Lacombe County - Invitation to Bid - REQUEST FOR TENDER - ASPHALT LINE PAINTING AND OTHER WORK

The Work to be undertaken involves repainting existing painted highway markings for a term of 3 years (2027-2029) inclusive.
9.2 The Tenderer is required to submit with its Tender, a Consent of Surety and a Bid Bond in a form acceptable to the County, or in lieu of a Bid Bond, a Tenderer may submit, along with a Consent of Surety, a certified cheque or an irrevocable letter of credit in favor of the County equal to 10% of the Tender Sum as a guarantee that, if awarded the contract for the Work, the Tenderer will execute a contract and submit the Performance Bond and the Labour and Material Payment Bond referred to in Article 10 hereinafter within the specified time frames. 11.2 The Tender shall be accompanied by a Certificate of Insurance, certifying that the insurance as required by the Contract, is in place or, if the required insurance is not in place, by a Letter of Insurability or Undertaking of Insurance in standard form from the Tenderer’s Insurance Broker certifying that the required insurance will be issued to the Tenderer if the Tenderer is the Successful Tenderer.