Laserfiche WebLink
The Bid security of other Bidders whom Owner believes to have a <br />reasonable chance of receiving the award may be retained by the Owner <br />until the earlier of the seventh day after the effective date of the <br />Agreement or the sixty-first day after the Bid opening, whereupon Bid <br />security fumishcd by such Bidders will be retumcd. Bid security with bids <br />which arc not competitive may be rctumcd before the end of the sixty-day <br />period. <br />7. CONTRACT TIME <br />The number of days within which, or dates by which, the work is to be substantially <br />completed and a lso complete and ready for final payment (the Contract T ime) are set <br />forth in the Bid Forni and the Agreement. <br />8. LIQUlDATED DAMAGES <br />Provisions for liquidated damages, if any, arc set forth in the Agreement. <br />9. 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 Speci fications without consideration of possible substitute or <br />"or equal" items. Whenever it is indicated in the Drawings or specified in the <br />Specifications that a substit ute or "or equal" item of material or equipment may be <br />furnished or used by Contractor if acceptable to Engineer, application for such acceptance <br />w ill not be considered by Engineer unti l after the Effective Date of the Agreement. The <br />procedure for submission of any such application by Contractor and consideration by <br />Engineer is set forth in Paragraphs 6.7.1, 6.7.2, and 6.7.3 of the General Conditions and <br />may be supplemented in the General Requirements . <br />10. BID FORM <br />I 0.1 The Bid Fonn is included w ith the Bidding Documents; additional copies <br />may be obtained from Engineer (or the issuing office). <br />10.2 All blanks on the Bid Forrn must be completed in ink or by typewriter. <br />I 0.3 Bids by corporati ons must be executed in the corporate name by the <br />president or a vice president (or other corporate officer accompanied by <br />evidence of authority to sign) and the corporate seal must be affixed and <br />attested by the secre tary or an assistant secretary. The corporate address <br />and state of incorporation must be shown below the signature. <br />00100 S