Submittal. One copy of the Escrowed Bid Documents shall be submitted by the successful Contractor in a sealed container within seventy-two (72) hours after the time of the notice of award. The container shall be clearly marked on the outside with the Contractor’s name, date of submittal, project names and the words “Escrowed Bid Documents.” The Escrowed Bid Documents shall be accompanied with the bid Documentation Certification, signed by an individual authorized by the Contractor to execute the bidding proposal, stating that the material in the escrow documentation constitutes all the documentary information used in preparation of the bid and that he or she has personally examined the contents of the Escrowed Bid Documents container and has found that the documents in the container are complete. Prior to execution of the Construction Contract, Escrowed Bid Documents of the Contractor will be examined, organized and inventoried by representatives of the Owner, together with members of the Contractor’s staff who are knowledgeable in how the bid was prepared. This examination is to insure that the Escrowed Bid Documents are authentic, legible and complete. It will not include review of, and will not constitute approval of, proposed construction methods, estimating assumptions, or interpretations of Contract Documents. Examination will not alter any condition(s) or term(s) of the Contract Documents. If all the documentation required in Section 4, “Format and Content” has not been included in the original submittal, additional documentation shall be submitted, at the Owner’s discretion, prior to execution of the Construction Contract. The detailed breakdown of estimated costs shall be reconciled and revised, if appropriate, by agreement between the Contractor and the Owner before executing the Construction Contract. Timely submission of complete Escrowed Bid Documents is an essential element of the Contractor’s responsibility and a prerequisite to Construction Contract execution. Failure to provide the necessary Escrowed Bid Documents will be sufficient cause for the Owner to reject the bid. If the Contractor’s proposal is based on subcontracting any part of the work, each subcontractor, whose total subcontracting prices exceeds five percent of the total contract price proposed by the Contractor, shall provide separate Escrowed Bid Documents to be included with those of the Contractor. These documents will be opened and examined in the same manner and at the same time as the examination described above for the apparent successful Contractor. If the Contractor wishes to subcontract any portion of the work after the award, the Owner retains the right to require the Contractor to submit Escrowed Bid Documents and other applicable quotation documents from the subcontractor before the subcontract is approved.
Appears in 5 contracts
Samples: Fixed Price Construction Contract, Fixed Price Construction Contract, Fixed Price Construction Contract
Submittal. One copy of (i) The Concessionaire will submit the Escrowed Bid Escrow Documents shall be submitted by in sealed containers, the successful Contractor Construction Escrow Documents in a sealed container within seventy-two (72) hours after one and the time of Financing Escrow Documents in another, to the notice of award. The container shall be Department, which containers have been clearly marked on the outside with the ContractorConcessionaire’s name, date of submittalreference to the Project, project names and the words “Escrowed Bid I-95 HOV/HOT Lanes Project Construction Escrow Documents,” “I-95 HOV/HOT Lanes Project Financing Escrow Documents,” “I-395 Project Construction Escrow Documents” and “I-395 Project Financing Escrow Documents,” as applicable.” The Escrowed Bid Documents shall be accompanied with
(ii) On or before the bid Documentation CertificationAgreement Date or the Amended and Restated Agreement Date, signed by an individual authorized by the Contractor to execute the bidding proposalas applicable, stating that the material in the escrow documentation constitutes all the documentary information used in preparation of the bid and that he or she has personally examined the contents of the Escrowed Bid Documents container and has found that the documents in the container are complete. Prior to execution of the Construction Contract, Escrowed Bid Documents of the Contractor will be examined, organized and inventoried by representatives of the OwnerDepartment, together with assisted by members of the ContractorConcessionaire’s staff who are knowledgeable in how the bid was Escrow Documents were prepared, will have examined, organized and inventoried the Escrow Documents. This examination is was to insure ensure that the Escrowed Bid Escrow Documents are authentic, legible and complete. It will did not include review of, and will does not constitute approval of, of proposed construction methods, estimating assumptions, or interpretations of any Project Agreements, including the Design-Build Contract Documentsand the TTMS Contract. Examination Such examination will not alter any condition(scondition or term of any Project Agreement.
(iii) or term(s) of the Contract Documents. If all the documentation required in Section 4, “Format and Content” has not been included in the original submittal, additional documentation shall be submitted, at the Owner’s discretion, prior to execution of the Construction Contract. The detailed breakdown of estimated costs shall be reconciled and revised, if appropriate, by agreement between the Contractor and the Owner before executing the Construction Contract. Timely submission of complete Escrowed Bid Escrow Documents as of the Agreement Date or the Amended and Restated Agreement Date, as applicable, is an essential element of the ContractorConcessionaire’s responsibility and a prerequisite to Construction Contract execution. Failure the execution and delivery of this Agreement by the Department.
(iv) To the extent the Concessionaire plans to provide the necessary Escrowed Bid Documents will be sufficient cause for the Owner to reject the bid. If the Contractor’s proposal is based on subcontracting contract out any part of the workWork as of the Agreement Date or the Amended and Restated Agreement Date, as applicable, the Concessionaire will cause each subcontractor, Contractor whose total subcontracting prices Contract price exceeds five percent 5% of the total contract price proposed by Project costs as set forth in the Contractor, shall Design-Build Contract or the TTMS Contract to provide separate Escrowed Bid Documents similar documentation to be included with those of the ContractorConcessionaire. These Such documents will be opened and examined in the same manner and at the same time as the examination described above for the apparent successful ContractorConcessionaire to the extent that they are relevant to the issue at hand. If the Contractor wishes to subcontract any portion of the work after the award, the Owner retains the right to require the Contractor to submit Escrowed Bid Documents and other applicable quotation documents from the subcontractor before the subcontract is approved.000 XXXXXX #00000000 x00
Appears in 1 contract
Samples: Comprehensive Agreement
Submittal. One copy of the Escrowed Bid Documents shall be submitted by the successful Contractor in a sealed container within seventy-two (72) hours after the time of the notice of award. The container shall be clearly marked on the outside with the Contractor’s name, date of submittal, project names and the words “Escrowed Bid Documents.” The Escrowed Bid Documents shall be accompanied with the bid Documentation Certification, signed by an individual authorized by the Contractor to execute the bidding proposal, stating that the material in the escrow documentation constitutes all the documentary information used in preparation of the bid and that he or she has personally examined the contents of the Escrowed Bid Documents container and has found that the documents in the container are complete. Prior to execution of the this Construction Contract, Escrowed Bid Documents of the Contractor will be examined, organized and inventoried by representatives of the Owner, together with members of the Contractor’s staff who are knowledgeable in how the bid was prepared. This examination is to insure that the Escrowed Bid Documents are authentic, legible and complete. It will not include review of, and will not constitute approval of, proposed construction methods, estimating assumptions, or interpretations of Contract Documents. Examination will not alter any condition(s) or term(s) of the Contract Documents. If all the documentation required in Section 4, “Format and Content” has not been included in the original submittal, additional documentation shall be submitted, at the Owner’s discretion, prior to execution of the this Construction Contract. The detailed breakdown of estimated costs shall be reconciled and revised, if appropriate, by agreement between the Contractor and the Owner before executing the this Construction Contract. Timely submission of complete Escrowed Bid Documents is an essential element of the Contractor’s responsibility and a prerequisite to Construction Contract execution. Failure to provide the necessary Escrowed Bid Documents will be sufficient cause for the Owner to reject the bid. If the Contractor’s proposal is based on subcontracting any part of the work, each subcontractor, whose total subcontracting prices exceeds five percent of the total contract price proposed by the Contractor, shall provide separate Escrowed Bid Documents to be included with those of the Contractor. These documents will be opened and examined in the same manner and at the same time as the examination described above for the apparent successful Contractor. If the Contractor wishes to subcontract any portion of the work after the award, the Owner retains the right to require the Contractor to submit Escrowed Bid Documents and other applicable quotation documents from the subcontractor before the subcontract is approved.
Appears in 1 contract
Samples: Fixed Price Construction Contract