R2019-29 Resolution Accepting the Bid and Authorizing the Execution of a Contract with Kinney Contractors, Inc. for 2019 Annual Valve & Hydrant Replacement Project, Various Locations, City Project 2019-23

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INFORMATIC3N FOR BIDDERS The Owner will make such investi ations as deemed necessar to d te ' e I g y e rmin the abilrty of the Bidder to perform the work, and the Bidcier sha�l furnish to the Owner a11 such information and data for this purpose as the Owner may request. The Owner reserves the right ta reject any bid if the evidence submitted by, ar investigation of, such Bidder fails to satisfy the 4wner that such Bidder is properly qualified to carry out the obligations af the Contract and to complete the work contemplated therein. Conditional bids will not be accepted. Each bid must be accompanied with a proposal guaranty either as a praperly certified check made payable to "Treasurer, City of Decatur," Decatur, Tllinois, in an amount nat less than ten (1Q) percent of the bid; or a cashier's check made payable to "Treasurer, City of Decatur", Decatur, Illinois, in an amaunt not less than ten (10) percent afthe bid; or a bid bond an a form approved by the City, executed by a s�rety campany satisfactory to the City, in an amount nat less than ten (1Q) percent of the bid. Such praposal guarantees, of the three lowest bidders, nnay be retained by the City for a period of 45 days after the date of the bid opening. Checks ar bid bonds frorn other than the three lowest bidders will be returned by the City within seven (7) days after the date of the bid opening. Simultaneously with the delivery of the executed Cantract, the Contractor shall furnish a surety band or bonds as security for faithful perforrnance of this Contract and for the payment of all persons performing labar on the project under this Contract and furnishing materials in connection with this Conteact, and other iterns required by the Conditians and Specifications governing the work. The surety on such bond ar bonds shall be a duly autharized surety company satisfactary to the Owner. Attorneys-in-fact who sign bid bonds or contract bonds must file with each bond a certified and effectively dated copy af their Power of Attorney. The successful Bidder, upon Bidder's failure or refusal ta execute and deliver the Contract and bonds required within {10) cansecutive calendar days from and including the date the Bidder has received notice af the acceptance of their bid, shall forfeit to the Owner, as liquidation of damages dane for such failure or refusal, the security deposited with their bid. Notice ofthe Owner's intent shall either be hand delivered by the Owner to the $idder's address, as given on the Cantract Documents, or mailed to such address, first ciass, United States maii, return receipt requested. Delivery or mailing of said natice to said address shall constitute the natice herein required without the requirement of an acknowledgment of receipt from the Bidder. Each Bidder must infarm himself fu11y af the conditions and specificatians relating to the construction of the project and the emplayment of labor thereon. Failure to do sa will not relieve a successf�zl Bidder of their obligation ta furnish a11 material and labor necessary ta carry out the provisions of the Contract. Insofar as possible, the Contractor, in carrying out their work, must employ such methods or means as will not cause any interruption of or interference with the work of any other Contractar. The quantities appearing in the bid proposal are approximate and are prepared for the comparison of bids. Payment to the Contractor will be made only for the actual quantities af work perfarmed and accepted or rnaterials furnished accarding to the contract. The propased quantities of work to be done and materials to be fi�rnished may each be increasecl, decreased, ar omitted as hereinafter provided. 7