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operating costs, maintenance requirements, performance data, and guarantees of major <br />items of materials and equipment proposed for incorporation in the Work when such data is <br />required to be submitted prior to the Notice of Award. <br />14.4 CITY may conduct such investigation as CITY deems necessary to assist in the evaluation <br />of any Bid and to establish the responsibility, qualifications, and financial ability of <br />Bidders, proposed Subcontractors, Suppliers, and other persons and organizations to <br />perform and furnish the Work in accordance with the Contract Documents to CITY's <br />satisfaction within the prescribed time. <br />14.5 If the contract is to be awarded, it will be awarded to the lowest responsible Bidder whose <br />Bid provides the best value to CITY and whose evaluation by CITY indicates to CITY that <br />the award will be in the best interest ofthe Project. <br />14.6 If the contract is to be awarded, CITY will give the Successful Bidder a Notice of Award <br />within sixty (60) days after the day of the Bid opening. <br />15 Contract Securitv <br />When the Successful Bidder delivers the executed Agreement to CITY, it must be <br />accompanied by the required performance and payment Bonds. Bidder may, in lieu of a <br />Bond, submit cash or cashier's check in the amount of 5% of its Bid. <br />16 Signin o~f Agreement <br />When CITY gives a Notice of Award to the Successful Bidder, it will be accompanied by <br />the required number of unsigned counterparts of the Agreement with all other written <br />Contract Documents attached. Within fifteen (15) days thereafter, Contractor sha11 sign <br />and deliver the required number of counterparts of the Agreement and attached documents <br />to CITY with the required Bonds and insurance certificates. Within ten (10) days <br />thereafter, CITY shall deliver one (1) fully signed counterpart to Contractor. <br />17 Prebid Conference <br />A prebid conference will not be held on this Project. <br />18 Sales and Use Taxes <br />CITY is exempt from taxes under Chapter 20, Title 122A, Revised Civil Statutes of Texas <br />to be incorporated in the Work (exemption No.75-6000635). Said taxes shall not be <br />included in the Contract Price. <br />6 <br />. 000115 <br />