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DocuSign Envelope ID: B94F2D40-3B3C-47A7-86C2-6F1B4F92C62C <br /> A. The Bid was submitted in good faith. <br /> B. The price Bid"was based upon a mistake,which constituted a substantial error". <br /> C. Credible evidence is submitted showing that the error(a)was clerical in nature as opposed to a <br /> judgment error, and (b) was actually due to an unintentional and substantial arithmetic <br /> omission of a substantial quality of work, labor, material or services made directly in the <br /> compilation of the Bid. <br /> D. The error can be clearly shown by objective evidence drawn from inspection of the original <br /> work papers,documents or materials used in the preparation of the Bid. <br /> E. The request to withdraw(a)is made in writing to the Owner and(b)is made prior to the award <br /> of the Contract,but not later than seventy-two(72)hours after the opening of Bids. <br /> The Owner reserves the right to reject any and all Bids, to waive all technicalities and irregularities, <br /> and to make the award as considered in the best interest of the Owner. Reasons for rejection may <br /> include,but shall not be limited to,the following: <br /> A. If the form of Proposal furnished to the Bidder is not used or is altered. <br /> B. If the Bidder fails to insert a price for all Bid Items,Alternatives and Unit Prices requested. <br /> C. If the Bidder adds any provisions reserving the right to accept or reject any award. <br /> D. If there are unauthorized additions or conditional Bids,or irregularities of any kind which tend <br /> to make the Proposal incomplete,indefinite,or ambiguous as to its meaning. <br /> E. If the Bidder fails to complete the Proposal forms where information is requested so the Bid <br /> may be properly evaluated by the Owner. <br /> F. If the Unit Prices contained in the Bid Schedule are unacceptable to the Owner. <br /> G. If the Bidder fails to comply with other instructions stated herein. <br /> 7. PERFORMANCE BOND <br /> The successful Bidder,upon award of Contract, shall furnish a Performance Bond in an amount equal <br /> to one hundred percent(100%)of the Contract price. <br /> 8. PAYMENT BOND <br /> The successful Bidder,upon award of Contract, shall furnish a Payment Bond in an amount equal to <br /> one hundred percent(100%)of the Contract price. <br /> 9. PRE-BID CONFERENCE <br /> A Pre-Bid Conference will be held on February 4, 2015 at 2:00 p.m. at Cedar Grove Community <br /> Center,5800 Highway 86 North,Hillsborough,North Carolina. Attendance is Mandatory. <br /> Page 3 of 4 <br />