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<br />--I <br />I <br /> <br />. <br /> <br />Bidder understands that the Owner reserves the right to reject any or <br />all bids and to waive any formalities in the bidding. <br /> <br />The Bidder agrees that this bid shall be good and may not be withdrawn <br />for a period of sixty (60) calendar days after the scheduled closing time <br />for receiving bids~ <br /> <br />I <br /> <br />It is understood that this bid becomes a part of the contract documents <br />upon the signing of the contract, and failing to comply with any part of <br />~his bid will be taken as a failure to comply with said contract and will be <br />just cause for rejection of the work. <br /> <br />Upon receipt of notice of the acceptance of this bid, bidder will execute <br />the formal contract attached within five days and deliver a Surety Bond for <br />the faithful performance of this contract. The bid security attached without <br />endorsement in the sum of 5% (percent) of b1d <br />($ ) is to become the property of the City of san Marcos, <br />Texas, in the event the contract and bond are not executed within the time <br />above "set forth, as liquidated damages for the delay and additional work <br />caused thereby. <br /> <br />Respectfully submitted: <br /> <br />. <br /> <br /> <br />Owner <br /> <br />By: <br /> <br />I <br /> <br />(SEAL: If bid is by a <br />corporation) <br /> <br />(Title) <br />P.O. Box 6735 <br />San Anton1o, Texas <br /> <br />(Business Address) <br /> <br />. <br /> <br />- <br /> <br />Cf3f3 <br />