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HomeMy WebLinkAbout1970-206-11 - Authorization to Advertise Bids for Culvert Construction at High DriveBill No. 206-11 Ordinance No. 2061.1 AN ORDINANCE AUTHORIZING THE ADVERTISEMENT FOR BIDS FOR CONSTRUCTION OF CULVERT AT HIGHDRIVE IN THE CITY OF RIVERSIDE, MISSOURI. BE IT ORDI~NED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Sectin 1. The City Clerk is hereby authorized to advertise in the Platte County Dispatch or other proper paper for bids on the construction of culverts under roadway construction for road to be built over Highdrive, according to plans and specifications attached 18ceto end marked Exhibit A, also said Exhibit showing locations of said culverts. Section 2. The advertisement shall notify all bidders to furnish information as to their experience, equipment and bonding capacity as shall be requested by the Acting City Engineer. Section 3. Such advertisement shall be inserted in the January 22, January 29 and February 5, 190, editions of the paper and bids will be opined on February 17, 1970, at 8:00 o'clock p.m. at the Board of Aldermen's meeting of the City of Riverside, Missouri. Section 4. Bidders will be required to file a Proposal Guarantee with their bid consisting of a bid bond issued by surety companies authorized to do business in Mis souri, in an amount not less than five per cent (5%) of the total amount of their bid. Each proposal shall be conditioned that the successful bidder will, wit3iin ten (10) days after the award of contract, enter into a written agreement and file with the City Clerk a good and sufficient performance bond in the full amount of the contract and that upon failure to do so the Proposal Guarantee Deposit will be forefeited as damages sustained by the City as a result of such failure, and the award may be rescinded and the contract awarded to the next best or lowest bidder. The bond shall be written by bonding companies authorized to do business in the Stateof Missouri. Passed this 20th day of January, 1970. Z r ,.T ./ 1./~.--~~' .1.7~~ Mayor - ATTEST City Clerk Approved this 20th day of January, 1970. ~~ ~ ~ ~/ _, yor