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I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />GENERAL SPECIFICATIONS FOR ONE (1) II,000 LB. 4 x 4 TRUCK AND DUMP BODY <br />FOR CITY STREET DEPARTMENT <br /> <br />1) FORM OF PROPOSAL AND CONTRACT <br /> <br />Proposals to furnish the equpment specified must be submitted on the <br />forms included herewith, itemized as therein provided for. Acceptance <br />of the proposml by the City Council shall constitute a contract by and <br />between the City and the Bidder... Contract documents include the Notice <br />and Instructions to Bidder, the Proposal Form, these General Specifi- <br />cmtions, and the Specifications for the truck. <br /> <br />2) BASIS OF AWARD <br /> <br />The contrmct may be awarded to the lowest qualified bidder, or in the <br />best interests of the City. <br /> <br />3) BIDDERS SURETY <br /> <br />4) <br /> <br />A certified check, money order or bidders bond in the amount of 5% of <br />the bid shall accompany the proposal. The same shall be made out un- <br />conditionally to the City of Ramsey, Minnesota, and in accordance with <br />the terms of the proposal. Said check, money order or bidders bond <br />will be returned to the successful bidder upon satisfactory delivery <br />as stated in the proposal. Checks, money orders or bidder bonds, of <br />the unsuccessful bidders will be returned immediately after acceptance <br />of the successful bidder. <br /> <br />PAYMENT <br /> <br />Payment will be made to the Vendor after: <br /> <br />' a) Acceptance and approval by the. City of the equipment de- <br /> livered; and <br /> <br />b) Upon submission of the bill, Or invoice,.priced in accord- <br /> ance with the proposal. <br /> <br />5) RIGHT TO HOLD AND REJECT BIDS <br /> <br />The City reserves the right to hold any bids for a period of .thirty <br />days from the date set for the opening thereof before acting thereon. <br />The City reserves the right to reject any or all bids, and also to <br />waive informalities. <br /> <br />6) TAX EXEMPTION CERTIFICATE <br /> <br />The City will execute a Federal and State tax exemption certificate <br />where applicable. <br /> <br /> <br />