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CITY OF SA14TA ANA SPECIFICATIONS - PROPOSAL PROJECT NO. 16.6849 CITYWIDE CONCRE'1 E II. 'II'ROV'EMEN'1'S M121,4JV'5.c6,'>TA,TEMME 7' BIDDER understands and agrees that this Bid Proposal, Contract Documents and subsequent Constructiori. Contract Agreement shall constitute the entire agreement between BIDDERand the AGENCY only after it has been accepted by the City Council, endorsedby the Clerk of the Council with her signature and official seal noting hereonthe action of approval of the Cocmcll„ signed by the Public Works Agency Executive Dimclor or his/her duly authorized agent, and signed by Ilio City Attorney, de,rroting his approval of the form of this document, and its execution, and when it or an exact copy of it has been either delivered to BIDDER or deposited with the United States Posted Service properly adds-essed to the BIDDER with the correct hostage affxer.11thereto. BIDDER further agrees that upon delivery (as dellned above) of the accepted agreement he/sire will furnish AGENCY all required bonds and certificate of liability insurance within ter. (10'l business days or the funds, check, draft, or BIDI)ERS bond substituted in lieu thereof accompanying this proposal :shalll become the property of the AGENCY and shall be considered as payment of damages due to the delay and other carnes suffered by AGENCY because; of the. failure to furnish the necessary bonds and because it is distinctly agreed that the proof of damages actually suffered :is difficult to ascertain; otherwise said fiends, check, drafts, or BIDDILR'S bund substituted in lieu thereof shall be returned to the unrdersigned. BI1 DE"'R understands Haat a'bid isrequired for the entire work, the estimated quantities set forthr in the bid schedule are solely for the purpose of coinparing bids, and that final compensation under the: contract will t)e'based upon the actual quantities of work satisfactorily completed. The BII:).DER. also certifies that the bid is a balanced bid. In accordance with Section 7028.15 of the California Business and ;Professions Conde, llae undersigned certifies under penalty of perjury that the: foregoi,ng is true and correct Name Signs Title (if an. (If a firm or co -partnership„ state the firm name and give the names of all individual co-partners composing the firm. If a corporation, state tegal narne of corporation, and names of President, Secretsrry,'Freasarerr and M:anager,, thereof:) 131'-4