CC PACKET 10271987 - Laserfiche WebLink

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RCM-871015. COMPLETION TIME LI UIDA1 ED DAMAGES S .:1 If this Bid .Proposal is-.accepted and_ contract awarded, the Bidder agrees to :the following completion times based: upon the.-Notice to Proceed, all subject to the provisions of the Contract Documents. The project shall be fully complete, except painting, by April 1, 1988 and ready for final acceptance by.May 1, 1988. Failure to meet either of these dates will result in liquidated damages of $100 per calendar day. Refer to Section 01010 for further explanation of these requirements. AWARD OF CONTRACT The award of the Contract will be made to the lowest responsive, responsible Bidder,'based on the Bid Proposal Form with the lowest TOTAL BID PRICE. This Bid Proposal Form is submitted after careful study of the Contract Drawings and Project Manual and from personal knowledge of the conditions to be encountered at the project site, which knowledge was, obtained from the undersigned's own sources of information and not from any official or employee of the Village of St. Anthony, Minnesota. By submission of this Bid Proposal Form, the Bidder certifies, and in the case of a joint Bid Proposal Form each party thereto certifies, that this Bid Proposal Form has been arrived at independently, without consultation, communication, or agreement as to any matter relating to this Bid Proposal Form with any other Bidder or with any competitor. If a discrepancy appears between the written and the numerical, the written words will . be used as the quoted price. . If an error appears in- an extension or the addition of items, the corrected extension or total of the parts shall govern. It is understood and agreed that a Bid Proposal Form cannot be withdrawn within forty-five (45) days without the consent of the Village of St. Anthony, Minnesota and that the said Village has the right to accept or reject any or all Bid Proposal Forms and to waive any irregularities, and informalities. BID SECURITY Accompanying this Bid Proposal Form is a cashier's check, cash deposit, or bidder's bond in the amount of: Dollars which is 5% of the bid amount and is drawn to the order of the Village of St. Anthony with the understanding that if this Bid Proposal Form is accepted and the undersigned refuses, fails or neglects to execute a contract and furnish said bonds and insurance documents within ten (10) days of date of acceptance, said bid security shall be liquidated damages occasioned by such failure and thereupon said City shall realize said bid security and use the proceeds in payment of incurred i damages and upon further understanding that said bid security will be promptly returned upon the rejection of this Bid Proposal Form. 00300-2