April 16, 2012 - Cabarrus County

Article 6GENERAL PURCHASING PROVISIONSI. BOND REQUIREMENTSBonds or other security instruments may (at the option of Purchasing) be requestedfor supply or service contracts required by the North Carolina State PurchasingStatutes to protect the County’s interest. Any such bonding requirements shall beset forth in the solicitation. Bid or performance bonds shall not be used as asubstitute for a determination of a bidder’s responsibility.II.WHEN BONDS ARE REQUIREDThe formal bid statute requires the County to obtain a bid bond, performance bondand a payment bond for construction or repair projects in the amount of $500,000 ormore. For each contract exceeding $50,000 (i.e. plumbing, electrical, general, HVAC)a performance and payment bond is required. Bonds cannot be waived.III.ERRORS IN BIDS AND BID WITHDRAWALWithdrawal of inadvertently erroneous bids and return of bid deposit, for contractionor repair projects, or for the purchase of apparatus, supplies, materials or equipmentbefore or within seventy-two (72) hours after bid opening, based on such bidmistakes may be permitted where appropriate. Request for withdrawal must bemade in writing.IV.LOWEST RESPONSIVE, RESPONSIBLE BIDDERAward of contracts is made to the lowest responsive, responsible bidder taking intoconsideration quality, performance and the time specified for the performance of thecontract.1. “Responsible” refers to the bidder and “responsive” refers to the bid.Page 30 of 48Attachment number 1F-6Page 102