04-C City Street HMAC Overlay Program

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Sealed bids addressed to The Honorable Mayor and City Council of the City of Paris, Texas, Paris City Hall, 135 S.E. 1st Street, Paris, Texas 75460 will be accepted until 3:00 p.m. on August 27, 2007 at which time they will be publically opened and read. Any bids not received in hand by this time will be rejected as late. The City of Paris is seeking bids for its 2007 City Street HMAC Overlay Program. The program is broken into several bid items with estimated quantities for each item. These are only estimated quantities, based on information available to the City at this time. The City does not guarantee that these quantities will be ordered, it is possible that a lesser or greater quantity will be required depending on the City's needs. Bids should be submitted using the City's Bid Form attached. The estimated quantities for the 2007 City Street HMAC Overlay Program (the "Program") are set forth under the Unit Price Schedule on the Bid Form attached hereto. Bids are to be accompanied by bid security in the form of either a cashier's or certified check drawn upon a national or state bank, or a bid bond from an approved surety company in an amount not less than five percent (5%) of the total maximum bid price, as a guarantee that bidder will enter into a contract and provide performance and payment bonds and an insurance certificate, as provided herein, within eight (8) days following notice of award of contract. Basis of Award: It is the intention of the City of Paris to award this bid on the basis of the lowest delivered price that meets the specifications and special work requirements and provides the best value to the City; however, the City of Paris reserves the right to reject any and all bids, to waive any informality in bidding, and to award the bid as may be advantageous to the City of Paris. Price/payment: Price is to be exclusive of any applicable taxes. Bidder is hereby notified that the City is exempt from state and local sales taxes. The City of Paris tax exemption number is 1-756000635. A tax exempt certificate will be furnished upon request. Additional Reauirements: 1. All bids must be accompanied by a properly executed and completed Insurance Affidavit in the form attached hereto with this Invitation to Bid. 2. Within eight (8) days following written notification of award of this contract the successful bidder shall enter into an agreement with the City of Paris to furnish and perform all labor, supervision, materials and equipment necessary to complete the 2007 City Street HMAC Overlay Program (the "Work") in accordance with the terms and specifications contained in these Bid Documents. 3. The successful bidder shall also submit within eight (8) days of contract award a performance bond and a payment bond, with powers of attorneys attached, each in the full amount of the contract price, executed by a surety company or surety companies authorized to execute surety bonds under and in accordance with the laws of the State of Texas, and a properly executed Certificate of Insurance evidencing that all Insurance Requirements have been satisfied.