03-12-1984 Council Packet - Laserfiche WebLink

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1.6 SUBCONTRACTOR The Subcontractor is the person or other entity having a direct contract ••ith the Contractor and acts for or on behalf of the Contractor in executing any part of the Contract, but does not include any separate Contractor or his subcontractor or any material suppliers. 1.7 PROPOSAL The Proposal is the offer of a bidder to perform the work described in the Bid Documents when made out and submitted on the prescribed Proposal form, properly signed and secured. 1.8 BID SECURITY The Bid Security, where required by the Advertisement or Information to Bidders, is a cashier's or certified check, cash or Bid Bond accompanying the Proposal submitted by the bidder, pledging that the bidder will enter into an Agreement with the Owner for the carrying out of the Work, should the contract for the Work be awarded to him. 1.9 AGREEMENT The Agreement is the written contract between the Owner and Contractor covering the performance of the Work described in the Contract Documents. Other Contract Documents are attached to the Agreement. 1.10 PERFORMANCE AND PAYMENT BONDS The Performance and Payment Bonds are the approved form of security furnished by the Contractor and his Surety prior to the execution of the Agreement as a pledge of good faith on the part of the Contractor and the Surety in the event of the Contractor's default, covering the Contractor's faithful performance under the Contract Documents and the payment of all ogiigations arising thereunder. 1.11 BIDDER A Bidder is an individual or other entity submitting a Proposal for the advertised Work. 1.12 SURETY A Surety is the perso or other entity executing the Contractor's Performance and Payment Bonds. 1.13 SPECIFICATIONS %, The Specifications consist of the General and Specific Requirements pertaining to the Work. R1 - 2 - 3526a 4/81