The Engineer's estimated cost for this contract, including all cost items, is between $7,582,033.00 and $9,187,250.00 The bid deposit for this proposal is $367,000.00. The Metropolitan Water Reclamation District of Greater Chicago reserves the right to reject any or all proposals. *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document. Further, upon achieving substantial completion, the Contractor agrees to pay to the Water Reclamation District as liquidated damages, in accordance with Article 24 of the General Conditions, the sum of Three Hundred Dollars ($300.00) for each calendar day that he is in default of the time specified above by failing to complete the entire work, including successful completion of all punch list items and final clean-up. The Contractor agrees to pay to the Water Reclamation District as liquidated damages, in accordance with Article 24 of the General Conditions, the sum of Fifty Dollars ($50.00) for each calendar day that he is in default of the time specified in Article 23 of the General Conditions for submission of a responsive Monthly Work Plan, not to exceed Five Hundred Dollars ($500.00) per occurrence. The Contractor agrees to pay to the Water Reclamation District as liquidated damages, in accordance with Article 24 of the General Conditions, the sum of One Hundred Dollars ($100.00) for each calendar day that he is in default of the time indicated for the submission of the "AsPlanned" (Rev. 0) Work Schedule and responsive quarterly revisions to the Work Schedule per Article 23, not to exceed One Thousand Five Hundred Dollars ($1,500.00) per occurrence. Submittals must be complete; no partial submittals will be reviewed. The Contractor agrees to pay the Water Reclamation District as liquidated damages, the sum of One Hundred Twenty Five Dollars ($125.00) for each man-hour of additional submittal review work incurred by the District (including District's agent) beyond the maximum three (3) submittal reviews. Partial Contractor submittals that are returned by the District un-reviewed shall count as one of the three (maximum) review iterations. The determination, tally of incurred review man-hours, and assessment of Liquidated Damages shall be made by the Engineer and communicated to the Contractor via file letter correspondence.