Description
The project involves the reroofing of the HPE Complex located on the campus of Fort Valley State University in Fort Valley, Georgia. The contract will be awarded on a lump sum basis to the lowest responsive and responsible bidder. The bidder must demonstrate sufficient cash flow, a commitment to safety, and a good past work record. The project requires the bidder to visit the site and take into consideration all observed conditions that might affect the work.
• The bidder must submit a bid bond made payable to the Owner in an amount not less than five percent of the Bid.
• The bidder must demonstrate a commitment to safety with regard to Workers' Compensation by having an Experience Modification Rate (EMR) over the past three years not having exceeded an average of 1.2.
• The bidder must demonstrate sufficient cash flow to undertake the project as evidenced by a Current Ratio of 1.0 or higher.
• The bidder must provide a performance bond and a payment bond, each in an amount equal to 100 percent of the Contract Sum prior to execution of contract.