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4.2.2 If a surety bond is required, it shall be wrilten on AIA Document A310, Bid Bond, unless <br />otherwise provided in the Bidding Documents, and the attomey-in-fact who executes the bond <br />on behalf of the surety shall affix to the bond a certified and current copy of the power of attorney. <br />4.23 The Owner will have the right to retain the bid security of Bidders to whom an award is <br />being considered until either (a) the Contract has been executed and bonds, iE required, have been <br />furnished, or (b) the specified time has elapsed so that Bids may be withdrawn or (c) all Bids have <br />been rejected. <br />4.3 SUBMISSION OF BIDS <br />43.1 All copies of the Bid, the bid security, if any, and any other documents required to be sub- <br />mitted with the Bid shall be endosed in a sealed opaque envelope. The envelope shall be addressed <br />to the party receiving the Bids and shall be identified with the Project name, the Bidder's name <br />and address and, if applicable, the designated portion of the Work for which the Bid is submitted. <br />If the Bid is senl by mail, the sealed envelope shall be enclosed in a separate mailing envelope with <br />the nofation "SEALED BID ENCLOSED" on the Face thereof. <br />4.3.2 Bids shall be deposited at the designated location prior to the time and date fox receipt of <br />Bids. Bids received aRer the time and date for receipt of Bids will be returned unopened. <br />433 The Bidder shall assume full responsibility for timely delivery at the location designated <br />for receipt of Bids. <br />43.4 Oral, telephonic, telegraphic, facsimile or other electronically transmitted bids will not <br />be considered. <br />4.4 MODIFICATION OR WITHDRAWAL OF BID 4.4.7 A Bid may not be modified, withdrawn or canceled by the Bidder during the stipulated <br />time period following the time and date designated for the receipt of Bids, and each Bidder so <br />agrees in submitting a Bid. <br />4.41 Yrior to the time and date designated for receipt of Bids, a Bid submitted may be modified <br />or withdrawn by notice to the party receiving Bids at the place designated for receipt of Bids. Such <br />notice shall be in writing over the signature of the Bidder. Written confirmation over the signa- <br />ture of the Bidder shall be received, and date- and time-stamped by the receiving party on or <br />before the date and time set for receipt of Bids. A change shall be so worded as not to reveal the <br />amount of the original Bid. <br />4.43 Withdrawn Bids may be resubmitted up to the date and time designated for the receipt of <br />Bids provided that they are then fully in conformance with these Instructions to Bidders. <br />4.4.4 Bid security, if required, shall be in an amounl sufficient for the Bid as resubmitied. <br />ARTICLE 5 CONSIDERATION OF BIDS <br />5.1 OPENING OF BIDS , <br />At the discretion of the Owner, if stipulated in the Advertisement or Invitation to Bid, the prop- <br />edy identified Bids received on time will be publicly opened and will be read aloud. An abstract <br />of the Bids may be made available to Bidders. <br />5.2 REJECTION OF BIDS The Owner shall have the right to reject any or al] Bids. A Bid not accompanied by a required bid <br />security or by other data required by the Bidding Documents, or a Bid which is in any way incom- <br />plete or irregular is subjed to rejection. _ <br />o Iill o <br />o. o <br />0 <br />01997 AIAO <br />AIA DOCUMENT A707-1997 <br />INSTRUCTIONS TO BIDDERS <br />The American Institute <br />of Archirects <br />1735 New York Avenue, N.W. <br />Washingfon. D.C. 20006-5292 <br />WARNING: Unlicensed phofocop/ing vblafee US. <apyright lawz and will subject the violator to legal pmsecutlon. <br />