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OC Motor Pool and Maintenance Shop <br />PDC Project 23017 SUPPLEMENTARY GENERAL <br />CONDITIONS 00 73 00 - 2 <br />to complete the Work within the time specified. <br />PAYMENTS: <br />The Owner will use e-procurement for all payments to be made to the contractor.The contractor shall carry <br />any fees required in his bid.The Owner will make two payments at the beginning of the shutdown after <br />material is onsite and after final inspection and close-out material is provided and accepted. <br />UTILITIES: <br />Contractor may use existing utilities and facilities at no additional costs.Owner will provide multiple parking <br />spaces at building.. <br />USE OF SITE: <br />Refer to time of completion for work schedule information. <br />NO SMOKING POLICY: <br />The building is non-smoking. <br />FIRE ALARM WORK: <br />Contractor shall coordinate temporary shut down of Fire Alarm system in isolated areas during construction <br />with the owner.System must be active at end of shift. <br />BID BOND: <br />Contractor shall furnish a Bid Bond.Each proposal shall be accompanied by a cash deposit or a certified <br />check drawn on some bank or trust company insured by the Federal Deposit Insurance Corporation,or a bid <br />bond in an amount equal to not less than five percent (5%)of the proposal,said deposit to be retained by the <br />owner as liquidated damages in event of failure of the successful bidder to execute the contract within ten <br />(10)days after the award or to give satisfactory surety as required by law (G.S.143-129). <br />Bid bond shall be conditioned that the surety will,upon demand,forthwith make payment to the oblige upon <br />said bond if the bidder fails to execute the contract.The owner may retain bid securities of any bidder(s)who <br />may have a reasonable chance of award of contract for the full duration of time stated in the Notice to <br />Bidders.Other bid securities may be released sooner,at the discretion of the owner.All bid securities (cash <br />or certified checks)shall be returned to the bidders promptly after award of contracts,and no later than <br />seven (7)days after expiration of the holding period stated in the Notice to Bidders. <br />PERFORMANCE AND PAYMENT BONDS: <br />Contractor shall furnish a Performance Bond and Payment Bond executed by a surety company authorized <br />to do business in North Carolina.The bonds shall be in the full contract amount.Bonds shall be executed in <br />Docusign Envelope ID: EF9C08D2-5B75-438B-8D6D-8473F81BD7C4