4-Kos952935D_25-09_Bid_Bond_Doc_EE.pdf
PDF 230 KB Posted
- Attached to
- Kos952935D Nutrient Reduction Wetland
- Solicitation number
- 009-RFB-WRBWL-CY25-09
- Issued by
- Polk County, Davenport City, Iowa
About this file
This is a Bid Bond document (Document EE) for the Iowa Department of Agriculture and Land Stewardship, Division of Soil Conservation and Water Quality, related to the Kos952935D Nutrient Reduction Wetland Project in Kossuth County, Iowa (Bid No. 25-09). The project encompasses extensive earthwork and environmental infrastructure development, including 55,688 cubic yards of excavation, 812 linear feet of tile installation, 636 square feet of sheet pile installation, 1,082 tons of riprap, and 34.8 acres of seeding. The project completion date is set for June 15, 2026, with seeding components finalized by June 30, 2026. A pre-bid conference was held on September 16, 2025, at Bolton & Menk in Algona, Iowa. All bids must be submitted through the IMPACS platform by September 30, 2025, at 3:00 PM CDT, with written questions accepted until September 23, 2025, at 3:00 PM. The estimated construction cost ranges between $650,000 and $800,000.
The bid bond document establishes the requirement for bidders to submit a proposal guarantee equal to 10% of the project cost as a condition of bid submission. Upon acceptance of the proposal, the principal contractor must enter into a formal contract within fourteen (14) days of award approval and furnish a Performance/Payment Bond for 100% of the contract price. The bond serves as a guarantee that if the proposal is rejected, the obligation is void; however, if accepted and the principal fails to execute the contract or provide the required performance bond within the specified timeframe, the penal sum of the bid bond will be forfeited to the Division. Bidders must be registered with the Iowa Division of Labor and demonstrate technical capability to execute complex environmental engineering tasks as specified in Document CC (Proposal and Schedule of Prices).
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Text version
Kos952935D Nutrient Reduction Wetland Project DOCUMENT EE
Bid No. 25-09 PROPOSAL GUARANTEE (BID BOND)
EE-1
State of Iowa Iowa Department of Agriculture and Land Stewardship
DIVISION OF SOIL CONSERVATION AND WATER QUALITY
KNOW ALL PERSONS BY THESE PRESENTS:
That we, of as PRINCIPAL, and of as SURETY(S), are hereby held and firmly bound unto the State of Iowa in the penal sum of
____ /100 Dollars ($ ) 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 35, Township 95 North, Range 29 West, Kossuth County, Iowa
Project ID: Kos952935D
Bid No. 25-09
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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