City Council Agenda and Packet 2025 07 08

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resolutions thereof by ENGINEER is acceptable to BIDDER, and that the Contract Documents are generally sufficient to indicate and convey understanding of all terms and conditions for performing and furnishing of the Work. 4.7 The provisions of 4.1 through 4.7 of this section, inclusive, do not apply to Asbestos, Polychlorinated biphenyls (PCBs), Petroleum, Hazardous Waste, or Radioactive Material covered by paragraph 4.5 of the General Conditions. 5. Availability of Lands for Work, Etc. 5.1 The lands upon which the Work is to be performed will be in the confines of street rights -of - way and public property. All additional lands and access thereto required for temporary construction facilities or storage of materials and equipment are to be obtained and paid for by CONTRACTOR. Easements for permanent structures or permanent changes in existing facilities are to be obtained and paid for by OWNER unless otherwise provided in the Contract Documents. 6. Interpretations and Addenda 6.1 All questions about the meaning or intent of the Bidding Documents are to be submitted in writing to the ENGINEER. Interpretation or clarifications considered necessary by ENGINEER in response to such questions will be issued only by Addenda mailed or delivered to all parties recorded by ENGINEER as having received Bidding Documents. Questions received less than ten days prior to the date for opening of Bids may not be answered. Only questions answered by formal written Addenda will be binding. Oral and other interpretations or clarifications will be without legal effect. 6.2 Addenda may also be issued to modify the Bidding Documents as deemed advisable by ENGINEER. 7. Bid Security 7.1 Each Bid must be accompanied by a Bid Security consisting of a properly Certified Check, Cashier's Check, or Bid Bond on the form enclosed herewith, in the amount of five (5) percent of BIDDER's Total Bid Price, without conditions, payable to the City of Louisville, Colorado. The Bid Bond must be executed by a surety meeting the requirements of Paragraph 5.3 of the General Conditions. The cost of the Bid Security shall be included in the bid. The submission of the Bid and Bid Security is a pledge by the BIDDER that he will enter into an Agreement with the Owner on the terms stated in his Bid and will, if required, furnish required insurance certificates and bonds, covering the faithful performance of the Agreement and the payment of all obligations arising thereunder. 7.2 The Bid Security of the Successful BIDDER will be retained until such BIDDER has executed the Agreement, furnished the required contract security and met the other conditions of the Notice of Award, whereupon the Bid Security will be returned. If the successful BIDDER fails to execute, enter into or deliver an Agreement in accordance with an accepted bid proposal, or fails to furnish the required bonds or certificates, within ten (10) days from the mailing of the Notice of Award, or if the BIDDER has been guilty of collusion with other BIDDERS in submitting the Bid, the OWNER may annul the Notice of Award and the Bid Security shall be forfeited to 13 2025 WATER MAIN REPLACEMENT PROJECT & SANITARY SEWER BACKWATER PREVENTER VALVE PROJECT Invitation to Bid 45