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irregularities or informalities in any bid. Bids received after the specified time of <br /> closing will be returned unopened. <br /> 10. PAYMENTS <br /> 10.1 Payment for all WORK performed under the proposed CONTRACT will be issued <br /> and paid as provided in the GENERAL CONDITIONS, or as modified by the <br /> SPECIAL PROVISIONS. <br /> 11. TIME OF COMPLETION <br /> 11.1 The time of completion is an essential part of the CONTRACT and it will be <br /> necessary for each BIDDER to satisfy the OWNER of this ability to complete the <br /> WORK within the allowable time. Attention is directed to the provisions of the <br /> GENERAL CONDITIONS and SPECIAL PROVISIONS relative to delays, <br /> completion dates, extension of time, and liquidated damages. <br /> 12. LIST OF SUBCONTRACTORS <br /> 12.1 All BIDDERS shall list in the space provided on the proposal form the name of the <br /> CONTRACTOR or SUBCONTRACTOR proposed to perform the major items of <br /> WORK shown. This list of CONTRACTORS or SUBCONTRACTORS shall be <br /> considered part of the proposal and must be filled out completely on each proposal <br /> submitted. Deviation from this list after the contract has been awarded shall require <br /> a change order in the contract. The OWNER reserves the right to reject any BIDS <br /> which do not conform to this requirement and award the contract in the best interest <br /> of the OWNER. <br /> IB -4 <br />