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Bid security requirement for Ebony Street NW and Garnet Street NW road improvement project.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2021-04-13 — 2021-04-13
Bid security requirement for Ebony Street NW and Garnet Street NW road improvement project.
The City Clerk or Deputy City Clerk and City Engineer are hereby directed to advertise for bids for said project as required by Minnesota Statutes Chapter 429 and any other applicable law. No bids will be considered unless sealed and filed with the City Clerk or Deputy City Clerk and accompanied by a cash deposit, cashier's check, or bid bond or certified check payable to the Clerk for five percent (5%) of the amount of such bid.
Reasoning: This is a standard bid security requirement for public works contracts.