ADVERTISEMENT FOR BIDS
Studio 114, LLC
c/o Lafayette Public Trust Financing Authority
The Studios at LWG
114 Oliver Street
Lafayette, LA 70501
PLEASE BE ADVISED THIS ADVERTISEMENT AMENDS AND REPLACES THE ADVERTISEMENT FOR THIS PROJECT RUN ON NOVEMBER 9TH
Sealed bids will be received by Studio 114, LLC, a wholly owned subsidiary of the Lafayette Public Trust Financing Authority, before 11:00 A.M. CST, December 12, 2012 for the following:
The Studios at LWG
Deliver bids to the Purchasing Division of Lafayette Consolidated Government, Attn: Studio 114, LLC at 705 West University Avenue, Lafayette, LA 70506. Bids will, shortly thereafter, be opened and read aloud. Bids received after the above specified time for opening shall not be considered and shall be returned unopened to the sender.
In accordance with Louisiana RS 38:2212, vendors may submit their bid electronically at www.centralauctionhouse.com. Plans and specifications are available on the web site and are listed under the Lafayette Public Trust Financing Authority. The web site is available 24 hours a day, seven days a week. Contractors submitting bids electronically are required to provide the same documents as contractors submitting through the mail or hand delivery. Regardless of the bid results, the vendor will have 48 hours from opening of the bids to provide the Owner the original documents. If a certified check, or cashier’s check, is submitted as the bid security, electronic copies of both the front and back of the check shall be included with the electronic bid. If a vendor fails to provide the original hard copies of these documents within 48 hours of the bid opening, their bid shall be considered non responsive.
Project consists of a complete renovation of a historic brick warehouse into 15 apartments with associated site work.
A Corporate Resolution & Bid Bond must accompany each bid in accordance with the Instructions to Contractors.
A MANDATORY Pre-Bid Conference will be held at 9:00 a.m. on Tuesday, November 20th, 2012 at 114 Oliver Street, Lafayette, LA 70501 (Project Site). All prospective bidders shall be advised that attendance at the pre-bid conference is MANDATORY. Bids will be received and opened only from bidders who attended the mandatory pre-bid conference.
All bids must be accompanied by bid security equal to five percent (5%) of the sum of the base bid and all alternates, and must be in the form of a certified check or cashier's check, written by a surety company licensed to do business in Louisiana, signed by the surety's agency or attorney-in-fact. Surety must be listed on the current U.S. Department of the Treasury Financial Management Service list of approved bonding companies as approved for an amount equal to or greater than the amount for which it obligates itself in the Bond, or must be a Louisiana domiciled insurance company with at least an A - rating in the latest printing of the A.M. Best's Key Rating Guide. If surety qualifies by virtue of its Best's listing, the amount of the Bond may not exceed ten percent of policyholders' surplus as shown in the latest A.M. Best's Key Rating Guide. The Bid Bond shall be in favor of the Owner, and shall be accompanied by appropriate power of attorney. No Bid Bond indicating an obligation of less than five percent (5%) by any method is acceptable.
The successful Bidder shall be required to furnish a Performance and Payment Bond written by a company licensed to do business in Louisiana, in an amount equal to 100% of the Contract amount. Surety must be listed currently on the U. S. Department of Treasury Financial Management Service List (Treasury List) as approved for an amount equal to or greater than the contract amount, or must be an insurance company domiciled in Louisiana or owned by Louisiana residents. If surety is qualified other than by listing on the Treasury list, the contract amount may not exceed fifteen percent of policyholders' surplus as shown by surety's most recent financial statements filed with the Louisiana Department of Insurance and may not exceed the amount of $500,000. However, a Louisiana domiciled insurance company with at least an A- rating in the latest printing of the A. M. Best's Key Rating Guide shall not be subject to the $500,000 limitation, provided that the contract amount does not exceed ten percent of policyholders' surplus as shown in the latest A. M. Best's Key Rating Guide nor fifteen percent of policyholders' surplus as shown by surety's most recent financial statements filed with the Louisiana Department of Insurance. The Bond shall be signed by the surety's agent or attorney-in-fact.
Complete Bidding Documents for this project are available from:
1011 Berard Street
Breaux Bridge LA 70517
Office Manager: Alicia Angelle
(337) 332-6688, extension 1
Additional copies of the specifications will be on file in the plan rooms of the following organizations:
Associated General Contractors Plan Room - Lafayette
F. W. Dodge Corporation - Baton Rouge
Vendors may obtain sets of documents upon a deposit of ONE HUNDRED FIFTY DOLLARS ($150.00)/PER SET. Deposit shall be fully refundable for the first set of documents to PRIME BIDDERS and one-half refundable for all additional sets to Prime Bidders, provided they submit a bonafide bid and the complete set of documents are returned in good condition within ten (10) days of bid opening; OTHERWISE, THEIR DEPOSIT, IN FULL, WILL BE FORFEITED. Deposits shall be one-half refundable to all others, provided the complete set of documents are returned in good condition within ten (10) days of bid opening; OTHERWISE, THEIR DEPOSIT, IN FULL, WILL BE FORFEITED. Prime bidders who choose not to submit a bid proposal must return complete set of documents in good condition prior to the date of bid opening; OTHERWISE, THEIR DEPOSIT, IN FULL, WILL BE FORFEITED.
Bids shall be accepted from Contractors who are licensed under LA. R.S. 37:2150-2163 for the classification of Building Construction. Bidder is required to comply with provisions and requirements of LA R.S.38:2212 (A)(1)(c). No bid may be withdrawn for a period of forty-five (45) days after receipt of bids, except under the provisions of LA. R.S. 38:2214.
The Owner reserves the right to reject any and all bids for just cause. In accordance with La. R.S. 38:2212 (A) (1)(b), the provisions and requirements of this Section, those stated in the advertisement bids, and those required on the bid form shall not be considered as informalities and shall not be waived by any public entity.