Quilceda Excavation 8/1/2022 - Laserfiche WebLink

I CITY OF EVERETT SPECIAL PROVISIONS Within 45 days after the opening of Bids, the City will act either to accept the Bid from the lowest responsive, responsible Bidder, or to reject all Bids. The City reserves the right to request extensions of such Bid acceptance period. If the lowest responsible Bidder and the City cannot agree on an extension by the 45 day deadline, the City reserves the right to award the Contract to the next lowest responsible Bidder or reject all Bids. The acceptance of a Bid will be evidenced by a written Notice of Award of Contract delivered in person or by certified mail to the Bidder whose Bid is accepted, together with a request to furnish a Contract Bond and evidence of insurance and to execute the Contract set forth in the Contract Documents. No Contract is formed until the Contract Execution Date. 1-03.3 Execution of Contract Revise the first paragraph of 1-03.3 to read as follows: Successful Bidder has 14 calendar days after receiving the Notice of Award to submit the following documents to the City: • Two executed copies of the Contract. • Two original payment bonds and two original performance bonds submitted on forms contained in Contract Documents. • Certificate of Insurance and additional insured endorsement in accordance with 1-07.18 "Insurance" of the Special Provisions. Revise the third paragraph of 1-03.3 to read as follows: If the Bidder experiences circumstances beyond their control that prevents return of the Contract Documents within 14-calendar days after the Award Date, the City may grant more time for return of the documents, provided the City deems the circumstances warrant it. Supplement 1-03.3 by adding the following: A Contract shall not be formed until the Contract Documents are signed by the Mayor. 1 1-03.4 Contract Bond Revise 1-03.4 to read as follows: The Contractor shall provide a separate payment bond and performance bond, each in the amount of 100 percent of the Contract Sum and each in the form contained in the Contract Documents. These bonds shall serve as security for the faithful performance of the Work and as security for the faithful payment and satisfaction of the persons furnishing materials and performing labor on the Work. The bonds shall be issued by a corporation duly and legally licensed to transact surety business in the State of Washington. Such bonds shall remain in force throughout the period required to complete the Work, and thereafter for a period of 365 calendar days after Final Acceptance. The bonds must be executed by a duly licensed surety company, which is listed in the latest Circular 570 of the United States Treasury Department, as being acceptable as surety on federal bonds. No surety's liability on the bond shall exceed the underwriting limitations for the respective surety specified in Circular 570. The bonds must be signed by an officer of the Contractor empowered to sign binding instruments. The bonds must be accompanied by a fully executed and original power of attorney for the officer executing on behalf of the surety. The scope of the bonds or the form thereof prescribed in these Contract Documents shall in no way affect or alter the liabilities of the Contractor to the City as set forth in the Contract Documents. 1-03.5 Failure to Execute Contract Supplement 1-03.5 by adding the following: Water Main Replacement"W" Division 1 —GENERAL REQUIREMENTS April, 2022 WO No.—UP3766 SP—50 I