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fied, the Owner may have the option to annul the award and retain the Bid Se- <br />curity accompanving the Bid as liquidated damages and not as a penalty. This <br />shall not be the sole remedy of the Owner but upon default by the Bidder the <br />Owner may adopt any legal remedy which it may see fit to adopt. <br />1.4 RETURN OF BID SECURITY <br />All Rid Securities, except that of the lowest responsible bidder, will be re- <br />turned within 30 days after the date of the opening of Proposals unless stated <br />otherwise in the Special Pro•tisions. The Bid Security of the lowest respon- <br />sible bidder will be returned upon receipt of the properly executed Agreement <br />and Bond. <br />3.5 NOTICE TO PROCEED <br />The date of commencement of the Work is the date set forth in the Notice to <br />Proceed. Thereupon, the Contractor shall begin and shall prosecute the Work <br />regularly and without interruption, unless otherwise directed in writing by <br />the Owner, with such manpower and equipment as is necessary to complete the <br />Work within the time stated in the Contract Documents. <br />3.6 CONTRACT TIME; <br />The Contractor shall complete, in an acceptable manner, all of the Work con- <br />tracted for in the time stated in the Contract Documents, subject only to <br />extension for unforeseeable delays above and beyond the control of the Con- <br />tractor and his Subcontractors and without their fault or negligence. Written <br />notice of the Contractor's claim for such extension shall be given within ten <br />(10) days of the occurrence of the event giving rise to the claim; otherwise <br />the claim shall he waived. <br />3.7 SCHEDULE OF COMPLETION <br />The Contractor shall submit, at such time as may rea:,onably be requested by <br />the Engineer, schedules which shall show the order in which the Contractor <br />proposes to carry on the Work, with dates at which thy- Contractor will start <br />the several parts of the Work and estimated dates of completion of the several <br />parts. <br />3.8 COMP11TATION OF TIME <br />When any period of time is referred to in the Contract Documents by day;, it <br />shall be computed to exclude the first and include the last day of such per- <br />iod. If the last day of any such period falls on a Saturday or Sunday or on a <br />day made a legal holiday by the law csf the applicable jurisdiction, such day <br />shall be omitted from the computation. <br />- 8 - <br />1/85 - 8505b <br />Copyright 19AS <br />Sonestroo, Rosene, Andetlik <br />6 Associates, Inc. <br />