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The undersigned agrees that the Owner reserves the right to reject any <br />j <br />or all bids and/or waive any informality on a bid. <br />1.4.06 3,Yithdrawal of Bid <br />LL <br />The bidder agrees that this bid shall be good and may not be withdrawn <br />for a period of thirty (;30) calendar days after the date of bid <br />F <br />opening. <br />1.4.07 Certification of Workers' Compensation Insurance <br />The, Contractor to whom the Contract is awarded shall sign and file <br />with the :awarding body the following certification prior to performing <br />the work of the Contract. <br />"I am aware of the provisions of Section 3700 of the Labor Code <br />which required every employer to be insured against liability for <br />Workers' Compensation or to undertake` self-insurance in <br />( <br />accordance with the provisions of the Code, and I will comply <br />with such provision before commencing the performance of 'the <br />i <br />Work of the Contract'." <br />'- <br />1.4.08 Time of C,omAlgtion and Liquidated Damages <br />It is agreed by the Contractor and the Owner that, in case all <br />construction called for under the contract completion schedule herein <br />as extended by delays approved by the Owner, damage will.be sustained <br />by the Owner, and, that it is, and will be impracticable or extremely <br />difficult to ascertain and determine the actual damages that Owner <br />will sustain in the event of and by reason of such delay. It is <br />therefore agreed that such damages shall be presumed to be in the f <br />amount of ($100.00) per day and that the Contractor will pay to the E <br />Owner, or Owner may 'retain from amounts otherwise payable to <br />Contractor, said amount for each day after failure to meet the <br />requirements of the contract's completion schedule. ; <br />In accordance with Government Code Section 4215, the Contractor shall <br />not be assessed liquidated damages for any delay in completion of the <br />" <br />project if such delay is caused by failure of the Owner to provide for <br />removal or relocation of existing utility facilities. <br />1,4.09 Surety Bonds <br />At the time of his delivery of the executed contract, the Contractor <br />shall furnish 'three (3) surety bonds, in duplicate. One as security <br />for faithful performance of the Contract, in the amount of One Hundred <br />Percent (100%) of the 'Contractor's bid. One as security for the <br />payment of all persons performing labor and furnishing material in <br />k <br />connection with the Contract, in ;the amount of One Hundred Percent <br />E <br />Nj <br />1.4-7 <br />71 <br />g <br />