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<br />BID SECURITY <br /> <br />Accompanying this Bid is a certified or cashier's check or a bid bond in the amount of $ 5% of the bid or <br />$5,000.00, whichever is less made payable to the Owner which may be forfeited as liquidated damages if, <br />in the event this proposal is accepted, the undersigned fails to execute the Agreement and furnish and pay <br />for the required perfonnance and payment bonds for the Owner within 10 days after acceptance' of the <br />Bid; otherwise said certified or cashier's check or bid bond will be returned to the undersigned, <br /> <br />The undersigned Bidder agrees to commence work within 1Q days after the date of written Notice to <br />Proceed, and further agrees to substantially complete the work within 150 consecutive calendar days after <br />the date of written Notice to Proceed, subject to such extensions oftime allowed by the Conditions of the <br />Contract. <br /> <br />The undersigned Bidder also agrees to complete the entire work within 180 days after the Contract time <br />commences to run, <br /> <br />The undersigned Bidder agrees that this Bid shall be good and may not be withdrawn for a period of 60 <br />days after the scheduled closing time for receiving bids, <br /> <br />The undersigned agrees to forfeit to the Owner, as liquidated damages for each calendar day elapsing <br />between the date established as the date of substantial completion and the actual date of such substantial <br />completion of the contract work, the amount of $500,00 per calendar day, <br /> <br />The undersigned further agrees to forfeit to the Owner, as liquidated damages for each calendar day <br />elapsing between the date established as the date of final completion and the actual date of final <br />completion of the contract work, the amount of $500,00 per calendar day, <br />ADDENDA <br /> <br />Bidder acknowledges the receipt of Addendum No.'s <br /> <br />1. <br /> <br />,2. <br /> <br />,3, <br /> <br />,4, <br /> <br />,5, <br /> <br />Dated this _ day of <br />(month) <br /> <br />(year) <br /> <br />Contractor: h L' l) L'-Y '[11 Cl., \(" 9f-'\V\~, <br />Address: '\p < D. Y:)C'\ 1 {" -4 ::j '3 {. <br />. I <br /> <br />{ <br /> <br />,-(l tt 'f\'~ L [' <br />~. 0.\',")0 lile) Dr- 6(<c{~ I -' ' <br />,\1l'l(t '{t~ ;rr /' '1 31 / (;> <br /> <br />( . <br /> <br />SEAL <br />. <br /> <br />Attachments: <br />Subcontractor List <br />Bid Security <br />Trench Safety Act documentation <br /> <br />END OF DOCUMENT <br /> <br />06/06 <br /> <br />00300-3 <br /> <br />03-4138,C <br /> <br />SIB <br />