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IRC -1505 <br />of Florida. Bid Security must be in the sum of not less than Five Percent (5%) of the total amount <br />of the bid, made payable to Indian River County Board of County Commissioners. In the event <br />the Contract is awarded to the Bidder, Bidder will enter in a Contract with the County and furnish <br />the required 100% Public Construction Bond and certificates of insurance within the timeframe <br />set by the County. If Bidder fails to do so, the Bid Security shall be retained by the County as <br />liquidated damages and not as penalty. <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 or in <br />part with or without cause/or to accept the bid that, in its judgement, will serve the best interest of <br />Indian River County, Florida. The County will not reimburse any Bidder for bid preparation costs. <br />A MANDATORY Pre -Bid Conference will be held on Wednesday, January 13, 2021 at 10:00 <br />A.M., in the first -floor conference room of the Indian River County Administration Building located <br />at 1801 27th Street, Vero Beach, Florida,'32960. ATTENDANCE AT THIS CONFERENCE IS <br />REQUIRED. No bidder arriving after the meeting has begun will be allowed to sign in. <br />INDIAN RIVER COUNTY <br />By: Jennifer Hyde <br />Purchasing Manager <br />For Publication in the Indian River Press Journal <br />Date: 12-20-2020 and 12-27-2020 , <br />For: Indian River 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 />Advertisement for Bids - 00100 - 2 <br />FAPublic Warks\ENGINEERING DIVISION PROJECTS\1505-66th Ave Widening_49th St to 69th St\1-Admin\Bid Documents\Master Contract Documents\DIV 0 1 Bidding <br />Documents.docx <br />