AgdaPkt 2005-12-05 - Laserfiche WebLink

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6./LJ- ð payment by the contractor of any wage rate in excess of the prev~iling wage rates on file as afore$aid. The possibility of a wage increase is one of the elements to be considered by the contractor in determining hislher or its bid and will not, under any circumstances, be considered as the basis of a claim against the City on the contract. D. Bidders are hereby notified that if the contract will be entered into or financed by or . . with the assistance of agencies of the United States, the City must comply with federal prevailing wage requirements. A copy of the current prevailing rates under federal law is included in the "Special Provisions" for this project if so required by federal law. E. Notice is also hereby given that all bidders may be required to furnish a sworn statement of their financial responsibility, technical ability, and experience before award is made to any particular bidder. ' F. Each bid shall be made, out on a form to, be obtained at the Office of the Public Works Services Director at 1400 Broadway, Redwood City, California; shall be sealed and filed with the City Clerk at 1017 Midd!efield Road, Redwood City, California, 94063, on or before Wednesday, Novèmber 9, 2005 at 3:00 P.M. and will be opened at or about 3:00 P.M. of that day at the City Clerk at 1017 Middlefield, Redwood City, California. ' G. . The City reserves the right to reject any or all bids or waive any informality in a bid. No bidder may withdraw his bid for a period of thirty (30) days after the date set for the opening thereof. H. J. You should be aware that all bidders supplying 2005/2006 - ASPHALT CONCRETE MATERIALS for Redwood City are required to present evidence of Workers' Compensation Insurance coverage. . K. .. The purchase agreement shall cover a three fiscal year period from July 1, 2005" through June 30, 2008. " L. Asphalt concrete materials pricing: . The bid will be awarded based on the unit prices for the estimated bid quantities. The unit price may fluctuate based on a monthly comparison of the California Statewide Paving Asphalt Price Index (Index). The Index in place the date the contract is awarded shall become the Base Index. A current Index is established on the first day of each month,. On the fifth (5th) day of each month, the unit price payable for asphalt concrete will be increased or decreased in conformance with the provisions of this section for paving asphalt price fluctuations exceeding ten (10%) percent (Iullb is greater than 1.10 or less than .90) which occur during the 5