Laserfiche WebLink
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 Public Construction Bond and insurance . When the <br /> Successful Bidder delivers the executed Agreement to OWNER, it must be accompanied by such <br /> Bond , unless the Bond has been waived due to the total contract being less than $ 100 , 000. <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 /> * * END OF SECTION <br /> 00200 - Instructions to Bidders REV 0"7 .doc <br /> 00200 - 10 <br /> PIPublic WorkslENGINEERING DIVISION PROJECTS%0545=66Th Ave SR60 to 57th St (Arcadis)VAdmim\Bid Documents%00200 - Instructions to Bidders REV 04-07.doc <br /> Rev. <br /> 05/01 <br />