Council shall establish comprehensive competitive
bidding procedures as a part of the Administrative Code, including
but not limited to requirements for advertisement for bids, bid deposits,
bid conditions, withdrawals, waivers, exceptions, and time limits.
Council shall not evade the provisions of §
C-120 herein by purchasing or contracting piecemeal for the purpose of obtaining prices under those requiring competitive bidding upon transactions which should, in the exercise of reasonable discretion and prudence, be conducted as one transaction requiring competitive bidding.
All bids submitted to the Municipality, when
such bids are over the specified $1,500, shall be accompanied by a
bid deposit in the amount of 25% of the bid price quoted.
When competitive bidding is required, the successful
bidder shall be required to furnish a bond in 100% of the contract
price, guaranteeing the work to be completed, and/or the equipment
supplied under such awarded contract. In those cases where it is shown
that such a performance bond is not commonly available, Council may
waive this requirement. The Municipality shall comply with the Public
Works Contractors' Bond Law of 1967.
When competitive bidding is required, a maintenance
bond shall be submitted to the Municipality naming the Municipality
as obligee in 100% of the contract price or such other amount as deemed
adequate by Council to insure maintenance of all improvements, work
and materials for a period of at least 24 months or such other extended
period of time as deemed necessary by Council. In those cases where
it is shown that such a maintenance bond is not commonly available,
Council may waive this requirement.
All bonds shall be issued by a bonding company
that is licensed to do business in the Commonwealth of Pennsylvania.