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kf <br /> of an AIA Document A310 Bid Bond , properly executed by the Bidder and by a qualified surety , <br /> or a certified check or a cashier' s check , drawn on any bank authorized to do business <br /> in the <br /> State of Florida . Bid Security must be in the sum of not less than Five Percent ( 5% ) of the total <br /> amount of the bid , made payable to Indian River County Board of County Commissioners . In <br /> the event the Contract is awarded to the Bidder, Bidder will enter in a Contract with the County <br /> and furnish the required 100 % Public Construction Bond within the timeframe set by the <br /> County . If Bidder fails to do so , the Bid Security shall be retained by the County as <br />liquidated <br /> damages and not as penalty . Please note that the questionnaire must be filled out completely <br /> including the financial statement . <br /> The County reserves the right to delay awarding of the Contract for a period of ninety ( 90) <br /> days after the bid opening , to waive informalities in any bid , or reject any or all bids in whole <br /> or <br /> in part with or without cause/or to accept the bid that , in its judgement , will serve <br /> the best <br /> interest of Indian River County , Florida . The County will not reimburse any Bidder for bid <br /> preparation costs . <br /> A Pre - Bid Conference will be held on February 15 , 2012 at 10 : 00 A . M . , in <br /> the first floor <br /> conference room of the Indian River County Administration Building located at 1801 27th Street , <br /> Vero Beach , Florida , 32960 . ATTENDANCE AT THIS CONFERENCE BY ALL BIDDERS IS <br /> HIGHLY ENCOURAGED , <br /> INDIAN RIVER COUNTY <br /> By : Jerry Davis <br /> Purchasing Manager <br /> For Publication in the Vero Beach Press Journal <br /> Date : January 25 , 2012 <br /> For : Vero Beach Press Journal <br /> Please furnish tear sheet and Affidavit of Publication to : <br /> INDIAN RIVER COUNTY <br /> PURCHASING DIVISION <br /> 1800 27th Street <br /> Building " B " <br /> Vero Beach , FL 32960 <br /> * * END OF SECTION <br /> 00100 - Advertisement for Bids REV 04-07 . doc <br /> 00100 - 2 <br /> FAPublic Works\ENGINEERING DIVISION PROJECTS\9810B-66th Ave Ph 2 4th St to 16th St\Admim\bid documents\00100 - Advertisement for Bids REV 04-07 <br />. doc <br />