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city of charlottetown tender 2012 storm pipe construction package b ...

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City <strong>of</strong> Charlottetown Section 00 20 00May <strong>2012</strong>Instructions to Bidders<strong>2012</strong> Storm Pipe Construction, Package B Page 2 <strong>of</strong> 5.3 Only substitutions approved by addendum may be included in the <strong>tender</strong>.1.3 Bid Deposit.1 A bid deposit is required in the form <strong>of</strong> a certified cheque or a bid bond, in the amount <strong>of</strong> 10 percent(10%) <strong>of</strong> the <strong>tender</strong> price.1.4 Contract Security.1 A fifty percent (50%) performance bond, or ten percent (10%) certified cheque is required for theduration <strong>of</strong> the project until substantial completion.1.5 Provisional Sum.1 A provisional sum is included in the <strong>tender</strong>ed price for miscellaneous items not included in the unitprices. All charges against this sum are to be direct payroll and material costs without mark-up.1.6 Lien Holdback.1 A fifteen percent (15%) lien holdback is required for sixty (60) days after substantial completion..2 A statutory declaration by the contractor confirming that all financial obligations relating to the workhave been paid.1.7 Site Assessment.1 Site Examination1.8 Qualifications.1 Visit project site and surrounding area before submitting Tender..2 All Bidders may visit the project site and Tender should reflect any conditions that may affecttheir work..1 Subcontractors.1 Owner reserves right to reject a proposed subcontractor for reasonable cause.1.9 Bid Submission.1 Bidders shall be solely responsible for delivery <strong>of</strong> their Tenders in manner and time prescribed..2 Submit one copy <strong>of</strong> executed <strong>of</strong>fer on Tender Forms provided, signed and with corporate sealtogether with required security in a sealed opaque envelope, clearly identified with Bidder's name,project name and Owner's name on outside.1.10 Bid and Performance Security.1 The Contractor hereby and herewith deposits with and delivers to the Owner, as security <strong>of</strong> the duefulfilment <strong>of</strong> the Contract, one <strong>of</strong> the following, which shall remain in effect for a minimum <strong>of</strong> thirty(30) days after <strong>tender</strong> closing:.1 A certified cheque in the amount <strong>of</strong> ten percent (10%) <strong>of</strong> the <strong>tender</strong> value, excluding GST.or

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