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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 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 performance 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 />The undersigned Bidder agrees to commence work within 10 days after the date of written Notice to <br />' Proceed, and further agrees to substantially complete the work within 60 consecutive calendar days after <br />the date of written Notice to Proceed, subject to such extensions of time allowed by the Conditions of the <br />Contract. <br />' The undersigned Bidder also agrees to complete the entire work within 90 days after the Contract time <br />commences to run. <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' The undersigned Bidder agrees that this Bid shall be good and may not be withdrawn for a period of 60 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 />' 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 />' 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 />IBidder acknowledges the receipt of Addendum No.'s <br />1. ,2. ,3. ,4. ,5._ <br />' Dated this G day ofJ �. <br />(month) (year) <br />' Contractor: FENCE MASTERS, INC. <br />3550 NW 54th St. <br />Address: Miami_ El '33147 -22 <br />SEAL <br />' Attachments: <br />Subcontractor List <br />Bid Security <br />Trench Safety Act documentation <br />END OF DOCUMENT <br />06/05 00300 -3 <br />S.W. ERNST, PRESIDENT <br />03- 4138.B <br />