City Council Agenda and Packet 2025 07 08

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12.10.1 Bids for unit price schedules shall be based on a unit price basis. The Total Bid Price will be determined as the sum of the products of the estimated quantity of each item and the unit price set forth in the Schedule of Unit Prices. The final Contract Price will be subject to adjustment according to final measured, used, or delivered quantities as provided in the Specifications and the unit prices in the Bid Form will apply to such final quantities except that unit prices may be subject to change by Change Order if quantities vary more than 25 percent. 12.10.2 Bids for lump sum schedules shall be based on a lump sum basis for each lump sum item. 13. Submission of Bids 13.1 Bids shall be submitted at the time and place indicated in the Advertisement of Invitation to Bid and shall be enclosed in an opaque sealed envelope, marked with the Project Title (and, if applicable, the designated portion of the Project for which the Bid is submitted) and name and address of the BIDDER, and addressed to the City of Louisville as indicated in the Advertisement of Invitation to Bid accompanied by the Bid Security and other required documents. If the Bid is sent through the mail or other delivery system the sealed Bid shall be enclosed in a separate envelope with the notation "BID ENCLOSED" on the face of the separate sealed envelope. 13.2 Bids shall be deposited at the designated location prior to the time and date for receipt of Bids indicated in the Invitation to Bid, or any extension thereof made by Addendum. Bids received after the time and date for receipt of Bids will be returned unopened. BIDDER shall assume full responsibility for timely delivery at the location designated for receipt of Bids. 13.3 Oral, telephonic, or telegraphic Bids are invalid and will not receive consideration. 13.4 No BIDDER may submit more than one Bid. Multiple Bids under different names will not be accepted from one firm or association. 14. Modification and Withdrawal of Bids 14.1 Bids may be modified or withdrawn by an appropriate document duly executed (in a manner that a Bid must be executed) and delivered to the place where Bids are to be submitted at any time prior to the opening of Bids. 14.2 Bids may also be modified or withdrawn in person by the BIDDER or an authorized representative provided he can prove his identity and authority. 14.3 Withdrawn Bids may be resubmitted up to the time designated for the receipt of Bids provided that they are then fully in conformance with these Instructions to BIDDERS. 14.4 If, within twenty-four hours after Bids are opened, any BIDDER files a duly signed, written notice with OWNER and promptly thereafter demonstrates to the reasonable satisfaction of OWNER that there was a material and substantial mistake in the preparation of its Bid, that 16 2025 WATER MAIN REPLACEMENT PROJECT & SANITARY SEWER BACKWATER PREVENTER VALVE PROJECT Invitation to Bid 48