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All bid openings are open to the public and bidders are welcome to attend and record the <br /> bid results. A written tabulation of the Bid results will be available to those bidders who <br /> submit a clearly-visible, self-addressed, stamped envelope with their bid. Please allow two <br /> weeks for receipt of Bid results. Telephone requests cannot be honored because of time <br /> constraints. <br /> BID SUBMITTAL <br /> Sealed bids in single copy for the work described herein will be received until the date and <br /> time specified above at the Colorado Division of Minerals and Geology, 13,13 Sherman <br /> Street, Suite 215, Denver, Colorado 80203, and at that time publicly opened. <br /> Bids shall be submitted on the bid form furnished. Bids must be manually signed in ink. <br /> All bid items must be priced or the bid will be disqualified. In case of error in the <br /> extension of price, the unit price shall govern. If a Bid Schedule is included it must also be <br /> returned with the bid. The quantities listed on which unit prices are requested are estimates <br /> only. The prices indicated on the Bid Schedule and included in the Contract; Documents <br /> shall include the cost of all labor and materials, equipment and services, and all other <br /> expenses necessary for the completion of the work. Alternate bids will not be accepted. <br /> This is a sealed bid. Telegraphic or electronic (FAX, Western Union, Telex, etc.) bids will <br /> NOT be accepted directly in the offices of the Division of Minerals and Geology in response <br /> to this bid. <br /> BID BOND <br /> A bid bond is required for all jobs. A bid guarantee in an amount not less than five percent <br /> (5%) of the total bid price must be submitted in the form of a firm commitment, such as <br /> a bid bond, bank money order, certified check or cashier's check. Checks or money orders <br /> should be made payable to the Treasurer, State of Colorado. If a bid bond is submitted, <br /> the State form shall be used. An irrevocable letter of credit is not acceptable as a bid <br /> guarantee. Bid guarantees, other than bid bonds, will be returned (a) to unsuccessful <br /> bidders as soon as practicable after the opening of bids, and (b) to the successful bidder <br /> upon execution of such further contractual documents and bonds (including any necessary <br /> coinsurance or reinsurance agreements) as may be required by the bid as accepted. <br /> Failure to furnish a bid guarantee in the proper form and amount by the time set for <br /> opening of bids may be cause for rejection of the bid. <br /> If the successful bidder, upon acceptance of his bid by the OWNER, fails to execute such <br /> further contractual documents, and give such bond(s) (including any necessary coinsurance <br /> or reinsurance agreements) as may be required within ten (10) days after receipt of the <br /> Notice of Award, the contract may be terminated for default. In such event the <br /> CONTRACTOR shall be liable for any cost of procuring the work which exceeds the <br /> amount of his bid,and the bid guarantee shall be available toward offsetting such difference. <br /> 2 <br /> l <br />