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3.60.130 Requirements for contract award.
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A. The requirements for awarding a contract are:

1. Contract document;

2. Borough business license;

3. Proof of workers’ compensation insurance;

4. Performance and payment bond in amount of contract or a certified check to the Haines Borough in like amount as provided under AS 36.25.010; and

5. Any overdue unpaid debts owed the borough must be current prior to award.

B. If the successful bidder fails to enter into the contract and furnish the performance bond and payment bond within 14 working days from the date on which the bidder is notified of being the successful bidder, the bid bond or check and the amount thereof shall be forfeited to the borough. (Ord. 15-06-414 § 5)