Reso 2005-825 - Laserfiche WebLink

Home Browse Search

1\ LJ " LJ n LJ (\ LJ n LJ " LJ n L-J n LJ r' LJ II LJ n LJ n u (I u r, LJ n u (I LJ n u n u n L.J 18181 DRIVE ACTIVE PARK APRIL 10, 2005 The undersigned Bidder agrees to do all the work and furnish all materials called for by the Bidding Documents, in the manner prescribed therein and to the standards of quality and performance established by the Engineer for the unit price amounts stated in the spaces herein provided, for each of the items or combination of items stipulated. Unit price line items shall include cost of implementing all applicable safety requirements. Bidder acknowledges that estimated quantities scheduled are approximated for the sole purpose of obtaining comparative bids for determination of the lowest responsible bidder and actual quantities required may increase or decrease. Bidder further agrees that payments will be made on the basis of actual quantities placed and accepted in the construction. BID SECURITY Accompanying this Bid is a certified or cashier's check or a bid bond in the amount of .$. 5% (not less than 5% of the bid) made payable to the Owner which may be forfeited as liquidated damages if, in the event this proposal is accepted, the undersigned fails to execute the Agreement and furnish and pay for the required performance and payment bonds for the Owner within 10 days after acceptance of the Bid; otherwise said certified or cashier's check or bid bond will be returned to the undersigned. The undersigned Bidder agrees to commence work within 10 days after the date of written Notice to Proceed, and further agrees to substantially complete the work within the time indicated as follows: 1. Architectural building elements, Le. Recreation Center and Gymnasium work within 365 consecutive calendar days after the date of written Notice to Proceed, subject to such extensions of time allowed by the Conditions of the Contract. 2. Project site elements, i.e. remaining site work within 432 consecutive calendar days after the date of written Notice to Proceed, subject to such extensions of time allowed by the Conditions of the Contract. The undersigned Bidder also agrees to complete final work within 463 calendar days after the date of written Notice to Proceed. The undersigned Bidder agrees that this Bid shall be good and may not be withdrawn for a period of 90 days after the scheduled closing time for receiving bids. The undersigned agrees to forfeit to the Owner, as liquidated damages for each calendar day elapsing between each date established above as the date of substantial completion and the actual date of such substantial completion of the contract work, the amount of $1500.00 per calendar day. BID FORM 00300-2