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r <br /> 1 <br /> D. If such a bid is manually signed by an official other than the President of the <br /> corporation, a certified copy of a resolution of the board of directors evidencing <br /> the authority of such official to sign the bid should be attached to it. Such bid <br /> should also bear the attesting signature of the corporation and the impression of <br /> the corporate seal. <br /> E. The contract shall be deemed as having been awarded when formal notice of <br /> ' award shall have been duly served upon the intended awardees (i.e., the Bidder or <br /> Bidders to whom the Owner contemplates awarding the contract) by some officer <br /> or agent of the Owner duly authorized to give such notice. <br /> 11. TELEGRAPHIC OR WRITTEN MODIFICATION OF BID <br /> ' 11.01 Any Bidder may modify his bid by telegraphic or written communication at any <br /> time prior to the scheduled closing time for receipt of Bids, provided such communication is <br /> received by the Owner prior to the closing time. The telegraphic or written communication <br /> ' should not reveal the Bid price; it should, however, state the addition or subtraction or other <br /> modification so that the final prices or terms will not be known by the Owner until the <br /> sealed Bid is opened. <br /> 12. FILING BIDS <br /> 12.01 After the bids are opened and read aloud, they shall be placed on file in office of the <br /> City Engineer, #1 Gary K. Anderson Plaza, Decatur, Illinois. Bidding results will not be <br /> made public until after award. <br /> 13. BASIS OF AWARD <br /> 13.01 Proposals shall be submitted for the work as shown on the Contractor's Proposal, all <br /> furnished and installed in strict conformance with the specifications therefore. No proposal <br /> will be considered except for completed work, fully installed and in place as specified. <br /> Except in cases where the Owner exercises the right to reject any or all proposals, the <br /> contract will be awarded by the Owner on the following basis: <br /> Each Division will be awarded as a separate contract to the lowest <br /> responsive, responsible Bidder. <br /> 14. RETURN OF BID DEPOSITS <br /> ' 14.01 The bid deposit of all except the three lowest Bidders will be returned within three <br /> business days after the opening of bids. The bid deposits of the three lowest Bidders will be <br /> returned within two business days after the Agreement, required bonds, and insurance <br /> requirements have been approved by the Owner. Bid bonds will not be returned. <br /> r <br /> CITY 2012-06 / BGM 12-043 INST-5 <br />