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Form 8832 Online Costa Mesa California: What You Should Know

City's Office of Management and Budget (OMB) : City of Costa Mesa Bid Form (Form 8832). Bids must be received: 10 days after July 13, 2022. CITYWIDE NEW TRAFFIC SIGNAL AND HAWK SIGNAL ORANGE COUNTY, CALIFORNIA online via Planets. PREPARATION of REQUIRED DOCUMENTS All required documents are to be attached as attachments: An original copy of Form 8832, Entity Classification Election (includes PDF file). Bid Form 8832, Entity Classification Election (includes PDF file and 2 photocopies). HOLDING/PAYMENT: All money owed must be provided to the City of Costa Mesa by check, made payable to City of Costa Mesa, as payment of the estimated cost of work.  Bids must be made payable  to City of Costa Mesa. INVESTMENT: A 50-year financial commitment is required to fund the 1,200,000 cost of work to install, as well as to cover the city expense to maintain the sign for 90 days, with an early termination fee of 75 per day for non-commercial uses. PENALTIES: The City of Costa Mesa will charge, with notice to the bidder, a 20-per-day fee for each day any work is not completed. This fee applies to all noncommercial uses of the sign, with an early termination fee up to 50. Additional penalty charges for non-commercial use after July 13, 2022, may include a 10 per day late fee up to 500, a 100 per occurrence late fee up to 300, and termination fees for noncommercial use of the post signs up to 10 for each use after July 13, 2024. The City of Costa Mesa reserves the right to determine the criteria used to evaluate the value of a public space. In the event the City determines that a proposal is not worth the money (or cost), the proposal is not permitted to proceed, or a proposal is not acceptable, and the applicant is notified, the City shall have recourse only at the administrative hearing process, through which City-imposed penalties may apply. PRICE: Based upon 0 to 40,000. Actual value is determined after city review.

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