Common use of BASIS OF BID Clause in Contracts

BASIS OF BID. ‌ 5.01 Bidder will complete the Work in accordance with the Contract Documents for the following Lump Sum and Unit Price(s): SCHEDULE OF PRICES Estimated Bid Unit 1 Bonds and Insurance LS 1 2 Mobilization and Demobilization LS 1 3 Testing Allowance LS 1 $10,000 $10,000 4 Erosion and Sediment Control, including all silt sock and concrete washouts. LS 1 8 Erosion Control Blankets SF 390 9 Tree Protection Fence LF 100 10 Removal of Existing Trail Path SY 899 11 Removal of Concrete Pads, including benches and tables to be returned to owner. EA 6 13 Asphalt Trail SY 930 14 ADA Accessible Bench, including concrete pad. EA 5 15 ADA Accessible Table, including concrete pad. EA 4 16 Allowance for Miscellaneous work ordered by the Owner and/or Engineer LS 1 $15,000 $15,000 Total of All Lump Sum and Unit Price Items 1 through 16 equals the Total Bid Price $ The Contract will be awarded to the responsive Bidder with the lowest Total Bid Price of all Lump Sum and Unit Price bid items. Bidder acknowledges that (1) each Bid Unit Price includes an amount considered by Bidder to be adequate to cover Contractor’s overhead and profit for each separately identified item, and (2) estimated quantities are not guaranteed, and are solely for the purpose of comparison of Bids, and final payment for all unit price Bid items will be based on actual quantities, determined as provided in the Contract Documents. The use of the word “complete” or “in place” in the Schedule of Prices shall be understood to mean the item of Work includes all labor, materials, tools, equipment, excavation (regardless of material encountered), backfill, restoration, reseeding and incidental work necessary to complete the item. All specified cash allowances are included in the price(s) set forth above, and have been computed in accordance with Paragraph 13.02 of the General Conditions.

Appears in 1 contract

Sources: Bid Form

BASIS OF BID. 5.01 Bidder will complete the Work in accordance with the Contract Documents for the following Lump Sum and Unit Price(s): SCHEDULE OF PRICES Estimated Bid Unit 1 Bonds and Insurance LS 1 2 Mobilization and Demobilization LS 1 3 Testing Allowance LS 1 $10,000 $10,000 4 Erosion and Sediment Control, including all silt sock and concrete washouts. LS 1 8 Erosion Control Blankets SF 390 9 Tree Protection Fence LF 100 50 10 Removal of Existing Trail Path SY 899 11 Removal of Concrete Pads, including benches and tables to be returned to owner. EA 6 12 Site Grading SY 4333 13 Asphalt Trail SY 930 827 14 ADA Accessible Bench, including concrete pad. EA 5 15 ADA Accessible Table, including concrete pad. EA 4 16 Allowance for Miscellaneous work ordered by the Owner and/or Engineer LS 1 $15,000 $15,000 Total of All Lump Sum and Unit Price Items 1 through 16 equals the Total Bid Price $ The Contract will be awarded to the responsive Bidder with the lowest Total Bid Price of all Lump Sum and Unit Price bid items. Bidder acknowledges that (1) each Bid Unit Price includes an amount considered by Bidder to be adequate to cover Contractor’s overhead and profit for each separately identified item, and (2) estimated quantities are not guaranteed, and are solely for the purpose of comparison of Bids, and final payment for all unit price Bid items will be based on actual quantities, determined as provided in the Contract Documents. The use of the word “complete” or “in place” in the Schedule of Prices shall be understood to mean the item of Work includes all labor, materials, tools, equipment, excavation (regardless of material encountered), backfill, restoration, reseeding and incidental work necessary to complete the item. All specified cash allowances are included in the price(s) set forth above, and have been computed in accordance with Paragraph 13.02 of the General Conditions.

Appears in 1 contract

Sources: Bid Form