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NO. Page2of3 (6) The low bidder shall be established according to the above quantities and unit prices. However the final contract amount shall be determined from multiplying the actual quantities constructed by the above unit prices. (7) Addenda: The Bidder hereby acknowledges that addendum instructions numbered have been received and/or the requirements therein have been incorporated in this Bid. (8) The Bidder agrees, if awarded the Contract, to execute and deliver to the Owner an Agreement in the form specified, together with satisfactory Performance and Payment Bends written on the form specified by a corporate surety acceptable to the Owner, within fifteen (15) calendar days after A written notification of said award. W (9) Holding of Bids: The undersigned agrees that this bid may not be with- drawn for a period of sixty (60) calendar days immediately following the date of receipt of bids. (10) Conclusion of work: The Bidder hereby agrees to commence work under this Contract on or before the time stipulated in the written "Notice to Proceed," in accordance wit*- the General :onditions, and to complete all work under this Contract on or before: (11) Bid Security: The Bidder submits the attached Bid Security in the form of a Certified Check, Cashier's Check, or Bid Bond, in accordance with the instructions to Bidders, zrawn to the order of Bmcton Strong The Bidder acknowledges the Bill Security may be retained by the Cwner. .. as specified in the Supplemental Instructions to Bidders and Rgrees if the Bidder defaults in executing the Contract -,,ithin the time set forth, or in furnishing the °erfor-narce Sand as specified, the check will r„ become the property of the Cwner for the Surety will osy the Cwner the amount of the bond) as li;uidated damaEes for the delay and additional expense to the Cwner caused thereby. I.r (U) In submitting this proposal, it is +.uiderstcod that t^e Cwner reserves the right to reJect any or all bids, to accent any alterrate(s; in any order or combination, arJ to waive any infor-s lities or irregularities ... in the or-msals.