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(5%) of the total amount of the bid, made payable to Indian River County Board of County <br />Commissioners. In the event the Contract is awarded to the Bidder, Bidder will enter in a <br />Contract with the County and furnish the required 100% Public Construction Bond within the <br />timeframe set by the County. If Bidder fails to do so, the Bid Security shall be retained by the <br />County as liquidated damages and not as penalty <br />The County reserves the right to delay awarding of the Contract for a period of ninety (90) days <br />after the bid opening, to waive informalities in any bid, or reject any or all bids in whole or in part <br />with or without cause/or to accept the bid that, in its judgement, will serve the best interest of <br />Indian River County, Florida. The County will not reimburse any Bidder for bid preparation <br />costs. <br />INDIAN RIVER COUNTY <br />By: Jennifer Hyde <br />Purchasing Manager <br />For Publication in the Indian River Press Journal <br />Date: April 26, 2015 and May 3, 2015 <br />For: Indian River Press Journal <br />Please furnish tear sheet and Affidavit of Publication to: <br />INDIAN RIVER COUNTY <br />PURCHASING DIVISION <br />1800 27th Street <br />Building "B" <br />Vero Beach, FL 32960 <br />* * END OF SECTION * * <br />00100 - Advertisement for Bids REV 04-07 <br />00100 - 2 <br />F:\Public Works \ENGINEERING DIVISION PROJECTS11317-85th St Milling_91st Ave to 101st Ave1Admin \bid documentsWaster Contract Documents100100 - Advertisement <br />for Bids REV 04-07.doc <br />