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Bidder to whom the Contract is awarded shall execute and deliver the <br />Contract to the Owner. Payment Bond 100% of the Bid and Performance <br />Bond for 100% of the Bid shall have been furnished, executed, and <br />delivered before the Contract will be executed by the Owner, together with <br />the required Certificate of Insurance. <br />15.9 Failure upon the part of the Bidder to whom the Contract has been <br />awarded to execute and deliver the Contract / Insurance and the Payment <br />and Performance Bonds in the manner and within the time provided shall <br />be just cause for annulment of the award and for the exclusion of the <br />Bidder from bidding on subsequent projects, at the Owner's discretion. It <br />is understood and agreed by said Bidder, that if the award is annulled for <br />the above reasons, the certified check or Bid Bond shall become the <br />property of the Owner, not as a penalty, but as liquidated damages. <br />16. CONTRACT SECURITY <br />Paragraph 5.01 of the General Conditions and the Supplementary Conditions set <br />forth Owner's requirements as to Performance and Payment Bonds. When the <br />Successful Bidder delivers the executed Agreement to Owner, it must be <br />accompanied by the required Performance and Payment Bonds. <br />The Performance Bond shall contain a specific provision that liquidated damages <br />are covered by the Performance Bond. <br />17.0 PUBLIC DISCLOSURE STATEMENT <br />Any entity entering into a contract with Indian River County as Owner shall <br />disclose any relationship that may exist between the contracting entity and an <br />Indian River County Commissioner or Indian River County employee. The <br />relationship with either must be disclosed as follows: Father, mother, son <br />daughter, brother, sister, uncle, aunt, first cousin, nephew, niece, husband, wife, <br />father-in-law, mother-in-law, daughter-in-law, son-in-law, brother-in-law, sister-in- <br />law, stepfather, stepmother, stepson, stepdaughter, stepbrother, half brother, half <br />sister, grandparent, or grandchild. The term "affiliate" includes those officers, <br />directors, executives, partners, shareholders, employees, members, and agents <br />who are active in the management of the entity. <br />18. FLORIDA PRODUCED LUMBER <br />The selected Bidder as Contractor Manager agrees to comply with the provisions <br />of Section 255.20, Florida Statutes, as such statute may be amended from time <br />to time, wherein Indian River County as Owner must specify lumber, timber and <br />other forest products produced and manufactured in Florida whenever such <br />products are available and their price, fitness and quality are equal. <br />19. SIGNING OF AGREEMENT <br />When Owner gives Notice of Award to the Successful Bidder, it will be <br />00100 Instruction To Bidders.doc <br />11DR114111., <br />J:WT-02912 Inch WM -Vero Lake Esntesl0ocumenns Rep rh;l ding Contract specigcations=I W Instmction To Bidders.doc <br />