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1 <br /> City of Everett 00 21 13 -4 <br /> Fire Administration Building Tenant Improvements 18-1080 <br /> rejected or award made to next lowest and responsive Bidder. At the discretion of the <br /> City, Bidders claiming error may or may not be allowed to participate in the re-bid. <br /> 1.9 BID SECURITY <br /> A. Bid Security in the amount of at least 5 percent of the Total Bid Amount shall <br /> accompany each Bid. This security may be by certified check, cashier's check, or a bid <br /> bond made payable to the City of Everett. A bid bond shall be on the form provided in <br /> the Contract Documents. A bid bond shall not be conditioned to modify the minimum <br /> 5-percent required. The surety shall: (1) be registered with the Washington State <br /> Insurance Commissioner, and (2) appear on the current Authorized Insurance List in <br /> the State of Washington published by the Office of the Insurance Commissioner. <br /> B. The failure to furnish a bid security of a minimum of 5 percent shall make the Bid <br /> nonresponsive and shall cause the Bid to be rejected by the City of Everett. <br /> C. Bid security shall serve as evidence of good faith and as a guarantee that if awarded <br /> the Contract the Bidder will execute the Contract and provide bonds as required by the <br /> Bid. Should the successful Bidder fail to enter into the Contract, furnish a satisfactory <br /> performance and payment bond, and furnish evidence of insurance within 14 calendar <br /> days after the award date, the certified check, cashier's check or bid bond shall be <br /> forfeited as liquidated damages. <br /> 1.10 LIST OF SUBCONTRACTORS <br /> A. Bidder shall complete SECTION 004336 - SUBCONTRACTORS FORM and submit it <br /> with the Bid. <br /> 1.11 REJECTION OF ANY AND ALL BIDS <br /> A. The City reserves the right to reject any and all Bids. <br /> 1.12 RETURN OF BID SECURITY <br /> A. Within 15 calendar days after the Bids are opened, the City will return the bid security <br /> accompanying the Bids that are not to be considered in making the award. All other <br /> bid securities will be held until the Contract has been fully executed; after which they <br /> will be returned to the respective Bidders whose Bids they accompanied. <br /> 1.13 AWARD OF CONTRACT <br /> A. Evaluation of Bids <br /> 1. Bids will be evaluated by the City to determine which bid is the lowest responsive <br /> bid by a responsible bidder and which bid, if any, should be accepted in the best <br /> interest of the City. The City, in its sole discretion, reserves the right to accept or <br /> 00 21 13 - 4 INSTRUCTIONS TO BIDDERS <br />