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Prospective bidder could submit their work schedule. However, upon reviewing them, the City reserves the right to maintain its own work Schedule. 6. Pre -Bid Tour Prospective bidders are invited to attend the following pre- conference: Time /Date 9:00 a.m., September 20, 2002. Location: City Hall, 17070 Collins Avenue, Suite 250, Sunny Isles Beach, FL 33160 7. Preparation of Proposals Original and Three (3) copies of proposals must be submitted on the forms provided by the City. All blank spaces for bid prices must be filled in ink, in both words and figures. In the event of any discrepancy in the entries for the price for any item, the unit price as shown in words in words shall govern unless both the extension and the unit price shown in figures are in agreement with each other, in which case they shall govern over the unit price shown in words. 8. Resection of Irregular Proposals Proposal will be considered irregular, and be rejected, if they show omissions, alterations of form, additions not called for, conditions or unauthorized alternative bids, or irregularities of any kind. 9. Bid Security Each bid must be accompanied by a certified check or cashier's check of the bidder, or by a bid bond prepared on the form of bid bond attached hereto, duly executed by the bidder as principal and having as Surety thereon a satisfactory surety company, in an amount not less than five percent (5 %) of the amount of the total bid. Such checks (or a reissued check at the City's option) or bids bonds will be returned to all except the three (3) lowest formal bides within ten (10) days after the formal opening of bids and the others, they will be returned within forty-eight (48) hours after the Board of City Commissioners and the successful bidder have executed the Contract for the Work, and if no such Contract is executed within 90 days after the date of the opening bids, upon demand of the Bidders at any time thereafter so long as his bid has not been accepted by the Board of City Commissioners. Under a ruling of the Attorney General of the State of Florida, there shall be affixed to each certified check, State Documentary stamps in the sum of 15 cents for each $100.00 of the amount of the check, as the - certification of the check by a bank becomes a written obligation to pay money and is subject to the documentary stamp tax. No bid accompanied by a certified check lacking such documentary stamps affixed will be acceptable. If a cashier's check is tendered, no documentary stamps are required. 10. Bid Security — Liquidated Damages Failure to execute a contract, file an acceptable bond and deliver the necessary insurance certificated as provided herein within 10 days after the prescribed forms are presented to the Bidder signature, shall be just cause for the annulment of the award and the forfeiture of the proposed guaranty to the City, which forfeiture shall be considered not as a penalty Instructions to Bidders Page 2 of 7