Page 12 April 19, 2018 EL SEGUNDO HERALD
Ask Your Banker
Your Home is Your Castle
PUBLIC NOTICES
NOTICE INVITING SEALED BIDS
FOR THE
STORM DRAIN PIPE
ABANDONMENT ON EUCALYPTUS
DRIVE
IN THE CITY OF EL SEGUNDO
PROJECT NO.: PW 18-11
The City of El Segundo is accepting
sealed bids in the City Clerk’s
office, 350 Main Street, El Segundo,
California 90245, until 11:00 a.m. on:
TUESDAY, MAY 8, 2018
at which time they will be publicly
opened. Bids will not be accepted
after that time.
As described in the Bidding
Documents, the bids are for a
public works project (“Project”)
which consists of Storm Drain Pipe
Abandonment and related work as
shown on the plans on file with the
City’s Public Works Department.
Work on the Project must be performed
in strict conformity with Specifications
No. PW 18-11 as adopted by the El
Segundo City Council on April 3, 2018
which is filed with the Public Works
Department.
Copies of the Plans, Specifications,
Contract Documents and Engineer’s
estimate are available from the
Engineering Division of the Public
Works Department, City of El
Let Me Help You Find Yours!
Remember to Buy
a Rotary Duckie!
Segundo, 350 Main Street, El
Segundo, California, 90245. Plans
And Specifications are alternately
available electronically via http://www.
elsegundo.org/depts/works/project_
request_contact_form.asp
A pre-bid meeting is scheduled for
Tuesday, May 1, 2018 at 10:00 AM,
in the City Hall Council Chambers, 350
Main Street in El Segundo, CA 90245.
Bidders’ attendance at this meeting is
mandatory. Questions regarding the
bid shall be submitted by 3:00 pm on
Thursday, May 3, 2018, to
http://www.elsegundo.org/depts/
works/project_request_contact_form.
asp.
The terms and conditions for bidding
on the Project are described in the
attached Bidding Instructions.
This project requires payment of State
prevailing rates of wages for Los
Angeles County. The contractor must
post copies of the prevailing schedule
at each job site. Copies of these rates
of wages are available from the State
of California Department of Industrial
Relations Prevailing Wage Unit,
Telephone No. (415) 703-4774. The
website for this agency is currently
located at www.dir.ca.gov.
Note that the Project is subject
to compliance monitoring and
enforcement by California Department
of Industrial Relations. Pursuant
to California law, the City must
find bids failing to comply with all
applicable Labor Code requirements
including, without limitation, Labor
Code §§ 1725.5 and 1771.4 to be
nonresponsive.
The contractor to whom the contract
is awarded must assist in locating,
qualifying, hiring and increasing the
skills of minority group employees
and applicants for employment, as set
forth in Executive Order 11246 and
11375.
Any contract entered into pursuant
to this notice will incorporate the
provisions of the State Labor Code.
Compliance with the prevailing
rates of wages and apprenticeship
employment standards established
by the State Director of Industrial
Relations will be required.
Affirmative action to ensure against
discrimination in employment
practices on the basis of race, color,
national origin, ancestry, sex, or
religion will also be required.
The City of El Segundo hereby
affirmatively ensures that minority
business enterprises will be afforded
full opportunity to submit bids in
response to this notice and will not be
discriminated against on the basis of
race, color, national origin, ancestry,
sex, or religion in any consideration
leading to the award of contract.
The Contractor’s duty to pay State
prevailing wages can be found
under Labor Code Section 1770 et.
Seq. and Labor Code Sections 1775
and 1777.7 outline the penalties
for failure to pay prevailing wages
and employ apprentices including
forfeitures and debarment.
Five percent (5%) will be deducted from
each progress payment and retained
by the City. The remainder less the
amount of all previous payments will
be paid to the Contractor. Pursuant
to Public Contracts Code (“PCC”) §
22300, the Contractor may substitute
securities for retention monies held by
the City or request that the City place
such monies into an escrow account.
The Contractor is notified, pursuant to
PCC § 22300, any such election will
be at the Contractor own expense
and will include costs incurred by the
City to accommodate the Contractor’s
request.
In entering into a Public Works
contract, or a subcontract, to supply
goods, services, or materials
pursuant to a public works contract,
the Contractor, or Sub-Contractor,
Shiela Simplifies Sales
offers and agrees to assign to the
awarding body all rights, title and
interest in, and to, all causes of action
it may have under Section 4 of the
Clayton Act (15 U.S.C. Section 15)
or under the Cartwright Act (Chapter
2 [commencing with Section 16700]
of Part 2 of Division 7 of the Business
and Professions Code), arising
from purchases of goods, services,
or materials pursuant to the public
works contract or the subcontract.
This assignment shall be made and
become effective at the time the
awarding body tenders final payment
to the Contractor, without further
acknowledgment by the parties.
Bids must be prepared on the
approved Proposal forms in
conformance with the Instructions
to Bidders and submitted to the City
Clerk, 350 Main Street, City of El
Segundo, in a sealed envelope plainly
marked on the outside:
“SEALED BIDS FOR PROJECT NO.:
PW 18-11
STORM DRAIN PIPE
ABANDONMENT ON EUCALYPTUS
DRIVE IN THE CITY OF EL
SEGUNDO
DO NOT OPEN WITH REGULAR
MAIL”
The bid must be accompanied by a bid
bond, made payable to the City of El
Segundo for an amount no less than
ten percent (10%) of the amount bid
for the base contract.
No bid will be accepted from a
Contractor who has not been licensed
in accordance with the provisions of
the State Business and Professions
Code. For these projects, those
acceptable classes of license shall be
“A.” The successful Contractor and
his Sub-Contractors will be required
to possess the correct license for their
project classifications, and valid City
Business Licenses from the City of El
Segundo.
The City of El Segundo reserves
the right to reject any or all bids, to
waive any irregularity, and to take all
bids under advisement for a period of
ninety (90) calendar days.
Any contract entered into pursuant
to this notice shall become effective
or enforceable against the City of El
Segundo only when the formal written
contract has been duly executed by
the appropriate officer(s) of the City of
El Segundo.
DATED this 12th day of April , 2018
CITY OF EL SEGUNDO, CALIFORNIA
El Segundo Herald Pub. 4/12, 4/19,
4/26/18
H-25989
How You And Your
Bank Can Help
Prevent Fraud
Against Your
Business?
Fraud against small businesses is on the
rise. Were you aware that employee theft at
businesses in the U.S. totaled more than 50
Billion in 2017? Did you know the average
cost of fraud that was reported in 2016 was
$150,000? Additionally, over 75% of all
small businesses (less than 100 employees)
experienced some form of Check fraud in
2016- this was an increase of 71% from 2015!
Those are staggering numbers for most small
businesses to consider. How would you and
your business weather such an unexpected
loss? However, fear not, focusing on just a
few areas of your operation you can help
your company reduce its exposure to fraud.
Here are four of the most common forms
of Check/Funds Transfer Fraud against small
business owners:
1. Payroll Fraud- 54% of all small businesses
suffer from payroll fraud. What can you do?
Owners should have a working knowledge of
their payroll system and do occasional audits.
Additionally, your business banker should
proactively be making you aware of Banking
Services such as Positive Pay and Positive
Pay with Payee match. Such a service helps
prevent checks from being issued fraudulently.
It’s an early detection system that prior to
clearing a check; it alerts you that a check
doesn’t match the amount/payee listed on
your electronic check register and alerts you
to either pay or reject the highlighted check.
2. Online Banking- Online Banking is
a common service that allows owners to
constantly monitor their accounts and provide
the luxury of convenience. However, proper
assignment of authorities to staff who use
Online Banking is critical. Does their access to
the system match their roll at your company?
Are there any dual controls in the system?
Is the same person that initiates wires and
electronic transfers the same person that
approves them? Most employees’ access to
Online Banking should be view only to limit
that exposure. Only senior/ trusted positions
within the company should have full access
to the Online Banking program. Even then,
spot checks by the owner are very important.
3. False Invoicing – This has been an
increasingly popular fraud method. False
invoicing occurs when an employee creates
false suppliers or where they pay a legitimate
supplier and diverts the funds to an alternative
account where they control the funds. How
do you fight this- Owners must have basic
oversight for every vendor in their business.
Additionally, vendor payments usually stay
within a certain range- expense management
and awareness to budget are keys to catching
this type of fraud. Monitoring Invoices to
make sure there are no past dues and paid
invoices are within budget guidelines.
4. Internal Email Fraud- Emails requesting
funds transfers that appear to be an email
from an authorized employee within the
business, when in fact it’s from a fraudster.
The fraudulent email-from the Owner, CFO
or Office manager- authorizes and requests a
wire or electronic transfer to be made. The
email appears to be the business email of
the authorized personnel, but will always
have some small difference in the email
line- so small it is often overlooked. The
transfer is sent out to a fraudulent recipient
and the money is lost. How to avoid? All
emails requesting transfers should be closely
reviewed and then a telephone call should be
made to the authorizer requesting the transfer
of money. DO NOT just reply to the email.
Consistent reminders to staff of this protocol
and vigilance by all are critical.
In the end, we can never completely avoid
fraud. However, working with your business
banker to set up some of the fraud prevention
services like- On line Banking, Positive Pay
with Payee Match, ACH Fraud filter can greatly
reduce your risk exposure. If your business
banker isn’t familiar with these services (and
they should be)- contact me. Also- Inspect
what you expect! Create dual controls for all
disbursement activity and consistently monitor
areas of your operation where fraud can occur.
If you have any questions for any of our
specialist or contributors, please email your
question to: web@heraldpublications.
com. List the business category in your
subject line (i.e. Realtor, banker, property
manager). Thank you for participating.
E L S E G U N D O
D R E # 0 1 3 7 8 8 5 1
Eloise Mendez • 310-322-9761 • www.eloisemendez.com
CalBRE# 00942595
310-529-9922
shfowler17@gmail.com
“Home ownership is the cornerstone of a strong community.”
– Rick Renzi