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State of Florida . Bid Security must be in the sum of not less than Five Percent ( 5% ) of the total amount of the bid , made payable to Indian River County Board of County Commissioners . In the event the Contract is awarded to the Bidder, Bidder will enter in a Contract with the County and furnish the required 100 % Public Construction Bond within the timeframe set by the County . If Bidder fails to do so , the Bid Security shall be retained by the County as liquidated damages and not as penalty . Please note that the Qualifications Questionnaire (Section 00456) must be filled out completely including the financial statement. The County reserves the right to delay awarding of the Contract for a period of ninety 90 days after the bid opening , to waive informalities in any bid , or reject any or all bids in whole or in part with or without cause/or to accept the bid that, in its judgement, will serve the best interest of Indian River County , Florida . The County will not reimburse any Bidder for bid preparation costs . A MANDATORY Pre- Bid Conference will be held on Monday, August 27 , 2012 at 10 : 00 A. M . , in the first floor conference room B1 -501 in Building " B" of the Indian River County Administration Building located at 1800 27th Street, Vero Beach , Florida , 32960 . ATTENDANCE AT THIS CONFERENCE BY ALL BIDDERS IS MANDATORY. INDIAN RIVER COUNTY - By: Jerry Davis Purchasing Manager For Publication in the Vero Beach Press Journal Date : August 8 , 2012 For: Vero Beach Press Journal Please furnish tear sheet and Affidavit of Publication to : INDIAN RIVER COUNTY PURCHASING DIVISION 1800 27th Street Building " B" Vero Beach , FL 32960 * * END OF SECTION * *. 00100 - Advertisement for Bids REV 04-07. doc 00100 - 2 FVublic WorksNENGINEERING DIVISION PROJECTS\1102-01d Dixie Hwy Swk 8th St to SR 60.LAP\Admim\bid documents\Master Contract Documents\00100 - Advertisement for Bids REV 04-07.doc I