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times the basic rate of pay for all hours worked in excess of 40 hours in the work week. The <br /> requirements of 40 U.S.C. § 3704 are applicable to construction work and provide that no laborer or <br /> mechanic be required to work in surroundings or under working conditions which are unsanitary, <br /> hazardous or dangerous. These requirements do not apply to the purchase of supplies or materials or <br /> articles ordinarily available on the open market, or to contracts for transportation or transmission of <br /> intelligence. <br /> In the event of any violation of the clause set forth herein, the Contractor and any subcontractor <br /> responsible therefor shall be liable for the unpaid wages. In addition,the Contractor and subcontractor <br /> shall be liable to the United States(in the case of work done under contract for the District of Columbia <br /> or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages <br /> shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, <br /> employed in violation of this clause in the sum of$10 for each calendar day on which such individual <br /> was required or permitted to work in excess of the standard workweek of forty hours without payment <br /> of the overtime wages required by this clause. <br /> The FTA shall upon its own action or upon written request of an authorized representative of the <br /> Department of Labor withhold or cause to be withheld, from any moneys payable on account of <br /> work performed by the Contractor or subcontractor under any such contract or any other Federal <br /> contract with the same prime Contractor,or any other federally-assisted contract subject to the Contract <br /> Work Hours and Safety Standards Act, which is held by the same prime Contractor, such sums as <br /> may be determined to be necessary to satisfy any liabilities of such Contractor or subcontractor for <br /> unpaid wages and liquidated damages as provided in this section. <br /> The Contractor or subcontractor shall insert in any subcontracts the clauses set forth in this section <br /> and also a clause requiring the subcontractors to include these clauses in any lower tier subcontracts. <br /> The prime Contractor shall be responsible for compliance by any subcontractor or lower tier <br /> subcontractor with the clauses set forth in this agreement. <br /> 17. Bonding Requirements for Construction <br /> Bid Guarantee Bond <br /> Bidders shall furnish a bid guaranty in the form of a bid bond, or certified treasurer's or cashier's <br /> check issued by a responsible bank or trust company, made payable to the RECIPIENT. The <br /> amount of such guaranty shall be equal to$$$$or X% of the total bid price. <br /> In submitting this bid, it is understood and agreed by bidder that the RECIPIENT reserves the <br /> right to reject any and all bids, or part of any bid, and it is agreed that the Bid may not be withdrawn <br /> for a period of[90] days subsequent to the opening of bids,without the written consent of <br /> RECIPIENT. <br /> It is also understood and agreed that if the undersigned bidder should withdraw any part or all of <br /> his bid within [90] days after the bid opening without the written consent of the RECIPIENT, or <br /> refuse or be unable to enter into this Contract as provided above, or refuse or be unable to furnish <br /> adequate and acceptable Performance and Payment Bonds, or refuse or be unable to furnish <br /> adequate and acceptable insurance, as provided above, it shall forfeit its bid guaranty to the <br /> extent RECIPIENT'S damages occasioned by such withdrawal, or refusal, or inability to enter into <br /> an agreement, or provide adequate security thereof <br /> It is further understood and agreed that to the extent the defaulting bidder's bid guaranty shall prove <br />