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5.1 of the General Conditions. 6.2 The Bid security of the Successf Agreement and fiunished the required If the Successful Bidder fails to execu security within fifteen days after the t the Bid security of that Bidder will b believes to have a reasonable chance earlier of the seventh day after the Effe opening, whereupon Bid security furn which aze not competitive will be rev 7. Contract Time. d Bidder will be retained until such Bidder has executed the ;ontract security, whereupon the Bid security will be retumed. e and deliver the Agreement and furnish the required contract otice of Awazd, Owner may annul the Notice of Awazd and : forfeited. The Bid security of other Bidders whom Owner of receiving the awazd may be retained by Owner until the -tive Date ofthe Agreement or the sixty-first day after the Bid shed by such Bidders will be returned. Bid security with Bids rned within seven days after the Bid opening. The number of days within which, orOe dates by which, the Work is to be substantially completed and also completed and ready for fin payment (the Contract Time) aze set forth in the Bid Form and the Agreement. 8. Liquidated Damages. Provisions for liquidated damages, if 9. Substitute or "Or-Eaual" Items. The Contract, if awarded, will be on or specifications without consideral Whenever it is indicated in the Dral equal" item of material or equipm Engineer, application for such accep Date of the Agreement. The procec consideration by Engineer is set fort] and may be supplemented in the Te 10. 10.1 If the Supplementary Condition other persons and organizations (incl and equipment) to be submitted to Ow of the Agreement, the appazent Succe seven days after the Bid opening subi other persons and organizations pi identification is required. Such list sh information regarding similaz proj Subcontractor, Supplier, person or orl due investigation has reasonable objec organization, either may before the Nc to submit an acceptable substitute in acceptable substitute without an incn make any such substation, Owner ma aze set forth in the Agreement. basis of materials and equipment described in the Drawings of possible substitute or "or-equal" items. ;s or specified in the Specifications that a substitute or "or- may be fiunished or used by Contractor if acceptable to :e will not be considered by Engineer until after the Effective for submission of any such application by Contractor and Pazagraphs 6.7.1, 6.7.2 and 6.73 ofthe General Conditions ical Specifications. require the identity of certain Subcontractors, Suppliers and iing those who aze to furnish the principal items of material er in advance of the specified date prior to the Effective Date ;ful Bidder, and any other Bidder so requested, shall within it the Owner a list of all such Subcontractors, Suppliers and posed for those portions of the Work for which such 1 be accompanied by an experience statement with pertinent ;ts and other evidence of qualification for each such nization if requested by Owner. If Owner or Engineer after on to any proposed Subcontractor, Supplier, other person or ce of Awazd is given request the appazent Successful Bidder vhich case ttte appazent Successful Bidder shall submit an ise in Bid price. If appazent Successful Bidder declines to awazd the contract to the next lowest Bidder that proposes 4