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Suppliers , and other individuals or entities must be submitted as provided in the Supplementary <br /> Conditions . <br /> 19. 05 OWNER may conduct such investigations as OWNER deems necessary to establish the <br /> responsibility , qualifications, and financial ability of Bidders , proposed Subcontractors, Suppliers, <br /> individuals, or entities to perform the Work in accordance with the Contract Documents. <br /> 19. 06 If the Contract is to be awarded , OWNER will award the Contract to the Bidder whose Bid <br /> is in the best interests of the Project. <br /> ARTICLE 20 - CONTRACT SECURITY AND INSURANCE <br /> 20. 01 Article 5 of the General Conditions, as may be modified by the Supplementary Conditions, <br /> sets forth OWNER's requirements as to performance and payment Bonds and insurance. When <br /> the Successful Bidder delivers the executed Agreement to OWNER, it must be accompanied by <br /> such Bonds , unless the Bonds have been waived due to the total contract being less than <br /> $50,000. <br /> ARTICLE 21 - SIGNING OF AGREEMENT <br /> 21 .01 When OWNER gives a Notice of Award to the Successful Bidder, it shall be accompanied <br /> by the required number of unsigned counterparts of the Agreement with the other Contract <br /> Documents which are identified in the Agreement as attached thereto. Within fifteen ( 15) days <br /> thereafter, Successful Bidder shall sign and deliver the required number of counterparts of the <br /> Agreement and attached documents to OWNER. <br /> 21 .02 OWNER shall return one fully signed counterpart to Successful Bidder. <br /> 21 . 03 Should Bidder to whom the Contract has been awarded refuse or fail to complete the <br /> requirements of Article 21 . 01 above , the additional time in calendar days , required to correctly <br /> complete the documents will be deducted , in equal amount, from the Contract time. Or, the <br /> OWNER may elect to revoke the Award and the OWNER shall hold the Bid Bond for <br /> consequential damages incurred , and the Contract may be awarded as the OWNER desires. <br /> * * END OF SECTION * ar <br /> 00200 - Instructions to Bidders REV 04-07 <br /> 00200 - 10 <br /> F:tEngineennglCapital Projects19920-16th St, 74th Ave to 66th Ave\9920 Contract Documents & Specs\00200 - Instructions to &riders REV 04-07 doc Rev. 05101 <br />