INVITATION TO BID 23-02-01 EAST END OF 172ND STREET ROADWAY AND DRAINAGE IMPROVEMENTS (2)

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City of Sunny Isles Beach |Invitation to Bid No. 23-02-01 11 name and current financial rating (A.M. Best) of the surety company utilized by your Firm. Provide documentation of your firm’s total and single project bonding capacity and the name and current financial rating (A.M. Best) of the surety company utilized by your firm. Bidders shall have a single project bonding capability of at least Five Hundred Thousand ($500,000.00) with a surety company with an A.M. Best rating of AA or better. 2.3 NON-MANDATORY PRE-BID MEETING A non-mandatory pre-bid conference will be held on MONDAY, MARCH 13, 2023 AT 11:00 AM at Sunny Isles Beach Government Center located at 18070 Collins Avenue Sunny Isles Beach, FL 33160, First Floor Conference Room, to discuss the special conditions and specifications included within this solicitation. Proposers are requested to bring this solicitation document to the conference, as additional copies may not be available. It is strongly encouraged that Firms interested in proposing to this ITB attend the Pre-Bid Meeting as a tool to be successful in responding to the City’s project. 2.4 EXAMINATION OF SITE Each bidder shall visit the site of the proposed work before submitting a bid and shall fully familiarize themselves with conditions relating to construction and labor so that he or she may fully understand the facilities, difficulties and restrictions attending the execution of work under the Contract. It will be assumed that the Bidder has investigated and is satisfied as to the conditions of work to be performed and materials to be furnished and shall base Bid on their own opinion of the conditions likely to be encountered, and for the bid price must assume all risk of variance, by whomsoever made in any computation or statement of amounts or quantities necessary to fully complete the work in strict compliance with the Contract Documents. 2.5 TERM The resultant contract will commence upon execution by both parties which shall be the effective date succeeding approval of the contract by the City Commission. Prior to initiating the performance of any services under this Agreement, Contractor must receive a written Notice to Proceed from the City Manager and/or the City Engineer. Bid award is anticipated for April 20, 2023 with a Notice to Proceed issued by May 1, 2023. Although materials may be ordered and stored near the site, the project schedule of physical work on-site that requires lane closures shall only occur between June 1, 2023 and August 11, 2023 providing for 72 days of roadwork. The project shall be substantially completed within fifty-two (52) calendar days from the Project initiation specified in the Notice to Proceed and final completion within seventy-two (72) calendar days from Project date specified in the Notice to Proceed. The total seventy-two (72) calendar days include weekend days and holidays.