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19 . 06 If the Contract is to be awarded , OWNER will award the Contract to the Bidder whose Bid <br /> is in the best interests of the Project. <br /> ARTICLE 20 = CONTRACT SECURITY AND INSURANCE <br /> 20 . 01 Article 5 of the General Conditions , as may be modified by the Supplementary Conditions , <br /> sets forth OWNER's requirements as to performance and payment Bonds and insurance . When <br /> the Successful Bidder delivers the executed Agreement to OWNER , it must be accompanied by <br /> such Bonds , unless the Bonds have been waived due to the total contract being less than <br /> $50 , 000 . All Bonds shall be in the form prescribed by the Contract Documents except as provided <br /> otherwise by Laws or Regulations , and shall be executed by such sureties as are named in the <br /> current list of " Companies Holding Certificates of Authority as Acceptable Sureties on Federal <br /> Bonds and as Acceptable Reinsuring Companies" as published in Circular 570 (amended) by the <br /> Financial Management Service , Surety Bond Branch , U . S . Department of the Treasury. The <br /> sureties for all Bonds must be authorized to issue surety bonds in Florida . The CONTRACTOR <br /> shall require the attorney-in-fact who executes any Bond , to affix to each a current certified <br /> copy of their Power of Attorney , reflecting such person's authority as Power of Attorney in the <br /> State of Florida . Further, at the time of execution of the Contract , the CONTRACTOR shall for <br /> all Bonds , provide a copy of the Surety' s current valid Certificate of Authority issued by the <br /> United States Department of the Treasury under 31 United States Code sections 9304-9308 . <br /> ARTICLE 21 - SIGNING OF AGREEMENT <br /> 21 . 01 When OWNER gives a Notice of Award to the Successful Bidder, it shall be accompanied <br /> by the required number of unsigned counterparts of the Agreement with the other Contract <br /> Documents which are identified in the Agreement as attached thereto . Within fifteen ( 15) days <br /> thereafter, Successful Bidder shall sign and deliver the required number of counterparts of the <br /> Agreement and attached documents to OWNER. <br /> 21 . 02 OWNER shall return one fully signed counterpart to Successful Bidder. <br /> 21 . 03 Should Bidder to whom the Contract has been awarded refuse or fail to complete the <br /> requirements of Article 21 . 01 above , the additional time in calendar days , required to correctly <br /> complete the documents will be deducted , in equal amount , from the Contract time . Or, the <br /> OWNER may elect to revoke the Award and the OWNER shall hold the Bid Bond for <br /> consequential damages incurred , and the Contract may be awarded as the OWNER desires . <br /> ARTICLE 22 - SALES AND USE TAXES <br /> 22 . 01 OWNER is exempt from Florida state sales and use taxes on materials and equipment <br /> to be incorporated in the Work . Exemption No . 85-8012622034C-3 . Said taxes shall not be <br /> included in the Bid . Refer to paragraph 6 . 10 of the Supplementary Conditions for additional <br /> information . <br /> 00200 - Instructions to Bidders <br /> 00200 - 10 <br /> FAEngineeringTetition Paving10522 1st Rd. from 32nd Ave. to 35th Ave\Bid Documentst00200 - Instructions to Bidders.doc Rev. 05101 <br />