Each proposal shall be accompanied by a certified check, cashier's check, money order or bid bond by a surety company licensed to do business in the State of Michigan in the amount of at least five (5%) percent of the amount bid, drawn payable to the City of Oak Park, Michigan, as security for the proper execution of the Contract.
The Bidding Documents will be on file on and after Tuesday, April 11, 2023 and may be examined at the following locations:
BidNET Direct (formerly MITN), www.bidnetdirect.com
Department of Public Works Office, 10600 Capital, Oak Park MI 48237
The bid guarantee of Bidders under consideration will be returned immediately after execution of the contract documents by the Owner; checks and money orders of Bidders not under consideration will normally be returned within forty-eight (48) hours after bid opening. The amount of the guarantee shall be forfeited to the Owner if the successful Bidder fails to enter into a contract and furnish the required bonds and insurance certificates within ten (10) days after award of the contract.
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