Amendment_0005.pdf
PDF 724 KB Posted
- Attached to
- Seepage Relief Wells Federal contract opportunity
- Solicitation number
- W912EQ19R0010
About this file
This amendment modifies a solicitation for construction services. The government seeks relief well construction, repairs to existing wells, and earthen berm building at various locations within the Memphis District area of responsibility. Offerors must provide plant, labor, materials and equipment for tasks including clearing, grubbing, excavation, grading, drilling, culvert work, drainage, and turf establishment. The submission deadline for responses was extended to May 14, 2019. Additional wage determinations for Arkansas and Mississippi were included. The bid guarantee amount was changed to 20% of the bid price or $3 million, whichever is less. Small businesses may apply, with awards going to up to five lowest price technically acceptable contractors. The contract has a one-year base period and four option years.
Amendment 0005
View the file
Other files for this federal contract opportunity
| File | Type | Posted |
|---|---|---|
| Amendment_0004.pdf | ||
| Specifications_Division_02-35.pdf | ||
| Work_Item_1_Sample_Plans_(2_of_2).pdf | ||
| Work_Item_1_Sample_Plans_(1_of_2).pdf | ||
| Amendment_003.pdf | ||
| Amendment_0002.pdf | ||
| Amendment__0001.pdf | ||
| SEEPAGE_RELIEF_WELLS_DETAILS.pdf | ||
| SEEPAGE_RELIEF_WELLS_MAPS.pdf | ||
| W912EQ19R0010.pdf | ||
| SPECIFICATIONS.pdf |
Show all 11
On GovTribe
Work with this file on GovTribe
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
AMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT
Except as provided herein, all terms and conditions of the document referenced in Item 9A or 10A, as heretofore changed, remains unchanged and in full force and effect.
15A. NAME AND TITLE OF SIGNER (Type or print)
30-105-04EXCEPTION TO SF 30
APPROVED BY OIRM 11-84
STANDARD FORM 30 (Rev. 10-83) Prescribed by GSA
FAR (48 CFR) 53.243
Amendment 0005
1. An extension in accordance w ith the SF 1442, 13. A., w ork shall be recieved on 14 May 2019 by 1:30 pm CST.
2. Wage determinations have been attached to include the states of Mississippi and Arkansas.
3. Revision to FAR 52.228-1, The amount of the bid guarantee shall be 20 percent of the bid price or $3 Million, whichever is less.
4. All changes have been included in the attached pages.
1. CONTRACT ID CODE PAGE OF PAGES
J 1 12
16A. NAME AND TITLE OF CONTRACTING OFFICER (Type or print)
16C. DATE SIGNED
BY 02-May-2019
16B. UNITED STATES OF AMERICA15C. DATE SIGNED15B. CONTRACTOR/OFFEROR
(Signature of Contracting Officer)(Signature of person authorized to sign)
8. NAME AND ADDRESS OF CONTRACTOR (No., Street , County, State and Zip Code) X W912EQ19R0010
X 9B. DATED (SEE ITEM 11)
28-Mar-2019
10B. DATED (SEE ITEM 13)
9A. AMENDMENT OF SOLICITATION NO.
11. THIS ITEM ONLY APPLIES TO AMENDMENTS OF SOLICITATIONS
X The above numbered solicitation is amended as set forth in Item 14. The hour and date specified for receipt of Offer X is extended, is not extended.
Offer must acknowledge receipt of this amendment prior to the hour and date specified in the solicitation or as amended by one of the following methods:
(a) By completing Items 8 and 15, and returning copies of the amendment; (b) By acknowledging receipt of this amendment on each copy of the offer submitted;
or (c) By separate letter or telegram which includes a reference to the solicitation and amendment numbers. FAILURE OF YOUR ACKNOWLEDGMENT TO BE RECEIVED AT THE PLACE DESIGNATED FOR THE RECEIPT OF OFFERS PRIOR TO THE HOUR AND DATE SPECIFIED MAY RESULT IN
REJECTION OF YOUR OFFER. If by virtue of this amendment you desire to change an offer already submitted, such change may be made by telegram or letter, provided each telegram or letter makes reference to the solicitation and this amendment, and is received prior to the opening hour and date specified.
12. ACCOUNTING AND APPROPRIATION DATA (If required)
13. THIS ITEM APPLIES ONLY TO MODIFICATIONS OF CONTRACTS/ORDERS.
IT MODIFIES THE CONTRACT/ORDER NO. AS DESCRIBED IN ITEM 14.
A. THIS CHANGE ORDER IS ISSUED PURSUANT TO: (Specify authority) THE CHANGES SET FORTH IN ITEM 14 ARE MADE IN THE
CONTRACT ORDER NO. IN ITEM 10A.
B. THE ABOVE NUMBERED CONTRACT/ORDER IS MODIFIED TO REFLECT THE ADMINISTRATIVE CHANGES (such as changes in paying office, appropriation date, etc.) SET FORTH IN ITEM 14, PURSUANT TO THE AUTHORITY OF FAR 43.103(B).
C. THIS SUPPLEMENTAL AGREEMENT IS ENTERED INTO PURSUANT TO AUTHORITY OF:
D. OTHER (Specify type of modification and authority)
E. IMPORTANT: Contractor is not, is required to sign this document and return copies to the issuing office.
14. DESCRIPTION OF AMENDMENT/MODIFICATION (Organized by UCF section headings, including solicitation/contract subject matter where feasible.)
10A. MOD. OF CONTRACT/ORDER NO.
2. AMENDMENT/MODIFICATION NO. 5. PROJECT NO.(If applicable)
6. ISSUED BY
3. EFFECTIVE DATE
05-Apr-2019
CODE
US ARMY ENGINEER DISTRICT, MEMPHIS
167 N MAIN STREET B202
MEMPHIS TN 38103-1894
W912EQ 7. ADMINISTERED BY (If other than item 6)
4. REQUISITION/PURCHASE REQ. NO.
CODE
See Item 6
FACILITY CODECODE
EMAIL:TEL:
W912EQ19R0010
SECTION SF 30 BLOCK 14 CONTINUATION PAGE
SUMMARY OF CHANGES
SECTION 00010 - SOLICITATION CONTRACT FORM
The required response date/time 14-May-2019 01:30 PM has been added.
SECTION 00800 - SPECIAL CONTRACT REQUIREMENTS
The following have been modified:
WAGE DETERMINATION
Additional Wage Determinations Will Be Issued on a Per Task Order Basis
General Decision Number: AR190002 01/04/2019 AR2 Superseded General Decision Number: AR20180002 State: Arkansas Construction Type: Heavy Flood Control Counties: Arkansas Statewide.
RIVER, HARBOR AND FLOOD CONTROL PROJECTS FOR CONSTRUCTION OF
ALL RIVER, HARBOR AND FLOOD CONTROL WORK ON THE MISSISSIPPI
RIVER AND TRIBUTATARIES - (EXCLUDING ANY CONTRACTS FOR ANY
PHASE OF CONSTRUCTION OF A LOCK AND DAM) EXCEPT THE
METROPOLITAN AREAS OF PINE BLUFF, LITTLE ROCK AND FT. SMITH
Note: Under Executive Order (EO) 13658, an hourly minimum wage of $10.60 for calendar year 2019 applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2015.
If this contract is covered by the EO, the contractor must pay all workers in any classification listed on this wage determination at least $10.60 per hour (or the applicable wage rate listed on this wage determination, if it is higher) for all hours spent performing on the contract in calendar year 2019. If this contract is covered by the EO and a classification considered necessary for performance of work on the contract does not appear on this wage determination, the contractor must pay workers in that classification at least the wage rate determined through the conformance process set forth in 29 CFR 5.5(a)(1)(ii) (or the EO minimum wage rate, if it is higher than the conformed wage rate). The EO minimum wage rate will be adjusted annually. Please note that this EO applies to the above-mentioned types of contracts entered into by the federal government that are subject to the Davis-Bacon Act itself, but it does not apply to contracts subject only to the Davis-Bacon Related Acts, including those set forth at 29 CFR 5.1(a)(2)-(60). Additional information on contractor requirements and worker protections under the EO is available at www.dol.gov/whd/govcontracts.
Modification Number Publication Date
0 01/04/2019
* SUAR1991-001 12/18/1991
Rates Fringes
CARPENTER........................$ 7.25
Laborers:
AIR TOOL OPERATOR...........$ 7.25
CHAIN SAW OPERATOR OR FILER.$ 7.25
REVETMENT & DIKES...........$ 7.25
UNSKILLED...................$ 7.25
Power equipment operators:
ASPHALT PLANT DRYER
OPERATOR, ASPHALT
DISTRIBUTOR, ASPHALT
ROLLER, BULLDOZER(ROUGH,
INCLUDING DISC, PLOW, OR
ROLLER), MOTOR PATROL
(HAUL ROADS), TRENCHING
MACHINE (18" & UNDER),
SELF-PROPELLED ROLLER
(EXCEPT ASPHALT, END DUMP
EQUIPMENT (OFF HIGHWAY),
MIXER CONCRETE UP TO 21
CU. FT.), BOTTOM DUMP
EUCLIDS (AND LIKE
EQUIPMENT) ......................................... $ 7.25 .05
BULLDOZER (FINISHER, PUSH
CAT & ON BARGES), MOTOR
PATROL FINISHER, SCRAPER &
LIKE EQUIPMENT, FRONT END
LOADER, BACKHOE(TRACTOR
MOUNTED)ASPHALT FINISHER
OR SPREADING MACHINE, WELL
POINT SYSTEM OPERATOR,
SELF PROPELLED
LOADER(CONVEYOR TYPE) ............... $ 7.25 .05
FIREMAN (HEAVY
CONSTRUCTION), PILEDRIVER,
LEADSMAN, WINCHMAN ...................... $ 7.25 .05
OILER, PUMP, GREASER,
TRACTOR (FARM TYPE
INCLUDING DISC, PLOW OR
ROLLER) ................................................ $ 7.25 .05
PILEDRIVER OPERATOR,
MECHANIC (HEAVY
EQUIPMENT), CRANES,
DERRICKS, DRAGLINES,
WELDER, POWER SHOVELS &
BACKHOES, MIXER (CONCRETE,
21 CU. FT. & OVER),
ASPHALT PLANT OPERATOR,
TRENCHING MACHINE OVER 18").$ 7.75 .05
Truck drivers:
1 1/2 TONS OR LESS..........$ 7.25
OVER 1 1/2 TONS.............$ 7.25
WELDERS - Receive rate prescribed for craft performing operation to which welding is incidental.
Note: Executive Order (EO) 13706, Establishing Paid Sick Leave for Federal Contractors applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2017. If this contract is covered by the EO, the contractor must provide employees with 1 hour of paid sick leave for every 30 hours they work, up to 56 hours of paid sick leave each year.
Employees must be permitted to use paid sick leave for their own illness, injury or other health-related needs, including preventive care; to assist a family member (or person who is like family to the employee) who is ill, injured, or has other health-related needs, including preventive care; or for reasons resulting from, or to assist a family member (or person who is like family to the employee) who is a victim of, domestic violence, sexual assault, or stalking. Additional information on contractor requirements and worker protections under the EO is available at www.dol.gov/whd/govcontracts.
Unlisted classifications needed for work not included within the scope of the classifications listed may be added after award only as provided in the labor standards contract clauses (29CFR 5.5 (a) (1) (ii)).
The body of each wage determination lists the classification and wage rates that have been found to be prevailing for the cited type(s) of construction in the area covered by the wage determination. The classifications are listed in alphabetical order of "identifiers" that indicate whether the particular rate is a union rate (current union negotiated rate for local), a survey rate (weighted average rate) or a union average rate (weighted union average rate).
Union Rate Identifiers
A four letter classification abbreviation identifier enclosed in dotted lines beginning with characters other than "SU" or "UAVG" denotes that the union classification and rate were prevailing for that classification in the survey. Example:
PLUM0198-005 07/01/2014. PLUM is an abbreviation identifier of the union which prevailed in the survey for this classification, which in this example would be Plumbers. 0198 indicates the local union number or district council number where applicable, i.e., Plumbers Local 0198. The next number, 005 in the example, is an internal number used in processing the wage determination. 07/01/2014 is the effective date of the most current negotiated rate, which in this example is July 1, 2014.
Union prevailing wage rates are updated to reflect all rate changes in the collective bargaining agreement (CBA) governing this classification and rate.
Survey Rate Identifiers
Classifications listed under the "SU" identifier indicate that no one rate prevailed for this classification in the survey and the published rate is derived by computing a weighted average rate based on all the rates reported in the survey for that classification. As this weighted average rate includes all rates reported in the survey, it may include both union and non-union rates. Example: SULA2012-007 5/13/2014. SU indicates the rates are survey rates based on a weighted average calculation of rates and are not majority rates. LA indicates the State of Louisiana. 2012 is the year of survey on which these classifications and rates are based. The next number, 007 in the example, is an internal number used in producing the wage determination. 5/13/2014 indicates the survey completion date for the classifications and rates under that identifier.
Survey wage rates are not updated and remain in effect until a new survey is conducted.
Union Average Rate Identifiers
Classification(s) listed under the UAVG identifier indicate that no single majority rate prevailed for those classifications; however, 100% of the data reported for the classifications was union data. EXAMPLE: UAVG-OH-0010 08/29/2014. UAVG indicates that the rate is a weighted union average rate. OH indicates the state. The next number, 0010 in the example, is an internal number used in producing the wage determination. 08/29/2014 indicates the survey completion date for the classifications and rates under that identifier.
A UAVG rate will be updated once a year, usually in January of each year, to reflect a weighted average of the current negotiated/CBA rate of the union locals from which the rate is based.
---------------WAGE DETERMINATION APPEALS PROCESS
1.) Has there been an initial decision in the matter? This can be:
* an existing published wage determination
* a survey underlying a wage determination
* a Wage and Hour Division letter setting forth a position on a wage determination matter
* a conformance (additional classification and rate) ruling
On survey related matters, initial contact, including requests for summaries of surveys, should be with the Wage and Hour Regional Office for the area in which the survey was conducted because those Regional Offices have responsibility for the Davis-Bacon survey program. If the response from this initial contact is not satisfactory, then the process described in 2.)
and 3.) should be followed.
With regard to any other matter not yet ripe for the formal process described here, initial contact should be with the Branch of Construction Wage Determinations. Write to:
Branch of Construction Wage Determinations Wage and Hour Division U.S. Department of Labor 200 Constitution Avenue, N.W.
Washington, DC 20210
2.) If the answer to the question in 1.) is yes, then an interested party (those affected by the action) can request review and reconsideration from the Wage and Hour Administrator (See 29 CFR Part 1.8 and 29 CFR Part 7). Write to:
Wage and Hour Administrator U.S. Department of Labor 200 Constitution Avenue, N.W.
Washington, DC 20210
The request should be accompanied by a full statement of the interested party's position and by any information (wage payment data, project description, area practice material, etc.) that the requestor considers relevant to the issue.
3.) If the decision of the Administrator is not favorable, an interested party may appeal directly to the Administrative Review Board (formerly the Wage Appeals Board). Write to:
Administrative Review Board U.S. Department of Labor 200 Constitution Avenue, N.W.
4.) All decisions by the Administrative Review Board are final.
General Decision Number: MS190001 01/04/2019
MS
1 Superseded General Decision Number: MS20180001 State: Mississippi Construction Type: Heavy Flood Control Counties: Mississippi Statewide.
*RIVER, HARBOR AND FLOOD CONTROL PROJECTS FOR CONSTRUCTION
OF ALL RIVER, HARBOR AND FLOOD CONTROL WORK ON THE MISSISSIPPI
RIVER AND TRIBUTARIES -(EXCLUDING ANY CONTRACTS FOR ANY PHASE
OF CONSTRUCTION OF A LOCK AND DAM) MISSISSIPPI - EXCEPT THE
METROPOLITAN AREAS OF GREENVILLE, NATCHEZ AND VICKSBURG
Note: Under Executive Order (EO) 13658, an hourly minimum wage of $10.60 for calendar year 2019 applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2015.
If this contract is covered by the EO, the contractor must pay all workers in any classification listed on this wage determination at least $10.60 per hour (or the applicable wage rate listed on this wage determination, if it is higher) for all hours spent performing on the contract in calendar year 2019. If this contract is covered by the EO and a classification considered necessary for performance of work on the contract does not appear on this wage determination, the contractor must pay workers in that classification at least the wage rate determined through the conformance process set forth in 29 CFR 5.5(a)(1)(ii) (or the EO minimum wage rate, if it is higher than the conformed wage rate). The EO minimum wage rate will be adjusted annually. Please note that this EO applies to the above-mentioned types of contracts entered into by the federal government that are subject to the Davis-Bacon Act itself, but it does not apply to contracts subject only to the Davis-Bacon Related Acts, including those set forth at 29 CFR 5.1(a)(2)-(60).
Additional information on contractor requirements and worker protections under the EO is available at www.dol.gov/whd/govcontracts.
Modification Number Publication Date 0 01/04/2019
* SUMS1991-004 12/18/1991
Rates Fringes
CARPENTER........................$ 7.25
Laborers:
AIR TOOL OPERATOR...........$ 7.25
CHAIN SAW OPERATOR OR FILER.$ 7.25
REVETMENT & DIKES...........$ 7.25
UNSKILLED...................$ 7.25
Power equipment operators:
ASPHALT PLANT DRYER
OPERATOR, ASPHALT
DISTRIBUTOR, ASPHALT
ROLLER, BULLDOZER (ROUGH,
INCLUDING DISC, PLOW, OR
ROLLER), MOTOR PATROL
(HAUL ROADS), TRENCHING
MACHINE (18" & UNDER),
SELF-PROPELLED ROLLER
(EXCEPT ASPHALT, END DUMP
EQUIPMENT (OFF HIGHWAY),
MIXER (CONCRETE UP TO 21
CU. FT.), BOTTOM DUMP
EUCLIDS (& LIKE EQUIPMENT)..$ 7.25 .05
BULLDOZER (FINISHER, PUSH
CAT & ON BARGES), MOTOR
PATROL FINISHER, SCRAPER &
LIKE EQUIPMENT, FRONT END
LOADER, BACKHOE (TRACTOR
MOUNTED) ASPHALT FINISHER
OR SPREADING MACHINE, WELL
POINT SYSTEM OPERATOR,
SELF PROPELLED LOADER
(CONVEYOR TYPE) ............................. $ 7.25 .05
FIREMAN (HEAVY
CONSTRUCTION), PILEDRIVER,
LEADSMAN, WINCHMAN ...................... $ 7.25 .05
OILER, PUMP, GREASER,
TRACTOR (FARM TYPE
INCLUDING DISC, PLOW OR
ROLLER) ................................................ $ 7.25 .05
PILEDRIVER OPERTOR,
MECHANIC (HEAVY
EQUIPMENT), CRANES,
DERRICKS, DRAGLINES,
WELDER, POWER SHOVELS &
BACKHOES, MIXER (CONCRETE,
21 CU. FT. & OVER),
ASPHALT PLANT OPERATOR,
TRENCHING MACHINE (OVER
18")........................$ 7.75 .05
Truck drivers:
1 1/2 TONS OR LESS..........$ 7.25
OVER 1 1/2 TONS.............$ 7.25
WELDERS - Receive rate prescribed for craft performing operation to which welding is incidental.
Note: Executive Order (EO) 13706, Establishing Paid Sick Leave for Federal Contractors applies to all contracts subject to the Davis-Bacon Act for which the contract is awarded (and any solicitation was issued) on or after January 1, 2017. If this contract is covered by the EO, the contractor must provide employees with 1 hour of paid sick leave for every 30 hours they work, up to 56 hours of paid sick leave each year.
Employees must be permitted to use paid sick leave for their own illness, injury or other health-related needs, including preventive care; to assist a family member (or person who is like family to the employee) who is ill, injured, or has other health-related needs, including preventive care; or for reasons resulting from, or to assist a family member (or person who is like family to the employee) who is a victim of, domestic violence, sexual assault, or stalking. Additional information on contractor requirements and worker protections under the EO is available at www.dol.gov/whd/govcontracts.
Unlisted classifications needed for work not included within the scope of the classifications listed may be added after award only as provided in the labor standards contract clauses (29CFR 5.5 (a) (1) (ii)).
The body of each wage determination lists the classification and wage rates that have been found to be prevailing for the cited type(s) of construction in the area covered by the wage determination. The classifications are listed in alphabetical order of "identifiers" that indicate whether the particular rate is a union rate (current union negotiated rate for local), a survey rate (weighted average rate) or a union average rate (weighted union average rate).
Union Rate Identifiers
A four letter classification abbreviation identifier enclosed in dotted lines beginning with characters other than "SU" or "UAVG" denotes that the union classification and rate were prevailing for that classification in the survey. Example:
PLUM0198-005 07/01/2014. PLUM is an abbreviation identifier of the union which prevailed in the survey for this classification, which in this example would be Plumbers. 0198 indicates the local union number or district council number where applicable, i.e., Plumbers Local 0198. The next number, 005 in the example, is an internal number used in processing the wage determination. 07/01/2014 is the effective date of the most current negotiated rate, which in this example is July 1, 2014.
Union prevailing wage rates are updated to reflect all rate changes in the collective bargaining agreement (CBA) governing this classification and rate.
Survey Rate Identifiers
Classifications listed under the "SU" identifier indicate that no one rate prevailed for this classification in the survey and the published rate is derived by computing a weighted average rate based on all the rates reported in the survey for that classification. As this weighted average rate includes all rates reported in the survey, it may include both union and non-union rates. Example: SULA2012-007 5/13/2014. SU indicates the rates are survey rates based on a weighted average calculation of rates and are not majority rates. LA indicates the State of Louisiana. 2012 is the year of survey on which these classifications and rates are based. The next number, 007 in the example, is an internal number used in producing the wage determination. 5/13/2014 indicates the survey completion date for the classifications and rates under that identifier.
Survey wage rates are not updated and remain in effect until a new survey is conducted.
Union Average Rate Identifiers
Classification(s) listed under the UAVG identifier indicate that no single majority rate prevailed for those classifications; however, 100% of the data reported for the classifications was union data. EXAMPLE: UAVG-OH-0010 08/29/2014. UAVG indicates that the rate is a weighted union average rate. OH indicates the state. The next number, 0010 in the example, is an internal number used in producing the wage determination. 08/29/2014 indicates the survey completion date for the classifications and rates under that identifier.
A UAVG rate will be updated once a year, usually in January of each year, to reflect a weighted average of the current negotiated/CBA rate of the union locals from which the rate is based.
----------------WAGE DETERMINATION APPEALS PROCESS
1.) Has there been an initial decision in the matter? This can be:
* an existing published wage determination
* a survey underlying a wage determination
* a Wage and Hour Division letter setting forth a position on a wage determination matter
* a conformance (additional classification and rate) ruling
On survey related matters, initial contact, including requests for summaries of surveys, should be with the Wage and Hour Regional Office for the area in which the survey was conducted because those Regional Offices have responsibility for the Davis-Bacon survey program. If the response from this initial contact is not satisfactory, then the process described in 2.) and 3.) should be followed.
With regard to any other matter not yet ripe for the formal process described here, initial contact should be with the Branch of Construction Wage Determinations. Write to:
Branch of Construction Wage Determinations Wage and Hour Division U.S. Department of Labor 200 Constitution Avenue, N.W.
Washington, DC 20210
2.) If the answer to the question in 1.) is yes, then an interested party (those affected by the action) can request review and reconsideration from the Wage and Hour Administrator (See 29 CFR Part 1.8 and 29 CFR Part 7). Write to:
Wage and Hour Administrator U.S. Department of Labor 200 Constitution Avenue, N.W.
Washington, DC 20210
The request should be accompanied by a full statement of the interested party's position and by any information (wage payment data, project description, area practice material, etc.) that the requestor considers relevant to the issue.
3.) If the decision of the Administrator is not favorable, an interested party may appeal directly to the Administrative Review Board (formerly the Wage Appeals Board). Write to:
Administrative Review Board U.S. Department of Labor 200 Constitution Avenue, N.W.
4.) All decisions by the Administrative Review Board are final.
52.228-1 Bid Guarantee (Sep 1996)
(a) Failure to furnish a bid guarantee in the proper form and amount, by the time set for opening of bids, may be cause for rejection of the bid.
(b) The bidder shall furnish a bid guarantee in the form of a firm commitment, e.g., bid bond supported by good and sufficient surety or sureties acceptable to the Government, postal money order, certified check, cashier’s check, irrevocable letter of credit, or, under Treasury Department regulations, certain bonds or notes of the United States. The Contracting Officer will return bid guarantees, other than bid bonds --
(1) To unsuccessful bidders as soon as practicable after the opening of bids; and
(2) To the successful bidder upon execution of contractual documents and bonds (including any necessary coinsurance or reinsurance agreements), as required by the bid as accepted.
(c) The amount of the bid guarantee shall be 20 percent of the bid price or $3Million , whichever is less.
(d) If the successful bidder, upon acceptance of its bid by the Government within the period specified for acceptance, fails to execute all contractual documents or furnish executed bond(s) within 10 days after receipt of the forms by the bidder, the Contracting Officer may terminate the contract for default.
(e) In the event the contract is terminated for default, the bidder is liable for any cost of acquiring the work that exceeds the amount of its bid, and the bid guarantee is available to offset the difference.
File details come from the government source that posted it. Updated .