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I:XHIBIT VIII-I. Cont. STATEMENT OF BIDDER'S QUALIFICATIONS Each Bidder shall upon request of the Local Public Agency sul)rnit on the forfO furnished for that purpose, a statement of the Bidder's qualifications, his experience record in constructing the type of improvements embraced in the contract, his organization and equipment available for the work contemplated, and, when specifically requested by the Local Public P,gency, a detailed linancial staternent. The Local Public agency shall have the right to take such steps as it cleems r.ecessary to determine the ability of the Bidder to perform his obligations under the Contract and the Elidder shall furnish tile Local Public Agency all such information and data for this purpose as it may request. The rigtlt is reserved to reject any Bid where an investigation of the available evidence or information does not saWry the Local Public Agency that the Bidder is qualified to carry out properly the terms of the Contract. UNIT PRICES The unit price for each of the several items in the proposal of each Bidder shall include its prorata share of overhead so thatlhe sum of the products obtained by multiplying the quantity shown for each item by the unit price Bid represents the total Bid. Any Bid not conforming to this requirement may be rejected as informal. THE SPECIAL ATTENTION OF ALL BIDDERS IS CALLE:D TO THIS PROVISION, FOR SHOULD CONDITIONS MAKE IT NECESSARY TO REVISE: THE QUANTITIES, NO LIMIT WILL BE FIXED FOR SUCH INCREASED OR DECREASED QUANTITIES NOR EXTRA COMPENSATION ALLOWED, PROVIDED THE NET MONETARY VALUE OF ALL SUCH ADDITIVE AND SUBTRACTIVE CHANGES IN QUANTITIES OF SUCH ITEMS OF WORK (Le, diffr"ence in cost) SHALL NOT INCREASE OR DECREASE THE ORIGINAL CONTRACT PRICE BY MORE THAN TWENTY FIVE (25) PERCENT, except for work not covered in the Drawings and Technical Specifications as provided for in the Contract Documents. (If lump-sum Bids are deemed advisable due 10 local conditions, thiS section must be revised accordingly.) CORRECTIONS Erasures or other changes in the Bids must be explained or noted over the signature of the Bidder. TIME FOR RECEIVING BIDS Bids received prior to the advertised hour 01' openii1!l will be securely kept sealed. The officer whose duty it is to open them will decide when the specified time has arrived, and no Bid received hereafter will be considered; except that when a Bid arrives by mail after the time fixed for opening, but before the reading of all other Bids is completed, and it is shown to the satisfaction of the Local Public Agency that the non-arrival time was due solely to delay in the mails for which the Bidder is not responsible" such Bid will be received and considered. Bidders are cautioned that, while telegraphic modifications of Ellds may be received as provided above, such modifications, if not explicit and if in any sense subject to misinterpretation, shall make the Bid so modified or amended, subject to rejection. OPENING OF BIDS At the time and place fixed for the opening of Bids, the Local Public Agency will cause to be opened and publicly read aloud every Bid received within the time set for mceiving Bids, irrespective of any VIlI-l-3 {Revised 5199)