Reso 99-155 - Laserfiche WebLink

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Basc Bid Total Bid Amount BIDDER_RF�10 A)317 b4f10(.AAlU�j iwc. BID PROPOSAL PROJECT NAME .evn nV11) 19 A I A elf{ of UW l Id,IJ n�-tzt�rt A iJ $ 260.T8S. 75; The Contract will be awarded on the basis of the TOTAL BID AMOUNT. $ 2.6o,7gy's The City reserves the right to increase, decrease or delete any item of the work. The following unit prices shall be utilized as the basis of computation for any increases, decreases or deletions to any item of the work. The Bidder hereby acknowledges receipt of the following addenda: Date Number It is mutually agreed that time is of the essence of this contract and should the Contractor fail to complete the work within the specified time there shall be deducted from the compensation due the Contractor the amount of three hundred dollars ($300.00) per calendar day as fixed, agreed as liquidated damages for each calendar day elapsing, beyond the specified time for completion or any authorized extension thereof. It is further agreed that said sum is not a penalty but is the stipulated amount of damages sustained by the City. The City may deduct such amount of assessed liquidated damages from Contractor's Progress Payments at the sole discretion of the City. AWARD OF CONTRACT AND TIME OF COMPLETION The contract, if awarded, shall be to the lowest responsive, and most responsible bidder whose bid conforming to the specifications is the most advantageous to the City, considering prices bid, the experience, the qualifications of the bidder, and the bidders current and immediately available resources. The Bid Proposal must comply with the re uirements necessary to render it formal. 6 The WORK will be entirely completed within ccessive days from the commencement date stated in the Notice to Proceed. The Bidder understands and agrees that the Total Bid Amount is inclusive of all work and materials necessary to complete the project as described in the Contract Documents. 4 of 12