected by the DIVISION, or if said proposal is accepted by the DIVISION and the PRINCIPAL shall enter into a contract in the form specified by the DIVISION in accordance with the terms of the Proposal and Schedule of Prices (Document CC) and shall furnish a bond for the faithful performance of said contract in the form specified by the DIVISION, this obligation shall be null and void. Otherwise, it shall remain in full force and effect.
In the event that the said proposal is accepted by the DIVISION and the PRINCIPAL fails to enter into the contract as defined herein or fails to furnish the performance bond as noted above, within fourteen (14) days of the approval of the award, the PRINCIPAL and SURETY(S) agree to forfeit to the DIVISION the penal sum herein mentioned, it being understood that the liability of the SURETY(S) shall in no event exceed the penal sum or this obligation.
IN WITNESS WHEREOF,
the above bounden parties have executed this instrument under their several seals this day of , 20_______, the name and corporate seal of each party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body.
PRINCIPAL SURETY
By By
Print Name:
If a partnership, all partners must sign.
END OF DOCUMENT EE
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