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ADVERTISEMENT FOR BIDS <br /> increased use of disadvantaged business enterprises. The loan recipient's policy <br /> requires all bidders to undertake specified affirmative efforts at least sixteen (16) <br /> days prior to bid opening. The policy is contained in the specifications. Bidders are <br /> also required to comply with the President's Executive Order No. 11246, as <br /> amended. The requirements for bidders and contractors under this order are <br /> explained in 41 CFR 60-4. <br /> 11. The successful bidder will be required to furnish satisfactory performance and <br /> payment bonds in the full amount of the Bid. No Bid shall be withdrawn without the <br /> consent of the Owner for a period of 90 days after the scheduled time of receiving <br /> bids. <br /> REJECTION OF BIDS: <br /> The Council of the Ci hof Decatur, Illinois, reserves the right to accept, renegotiate or reject <br /> any or all proposals and to waive any variance from the requirements of the instructions for <br /> bidders. At the discretion of the Council, required items may be submitted after the bid opening <br /> if there is sufficient compliance with instructions at the time of the bid opening to permit the City <br /> to determine the price bid. <br /> 10/29/2016 Richard G. Marley, P.E. <br /> Date Advertised Director of Public Works <br /> 5 <br />