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opening and will give the Successful BIDDER a Notice of Award within sixty-five days after the <br />day of the Bid opening. The OWNER's acceptance of the Bid proposal shall bind the successful <br />BIDDER to sign the Contract Documents within ten (10) days after the date of the receipt by <br />the BIDDER of the Notice of Award. The rights and obligations set forth in the Contract <br />Documents shall become effective only with the signature of the MAYOR on behalf of the City. <br />17.7 It is the OWNER's intention to award the entire contract as bid. The OWNER reserves the right <br />to award a contract that is in the best interest of the OWNER and within the amount budgeted. <br />The OWNER has or will have prior to award appropriated monies at least equal to the contract <br />amount. The Total Bid Price, subject to the other considerations herein, shall be the basis of <br />award. Quantities may be reduced in order to reach budget amount, in that case the unit prices <br />shall govern to determine the lowest Total Bid Price, which shall then determine the basis of <br />award. If quantity reductions are required, quantities may be reduced from any item. Bid may <br />be awarded by adding (or subtracting) the base bid plus any add alternatives, at the OWNER's <br />sole discretion. <br />The BIDDER acknowledges that the OWNER has the right to delete any item of the Schedule of <br />Unit Prices or change quantities and locations in any item at OWNER's sole discretion without <br />affecting the contract prices of any item of the Contract so long as the deletion or change does <br />not exceed twenty-five percent (25%) of the Total Bid Price. Notwithstanding the foregoing, if <br />a reduction is made in Unit Price items or quantities, the lump sum cost for traffic control shall <br />be reduced by the same percentage as the percentage change made from the original unit <br />price cost/quantity to the reduced original unit price cost/quantity. <br />Quantities listed in the Schedule of Unit Prices are approximate and are for the purpose of <br />comparing bids. These quantities have been estimated and are for the general information of <br />the BIDDER. Quantities are not guaranteed. <br />17.8 In addition to Paragraph 17.1 of the Instructions to Bidders, in evaluating Bids, the OWNER will <br />consider Bids irregular, and intends to reject Bids, for any of the following substantial reasons: <br />17.8.1 Unsigned Bid Form; <br />17.8.2 Bid Forms which have items omitted by the BIDDER; <br />17.8.3 Altering a Bid as to specified time of commencement of completion of Work; <br />17.8.4 Bid Forms not accompanied by a Bid Security of character indicated or of an amount <br />less than indicated; <br />17.8.5 If the Bid Form is on a form other than that provided in Contract Documents, or if <br />the Bid Form is altered; <br />17.8.6 If there are unauthorized additions, conditional or alternate Bids, or discrepancies of <br />any nature that make the Bid Form incomplete, indefinite, or ambiguous as to its <br />meaning; <br />17.8.7 If the BIDDER adds any provisions reserving the right to accept or reject an award, <br />or to enter into a Contract pursuant to an award; <br />18 <br />2025 WATER MAIN REPLACEMENT PROJECT & SANITARY SEWER BACKWATER PREVENTER VALVE PROJECT <br />Invitation to Bid <br />50 <br />