2004-03-22 Regular Meeting, Public Hearing and Workshop Meeting Minutes

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City of La Porte Public Work's Metal Building (4) Sign in longhand below the typed name of the person authorized to bind the bidder to a contract. When the bidder is a corporation, the bid must be signed with the legal name of the corporation followed by the name of the state of incorporation and the legal signature of a person authorized to bind the corporation to a contract. (c) Alternatives - Bidder shall bid Alternatives separately. (d) Bid Security (1) Include with the bid a cashier's check, certified check, or a bid bond for 5 percent of the base bid amount. Make checks payable to the City of La Porte, Texas. Bid bonds must be executed by the bidder and a surety company which meet requirements of the conditions of the contract. (2) The successful bidder's security will be retained until he has signed the agreement, furnished the required performance and payment bonds, and submitted any other required contract forms. The bid security will be forfeited to the City by the successful bidder as damages for default if the bidder fails to execute and deliver a contract and bonds as required. (3) The City reserves the right to retain the security of the next two lowest bidders until the successful bidder enters into the contract or until 90 days after bid opening has passed. All other bid securities will be returned within 15 days of bid opening. (e) Modification or Withdrawal . Bids may be modified or withdrawn by a written request duly executed and delivered to the person who holds the bid at any time prior to the opening of Bids. Bids may not be withdrawn or modified after bid opening time unless the award of the contract has been delayed more than 60 days. (f) ~ualification Information - As stated in the previous section. (g) Trench Safety System - Contractor shall submit with his bid a certified statement of his safety record over the past five (5) years. 4.0 CONTRACT REQUIREMENTS (a) Award of Contract - Unless all bids are rejected, the Owner will award the Contract as promptly as possible, consistent with the time required for a thorough analysis of the bids submitted. However, the Owner reserves the right to delay award for sixty (60) days after receipt of bids. If no award is made within sixty (60) days after receipt of bids, a bidder may withdraw his bid without prejudice to himself by submitting a written request for its withdrawal to the person who holds the bid. The Contract will be awarded on the basis of all factors that are available to be judged by the Owner and deemed by the Owner to be of the greatest advantage to it, considering eM! Job No. 03-093 IB-5