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B/1 <br />�%V 1. <br />MI <br />2. <br />INSTRUCT20014S TO BIDDERS <br />Bid Forms. <br />All bids must be submitted on forms furnished by the City and shall <br />be subject to all requirements of the Specifications, including the <br />Drawings and this Instructions to Bidders. Only originals shall be <br />submitted. Bid documents shall be sealed in an envelope and clearly <br />labeled with the words "Bid Documents", the subject of the bid, the <br />project name, the date and time of opening, and the name and address <br />of the bidder. <br />Interpretation and Addenda. <br />All interpretations shall be in writing in the form of Addenda and <br />all bidders shall be bound by such Addenda, whether or not received. <br />No Addenda will be issued later than (5) days prior to the date of <br />bid opening. Responsibility for obtaining Addenda lies with the <br />bidder. <br />3. Bid Guaranty. <br />Each bid must be accompanied by a bid guaranty which shall not be <br />less than 107o of the amount bid. 'At the option of the bidder, the <br />guaranty may be a bid bond, a certified check, or a bank draft. No <br />bid will be considered unless it is accompanied by the required <br />guaranty. The bid guaranty shall insure the execution of the con- <br />tract and the furnishing of performance and payment bond by the <br />successful bidder all as required by the Specifications. Certified <br />checks or bank drafts, or the amount thereof, will be returned as <br />soon as practicable after the opening of bids. <br />4. Statement of Bidder's Qualifications. <br />Lefore a bid is considered for award, the bidder may be requested <br />by the City to submit a statement regarding his previous experience <br />in performing comparable work, his business and technical organiza- <br />tion, and financial resources. <br />5. Opening of Bids. <br />At the time and place fixed for the opening of bids, every bid <br />received within the time fixed for receiving bids will be opened <br />and publicly read aloud, irrespective of any irregularities therein. <br />'Bidders and other persons properly interested may be Dresent, in <br />person or by.representative... <br />6. Award of Contract, Re iectio;1 of Bids* <br />The Contract will be awarded to the responsible bidder submitting <br />the lowest bid complying with the conditions of the Invitation to <br />