NOTICE TO BIDDERS
CITY OF NEWTON, IOWA
2025-01 DEMOLITION PROJECT
Sealed bids for the work comprising the improvement as stated below must be filed before 10:00 am local time on March 6, 2025, in the office of the City of Newton Public Works Director, 303 W 4th St N, Suite 501, Newton, IA.
Sealed proposals will be opened and bids tabulated at 10:00 am local time on March 6, 2025, in the Public Works Office, 303 W 4th St N, Suite 501, Newton, IA, for consideration by the Newton City Council at its meeting on March 17, 2025 at the Newton City Council Chambers. The City of Newton reserves the right to reject any and all bids.
Work on the improvement shall commence upon approval of the contract by the Council and issuance of the Notice to Proceed, and be completed as stated below.
Each bidder shall accompany its bid with bid security as defined in Iowa Code Section 26.8, as security that the successful bidder will enter into a contract for the work bid upon and will furnish after the award of contract a corporate surety bond, in a form acceptable to the Jurisdiction, for the faithful performance of the contract, in an amount equal to 100% of the amount of the contract. Said corporate surety bond shall guarantee the prompt payment of all material and labor, and protect and save harmless the City of Newton from claims and damages of any kind caused by the operations of the contract. Said bid security shall be in the amount fixed in the Instruction to Bidders and shall be in the form of a cashier’s check or a certified check drawn on an FDIC insured bank in Iowa or on an FDIC insured bank chartered under the laws of the United States; or a certified share draft drawn on a credit union in Iowa or chartered under the laws of the United States; or a bid bond on the form provided in the contract documents with corporate surety satisfactory to the Jurisdiction. The bid shall contain no condition except as provided in the specifications.
The City of Newton reserves the right to defer acceptance of any bid for a period of sixty (60) calendar days after receipt of bids and no bid may be withdrawn during this period.
For further information, please see Related Documents.