Res 1999-188 - Laserfiche WebLink

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ade~~ately protected. If such a determination has not been made, the minimum requirements shall be as follo~s: II) A bid guarantee from each bidder equivalent to five percent c: the bid price. The "bid guarantee' I shall consist of a firm commitme~: such as a bid bond, certified check, or other negotiable instrument accompanying a bid as assurance that the bidder will, upon acceptance of his bid, execute such contractual documents as may be required within the time specified. (2) A performance bond on the par: of the contractor for 100 perc~~: of the contract price. A "performance bond' I is o~e executed in connection with a contract to secure :~lfillment c: all the contractcr's obligations under such contract. (3) A payment bond on the part of the contractor for 100 percent of the contract price. A "paI~ent bond" is one exec~:ed in connection with a contract to assure payment as required by la~ of all persons supplying labor and material in the execution of the work provided for in the contract. (i) Contract provisions. A grantee's and subgrantee's contracts must contain provisions in paragraph (i) 0: this section. Federal agencies are permitted to require changes, remedies, changed conditions, access and records retention. suspension of ~ork, and other clauses approved by the Office of Federal Procurement Policy. (11 Administrative, contractual, or legal remedies in instances where contractors violate or breach centract terms, and provide for s~ch sanctions and penalties as may be appropriate. (Contracts more than the simplified acquisition threshold) (2) Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) (3) Compliance with Executive Order 11246 of September 24, 1965, entitled '-Equal Employment Opportunity, " as amended by Executive Order 11375 of October 13, 1967, and as supplemented in Department of Labor regulations (41 CFR chapter 60). (All construction contracts awarded in excess of $10,000 by grantees and their contractors or subgrantees) (4) Compliance with the Copeland "Anti-Kickback" Act (18 D.S.C. 874) as supplemented in Department of Labor regulations (29 CFR part 3). (All contracts and subgrants for construction or repair) (5) Compliance with the Davis-Bacon Act (40 D.S.C. 276a to 276a-7) as supplemented by Department of Labor regulations (29 CFR part 5) . (Construction contracts in excess of $2000 awarded by grantees and subgrantees when required by Federal grant progran legislation) (6) Compliance with Sections 103 and 107 of the Contract Work Hours and Safety Standards Act (40 U.S.C. 327-330) as supplemented by Department of Labor regulations (29 CFR part 5). (Construction contra:::ts awarded by grantees and subgrantees in excess of $2000, and in excess of $2500 for other contracts which involve the employment of mechanics or laborers) (7) Notice of awarding agency requirements and regulations pertaining to reporting. (8) Notice of awarding agency re~~irements and regulations pertaining [[Page 417]] to patent rights with respect to any discovery or invention which arises or is developed in the course of or under such contract. (9) Awarding agency requirements and regulations pertaining to copyrights and rights in data. (10) Access by the grantee, the subgrantee. the Federal grantor agency. the Comptroller General of the United States, or any of their duly authorized representatives to any books, documents, papers, and - ....~. ~ .t ~ ~ ()-.:'.l :: ,-,\~ -:-..