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INSTRUCTION TO BIDDERS <br />Bidders are required to submit their bids in accordance with <br />the following conditions: <br />PROPOSAL <br />The bidder shall submit his proposal on forms as furnished in <br />these specifications. Only proposals which are submitted on <br />the original form attached hereto will be considered. <br />The City reserves the right to reject any or all proposals and <br />to waive irregularities and informalities therein and further <br />reserves the right to award the contract in its best interests. <br />The bidder may view past copies of the newsletter upon request. <br />BID SECURITY <br />No proposals shall be considered unless accompanied by a cash <br />deposit, certified check or bid bond in the amount of five per- <br />cent (5%) of the tendered bid. All forms of bid guarantee shall <br />be made payable to the City of Mounds View. <br />The bid guarantee of unsuccessful bidders will be returned following <br />action by the City on the award of the contract, and to the success- <br />ful bidder upon execution of contract. In case the successful bidder <br />fails to execute such contract within ten (10) days after the date <br />of the award, the amount of his bid guarantee shall be forfeited to <br />the City of Mounds View as liquidated damages. <br />NET BID <br />Net bid shall be for furnishing the units as specified. <br />DELIVERY <br />The number of days necessary to complete publication will be a <br />determining factor in making the award. <br />PAYMENT <br />Payment in full, for the publication received, shall be made by the <br />City within thirty (30) days of completion of each of the six publi- <br />cations, acceptance by the City and receipt of itemized billing from <br />the vendor. Billing shall be made on a per page cost. <br />J <br />