23-06 - SANITARY SEWER SYSTEM REHABILITATION

Accompanying each bid shall be a bid security payment in the form of a certified check, cashier’s check, or bid bond made
payable to the Township of Hopewell in the amount of ten percent (10%) of the total amount of the bid, but not in excess of
twenty thousand ($20,000) dollars and. Ihe bidder shall submit a copy of the bid guarantee with electronic submittal and mail ensuring receipt, PRIOR to electronic bid opening,
the original to the Township of Hopewell Municipal Clerks Office 201 Washington Crossing – Pennington Road, Titusville,
N.J. 08560. The bid bond may also be provided in certified check and cashier’s check in accord with provisions within general
requirements of this bid. All applicable surety bonds required in connection with the advertisement and award of building
contracts or sub agreements must be written by a surety company listed on the Federal Treasury List (Department Circular
570 – Surety Companies Acceptable on Federal bonds), incorporated herein by reference. Copies of this document may be
obtained from the Department.