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I <br /> Section 00 41 13 BID FORM <br /> I1.03 ACCEPTANCE <br /> I A. This offer shall be open to acceptance and is irrevocable for 45 days from the Bid <br /> closing date. <br /> IB. If this Bid is accepted by the Owner within the time period stated above, we will: <br /> 1. Execute the Agreement within 14 days of receipt of Notice of Award. <br /> I 2. Furnish the required 100% payment and 100% performance bonds within <br /> 14 calendar days of receipt of Notice of Award in the form described in <br /> Contract Documents. Commence Work within seven calendar days after <br /> receipt of Notice to Proceed. <br /> IC. If this Bid is accepted within the indicated time, and we fail to commence the <br /> Work or we fail to provide the required bonds,the Bid security shall be forfeited <br /> I as damages to the Owner by reason of our failure, limited in amount to the lesser <br /> of the face value of the Bid security or the difference between this Bid and the <br /> Bid upon which Contract is signed. <br /> I D. In the event our Bid is not accepted within the time stated above, the required Bid <br /> security will be returned to the undersigned, according to the provisions of the <br /> Instructions to Bidders, unless a mutually satisfactory arrangement is made for its <br /> Iretention and validity for an extended period of time. <br /> 1.04 CONTRACT TIME <br /> IA. If this Bid is accepted, we will: <br /> 1. Begin work immediately after receiving Owner's letter of Notice to <br /> I Proceed and to reach Substantial Completion within the dates required <br /> under the Contract Documents. <br /> 2. Agree to pay liquidated damages to the City as stated in the Contract in <br /> Ithe event the project is not completed on or before required time periods. <br /> 3. Contract with the Owner using the Contract form provided herewith, on <br /> the terms and conditions contained herein, to do everything necessary to <br /> Icomplete the construction of the project in the allotted time. <br /> 1.05 ADDENDA <br /> IA. Following Addenda have been received, and the modifications to the Bid <br /> Documents noted below have been considered and all costs are included in the <br /> Bid. <br /> IAddendum No / , dated .'fig <br /> Addendum No '? , dated .:.,/.-: /.: . <br /> IAddendum No , dated . 1 ) ... <br /> Addendum No , dated <br /> I <br /> ICity of Everett 00 41 13-3 February 2023 <br /> Evergreen Pump Station Modifications <br /> UP3747-3 <br /> I <br />