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SNO-ISLE TECH 2O23 SMALL WORKS Section 00 20 00, Page 4 MCGRANAHAN ARCHITECTS INSTRUCTIONS TO BIDDERS 1.13 EVIDENCE OF QUALIFICATIONS Upon request of the Owner, a bidder whose bid is under consideration for award of the Contract, shall promptly submit satisfactory evidence of its financial resources, its experience, and the organization and equipment it has available for the performance of the Contract. 1.14 EXECUTION OF CONTRACT The successful bidder will be required within ten (10) days after issuance of Notice of Intent to Award Contract to execute a public works Contract (Modified AIA Form or other form supplied by Owner) and to furnish a Performance Bond and a Payment Bond, each for one hundred percent (100%) of the Contract sum, plus sales tax, and the required evidence of insurance for the minimum coverages as described in the Contract Documents. 1.15 REQUIREMENTS FOR EXECUTION OF DOCUMENTS All documents required to be executed by the Contract Documents, such as the Contract, Bonds and Bid Forms, shall comply with the following: Proprietorship Execution by the Contractor should be in the correct legal name. If a sole proprietorship (even though the words "And Company" appear), the person should name himself/herself as Owner. Example: John Doe dba/John Doe Company. Partnership If the Contractor is a partnership, the managing partner should sign, describing himself/herself as such. Corporation If the Contractor is a corporation, a signature for the corporation by the President or equivalent and by the Secretary or equivalent, describing themselves as such will be presumed sufficient. If the corporation has a resolution or copy of by-laws authorizing some other signature, the resolution or copy of the by-laws should be with the Contract. Authorized signatures for the bonding company and satisfactory evidence of said authority, is required on the Performance and Payment Bond. 1.16 TIME OF DELIVERY OF BONDS The Bidder shall deliver the required Performance Bond and a Payment Bond to the Owner not later than ten (10) days after issuance of Notice of Intent to Award Contract. No Work may be performed prior to the submittal and approval of the Bonds. Unless otherwise specified in the Bidding Documents, the Bonds shall be written in Statutory Form as required by State of Washington RCW 39.08 and the Contract Documents by a surety firm licensed to do business in the State of Washington with an A.M. Best rating of not less than specified in Article 11 of the General Conditions. The Bidder shall require the Attorney -in -Fact who executed the required Bonds on behalf of the surety to affix thereto a certified and current copy of Power of Attorney. mcg-ARC 2120.000 February 28, 2023