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7.3. SR 05-02-1994
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7.3. SR 05-02-1994
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City Government
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SR
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5/2/1994
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<br />e <br /> <br />e <br /> <br />e <br /> <br />B. Alternates <br />This Base Bid Proposal may be modified in accordance with ,such <br />of the following Alternate Proposals as may be selected. In <br />the parentheses before each dollar amount mark -Add,. <br />-Deduct,. as the case may be, or -No Change- if the Alternate <br />Pr.oposal does not change the Contract Sum i'f it is accepted. <br /> <br />1. Alternate A: Contractors Purchase of Property Insurance <br /> <br />Dollars $ <br /> <br />2. Alternate B: Provide 32 oz. Carpet as specified in Saction <br /> 09688. <br /> Dollars $ <br />3 . Alternate C: Provide 28 oz Carpet as specified in Section <br /> 09688. <br /> <br />Dollars $ <br /> <br />B. We have included herewith, the Bid Security as required' by the <br />Instructions to Bidders. <br /> <br />3. <br /> <br />ACCEPTANCE <br /> <br />A. This offer shall be opep to acceptance and is irrevocable for <br />'thirty (30) days from the Bid closing date. <br /> <br />B. If this Bid is accepted by the Owner within the time period <br />stated abOve, the undersigned will furnish the required bonds <br />and insurance coverages Qnd e~ecute,the Contract within seven <br />(7) days of receipt of acceptance of this Bid. <br /> <br />C. If thio Bid i3 o.ccepted within the time stated, and Lh4i <br />undersigned fails to commence the Work or fails to provide the <br />required Bond(s), the "Bid Security shall be forfeited, not as <br />~ penQlty, but as liquidated damages to Lhe Owner by reason of <br />our failure, limdted in amount to the lesser of the face value <br />of the Bid Security or the difference between this Bid and the <br />Bid upon which the Conl~~ct is signed. <br /> <br />D. In the event the undersigned's Bid is not accepted within the <br />time :steated above, lht! required !Sid Security shall be returned <br />to the undersigned, in accordance with the provisions of the <br />Instructions to Bi~der~. <br /> <br />4. <br /> <br />CONTRACT TIME <br /> <br />A. The Work of this Contrace shall commence upon Notice to <br />Proceed. The Work shall be Substantially Complete by October <br />31,1994. <br /> <br />~LK RIVER LIBRARY EXPANSION <br />BID FORM <br /> <br />00300 <br /> <br />2 <br />
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