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71 <br />O <br />identity of Subcontractors and other persons and organizations must be submitted as <br />provided in the Supplementary Conditions. Operating costs, maintenance considera- <br />tions, performance data and guarantees of materials and equipment may also be <br />considered by Owner. <br />17.4 Owner may conduct such investigations as he deems necessary to assist in the <br />evaluation of any Bid and to establish the responsibility, qualifications and financial <br />ability of the Bidders, proposed Subcontractors and other persons and organizations <br />to do the Work in accordance with the Contract Documents to Owner's satisfaction <br />within the prescribed time. <br />17.5 Owner reserves the right to reject the Bid of any Bidder who does not pass any such <br />evaluation to Owner's satisfaction. <br />17.6 If the contract is to be awarded, it will be awarded to the lowest responsive, <br />responsible Bidder on the basis of the Total Base Bid. <br />17.7 If the contract is to be awarded, Owner will give the Successful Bidder a Notice of <br />Award within sixty (60) days after the day of the Bid opening. <br />18. Performance and Other Bonds <br />Paragraph 5.1 of the General Conditions and the Supplementary Conditions set forth Owner's <br />requirements as to performance and other Bonds. When the Successful Bidder delivers the <br />executed Agreement to Owner it shall be accompanied by the required Contract Security. <br />19. Interpretation of the Approximate Quantities <br />The Bidder's attention is called to the fact that any estimate of quantities of work to be done <br />and materials to be furnished under the Specifications as shown on the Bid Schedule, or <br />elsewhere, is approximate only and not guaranteed. The Owner does not assume any <br />responsibility that the final quantities shall remain in strict accordance with the estimated <br />quantities, nor shall the Contractor plead misunderstanding or deception because of such <br />estimate of quantities or of the character, location of the work, or other conditions pertaining <br />thereto. <br />20. Execution of Contract <br />The Bidder to whom the Contract is awarded shall, within ten (10) days of the Notice of <br />Award, execute and deliver five (5) copies of the following to the Engineer: <br />a. Agreement <br />b. Performance Bond (Recorded at County Courthouse) <br />c. Payment Bond (Recorded at County Courthouse) <br />INSTRUCTION TO BIDDERS <br />IB -7 <br />