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INSTRUCTION TO BIDDERS <br />Bidders are required to submit their bids in accordance with the following <br />conditions: <br />PROPOSAL <br />The bidder shall submit his proposal on forms as furnish d in these <br />specifications. only proposals which are autnitted on the original form <br />attached hereto will be considered. <br />The City reserves the right to reject any or all proposals and to waive <br />irregularities and informaliti=s therein and further reserves the right to <br />award the contract in ?.ts best interests. The bidder may view past copies of <br />the newsletter upon request. <br />BID SECURITY <br />No proposals shall be considered unless aceonpanied by a cash deposit and/or <br />certified check in the amount of five percent ( 5%) of the tendered bid. All <br />forms of bid guarantee shall be made payable to the City of Mounds View. <br />The bid guarantees of unsuccessful bidders will be returned following action <br />by the City on the award of the contract, and to the successful bidder upon <br />execution of the contract. In case the successful bidder fails to execute <br />such contract within ten (10) days after the date of the award, the amount of <br />his bid guarantee shall be forfeited to the City of Mounds View as liquidated <br />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 determining <br />factor it making the award. <br />PAYMFNr <br />Payment In full, for the publication received, shall be made by the City <br />within thirty (3C) days of completion of each of the six publications, <br />acceptance by the City and receipt of itemized billing from the vender. <br />Billing shall be made on a per pace cost. <br />