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EXHIBIT "D" ORANGE COUNTY SOLID WASTE OPERATIONS CENTER Each proposal shall be accompanied by a cash deposit or a certified check drawn on-some bank or trust company insured by the Federal Deposit Insurance Corporation, or a bid bond in an amount equal to not less than five percent (5%) of the proposal, said deposit to be retained by the owner as liquidated damages in event of failure of the successful bidder to execute the contrail within ten (10) dgys after the award or to give satisfactory surety as required by law (G.S. 143-129). Bid bond shall be conditioned that the surety will, upon demand, forthwith make payment to the obligee upon said bond if the bidder fails to execute the contract. The owner may retain bid securities of any bid- der(s) who may have a reasonable chance of award of contract for the full duration of time stated in the Notice to Bidders. Other bid securities may be released sooner, at the discretion of the owner. All bid se- curities (cash or certified checks) shall be returned to the bidders promptly after award of contracts, and no later then seven (~ days after expiration of the holding period stated in the Notice to Bidders. Standard Form of Bid Bond is included in these specifications (Section 304). S. RECEIPT OF BIDS Bids shall be received in strict accordance with requirements of the General Statutes of North Carolina. Bid security shall be required as prescribed by statute. Prior to opening of any bids on the project, the bid- derwcvill be permitted to change or withdraw his bid. Guidelines for opening of public construction bids aze available from the North Carolina State Construction Office. 6. OPENING OF BIDS Upon opening, all bids shall be read aloud. Once any bid is opened, there shall not be any withdrawal of bids by any bidder and no bids may be returned by the designer to any bidder. After the bid opening, a bidder may request that his bid be withdrawn from consideration without forfeiture of his bid security in • accordance with the provisions of the North Carolina General Statute 143-129.1. After the opening of bids, no bid may be withdrawn, except under the provisions of General Statute 143-129.1, for a period of thirty days unless otherwise specified. Should the successful bidder default and fail to execute a contract, the contract may be awarded to the next lowest and responsible bidder. The owner reserves the unqualified right to reject arty and all bids. Reasons for rejection may include, but shall not be limited to, the follow- ing: a. If the Form of Proposal famished to the bidder is not used or is altered. b. If the bidder fails to insert a price for all bid items, alternate and unit prices requested. c. If the bidder adds any provisions reserving the right to accept or reject any awazd. d. If there are unauthorized additions or conditional bids, or irregularities of any kind which tend to make the proposal incomplete, indefinite or ambiguous as to its meaning. e. If the bidder fails to complete the proposal form where information is requested so the bid may be properly evaluated by the owner. f. If the unit prices contained in the bid schedule are unacceptable to the owner. g. If the bidder fails to comply with other instructions stated herein. 7. BID EVALUATION The award of the contract will be made to the lowest responsible bidder as soon as practical. The may award on the basis of the base bid and any alternates the owner chooses. TT~[CTRT i! TTCINC T() RTiITIT=RC