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G-2.03 <br /> <br />G-2.04 <br /> <br />G-2.05 <br /> <br />BID PROPOSALS: <br /> <br />Proposals to receive consideration <br />the following instructions: <br /> <br />(a) <br /> <br />(b) <br /> <br />(c) <br /> <br />shall be made in accordance with <br /> <br />The proposal shall be made on the form provided by the public <br />agency, with all items filled out,. amounts to be stated both in <br />words and in figures, and the signature of the bidder or the <br />bidder's authorized representative. The completed form should be <br />without interlineations, alterations, or erasures. It shall be <br />delivered to the clerk of the governing body. <br /> <br />Each bid shall be accompanied by cash, a cashier's check or a <br />certified check, amounting to ten per cent (10%) of the bid, <br />payable to the clerk of the governing body~ or by a bond for that <br />amount and so payable, signed by the bidder and two sureties, who <br />shall justify, before any officer competent to administer an <br />oath, in double that amount, and over and above all statutory <br />exemptions or by a corporate surety bond to the satisfaction and <br />approval of the superintendent of streets. The amount so posted <br />shall be forfeited to the public agency if the bidder does not <br />enter into a contract with the public agency for the work (within <br />fifteen (15) days after written notice that the contract has been <br />awarded to him). <br /> <br />The governing body shall have the right to hold all bid bonds <br />until award of the contract or rejection of all bids. However, <br />the governing body may order the return of all bid bonds except <br />that of the two lowest bidders prior to the award or rejection. <br /> <br />WITHDRAWAL OF PROPOSALS: <br /> <br />Proposals may be withdrawn by the bidder before, but not after, the <br />time fixed for opening of the proposals. All proposals not within <br />shall constitute standing offers to do the work at the prices stated <br />therein, until action on the proposals is taken by the governing body. <br /> <br />OPENING OF PROPOSALS: <br /> <br />Proposals will be publicly opened and declared either at a meeting of <br />the governing body or at a public meeting called by it. The time and <br />place of the public meeting is set forth in the Notice Inviting Bids. <br />The bids will be tabulated for comparison upon the basis of aggregate <br />of total estimated cost of the work as determined from the unit prices <br />bid and the engineer's estimate Of quantities set forth in the <br />proposal. <br /> <br />CDS.1.6 22 <br /> <br /> <br />