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<br />e <br /> <br />e <br /> <br />any and all bids, and if it appears that the District can perform the work or secure <br />material for less than the lowest bid, it may proceed to do so in accordance with <br />law. All other statutory requirements relating to perfonnance bonds, retainage, and <br />similar matters shall also be complied with. <br /> <br />Section 15. ModificatioDof Bv-Laws. These By-Laws may be altered, <br />amended or repealed at any regular or special meeting of the Board to become <br />effective innnediately or at a subsequent date. <br /> <br />14 <br />