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- ~ = = = = = = == ~ = = = == = = -- = = = =- - - - GENERAL CONDITIONS BID AND PROPOSAL CONSTRUCTION CONTRACT 1--11 Units 1. Under $10; 000 . 00 You are invite d to s11bmit a propos al fGr improver:1•:c:nts list,ed on the enclosed work wri te-·up to p r operty l cc at e i at 2. Should you subm.i t a bid it must te re·:::eived in a :::eal e d envelor e a ddressed to care of (the prope rty owner) Model Cit i es N. D. P . J

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Georgi a JOJlO, not later 'than 10:00 A.M . ___ J

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Atl ada, a-t. which time bids will be opened and putl ically read. J. The t i d and proposal s ha11 te ac c ept.ed by the owner with .: r 30 da.ys 0f the bi d opening date . No work shall be commenced by the contractor u.ntil he has received a writ ten proceed order from tr1c: owner . h. The owner is obligate d to i ssue a written procee d ordEr ,,,ithin 30 days from the dat e of acc eptance of t he bid. Should the order r,ot t e r 2c ei •1ed ly t he contractor within this JO day period, the contract or has the opncn of wit hdraw i_ng h is bid . v 5. The contractor mus t b e gin wurk wi thin 10 days aft er i ss ..tane,e of the p ro ceed 1 order . ( 6. The contractor mus t s atisfact orily complete the work within JO calendar day s after the i ssuane e of the proc eed or der. v 7. 'l'he contractor will be paid the contract price jn or1e lump- sum amount after the work i s satis factorily completed except that one progres s payrr,ent may be paid on contracts e xceedin g $ 5 ,000 .00. A progr es s exceed 80% of the val11e


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payment s hall not t he work s ati s factor ily completed . Payments due the contract or wi11 be paid within 20 days after receipt of the c ontractor's invoice and s atis factory r el e a se of l i ens or clai ms for liens. by sub--contr-actors, labor·er-s , and mat e r ial s upplier s for complet ed work or ins talled materials . v8. The contractor i s required t o : a. Furni!::h evidenc e of comprehens ive public liability ins urance coverage prote cting the owne r for not l ess thail $ 50 _,000 .00 i n the ev ent of b odily injury in.cJ. uding death and $25,000 . 00 in the event of prope rty damage a r i sj_ng out of the ' wo rk p erforn.e d by the cont r ac t or _; and ev i d.E-r.c e of i n s uran ce or oth e r cover age r e qu ired under the l aw g·)ve rn i ng workman I s compens ation . �