Wood Dale Ter 2022 Storm Drainage Improvement Project

The City requires the awarded vendor(s) to obtain and maintain the following insurance coverage types:

• Automobile-For automobile operations liability
• Constructions Bonds-For bidding, payment, completion of construction projects
• General Liability-For bodily injury or property damage, arising from products, premises, completed work, personal & advertising injury
• Workers Compensation-For lost wages and medical expenses of injured workers

The City plans to require the following bond(s) for this solicitation:

• Bid Bond-City required Bond to ensure that vendors do not retract bids from the time they submit a bit until the contract has been executed.
• Payment Bond-City required Bond to ensure that subcontractors and/or suppliers are paid for any work performed.
• Performance Bond-City required Bond to ensure satisfactory completion of a project by the vendor.

The total project value is anticipated to be:

• $250,000 - 499,999

The term of the project is anticipated to be:

• Through Project Completion