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Contract Terms and Conditions 222209954,0 2.2. Basis for Award (Overall Low) Award will be made to the lowest, responsive and responsible Bidder meeting Specifications. Award will be made to a single Bidder for all line items. If a Bidder fails to submit an Offer on all line items, then that Bidder is not eligible for award. 2.3. Bonds 2.3.1. Bid Bond If Bidder/Proposer is required to submit a Bid Bond for this procurement, then either a certified check, a cashier's check, an irrevocable letter of credit or, in the alternative, a submission of a Bid Bond completed and signed by all required parties and submitted in the format detailed by the Bid Bond page (attached to this Solicitation Document) shall be required to accompany each Offer in the dollar amount set forth within the Solicitation Document. a) A cony of the Bid Bond or irrevocable letter of credit must be electronically attached to the Bidder's/Proposer's Offer if said Offer has been submitted to the County electronically. The original Bid Bond or irrevocable letter of credit must be delivered to the Procurement Services Department no later than five (5) Business Days after the Close Date. Please be advised that the original Bid Bond or irrevocable letter of credit must be the same as (i.e. the original of) the copy of the Bid Bond or letter of credit electronically attached to the Offer and cannot deviate from or be different from the copy attached to the electronic bid in any way. b) Original documents of certified checks and cashier's checks must be delivered to the Procurement Services Department no later than the Close Date. c) Any submitted certified check or irrevocable letter of credit shall be drawn on a solvent bank or trust company to the order of Hillsborough County Board of County Commissioners, and shall have all necessary documentary revenue stamps attached, if required by law. d) Surety on Bid Bonds shall be authorized to do business in the State of Florida. e) All Bid Bonds shall be issued or countersigned by an authorized agent, with satisfactory evidence of the authority of the person or persons executing such bonds. f) Personal checks, business checks and cash deposits are not acceptable. 2.3.2. Earnest Money Deposit/Bid Bonds and Other Bid Securities i) An Earnest Money Deposit/Bid Bond or other security is required with this Bid. Either a certified check, a cashier's check, treasurer's check, or a bank draft drawn on any national or state licensed financial institution or, in the alternative, an Earnest Money Deposit completed and signed by all required parties and submitted in the format detailed in the attachment, shall be required to accompany each Bid Proposal in a stated dollar amount which equals not less than five percent (5%) of the sum of the computed total amount of the Bidder's Bid Proposal. ii) If the Bid will be awarded at a stated dollar amount, the Earnest Money Deposit or other security must be in an amount of five percent (50/6) of the stated award amount, regardless of the Bid prices received. iii) Any submitted certified check, cashier's check, treasurer's check, or bank draft shall be drawn on a solvent bank or trust company authorized to do business in Florida, payable to the order of Hillsborough County Board of County Commissioners, and shall have all necessary documentary revenue stamps attached, if required by law. iv) Sureties on Earnest Money Deposits shall be companies authorized to do business in the State of Florida and satisfactory evidence of the authority of the person or persons executing such Bid Bonds shall be submitted with the Hillsborough County Board of County Commissioners Page 27 of 61