R2019-102 Resolution Accepting a Bid for Construction of a New Parking Lot Adjacent to the Decatur Public Library

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. � BID PROPUSAL �RETURN WITH B� � In submitting this Proposal, it is understood that the right is reservet� by the Owner tt� � reject any or all Proposals and waive in£ormalities or irregularities in Proposals. The Owner also reserves the right to delay the award of a contract for a period not to exceed 45 days frorn the date of the opening. � The undersigned further agrees, if awarded the Contract for the work included in this Praposal, to begin and to camplete and deliver the work contemplated i� accordance with all the � conditions set forth in the Contract Documents. The undersigned has carefully checked the figures inserted by thena and understands that they are the Bidder's sole respons'rbility, and the Owner will nat be responsible for any errors or � omissions on the part af the undersigned Bidder in preparing this Proposal. The undersigned certifies that this Froposal is genuine, not collusive, or made in the � interest or behalf of any person not named as provided in the Instruction ta Bidders, and that the undersigned has not, directly, or indirectiy, induced or solicited any ather Bidder, or induced any other person, firm, or corparation to refrain from submitting a proposal, and the undersigned has , not in any manner sought by collusian to secure for themselves an advantage over any ather Bidder. ' Attached, as a proposal guaranty, is a properly certified check rnade payahle to "Treasurer, City of Decatur", Decatur, Illinois, in an amount nat less than ten(IO} percent of the bid; or a cashier's check made payable to "Treasurer, City of Decatur", Decatur, Illinais, in an � amaunt nat less than ten (10}percent of the bid; or a bid band on a form approved by the City af Decatur, executed by a surety campany satisfactory to the City in an amount not less than ten (10)percent af the bid. � It is expressty understood that the praposal guaranty is given as a guarantee that the bidder will execute the contract and fiirnish acceptable bonds a�d required insurance, if awarded � the work and the a�ount thereaf represen#s the agreed daznages that the Owner wiii sustain if the bidder fails or refuses within ten(10) days from and including the date of the Natice of Award of the Contract, to execute and deliver said Contract and deliver the required bonds and insurance � shall be just cause far the cancellation of the award and the forfeihue of the praposal guaranty which sha11 become the property of the City, not as penalty, but in liquidation of damages done. Award may be then rnade to the next lowest qualified bidder, or the wark re-advertised and � constructed under contract,or otherwise,as the City may decide. The Bidder grants the Qwner the right to hoid the lowest three {3} Proposals received, � together with the accornpanying bid securities, for a period of 45 days after the date of opening of said Praposals. , � ' � i4