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<br />n <br /> <br />III <br /> <br />Ii <br />. <br /> <br />n <br />. <br /> <br />n <br />. <br /> <br />1""'1 <br />. <br /> <br />r'l <br />. <br /> <br />14. <br /> <br />,., <br />. <br /> <br />,.., <br />. <br /> <br />13.3 Contractors agree to ensure that Disadvantaged Business Enterprises as <br />defined in 49 CFR Part 26, as amended, have the maximum opportunity to <br />participate in the performance of contracts and this Agreement. In this <br />regard, all recipients, and contractors shall take all necessary and reasonable <br />steps in accordance with 49 CFR Part 26, as amended, to ensure that the <br />Disadvantaged Business Enterprises have the maximum opportunity to <br />compete for and perform contracts. Grantees, recipients and their <br />contractors shall not discriminate on the basis of race, color, national origin <br />or sex in the award and performance of Department assisted contracts. The <br />bidder shall provide DBE documentation required by the Florida Department <br />of Transportation to the Owner, in conjunction with the Bid Form. <br /> <br />UQUIDA TED DAMAGES <br /> <br />14,1 The Owner may incur financial loss if the Work is not substantially complete <br />by the date set forth in the Agreement. The Contractor (and his Surety) shall <br />be liable for liquidated damages in accordance with the Supplementary <br />Conditions and the Agreement. <br /> <br />15. PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND <br /> <br />n <br />. <br /> <br />,., <br />. <br /> <br />1'1 <br />. <br /> <br />n <br />. <br /> <br />r"1 <br />. <br /> <br />..., <br />. <br /> <br />M <br /> <br />. <br /> <br />,., <br />. <br /> <br />..-- <br /> <br />. <br /> <br />,.., <br />. <br /> <br />09/09 <br /> <br />.., <br /> <br />. <br /> <br />15.1 With the execution and delivery of the Contract, the Bidder shall furnish the <br />following Surety bonds of the forms contained herein: <br /> <br />a. <br /> <br />Performance Bond guaranteeing full and faithful execution of the <br />Work in an amount equal to 100 percent of the Contract Sum, and <br />including guaranteed repair and maintenance of all defects due to <br />faulty materials and workmanship that appear within one year after <br />completion of contract. <br />Labor and Material Payment Bond guaranteeing full and proper <br />protection of all claimants supplying labor and materials in the Work <br />in an amount equal to 100 percent of the Contract Sum. <br /> <br />b. <br /> <br />15.2 Bonds shall be executed by Surety authorized to do business in the State of <br />Florida and listed on the latest U.S. Treasury Department list of companies <br />holding certificates of authority as acceptable sureties on Federal Bonds. <br /> <br />15.3 Bonds executed by an Attorney-in-Fact on behalf of the Surety, shall have <br />affixed thereto a certified and current copy of Power of Attorney, indicating <br />the monetary limit of such power. <br /> <br />15.4 Qualifications: As to companies being rated acceptable: <br /> <br />A Bid Bond and Performance and Payment Bond must be executed by a <br />Surety Company of recognized standing, authorized to do business in the <br />State of Florida and having been in business with a record of successful <br />continuous operation for at least (5) years. <br /> <br />001 00-6 <br /> <br />03-4122.F <br />