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Additive Alternates. The lowest responsible bid, taking into account the Colorado resident bidder <br /> preference, Article 14 of the General Conditions, will be determined by and the contract will be <br /> awarded on the base bid plus all additive alternates, to the extent that the addition of alternates <br /> results in a sum total within available funds to finance the contract. Additive alternates will be used <br /> in determining the lowest responsible bidder, adding in the numerical order listed. an equal number <br /> of alternates shall be added to the base bid of each bidder within funds available to finance the <br /> contract for the purposes of determining the lowest responsible bidder. If this bid exceeds such <br /> amount, the right is reserved to reject all bids. <br /> PROJECT DATES <br /> The project is scheduled for construction between July 8, 1996 and September 11, 1996. This <br /> includes ten (10) days mobilization time. <br /> TIME OF COMPLETION <br /> The time of completion allowed for the project is sixty-five (65) 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 /> NOTICE OF AWARD AND EXECUTION OF DOCUMENTS <br /> A Notice of Award will be sent to the apparent low bidder within four (4) days of the bid opening. <br /> The contract signing date and time will be set for fourteen (14) days after the bid opening. The <br /> Division of Minerals and Geology must receive the following: <br /> (a) Executed Agreement; <br /> (b) Fully-executed Performance and Payment Bonds,accompanied by appropriate <br /> Power of Attorney, effectively dated; <br /> (c) Certificates of Insurance showing proof of required coverage and Additional <br /> Insured Endorsement; <br /> (d) Project schedule; <br /> (e) AML Contractor Ownership and Control Form; <br /> (f) Minority (MBEYwomen (WBEI Business Participation form; <br /> (g) Three-Way Agreement for Reclamation Activities, if required by the Special <br /> Conditions; <br /> (h) A list of all subcontractors to be used on the project, the work tasks and <br /> dollar value to be subcontracted to each, and <br /> (h) Completed W-9 forms, if required (for contractors new to the State). <br /> Please consult Articles 2-7 of the General Conditions. <br /> 4 <br />