Agenda - Council - 02/14/1995 - Laserfiche WebLink

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Each ~IDDER is responsible for reading and being thoroughly familiar with the CONTRACT DOCUMENTS. The failure or omission of a BIDDER to complete any of the foregoing shall in no way mi/eve a BIDDER from any obligation with respect to the BID. The successful BIDDER shall supply the names and addresses of major material SUPPLIERS and SUBCONTRACTORS if requested to do so by the CITY. In the event that additional WORK is needed and the lowest responsible BIDDER is unable to perform the WORK, the additional WORK will be offered to the next lowest responsible BIDDER. The NOTICE TO PROCEED shall be issued within ten (10) days of the execution of the CONTRACT by the CITY. Should there be reasons why the notice to proceed cannot be issued withig such a period, the time may be extended by mutual agreement between the CITY and the selected BIDDER. If the NOTICE TO PROCEED has not been issued within a ten (10) day period or the period mutually agreed upon, the selected BIDDER may terminate the CONTRACT without further liability on the part of either party. The selected BIDDER will be required to execute the CONTRACT and obtain the required insurance certificates within ten (10) calender days from the date the notice of award is executed by CITY-, In the case of failure of the selected BIDDER to execute the CONTRACT, the CITY may at its option consider the selected BIDDER in default, in which case, the CITY may award the BID to the next lowest responsible BIDDER. The CITY, within ten (10) days of receipt of the acceptable INSURANCE CERTIFICATES and CO--CT signed by the selected BIDDER, shall sign the CONTRACT and return to such party an executed duplicate of the CONTRACT. Such notice of withdrawal shall be effective upon the receipt of that WRITTEN NOTICE by the CITY. I I I I I I I I I I I I I I I I i I