Summer Food Service Program_IFB - Chicago Park District

7. Time for Receiving Bids
Sealed bids shall be deposited at the address specified on the IFB of the sponsor no later than the exact time and date indicated
on the face of this IFB. Bids received prior to the time of opening will be securely kept, unopened.
8. Error in Bids
Bidders or their authorized representatives are expected to fully inform themselves as to the conditions, requirements and
specifications before submitting bids; failure to do so shall be at the bidder’s own risk and he/she cannot secure relief on the plea
of error.
9. Bonding Requirements
A. Bid Bond: Bidder shall submit with his bid a bid bond in the amount of *_5 percent__ of the value of the contract. Bid
bonds will be returned to the successful bidder upon execution of such further contractual documents.
B. Performance Bond: The successful contractor shall provide the Sponsor with a performance bond in the amount of 10
percent of the contract price. The bond shall be furnished not later than ten days following the award of the contract.
The bid bond and performance bond must be obtained from one of the companies listed in the Department of
Treasury Circular 570.
* (This amount must be not less than 5 percent nor more than 10 percent. The actual percentage must be determined by the
Sponsor.)
10. Award of Contract
A. The contract will be awarded to the lowest responsible bidder conforming to all material terms and conditions of the Invitation
for Bid. Consideration shall be given to such matters as contractor integrity, compliance with public policy, record of past
performance and financial and technical resources. See the Bidder Responsibility and Bid Responsiveness Criteria included
in this bid packet.
B. The Sponsor reserves the right to reject any or all bids when there are sound documented business reasons in the best
interest of the Program and to waive informalities and minor irregularities in bids received.
C. The Sponsor reserves the right to reject the bid of a bidder who has previously failed to perform properly or complete on time
contracts of a similar nature, or the bid of a bidder who investigation shows is not in a position to perform the contract.
11. Late Bids, Modifications of Bids or Withdrawals of Bids
A. Any bid received after the exact time specified for receipt will not be considered.
Bids must be delivered to the Department of Purchasing, 3 rd Floor, on or before the date and time specified. The bidder is
responsible for ensuring timely delivery to the Department of Purchasing. Proposals sent via United States mail or other
delivery services will be considered only if they are received in the Department of Purchasing before the specified time on the
due date. The Chicago Park District does not guarantee that bids received in the building by mail or other delivery services
will be delivered to the Department of Purchasing before the 1:00 p.m. deadline. The Department of Purchasing’s clock
controls the time, not the bidder’s.
B. Any modification or withdrawal of bid is subject to the same conditions as in (A) above. A bid may also be withdrawn in
person by a bidder or his/her authorized representative, provided his/her identity is made known and he/she signs a receipt
for the bid, but only if the withdrawal is made prior to the exact time set for receipt of bids.
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