Shelbina Tank Mixing System Installation. Each Bid Must Be Accompanied by a Bid Bond Payable to the Owner for Five Percent of the Total Amount of the Bid. A Certified Check May Be Used in Lieu of a Bid Bond. A Performance Bond and a Payment Bond Each in the Amount of 100 Percent of the Contract Price, With a Corporate Surety Approved by the Owner, Will Be Required for the Faithful Performance of the Contract. Bidder Hereby Agrees to Commence Work Under This Contract on or After a Date to Be Specified in the Notice to Proceed and to Fully Complete the Project for All Parts of the Entire Project by October 31, 2024, and Within a Period of 45 Consecutive Calendar Days After Work Began. The Shipping Charge Amount Will Depend on the Shipping Method Selected by the Prospective Bidder. The Date That the Bidding Documents Are Transmitted by Ads Will Be Considered the Bidder's Date of Receipt of the Bidding Documents. Partial Sets of Bidding Documents Will Not Be Available From Ads. Neither Owner Nor Engineer Will Be Responsible for Full or Partial Sets of Bidding Documents, Including Addenda if Any, Obtained From Sources Other Than Ads. Bidder Further Agrees to Pay as Liquidated Damages, the Sum of $500 for Each Consecutive Calendar Day Thereafter as Provided in Section 15 of the General Conditions. The Owner Upon Receipt of an Acceptable Performance Bond, Payment Bond, Certificate of Insurance, and Agreement Signed by the Party to Whom the Agreement Was Awarded, Shall Within a Reasonable Period of Time Sign the Agreement and Return to Such Party an Executed Duplicate of the Agreement. The Owner Upon Signing the Agreement and Within a Reasonable Period of Time Shall Issue the Notice to Proceed. This includes awarding one part of the bid and rejecting another or any combination thereof. Any combination of base bid items or alternate bid items may be used to determine low bidder. Alternate bid items will be good for the life of the contract.
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