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1 . 05 INTERPRETATIONS AND ADDENDA <br /> A . All questions about the meanings or intent of the Contract Documents are to be <br /> directed in writing to the Purchasing Department. Interpretation or clarifications <br /> considered necessary by Owner in response to such questions will be issued by Addenda <br /> mailed or delivered to all parties recorded by Engineer as having received the Bidding <br /> Documents . Questions received less than ten days prior to the date for the opening of Bids <br /> may not be answered . Only questions answered by formal written Addenda will be binding . <br /> Oral and other interpretations or clarifications will not be binding and will be without legal <br /> effect . <br /> B . Addenda may also be issued to modify the Bidding Documents as deemed advisable by <br /> Owner or Engineer. <br /> 1 . 06 BID SECURITY <br /> A . Each Bid must be accompanied by Bid Security made payable to Owner in an amount of <br /> five percent of the Bidder's maximum base bid price and in the form of a certified check ; <br /> cashiers check ; or an AIA Document A310 Bid Bond issued by a surety meeting the <br /> requirements of Paragraph 5 . 01 of the General Conditions . <br /> B . The Bid Security of the Successful Bidder will be retained until such Bidder has executed <br /> the Agreement and furnished the required Payment Bond and Performance Bond , <br /> whereupon the Bid Security will be returned . If the Successful Bidder fails to execute and <br /> deliver the Agreement and furnish the required Payment Bond and Performance Bond <br /> within fifteen calendar days after the Notice of Award , Owner may annul the Notice of <br /> Award , and the Bid Security of that Bidder will be retained by the County . <br /> C . The Bid Security of other Bidders whom Owner believes to have a reasonable chance of <br /> receiving the award maybe retained by the Owner until the earlier of the seventh ( 7 ) day <br /> after the effective date of the Agreement or the sixty-first ( 61 ) day after the Bid opening , <br /> whereupon Bid security furnished by such Bidders will be returned . Bid security with bids <br /> which are not competitive may be returned before the end of the sixty-day ( 60 ) period . <br /> 1 . 07 CONTRACT TIME <br /> The number of days within which , or dates by which , the work is to be substantially <br /> completed and also complete and ready for final payment ( the Contract Time ) are set forth <br /> in the Bid Form ( Section 00300 ) and the Agreement ( Section 00530 ) . <br /> 1 . 08 LIQUIDATED DAMAGES <br /> Provisions for liquidated damages are set forth in the Agreement ( Section 00530 ) . <br /> 1 . 09 SUBSTITUTE OR " OR EQUAL " ITEMS <br /> The Contract , if awarded , will be on the basis of materials and equipment described in the <br /> Drawings or specified in the Specifications without consideration of possible substitute or " or <br /> equal " items . Whenever it is indicated in the Drawings or specified in the Specifications that <br /> a substitute or "or equal " item of material or equipment may be furnished or used by <br /> Contractor if acceptable to Engineer , application for such acceptance will not be considered <br /> by Engineer until after the Effective Date of the Agreement . The procedure for submission of <br /> 00100-4 <br />