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<br />BID SECURITY <br />Accompanying this Bid is a certified or cashier's check or a bid bond in the amount of 5%_of the bid made <br />payable to the Owner which may be forfeited as liquidated damages if, in the event this proposal is accepted, the <br />undersigned fails to execute the Agreement and furnish and pay for the required performance and payment bonds <br />for the Owner within 10 calendar days after acceptance of the Bid; otherwise said certified or cashier's check or <br />bid bond will be returned to the undersigned. <br /> <br />The undersigned Bidder agrees to commence work within ten (10) calendar days after the date of written Notice <br />to Proceed, and further agrees to substantially complete the work within THREE HUNDRED SIXTY FIVE (365) <br />consecutive calendar days after the date of written Notice to Proceed subject to such extensions of time allowed <br />by the Conditions of the Contract. <br /> <br />The undersigned Bidder agrees that this Bid shall be good and may not be withdrawn for a period of sixty (60) 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 between the <br />date established as the date of substantial completion and the actual date of such substantial completion of the <br />contract work, the amount of $500.00 per calendar day. <br /> <br />ADDENDA <br /> <br />B~eknOWledgeS the receipt of Addendum No.'s <br /> <br />1. 2. ~,3. ,4. ,5. <br /> <br />Dated this 28th day of November 2007. <br />(month) (year) <br /> <br />Contractor: <br /> <br />Tran Construction, Inc. <br /> <br />Address: <br />* <br /> <br />1000 NW 54 Street, Miami, Florida 33127 <br /> <br /> <br />L/lt/J>eJ/ <br /> <br />SEAL <br /> <br />x <br /> <br />Attachments: <br />Subccntmc!or List <br />Bid Security <br />Trench Safety Act documentation <br /> <br />END OF DOCUMENT <br /> <br />Oct. 2007 <br /> <br />00300-3 <br />