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Representative, or more frequently as required by work progress, to review progress, discuss problems and their solutions and coordinate future work with all subcontractors. (4) Solicitation of Bids (a) Without assuming responsibilities of the Architect -Engineer, the Contractor shall prepare invitations for bids, or requests for proposal when applicable, for all procurement of long lead items, materials and services, for subcontractor contracts and for site utilities. Such invitations for bids shall be prepared in accordance with the following guidelines. 1. Contracts not exceeding $10,000 may be entered into by the Contractor with the firm who submits the lowest verbal quotation. The Contractor shall obtain a minimum of two (2) verbal quotations. These quotations shall be entered on a bid tabulation sheet and a copy of such tabulation sent to the Owner & Architect -Engineer. The successful quotation shall be confirmed by written contract or purchase order to the low bid firm defining the scope and quality of work to be provided. 2. Contracts exceeding $10,000 but not exceeding $200,000 may be entered into by the Contractor with the firm who is qualified and submits the lowest responsive proposal. The Contractor shall request firms to submit scaled written proposals based on a written drawing and/or specification. A tabulation of the results shall be furnished to the Owner & Architect -Engineer. 3. Contracts exceeding $200,000 but not exceeding $500,000 may be entered into by the Contractor with the firm who is qualified and submits the lowest responsive proposal. The Contractor shall advertise these projects at least once with the last advertisement appearing at least twenty-one (2 1) calendar days prior to the established bid date. These proposals shall be based on approved plans and specifications. 4. Contracts exceeding $500,000 shall be treated the same as described under 113 above except that the advertisement shall be run for at least thirty (30) days prior to the established bid and at least five (5) days prior to any scheduled pre-bid conference. (b) As part of such preparation, the Contractor shall review the Specifications and Drawings prepared by the Architect -Engineer. Ambiguities, conflicts or lack of clarity of language, use of illegally restrictive requirements, and any other defects in the Specifications or in the Drawings noted by the Contractor shall be brought to the attention of the Project Manager and Architect -Engineer in written form. (c) For each separate construction contract exceeding $25,000, the Contractor may conduct a pre-bid conference with prospective bidders, the Architect -Engineer and Project Manager. In the event questions are raised which require an interpretation of the bidding documents or otherwise indicate a need for clarification or correction of the invitation, the Contractor shall transmit these to the Architect -Engineer and upon receiving clarification or correction in writing shall prepare an addendum to the bidding document, and issue same to all of the prospective bidders. (d) For all contracts exceeding $25,000, the Contractor may establish a pre -qualification procedure for applicable subcontract trades. (5) Bgnja In accordance with the provisions of Section 255.05, Florida Statutes, the Contractor shall provide to the Owner, on forms furnished by the Owner, a 125% Performance Bond and a 100% Labor and Material Payment Bond each in an amount not less that the total Construction Cost as defined in Article 9 and inclusive of the Contractor's fees. To be acceptable to Indian River County as Surety for Performance Bonds and Labor and Material Payment Bonds, a Surety Company shall comply with the following provisions: The Surety Company shall have a currently valid Certificate of Authority, issued by the state of Florida, Department of Insurance, authorizing it to write surety bonds in the state of Florida. The Surety Company shall have a currently valid Certificate of Authority issued by the United States Department of Treasury under Sections 9304 to 9308 of Title 31 of the United States Code. The Surety Company shall he in full compliance with the provisions of the Florida Insurance Code. 10