Description
The City of Nashville is seeking bids for the installation of street and drainage improvements to Virginia Street. The project will be funded by the Local Maintenance & Improvements Grant Funds and must be completed within 180 consecutive calendar days of the notice to proceed. The scope of work includes street and drainage improvements to Virginia Street, totaling 0.145 miles. Bidders must submit a bid bond in favor of the City of Nashville, GA, in the amount of at least 5% of the lump sum bid for the complete work. The bid bond shall be forfeited to the City of Nashville as liquidated damages if the bidder fails to execute the contract and provide performance and payment bonds within 10 days after being notified that they have been awarded the contract.
Key points to consider:
• The project is funded by the Local Maintenance & Improvements Grant Funds.
• The project must be completed within 180 consecutive calendar days of the notice to proceed.
• Bidders must submit a bid bond in favor of the City of Nashville, GA.
• The bid bond shall be forfeited to the City of Nashville as liquidated damages if the bidder fails to execute the contract and provide performance and payment bonds within 10 days after being notified that they have been awarded the contract.
• The City of Nashville reserves the right to reject all bids and to waive informalities, and to accept any bid which in its opinion may be in the best interest of the Owner.