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

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� � � BID PROPOSAL RETURN WITH BID� ' In submitting this Proposal, it is understaod that the right is reserved by the t3wner tc� � reject any ar all Fropasals and waive informalities or irregularities in Proposals. The(lwner also reserves the right to delay tl�e award of a contract far a period not to exceed 45 days from the date af the opening. � The undersigned further agrees, if awarded the Cantract for the work included in this Propasal, to begin and to complete and deliver the wark contemplated in accordance with all the � conditions set forth in the Contract Docurnents. The undersigned has carefully checked the ��,ures rnserted by thern and understands that , they are the Bidder's sole responsibility, and the Owner wiii not be responsibie for any errors or omissions on the part af the undersigned Bidder in preparing this Proposal. � The undersigned certifies that this Proposal is genuine, not collusive, or made in the interest or behalf of any person not named as provided in the Instr�ction to Bidders, and that the undersigned has n.ot, directly, or indirectly, induced or solicited aziy other Bidder, or induced any other persan, firm, or corporation to refrain from subtnitting a proposal, and the undersigned has � not in any manner saught by collusion to secure for thennselves an advantage over any other Bidder. � Attached, as a proposal guaranty, is a properly certi�ed check made payable to "Treasurer, City af Decatur"', Decatur, Iilinois, in an amount not less than ten (IO) percent of the bid; or a cashier`s check made payable to "Treasurer, City af Decatur", Decatur, Illinois, in an � amount not Iess than ten (10)percent ofthe bid; ar a bid bond on a form approved by the City of Decatur, executed by a surety carnpany satisfactory to the City in an atnaunt not less than ten (I O}percent of the bid. � It is expressly understaod that the praposal guaranty is given as a guacantee that the bidder will execute the contract and furnish acceptable bonds and required insurance, if awarded ' the work and the amount thereof represents the agreed damages that the Owner wiil sustain if the bidder fails or refuses within ten(l0) days from and including the date of the I+Totice af Award of the Contract, to execute and detiver said Contract and deliver the required bonds and insurance � shall be just cause for the cancellation of the award and the forfeiture of the proposal guaranty which shatl become tha property of the City, not as penatty, but in liquidation of damages dane. Award may be then made to the next lowest quali�ed bidder, or the work re-advertised and � constructed undar contract, ar otherwise, as the City may decide. The Bidder grants the Qwner the right to hold the lowest three {3} Propasals received, � together with the accornpanying bid securities, for a periad of 4S days after the date of apening of sazd Praposals. � � , , 14