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Article 6 <br />GENERAL PURCHASING PROVISIONS <br />I. BOND REQUIREMENTS <br />Bonds or other security instruments may (at the option of Purchasing) be <br />requested for supply or service contracts required by the North Carolina State <br />Purchasing Statutes to protect the County's interest. Any such bonding <br />requirements shall be set forth in the solicitation. Bid or performance bonds shall <br />not be used as a substitute for a determination of a bidder's responsibility. <br />II. WHEN BONDS ARE REQUIRED <br />The formal bid statute requires the County to obtain a bid bond, performance <br />bond and a payment bond for construction or repair projects in the amount of <br />$500,000 or more. For each contract exceeding $50,000 (i.e. plumbing, electrical, <br />general, HVAC) a performance and payment bond is required. Bonds cannot be <br />waived. <br />III. ERRORS IN BIDS AND BID WITHDRAWAL <br />Withdrawal of inadvertently erroneous bids and return of bid deposit, for <br />contraction or repair projects, or for the purchase of apparatus, supplies, <br />materials or equipment before or within seventy-two (72) hours after bid opening, <br />based on such bid mistakes may be permitted where appropriate. Request for <br />withdrawal must be made in writing. <br />IV. LOWEST RESPONSIVE, RESPONSIBLE BIDDER <br />Award of contracts is made to the lowest responsive, responsible bidder taking <br />into consideration quality, performance and the time specified for the performance <br />of the contract. <br />F-5 <br />Page 30 of 48 <br />Attachment number 1 <br />Page 95 <br />