Loren Data's SAM Daily™

FBO DAILY ISSUE OF MAY 11, 2007 FBO #1992
MODIFICATION

Z -- 52.228-1 BID GUARANTEE (SEP 1996)

Notice Date

5/9/2007
 

Notice Type

Modification
 

NAICS

236220 — Commercial and Institutional Building Construction
 

Contracting Office

ACA, US Army C-E LCMC Acquisition Center (Base Support) - DAAB08, ATTN: AMSEL-AC, Building 1208, Fort Monmouth, NJ 07703-5008
 

ZIP Code

07703-5008
 

Solicitation Number

W912CF-07-B-0002
 

Response Due

5/14/2007
 

Archive Date

7/13/2007
 

Point of Contact

Arthur Greenspan, 732-427-1415
 

E-Mail Address

Email your questions to ACA, US Army C-E LCMC Acquisition Center (Base Support) - DAAB08
(Arthur.Greenspan@mail1.monmouth.army.mil)
 

Small Business Set-Aside

N/A
 

Description

52.228-1 BID GUARANTEE (SEP 1996) (a) Failure to furnish a bid guarantee in the proper form and amount, by the time set for opening of bids, may be cause for rejection of the bid. (b) The bidder shall furnish a bid guarantee in the form of a firm commitment, e.g., bid bond supported by good and sufficient surety or sureties acceptable to the Government, postal money order, certified check, cashier's check, irrevocable letter of cred it, or, under Treasury Department regulations, certain bonds or notes of the United States. The Contracting Officer will return bid guarantees, other than bid bonds, (1) to unsuccessful bidders as soon as practicable after the opening of bids, and (2) to t he successful bidder upon execution of contractual documents and bonds (including any necessary coinsurance or reinsurance agreements), as required by the bid as accepted.- (c) The amount of the bid guarantee shall be _20_ percent of the bid price or $ 75,000.00, whichever is less. (d) If the successful bidder, upon acceptance of its bid by the Government within the period specified for acceptance, fails to execute all contractual documents or furnish executed bond(s) within 10 days after receipt of the forms by the bidder, the Contr acting Officer may terminate the contract for default.- (e) In the event the contract is terminated for default, the bidder is liable for any cost of acquiring the work that exceeds the amount of its bid, and the bid guarantee is available to offset the difference. (End of clause)
 

Place of Performance

Address: ACA, US Army C-E LCMC Acquisition Center (Base Support) - DAAB08 ATTN: AMSEL-AC, Building 1208 Fort Monmouth NJ

Zip Code: 07703-5008

Country: US
 

Record

SN01290844-W 20070511/070509221711 (fbodaily.com)
 

Source

FedBizOpps Link to This Notice
(may not be valid after Archive Date)

---

| FSG Index  |  This Issue's Index  |  Today's FBO Daily Index Page |