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any notice to or demand upon the OWNER under this Contract shall be delivered to the OWNER through the ENGINEER. ARTICLE 2 - PRELIMINARY MATTERS Award: 2.1 The OWNER reserves the right to reject any and all Bids and is not bound by law to accept the lowest Bid. Bids are awarded by the OWNER and its decision is final. No Notice of Award will be given until the OWNER has concluded such investigations as it deems necessary to establish the responsibility, qualifications and financial ability of the Bidders to do the Work in accordance with the Contract Documents to the satisfaction of the OWNER within the time prescribed. The OWNER reserves the right to reject the Bid of any Bidder who does not pass such investigation to the OWNER'S satisfaction. In analyzing Bids, the OWNER may take into consideration alternates and unit prices, if requested by the Bid forms. If the Contract is awarded, the OWNER will issue the Notice of Award and give the successful Bidder a contract for execution within sixty days after opening of Bids. Execution of Agreement: 2.2 At least four counterparts of the Agreement and such other Contract Documents as practicable will be executed and delivered by CONTRACTOR to the OWNER within 10 calendar days of receipt from the OWNER . Forfeiture of Bid Security: 2.3 Failure of the successful Bidder to execute and deliver the Agreement and deliver the required bonds as stipulated in paragraph 2.2 shall be cause for the OWNER to annul the Notice of Award and declare the Bid and any security therefore forfeited. Contractor's Pre-Start Representations: 2.4 CONTRACTOR represents that he has familiarized himself with, and assumes full responsibility for having familiarized himself with the nature and extent of the Contract Documents, work, locality, and with all local conditions and federal, state and local laws, ordinances, rules and regulations that may in any manner affect performance of the Work, and represents that he has correlated his study and observations with the requirements of the Contract Documents. CONTRACTOR also represents that he has studied all surveys and investigation reports of subsurface and latent physical conditions referred to in the specifications and made such additional surveys and investigations as he deems necessary for the performance of the Work at the Contract Documents and that he has correlated the results of all such data with the requirements of the Contract Documents. City of Sunny Isles Beach NE 174th Street Roadway Improvements 00700-4 General Conditions 14-1758 / 09-19-2014