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Base Bid <br />BIDDER Coast to Coast Coast.&Restor.Inc. <br />BID PROPOSAL <br />PROJECTNAME Oceanfront Park,Sunny Is1es,FL <br />$ 60085.00 <br />The total Bid Amount shall include a $25,000 City's allowance account. $ 25,000 <br />Total Bid Amount $ 634,885.00 <br />The Contract will be awarded on the basis of the TOTAL BID AMOUNT. <br />The City reserves the right to increase, decrease or delete any item of the work. The following unit <br />prices shall be utilized as the basis of computation for any increases, decreases or deletions to any item <br />of the work. <br />The Bidder hereby acknowledges receipt of the following addenda: <br />Date <br />June 2, 1999 <br />I <br />Number <br />Addendum #1 <br />i It is mutually agreed that time is of the essence of this contract and should the Contractor fail to <br />complete the work within the specified time there shall be deducted from the compensation due the <br />Contractor the amount of three hundred dollars ($300.00) per calendar day as fixed, agreed as <br />liquidated damages for each calendar day elapsing, beyond the specified time for completion or any <br />authorized extension thereof. It is further agreed that said sum is not a penalty but is the stipulated <br />amount of damages sustained by the City. The City may deduct such amount of assessed liquidated <br />damages from Contractor's Progress Payments at the sole discretion of the City. <br />AWARD OF CONTRACT AND TIME OF COMPLETION <br />The contract, if awarded, shall be to the lowest responsive, and most responsible bidder whose bid <br />conforming to the specifications is the most advantageous to the City, considering prices bid, the <br />experience, the qualifications of the bidder, and the bidders current and immediately available <br />resources. The Bid Proposal must comply with the requirements necessary to render it formal. <br />The WORK will be entirely completed within successive days from the commenceme ate stated <br />in the Notice to Proceed. r <br />The Bidder understands and agrees that the Total Bid Amount is inclusive of all work and materials <br />necessary to complete the project as described in the Contract Documents. <br />101 <br />1) nr 10 <br />