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r <br /> error in the extension of price, the unit price shall govern. If a Bid Schedule is <br /> included it must also be returned with the bid. The quantities listed on which unit <br /> prices are requested are estimates only. The prices indicated on the Bid Schedule <br /> and included in the Contract Documents shall include the cost of all labor and <br /> materials, equipment and services, and all other expenses necessary for the <br /> completion of the work. Alternate bids will not be accepted. Bids must be signed as <br /> 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 <br /> officer 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 <br /> or type his name, the business name and social security number. <br /> If the Bidder is a partnership: The majority or general pars r,er must sign the <br /> 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 <br /> check. Checks or money orders should be made payable to the Treasurer, State of <br /> Colorado. If a bid bond is submitted, the State form shall be used. An irrevocable <br /> letter of credit is not acceptable as a bid guarantee. Bid guarantees, other than bid <br /> bonds, will be returned (a) to unsuccessful bidders as soon as pract,cable after the <br /> opening of bids, and (b) to the successful bidder upon execution of such further <br /> contractual documents and bonds (including any necessary coinsurance or <br /> 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 <br /> such further contractual documents, and gi•.,a such bond(s) (including any necessary <br /> coinsurance or reinsurance agreements) as may be required within ten (10) days <br /> after receipt of the Notice of Award, the contract may be terminated for default. In <br /> such event the CONTRACTOR shall be liable for any cost of procuring the work which <br /> exceeds the amount of his bid, and the bid guarantee shall be available toward <br /> offsetting such difference. <br /> List of Equipment Offered. The List of Equipment Offered form must be returned with <br /> 3 <br />