The notice to bidders must state the following items:
1. The time and place for filing sealed proposals.
2. The time and place sealed proposals will be opened and considered on behalf of the governing body.
3. The general nature of the public improvement on which bids are requested.
4. In general terms when the work must be commenced and when it must be completed.
5. That each bidder shall accompany the bid with a bid security as defined in this subsection and as specified by the governing body, 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, acceptable to the governing body, for the faithful performance of the contract, in an amount equal to one hundred percent of the amount of the contract. The bidder's security shall be in an amount fixed by the governing body, and shall be in the form of a cashier's or certified check drawn on a bank in Iowa or a 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 law of the United States, or the governing body may provide for a bidder's bond with corporate surety satisfactory to the governing body. The bid bond shall contain no condition except as provided in this section.
6. Any further information which the governing body deems pertinent.
The notice to bidders may provide that bids will be received for the furnishing of all labor and materials and furnishing or installing equipment under one contract, or for parts thereof in separate sections.
On public improvements to be financed wholly or partially by special assessments against benefited property, the governing body, in the notice to bidders, may request aggregate bids for all projects included in any resolution of necessity, notwithstanding variations in the sizes of the improvements and notwithstanding that some parts of the improvements are assessable and some nonassessable, and may award the contract to the lowest responsible bidder submitting the lowest aggregate bid.
[C97, § 813, 815; S13, § 840-a, 849-d; SS15, § 813; C24, 27, § 6004-6006, 6084-6086, 6088; C31, 35, § 6004-6006, 6084-6086, 6088, 6134-d5, 6610-c48; C39, § 6004-6006, 6084-6086, 6088, 6134.09, 6610.50; C46, § 391.31-391.33, 395.6-395.8, 395.10, 397.17, 417.51; C50, § 391.31-391.33, 391A.13, 391A.14, 395.6-395.8, 395.10, 397.17, 417.51; C54, § 391.31-391.33, 391A.16, 391A.17, 395.6-395.8, 395.10, 397.17, 417.51; C58, 62, 66, 71, 73, § 386B.9, 391.31-391.33, 391A.16, 391A.17, 395.6-395.8, 395.10, 397.17, 417.51; C75, 77, 79, 81, § 384.97]
84 Acts, ch 1055, § 9
Referred to in § 331.341, 357A.12, 384.103, 390.3
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