1961 ORD NO 1080 - Laserfiche WebLink

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or failure of the successful bidder to execute the contracts award it to the next N lowest and best bidder. If the City Council awards the contract to the next 3 lowest and best bidder, the arr�ount of the lowest bidder's security shall be 4` 5 6 7 8 9 10 11- 12 13 4 1.5 lied b the Cit to the difference between the low bid and the second lowest applied Y Y 'i bid, and the surplus, if any, shall be returned to the lowest bidder. i c) Bid Openin Procedure. Sealed bids shall be submitted to the ( g Purchasing Agent and shall be identified as bids on the envelope. Bids shall in public at the time and place stated in the public notices. A tabula be opened p tion of all bids received shall be open for public inspection during regular i business hours for a period of not less than thirty (30 ) calendar days after the I bid opening. ii (d) Rejection of Bids. In its discretion, the City Council may reject i any and all bids presented and re -advertise for bids. 16 H 17 �! i 18� 19 201, 21 i 22 'I 24 25 i! 26 27 A, 28 29 0 v J1 32 (e) Award of Contracts. Contracts shall De awa.rulcu vy L.11v-- �1Ly Council to the lowest and best bidder except as otherwise provided herein. (f) Tie Bids. If two or more bids received are for the same tonal amount or unit Price d ice being equal and if the public interest � quality anservice ' will not permit the delay of re -advertising for bids, the City Council may accept the one it chooses or accept the lowest bid made by negotiation with the � tie bidders at the time of the bid opening. (g) Performance Bonds. The City Council shall have authority to require a performance bond before entering a contract in such amount as it shall find reasonably necessary to protect the be st interests of the City. If the; City Council requires a performance bond, the form and amount of the bond shall be described in the notice inviting bids. SECTION 10. OPEN MARKET PROCEDURE, Purchases of suppliesp i equipment, contractual services and sales of personal property of an estimated value in the amount of $2, 500.00 or less may be made by the Purchasing Agent in the open market without observing ''the procedure prescribed by Section 9. (a) Minimum Number of Bids. Open market purchases shall where - ever possible$ be based on at least three bids, and shall be awarded to the lowest and best bidder.