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WA9401-CS 941020DATE: OCTOBER 20, 1994 ADDENDUM #: ONE (1) PROJECT: EAST BELTLINE ROAD WATERLINE PROJECT (WA 94--01) BID DATE/TIME: OCTOBER 26, 1994 @ 2:00 am SUPPLEMENTARY CONDITIONS ARTICLE 5 - BONDS AND INSURANCE SC-5.1. Add: BID SECURITY: A cashier's check or an acceptable Bidder's Bond payable to the City of Coppell in an amount of not less than five per cent (5 %) of the largest possible total of the bid submitted must accompany the bid, and is subject to forfeit in the event the successful bidder fails to execute the contract documents within ten (10) days after the contract has been awarded. Bids without check or bid bond will not be considered. All bid securities will be returned to the respective bidders within ten (10) days after bids are opened, except those which the Owner elects to hold until the successful bidder has executed the contract. Thereafter, all remaining securities, including security of the successfu! bidder, will be returned within ten (10) days after the contract is awarded. I i I ! |"