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together to perform the work under this purchase order contract, equipment owned or <br /> controlled by each should be listed and the owner identified. A purchase order contract <br /> will not be awarded to a bidder who in the opinion of the OWNER (a) does not have <br /> adequate equipment, or (b) does not have firm and satisfactory arrangements to obtain <br /> adequate equipment to perform the work described in the Invitation and Bid. <br /> BID AWARD <br /> Award will be made with reasonable promptness, by written notice to the low responsive <br /> and responsible bidder whose bid meets the requirements and criteria set forth in the <br /> Invitation for bid. These criteria will include, but not be limited to the lowest GRAND <br /> TOTAL PRICE, corrected if necessary for errors in price extension and/or addition, on the <br /> Bidder's equipment if a List of Equipment Offered is required with the bid, and capability <br /> to meet the performance time requirements. The GRAND TOTAL PRICE will be used for <br /> comparing bids only. <br /> Additive Alternates. The lowest responsible bid, taking into account the Colorado <br /> resident bidder preference, Article 14 of the General Conditions, will be determined by <br /> and the contract will be awarded on the base bid plus all additive alternates, to the extent <br /> that the addition of alternates results in a sum total within available funds to finance the <br /> contract. Additive alternates will be used in determining the lowest responsible bidder, <br /> adding in the numerical order listed. An equal number of alternates shall be added to <br /> the base bid of each bidder within funds available to finance the contract for the <br /> purposes of determining the lowest responsible bidder. If this bid exceeds such amount, <br /> the right is reserved to reject all bids. <br /> PROJECT DATES <br /> The project is scheduled for construction between May 18, 1998 and July 24, 1998. This <br /> includes ten (10) days mobilization time. Adjustments to the beginning date may be <br /> made by OWNER due to uncontrollable weather factors, such as snow accumulation, <br /> muddy conditions, heavy rain fall or other climatic conditions. <br /> TIME OF COMPLETION <br /> The time of completion allowed for the project is sixty seven (67) calendar days after <br /> receipt of the 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 <br /> Conditions, Articles 34, 35 and 40. <br /> 4 <br />