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Advertisement for Bids <br />Page 3 <br />January 8, 1995 <br /> <br />A one hundred percent (100%) payment bond will be required <br />in addition to a one hundred percent (100%) performance <br />bond, guaranteeing the payment in full to all persons <br />furnishing labor, materials, equipment, etc., for and in <br />connection with the work to be performed under the contract. <br />A combination performance-payment bond is acceptable in lieu <br />of the above. <br /> <br />HOLDING OF PROPOSALS: <br /> <br />No bid shall be withdrawn after the opening of proposals <br />without the consent of the Owner for a period of sixty (60} <br />days after the scheduled time of opening bids. <br /> <br />AN ACT TO REGULATE THE PRACTICE OF GENERAL CONTRACTING: <br /> <br />Bidders are advised that insofar as applicable, "An Act to <br />Regulate the Practice of General Contracting", ratified by <br />the General Assembly of the State of North Carolina, on <br />March 10, 1925, and as subsequently amended, will be <br />observed in receiving and awarding the contract. <br /> <br />EQUAL OPPORTUNITY: <br /> <br />Cabarrus County is an equal opportunity employer. Minority <br />contractors are encouraged to bid. <br /> <br />AWARD OF CONTRACT: <br /> <br />The Board of Commissioners of Cabarrus County reserves the <br />right to reject any proposal for failure to comply with ali <br />requirements of this notice or of any of the contract <br />documents; however, at its discretion it may waive any minor <br />defects or informalities. The Board further reserves the <br />right to reject any and all proposals or to award a contract <br />which in its judgement is in the best interest of the <br />County. <br /> <br />Water and Sewer District of Cabarrus County <br />Henry F. Waldroup, County Utilities Director <br />Cabarrus County <br /> <br /> <br />