3. The contract duration for the Supplier to furnish and deliver to the site is one (1) year from the date of the Notice to Proceed. Furthermore, the Supplier is to coordinate with the Town and its representatives for delivery to the location specified on a date between February 1, 2023 and August 31, 2023. Each bid shall be accompanied by a bid security in the amount of 5 percent of the Bid. The Bid Security shall be in the form of a bid bond or certified treasurer's or cashier's check. 8. Successful bidder must furnish 100 percent Performance Bond and 100 percent Payment Bond. 9. Every bid bond, every performance bond and every payment bond issued shall be the bond of a surety company organized pursuant to Section 105 of Chapter 175 or a surety company authorized to do business in the Commonwealth under the provisions of Section 106 of said Chapter 175 and be approved by the U.S. Department of Treasury and acceptable as sureties and reinsurers on federal bonds under title 31 of the United States Code, Sections 9304 to 9308. 10. No bidder may withdraw his bid within 30 days (Saturdays, Sundays and legal holidays excluded) after the actual date of the opening thereof. 11. Each bid shall be accompanied by a reference list as evidence of his/her qualifications to perform the work, refer to Section 00100 Instructions to Bidders and Section 00300 Bid Form. 12. Materials and supplies used or incorporated in the performance of this contract are exempt from sales and use tax. 13. The Town reserves the right to waive any informality or to reject any and all bids. A bid which includes, for any item, a unit cost that is abnormally low or high may be rejected as unbalanced. The right is also reserved to accept any bid deemed to be best for the interest of the Town of Canton, Massachusetts Public Works Department.
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