IFB C1715 - Business Center BC11 Replacement of Insulation

The Fashion Institute of Technology (FIT) is issuing a Request for Proposal (RFP) for the replacement of insulation at its Business Center (BC11 MER). Here's a summary of the key points: **Project Overview** * The project involves the replacement of insulation at FIT's Business Center (BC11 MER). * The RFP is open to electronic bids only, which must be submitted in PDF format to [email protected]. * The bid deadline is December 10, 2025, at 12:00 P.M. **Bid Requirements** * Bidders must attend a mandatory site inspection. * Bidders must submit all required documentation, including proof of business, permits, licenses, certifications, and insurance coverage. * Bidders must complete a bid analysis form, a contractor reference sheet, and provide references for at least three similar projects completed within the past five years. * Bidders must provide an audited or reviewed financial report for the last two years. * Bidders must comply with New York State Labor Law Section 220-I and submit their NYS DOL Certificate of Contractor Registration. **Bid Security** * Bidders must provide a bid security of 2% of the total bid price (certified check) or 10% of the total bid price (bid bond). * The original bid security must be mailed to FIT or dropped off at a designated location. **Evaluation Criteria** * Bids will be evaluated based on the bidder's experience, qualifications, and references. * The bidder's ability to meet the project schedule and budget will also be considered. **Contract Terms** * The contract will be awarded to the lowest responsible bidder. * The contract will include a payment bond and a performance bond. * The contractor will be required to comply with all applicable laws, regulations, and safety standards. **Miscellaneous** * FIT reserves the right to reject any bid that does not comply with the instructions and requirements set forth in the RFP. * All bidders will be notified of the bid results by the end of the day on the bid due date.