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(a)A bid guarantee from each bidder equivalent to five percent of the bid price.The"bid guarantee" <br /> must consist of a firm commitment such as a bid bond,certified check,or other negotiable instrument <br /> accompanying a bid as assurance that the bidder will, upon acceptance of the bid, execute such <br /> contractual documents as may be required within the time specified. <br /> (b) A performance bond on the part of the contractor for 100 percent of the contract price. A <br /> "performance bond" is one executed in connection with a contract to secure fulfillment of all the <br /> contractor's obligations under such contract. <br /> (c)A payment bond on the part of the contractor for 100 percent of the contract price.A"payment <br /> bond" is one executed in connection with a contract to assure payment as required by law of all <br /> persons supplying labor and material in the execution of the work provided for in the contract to <br /> assure payment as required by law of all persons supplying labor and material in the execution of the <br /> work provided for in the contract. <br /> Byrd Anti-Lobbying <br /> Amendment (31 U.S.C. 1352)—Contractors that apply or bid for an award exceeding$100,000 must <br /> file the required certification. Each tier certifies to the tier above that it will not and has not used <br /> Federal appropriated funds to pay any person or organization for influencing or attempting to <br /> influence an officer or employee of any agency, a member of Congress, officer or employee of <br /> Congress,or an employee of a member of Congress in connection with obtaining any Federal contract, <br /> grant or any other award covered by 31 U.S.C. 1352. Each tier must also disclose any lobbying with <br /> non-Federal funds that takes place in connection with obtaining any Federal award.Such disclosures <br /> are forwarded from tier to tier up to the non-Federal award. <br /> Disadvantaged Business Enterprises <br /> This contract is subject to the requirements of Title 49, Code of Federal Regulations, Part 26, <br /> Participation by Disadvantaged Business Enterprises in Department of Transportation Financial <br /> Assistance Programs.The national goal for participation of Disadvantaged Business Enterprises(DBE) <br /> is 10%. <br /> 14 <br />