Each bidder shall accompany his/her bid with a certified check, cashier's check or bid bond equal to five percent (5%) of the bid as a guaranty or an irrevocable letter of credit containing such terms as may be prescribed by the Office of Public Affairs issued by a financial institution insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation for the benefit of the state, on behalf of the City of Del City, an amount equal to five percent (5%) of the bid. Bidder must agree to begin work within ten (10) days from date of issue of contract and to complete all projects within ninety (90) calendar days. The successful Contractor shall submit the following documents within ten (10) working days after award of Contract, duly executed: 1. Maintenance Bond - Two (2) years 2. Performance Bond 3. Statutory Bond 4. Insurance Certifications The Contracting Entity reserves the right to make award(s) by individual item, group of items, all or none, or any combination thereof; on a geographical bases and/or on a statewide basis with one (1) or more suppliers; to reject any and all bids or waive any minor irregularity or technicality in bids received. Bidders are cautioned to make no assumptions unless their bid has been evaluated as being responsive. The Contracting Entity reserves the right to delete any item from this contract when deemed to be in the best interest of the Contracting Entity. The Contracting Entity reserves the right to inspect the bidder's facilities at any time with prior notice. The Contracting Entity reserves the right to waive any General provisions, Special Provision, or minor specification deviation when considered to be in the best interest of the Contracting Entity
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