2024 City of Yoakum Street Improvements Project

seal coating of approximately 57,570 square yards of streets in the City of Yoakum will be received by the City Clerk at Yoakum City Hall, 808 US HWY 77-A South, PO Box 738, Yoakum, Texas 77995, until 3:00 P.M., Thursday, May 2, 2024. Bid envelopes should be clearly marked "2024 City of Yoakum Street Improvement Project." Said bids will be publicly opened in the Conference Room in City Hall and read aloud. Bids will be reviewed and presented for award to the City Council at their meeting of May 14, 2024. The information for Bidders, Form of Bid, Form of Contract, Plans, Specifications, and Forms of Bid Bond, Performance and Payment Bond, and other contract documents will be available for examination beginning April 10, 2024 at the Yoakum City Hall. Copies may be obtained from the office of the City Clerk. Each bidder must deposit with his bid, security in the amount, form and subject to the conditions provided in the Information for Bidders. No bidder may withdraw his bid within

thirty (30) days after the actual date of the opening thereof. The City of Yoakum reserves the right to reject any or all bids, to waive any informalities in bidding and to accept the bid or bids deemed most advantageous to the City. THERESA A. BOWE CITY CLERK 4 INFORMATION FOR BIDDERS 1. Receipt of Opening Bids The City of Yoakum herein called the ("Owner"), invites bids on the form attached hereto, all blanks of which must be appropriately filled in. Bids will be received by the Owner at the office of City Clerk, City Hall, 808 US HWY 77-A South, Yoakum, Texas 77995 until 3:00 P.M., Thursday, May 2, 2024. Bids will be publicly opened and read aloud. The envelopes containing the bids must be sealed, addressed to City Clerk, 808 US HWY 77-A South, Yoakum, Texas 77995 and designated as Bid for "2024 City of Yoakum Street Improvements Project". Bids will be reviewed and presented for award to the City Council at their meeting of May 14, 2024. Any bid may be withdrawn prior to the above scheduled time for the opening of bids or authorized postponement thereof. Any bid received after the time and date specified shall not be considered. No bidder may withdraw a bid within 30 days after the actual date of the opening thereof. Each bid must be submitted on the prescribed form and the sealed envelope shall bear on the outside the name of the bidder, his address, and the name of the project for which the bid is submitted. If forwarded by mail, the sealed envelope must be enclosed in another envelope and addressed as specified in the bid form. 2. Subcontracts The bidder is specifically advised that any person, firm or other party to whom it is proposed to award a subcontract under this contract must be acceptable to the Owner. 3. Qualifications of Bidder The Owner may make such investigations as he deems necessary to determine the ability of the bidder to perform the work, and the bidder shall furnish to the Owner all such information and data for this purpose as the Owner may request. The Owner reserves the right to reject any bid if the evidence submitted by, or investigations of, such bidder fails to satisfy the Owner that such bidder is properly qualified to carry out the obligations of the contract and to complete the work contemplated therein. Conditional bids will not be accepted. Bidder must have 10 years of verifiable, business and work experience in seal coating street work. 4. Bid Security Each bid must be accompanied by cash, certified check of the bidder, or a bid bond prepared on the form of bid bond attached hereto, duly executed by the bidder as principal and having as surety company approved by the Owner, in the amount of 5% of the bid. Such cash, checks or bid bonds will be returned to all except the three lowest bidders within three days after the opening of bids, and the remaining cash, checks, or bid bonds will be returned promptly after the Owner and the accepted bidder have executed the contract, or if no award has been made within 30 days after the date of the opening of bids, upon demand of the bidder at any time thereafter, so long as he has not been notified of the acceptance of his bid. 5. Liquidating Damages for Failure to Enter into Contract The successful bidder, upon his failure or refusal to execute and deliver the contract and bonds required within 10 days after he has received notice of the acceptance of his bid, shall forfeit to the Owner, as liquidated damages for such failure or refusal, the security deposited with his bid. 5 6. Time of Completion and Liquidated Damages Bidder must agree to commence work on or before a date to be specified in written "Notice to Proceed" of the Owner and to fully complete the project within 30 consecutive calendar days thereafter. Bidder must agree also to pay as liquidated damages, the