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18TH STREET PEDESTRIAN IMPROVEMENTS 3741 RMT July 03, 2024 6 1-02.7.RTF 1 1-02.7 Bid Deposit 2 (March 8, 2013 APWA GSP) 3 4 Supplement this section with the following: 5 6 Bid bonds shall contain the following: 7 1. Contracting Agency-assigned number for the project; 8 2. Name of the project; 9 3. The Contracting Agency named as obligee; 10 4. The amount of the bid bond stated either as a dollar figure or as a percentage which 11 represents five percent of the maximum bid amount that could be awarded; 12 5. Signature of the bidder’s officer empowered to sign official statements. The signature 13 of the person authorized to submit the bid should agree with the signature on the 14 bond, and the title of the person must accompany the said signature; 15 6. The signature of the surety’s officer empowered to sign the bond and the power of 16 attorney. 17 18 If so stated in the Contract Provisions, bidder must use the bond form included in the 19 Contract Provisions. 20 21 If so stated in the Contract Provisions, cash will not be accepted for a bid deposit. 22 23 1-02.10.RTF 24 1-02.10 Withdrawing, Revising, or Supplementing Proposal 25 (July 23, 2015 APWA GSP) 26 27 Delete this section, and replace it with the following: 28 29 After submitting a physical Bid Proposal to the Contracting Agency, the Bidder may 30 withdraw, revise, or supplement it if: 31 32 1. The Bidder submits a written request signed by an authorized person and 33 physically delivers it to the place designated for receipt of Bid Proposals, and 34 2. The Contracting Agency receives the request before the time set for receipt of 35 Bid Proposals, and 36 3. The revised or supplemented Bid Proposal (if any) is received by the Contracting 37 Agency before the time set for receipt of Bid Proposals. 38 39 If the Bidder’s request to withdraw, revise, or supplement its Bid Proposal is received 40 before the time set for receipt of Bid Proposals, the Contracting Agency will return the 41 unopened Proposal package to the Bidder. The Bidder must then submit the revised or 42 supplemented package in its entirety. If the Bidder does not submit a revised or 43 supplemented package, then its bid shall be considered withdrawn. 44 45 Late revised or supplemented Bid Proposals or late withdrawal requests will be date 46 recorded by the Contracting Agency and returned unopened. Mailed, emailed, or faxed 47 requests to withdraw, revise, or supplement a Bid Proposal are not acceptable. 48 49