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BID SUBMITTAL <br />Sealed bids in single copy for the work described herein will be received until the date <br />and time specified above at the Colorado Division of Minerals and Geology, 1313 <br />Sherman Street, Suite 215, Denver, Colorado 80203, and at that time publicly opened. <br />A responsive bid must include the following, properly completed: <br />• Bid Form <br />• Bid Schedule <br />• Bid Bond <br />• List of Equipment Offered <br />This is a sealed bid. Telegraphic or electronic (FAX, Western Union, Telex, etc.) bids <br />will NOT be accepted directly by the Division of Minerals and Geology in response to this <br />bid. <br />Bid Form. Bids shall be submitted on the bid form furnished. Bids must be manually <br />signed in ink. All bid items must be priced or the bid will be disqualified. In case of error <br />in the extension of price, the unit price shall govern. If a Bid Schedule is included it must <br />also be returned with the bid. The quantities listed on which unit prices are requested <br />are estimates only. The prices indicated on the Bid Schedule and included in the <br />Contract Documents shall include the ;cost of all labor and materials, equipment and <br />services, and all other expenses necessary for the completion of the work. Alternate <br />bids will not be accepted. Bids must be signed as follows: <br />If the Bidder is a corporation,: The bid must be signed by an officer <br />(President or Vice President), and the title indicated. The signature of the officer <br />shall be attested to by the Secretary and properly sealed. Include the <br />corporations Federal Employer: ID Number in the "Tax ID" blank. <br />If the Bidder is a proprietorship: The Owner must sign the bid and print or <br />type his name, the business name and social security number. <br />If the Bidder is a partnership: The majority or general partner must sign <br />the bid. The same person must sign the contract, if awarded. Also include the <br />company name and tax ID Number. <br />Bid Bond. A bid bond is required for all jobs. A bid guarantee in an amount not less <br />than five percent (5%) of the total bid price must be submitted in the form of a firm <br />commitment, such as a bid bond, bank money order, certified check or cashier's check. <br />Checks or money orders should be made payable to the Treasurer, State of Colorado. If <br />a bid bond is submitted, the State form shall be used. An irrevocable letter of credit is <br />not acceptable as a bid guarantee. Bid guarantees, other than bid bonds, will be <br />returned (a) to unsuccessful bidders as soon as practicable after the opening of bids, <br />and (b) to the successful bidder upon execution of such further contractual documents <br />and bonds (including any necessary coinsurance or reinsurance agreements) as may be <br />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 <br />such further contractual documents, and give such bond(s) (including any necessary <br />coinsurance or reinsurance agreements) as may be required within ten (10) days after <br />receipt of the Notice of Award, the contract may be terminated for default. In such event <br />2