Below is an invitation to bid for the state of Washington’s Samaritan Healthcare.

It’s for the Emergency Center’s remodeling in Moses Lake.

License and Permit Bond Firm

http://www.columbiabasinherald.com/community/legals/invitation-to-bid/article_fdd581b6-2a47-11e5-afb4-df3175e7b751.html

In accordance with Title 70, Chapter 44, Section 140 of the Revised Code for the State of Washington, Samaritan Healthcare hereby gives public notice of the need for materials and work for construction that conforms to all applicable public works requirements including the requirement to pay prevailing wages. As allowed by code, Samaritan hereby invites tenders of a construction bid to be based upon dra.wings and specifications that meet the requirements contained in the Contract Documents supplied by Samaritan. Sealed bids will be received by the Samaritan Healthcare for a fixed stipulated lump sum General Contract, including all General, Mechanical, Electrical, and associated work for the construction of the:
SAMARITAN HOSPITAL

EMERGENCY DEPARTMENT REMODEL (REBID)
MOSES LAKE, WASHINGTON
Samaritan Healthcare will receive sealed bids from qualified contractors ONLY until 3 p.m., July 30, 2015 at the Plant Services Office in Samaritan Hospital, 801 E. Wheeler Road, Moses Lake, Washington 98837. Bids received after 3 p.m. will not be accepted. Bids will be opened and publicly read aloud immediately after the specified closing time in the 4th Floor Conference Room. Bidders and other interested parties are invited to be present at the opening.
A pre-bid walk through of the project will be held in the Emergency Department on July 24 at 1:00 PM. Interested parties are encouraged to attend. Meet in the Hospital Lobby.
Bid must be to perform work for a fixed stipulated lump sum that excludes Washington State Sales Tax. All bids must be accompanied by a bid bond in an amount not less than 5% of the total bid made payable to Samaritan Healthcare.
Questions are to be directed to the Architect of Record:
KDF Architecture
Attn: Randy Anderson
(509) 575-5408
[email protected]
Bid documents may be examined at the following plan centers:
Yakima Plan Center Yakima
Tri-City Construction Council Kennewick
Associated General Contractors Spokane
Associated Builders and Contractors Spokane
Spokane Regional Plan Center Spokane
Builders Exchange of Washington Everett
Wenatchee Plan and Copy Center Wenatchee
Bid documents may be obtained by prime bidders for a refundable deposit of $75.00 per set from Abadan Reprographics & Imaging, 603 East 2nd Avenue, Spokane, Washington 99202. (509) 747-2964, (800) 572-3706, FAX (509) 744-3832. Checks for the deposit must be made payable to Samaritan Healthcare. CASH WILL NOT BE ACCEPTED FOR DEPOSIT. Bidders wishing to have bid documents mailed or shipped to them may do so by contacting Abadan Reprographics. The cost to ship or mail bid documents will be paid by the Bidder directly to Abadan Reprographics. Bidders wishing to pick up drawings at Abadan Reprographics please call and order your sets at least 4 hours before you arrive. Deposit will not be returned if documents are mutilated or so marked that they are not reusable and/or if they are not returned to KDF Architecture within 20 days after selection of a successful bid.
The Architect and Owner will not be responsible for partial sets of document purchased from the reprographics company. Any and all errors or omissions resulting from the failure of the General Contractor, Subcontractor or material supplier to become familiar with the documents in their entirety will be corrected at the Contractor’s expense.
A bidder whose proposal is under consideration shall provide if requested, satisfactory evidence of his financial resources, experience with hospital construction, and the organization and equipment the bidder has available for the performance of the contract. The bidder must be registered with the State of Washington (in accordance with Chapter 18.27 RCW) and shall furnish state registration number.
Samaritan will publicly announce the apparent low bidder during the bid opening; however, Samaritan Healthcare reserves the right to reject any or all bids, to waive any irregularity or to accept any bid deemed in the best interest of Samaritan. Upon a thorough review of the bidder’s documents, Samaritan will promptly award the contract to the responsible bidder with the lowest responsive bid.
Samaritan retains the right to hold the bid bond of the lowest apparent bidder and the next two lowest bidders for (90) days after the bid opening, or until a contract has been executed, which ever is the lesser amount of time. All other bid bonds will be returned as soon as feasible after the bid opening.
This order let by Order of Samaritan Healthcare, Board of Directors.

This will require a surety bond.

There are three parties to every surety bond.
1.The Principal – this is the person who is the primary payer on the bond. That is, the Principal is the one that everyone will want to pay FIRST. In a major construction project the General Contractor is the Principal on a large surety bond.
2.The Surety – this person is also known as the obligor. The Surety provides a guarantee that the Principal will not default on the bond; that is, that they will perform the job per the contract requirements. The Surety is generally a large insurance company. They have spent lots of time and resources through their underwriting department (more on that below) to verify that the Principal can perform. But if the Principal can not perform, then the Surety will make good.
3.The Beneficiary – this person is also known as the obligee. This is the person that wants a surety bond. In a major construction project this is the owner – or an agent of the owner (possibly, the developer). The Beneficiary requires that there is a surety bond for several reasons, including the transfer of risk (despite some increased cost), the protection against unforeseen risk.

This is a simple explanation/definition of a surety bond (sometimes called a surety guarantee, or fidelity bond). A fidelity bond / guarantee bond / surety agreement is a promise that someone (i.e., the commercial surety) will pay a specific dollar amount if someone else (called the Principal, e.g., the general contractor) fails to comply with some commitment as spelled out in a contract or other work-site agreement. So, what a surety agreement does is protect the Owner from a default by the Principal. The bond guarantee could also require that the commercial surety will perform, or get someone else who will perform, the job according to the specific terms in the contract.

The fidelity bond commitments are generally set forth in the bid requirements or specified in a contract. One of the places where we see these commitments are in construction contracts. In a typical construction contract, the surety guaranty protects the owner of the job site (sometimes referred to as the Obligee) against potential losses, which can arise from the general contractor’s failure to comply with the terms of the contract/fidelity bond.