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Award, the contract may be terminated for default. In such event the CONTRACTOR shall be <br /> liable for any cost of procuring the work which exceeds the amount of his bid, and the bid <br /> guarantee shall be available toward offsetting such difference. <br /> List of Equipment Offered. The List of Equipment Offered form must be returned with each bid. All <br /> equipment to be used on the project must be listed. The CONTRACTOR must own, have a current <br /> lease for the equipment intended to be used to perform the work, or must furnish a statement of <br /> arrangements to rent, or otherwise procure, adequate equipment to perform the work. Inclusion <br /> of a piece of equipment on the List of Equipment Offered represents a commitment to devote that <br /> piece of equipment to the project work for the entire duration of the project. If several contractors <br /> propose to join together to perform the work under this contract, equipment owned or controlled <br /> by each should be listed and the owner identified. A contract will not be awarded to a bidder who <br /> in the opinion of the OWNER(a)does not have adequate equipment, or(b) does not have firm and <br /> satisfactory arrangements to obtain adequate equipment to perform the work described in the <br /> Invitation and Bid. <br /> BID AWARD <br /> Award will be made with reasonable promptness, by written notice to the low responsive and <br /> responsible bidder whose bid meets the requirements and criteria set forth in the Invitation for bid. <br /> These criteria will include, but not be limited to the lowest GRAND TOTAL PRICE, corrected if <br /> necessary for errors in price extension and/or addition, on the Bidder's equipment if a List of <br /> Equipment Offered is required with the bid, and capability to meet the performance time <br /> requirements. The GRAND TOTAL PRICE will be used for comparing bids only. <br /> GENERAL BID SPECIFICATIONS <br /> The Colorado Inactive Mine Reclamation Program General Bid Specifications 1996, which include <br /> General Conditions, Standard'Work Specifications, and Standard Drawings and Figures are <br /> intended to complement these„Special Conditions. The Special Conditions combined with the <br /> General Bid Specifications 1996 form the complete Invitation and Bid document. Please refer to <br /> the Standard Work Specifications for all applicable types of work required in the Special Conditions. <br /> The General Conditions apply to all work covered in the Special Conditions. Copies of the General <br /> Bid Specifications are available at the Pre-Bid Meeting or from the Division of Minerals and <br /> Geology (DMG), 1313 Sherman Street, Room 215, Denver, Colorado 80203 (303) 866-3567. <br /> PROJECT DATES <br /> The project is scheduled for construction between May 15, 2000 and June 7, 2000. This includes <br /> ten (10) days mobilization time. <br /> TIME OF COMPLETION <br /> The time of completion allowed for the project is twenty four(24) calendar days after receipt of the <br /> Notice to Proceed. This includes ten (10) days mobilization time. <br /> LIQUIDATED DAMAGES <br /> The liquidated damages for this project will be $400.00 per day. Please see General Conditions, <br /> Articles 34, 35 and 40. <br /> 3 <br /> i <br /> I� <br />