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9. Approved bidder is responsible for keeping the project area clean during construction and <br />he is responsible for final cleanup of project site. <br />10. Within 10 days after written notification of award of the contract the successful bidder shall <br />execute and furnish to the City a contract in a form approved by the City Attorney along with: (1) <br />a performance bond and a payment bond, with powers of attorneys attached, each in the full <br />amount of the contract price, executed by a surety company or surety companies authorized to <br />execute surety bonds and from the list of approved surety companies maintained by the United <br />States Treasury Department, and (2) a properly executed Certificate of Insurance evidencing that <br />the successful bidder has met all the Insurance Requirements required herein. <br />11. The Contractor will provide traffic control and appropriate barricades at project site. <br />12. The City of Paris Public Works Department will assign project areas as needed in various <br />locations. <br />13. The approved bidder will invoice the City of Paris Public Works Department bi-weekly. <br />No partial payments for work in place will be made. One payment, upon successful completion <br />and acceptance by the OWNER will be made. <br />14. Quantities shown on the BID FORM are estimated quantities only. The OWNER will <br />direct the work in coordination with Contractor to expedite completion of work and to minimize <br />any downtime and moving time. <br />15. The City of Paris Public Works Department will inspect the project site on a daily basis. <br />Failure of the Contractor to maintain the project schedule and/or to construct the project in <br />accordance with guidelines and specifications will be grounds for termination of the contract. <br />Basis„'of Award: <br />It is the intention of the City of Paris to award this contract to the lowest responsible bidder whose <br />bid is received timely and satisfies all the requirements and specifications of the bid proposal. <br />However, the City of Paris reserves the right to reject any and all bids, to waive any informality in <br />bidding, and to award the bid as may be most advantageous to the City of Paris. <br />Price is t to ent: <br />be exclusive of any applicable taxes. Bidder is hereby notified that the City of Paris is <br />exempt from state and local sales taxes. The City of Paris tax exemption number is 1-756000635. <br />A tax exempt certificate will be furnished upon request. ' <br />Payment will be made within thirty (30) days after receipt and acceptance of an invoice. <br />