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2012-076 RES RESCIND CONTRACT AWARD TO CLASSIC PROTECTIVE COATINGS AND AWARDING CONTRACT TO MK PAINTING FOR REHABILITATION OF EAST ELEVATED WATER STORAGE TANK
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2012-076 RES RESCIND CONTRACT AWARD TO CLASSIC PROTECTIVE COATINGS AND AWARDING CONTRACT TO MK PAINTING FOR REHABILITATION OF EAST ELEVATED WATER STORAGE TANK
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9/25/2012 8:55:45 AM
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The undersigned bidder agrees to commence work within ten (10) days after the date of <br />written notice to commence work. The work will be substantially completed in one <br />hundred fifty (150) calendar days subject to the extensions of time as are provided by <br />the General Conditions of the Contract. <br />Owner and Contractor recognize that time is of the essence and that Owner will suffer <br />financial loss if the work contemplated in this Project is not completed within the time <br />specified plus any extensions allowed in change orders granted pursuant to the General <br />Conditions. Owner and Contractor recognize the delays, expenses and difficulties <br />involved i� proving the actual loss suffered by Owner if the work to be completed in <br />the Project is not completed on time. Accordingly, instead of requiring any such proof, <br />Owner and Contractor agree that as liquidated damages for delay (but not as a penalty), <br />Contractor shall pay Owner Two Hundred Fifty Dollars ($250.00) per calendar day for <br />each day that expires after the time specified herein for completion of the work. <br />Enclosed with this proposal is a cashier's or certified check for <br />($ ) Dollars, <br />or a bid bond in the sum of �� �'�f'�"-^jD ��'��2 `�� 3'�� o`� � <br />Dollars, which it is agreed shall be collected and retaine by the er as liquidated <br />damages in the event this proposal is accepted by the Owner within thirty (30) days <br />after the date advertised for the reception of bids and the undersigned fails to execute <br />the contract and the required bond with the Owner, under the conditions hereof, within <br />fifteen (15) days after the said proposal is accepted, otherwise, said check or bond shall <br />be returned to the undersigned upon demand. <br />The undersigned hereby declares that he has visited the site and has carefully examined <br />the contract documents relative to the work covered by the above bid. <br />Respectfully submitted, <br />Bidder: �` K' �A� � 6 ` � �C <br />Signed: <br />Title: Sv�E�i�v ��/D�T <br />Address: � �� � �tv�� <br />wti,��o��� �� ����y <br />Seal - if bidder is a corporation <br />Section III - 4 <br />
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