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~QUEST FOR BiDS ON EXCAVATION <br /> <br /> OF ONE (1) GAP~AGE HO~ AT SANITARY I~NDF!LL <br /> <br />Sealed bids, subject to the conditions attached hereto and as described <br />in advertisement date March 25, 1982, will be received until 10:00 a.m. <br />April 2, 1982, at Cabarrus County Court House, Concord~ North Carolina, <br />and then publicly opened for completing the excavation described in the <br />attached list. <br /> <br /> By: Board of County Commissioners <br /> Ralph Bonds, Chairman <br /> Charles D. McGinnis, County Manager <br /> <br /> CONDITIONS <br /> <br />1. The Board of County Commissioners reserves the right to reject any and <br /> all bids and to waive any informality in bids. <br /> <br />2. Bids for the excavation will be accepted on a lump sum basis according <br /> to bid specifications and requirements. <br /> <br />3. The bidder must submit a bid guarantee of 5% cash or certified check <br /> drawn on some bank or trust company licensed by the Federal Deposit <br /> Insurance Corporation. In lieu of making the cash deposit as above <br /> provided, the bidder may file a 5% bid bond executed b~ a corporate <br /> surety licensed under the laws of North Carolina to execute such bonds <br /> conditioned' that the surety will upon demand forthwith make payment to <br /> the obligee upon said bond if the bidder fails to execute the contract <br /> in accordance with the bid bond and upon failure to forthwith make <br /> payment the surety shall pay to the obligee an amount equal to double <br /> the a~ount of said bid bond. This deposit shall be retained if the <br /> successful bidder fails to execute the contract within ten days after <br /> the award of fails to give satisfactory surety as required herein. <br /> <br />4. In case of default of the contractor, the health department may procure <br /> the service from other sources and hold the contractor and/or his <br /> surety for any excess cost derived therefrom. <br /> <br />5. The bidder awarded the contract shall post a performance bond guaranteeing <br /> the excavation to be completed in 30 working days according to the bid <br /> specifications and requirements. <br /> <br />6. All bids must be firm. Bids containing rock clauses must stipulate the <br /> exact cost of rock removal if it is in addition to the bid. <br /> <br /> <br />