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7.5 Failure on the part of the successfiil bidder to execute a contract within fifteen (15) days <br />after the notice of acceptance shall be just cause for annulment of award. The OWNER may then <br />accept the bid of the next best evaluated bid or re -advertise for bid. <br />7.6 If the bid of the next bidder is accepted, this acceptance shall bind such bidder as though he <br />were the original successful bidder. <br />8.0 ACCEPTANCE OF OFFER <br />8.1 The signed bid shall be considered an offer on the part of the bidder; such offer shall be . <br />deemed accepted upon completion of all steps in the purchasing process and issuance by the <br />County of a contractual document. <br />9A PERFORMANCE <br />9.1 All material and parts 'ordered for this project shall be bid F.O.B. Destination, at the job <br />site. <br />9.2 The performance time may be a factor in the evaluation of the bid. The performance time <br />shall be defined as the anticipated time period expected to elapse between receipt of the purchase <br />order or execution of the contract and completion of the work. It is to be emphasized that the <br />meeting of specifiedperformance schedules is a significant part of ability to perform and that <br />failure to meet such schedule may result in termination of the contract and will surely be <br />considered in the evaluation of future bids. <br />10.0 ADDENDA <br />I 0 Addenda issued by OWNER prior to the bid opening shall be binding as if written into the <br />specifications. Bidders shall acknowledge receipt of the same as indicated on the bid form. <br />5 <br />