Common use of Design and Bid Clause in Contracts

Design and Bid. Upon receipt of the Escrow in the amount of 110% of the City’s estimated cost, the City shall design, or cause to be designed, and bid construction of the applicable water main(s) as soon as reasonably possible. The City shall notify Sundance upon receipt of the actual bids, and the amount of the Escrow shall be either increased or decreased to match 100% of the actual lowest responsible bid.

Design and Bid. Upon receipt of the Escrow in the amount of 110% of the City’s estimated cost, the City shall design, or cause to be designed, and bid construction of the applicable water main(s) S. 40th Street Water Main as soon as reasonably possible. The City shall notify Sundance the Parcel Owner upon receipt of the actual bids, and and, the amount of the Escrow shall be either increased or decreased to match 100% of the actual lowest responsible bid.

Design and Bid. Upon receipt of the Escrow in the amount of 110100% of the City’s estimated costlowest responsible bid, the City shall design, or cause to be designed, and bid construction of the applicable water main(s) 98th Street Water Main as soon as reasonably possible. The City shall notify Sundance the Developer upon receipt of the actual bids, and and, the amount of the Escrow shall be either increased or decreased to match 100% of the actual lowest responsible bid.