The Bidder to whom the award is made shall execute the Contract and furnish both the Performance Bond and the Labor and Material Payment Bond along with the Certificate of Insurance required by the Contract Documents and shall deliver the same to the City Project Manager within ten (10) days after the City has mailed the Notice of Award to said Bidder that the Contract has been awarded to the Bidder. Failure or refusal of the successful Bidder to execute the Contract and return the same to the City within said ten (10) days shall result in the forfeiture of the Bidder's cash deposit, check, or Bidder's bond to the City as liquidated damages. No Bid shall be considered binding upon the City until the execution of the Contract by the City. Each Bid must be accompanied by a certified or cashier's check made payable to the City of Santa Monica, or a Bidder's bond (using the form provided in the Bid Form) for an amount equal to at least ten percent (10%) of the amount bid as a guarantee that the Bidder will enter into a contract with the City. Bid bonds (or cashier's checks) must be scanned and uploaded into ProcureNow. Within ten (10) Days after the issuance of the Notice of Award and prior to commencing Work on the Project, Contractor shall file with City good and sufficient Labor & Material Payment and Performance Bonds each in the amount of 100% of the Contract Sum. The bonds shall be signed by both Contractor and Surety and properly notarized on the City's provided forms or such other forms as required by City. Should any bond required hereunder or any surety on such bond become or be determined by City to be insufficient, it shall be replaced within ten (10) Days by a bond that fully complies with the requirements of Article 11.2 (Bond Requirements) of the City's General Conditions. No further payments to Contractor for Work performed shall be made or due until Contractor has fully complied with all the requirements. Mandatory Pre-bid Job Walk: Not Required
Contract Days: 210 Calendar Days Liquidated Damages: $1,000 Contact with unauthorized City personnel during the selection process may result in disqualification. Tom Shahbazi Civil Engineer 1685 Main Street Santa Monica, CA 90401 Email: tom.shahbazi@santamonica.gov Phone: (310) 458-8721 Ext: 2355 Department: Engineering & Street Services Department Head: Alex Nazarchuk City Engineer Question Submission Deadline: April 11, 2022, 3:00pm Bids may be rejected if they show any alteration in form, additions not called for, conditions or alternative Bids, incomplete Bids or irregularities. The City reserves the right to reject any and all Bids.
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