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JUN 24 '94 03:43PM FM FRn TR1.ONE P.4/4 <br />The final amount of the contract shall be determined by multiplying the final measured <br />quantities of the varietal items actually constructed and installed by the unit prices therefor, <br />in the manner prescribed in the speclfications. However, the low bidder shall be determined <br />by adding the sums resulting from multiplying the quantities stated by the unit prices bid <br />therefor. <br />Accompanying this bid is a bidder's bond, certified check or cash deposit in the amount of <br />S , which b at teat five percent (S9b) of the amount of <br />my /our bid made payable to the Owner, and the same is subject to forfeiture in the event <br />of defauh on the part of the undersigned or failure on the part of the undersigned to <br />execute the preacrlbcd contract and bond within fifteen (15) days after its submittal to <br />me/us. <br />In submitting this bid it is understood that the Owner retains the right to :eject any and all <br />bids and to waive irregularities gad informalities therein and to award the contract to the <br />best interests of the Owner, <br />In submitting this bid, it is understood that payment will be by cash or check. <br />It is understood that bids may not be withdrawn for a period of 45 days after the date and <br />time set for the opening of bids, It is understood that the Owner reserves the right to retain <br />the certified cheek or bond of the three lowest bidders as deterdtbted by the Owner for a <br />period not to exceed 45 days after the date sat for the opening of bids. <br />STEVE RAVEL <br />Signor <br />ESTIMATOR <br />(ACcremation) <br />del) <br />Tar <br />rM FRATTALONE EXCAVATING & GRADING, INC. <br />Printed Nama of 31sner <br />P.] <br />'3£6d 1 DOHATAN08 ttct ago are <br />r...♦ ....... <br />'3SStl 2 00211S3N09 Page 53 STET 9£9 Zt9 99:90 t'66T -9Z -90 <br />