Bids received after this time will not be accepted and will be returned unopened. The Work includes the following principal items: Crack Repair, Seal Coat, & Remarking of Airfield Pavement Total Contract Time for completion of the work is thirty (30) calendar days. Liquidated damages for delay will be in the amount of $1,000.00 per calendar day that the project remains incomplete after the specified completion time Not later than ten (10) days prior to the date of opening of BIDS, all questions about the meaning or intent of the Contract Documents shall be submitted to ENGINEER in writing. Replies will be issued by Addenda, mailed or delivered to all parties recorded by ENGINEER as having received the Bidding Documents. Failure of any BIDDER to receive any such Addendum or interpretation shall not relieve BIDDER from any obligation under this BID as submitted. Questions received less than ten (10) days prior to the date of opening of BIDS will not be answered. Only questions answered by formal written Addenda will be binding. Oral and other interpretations or clarifications will be without legal effect. Bid Security: Each BIDDER must deposit with his BID, as Bid Security, a Bid Bond payable to the OWNER in an amount equal to five (5) percent of the total amount Bid, but in no case more than $10,000.00. Contract Security: The Successful BIDDER will be required to furnish separate performance and payment bonds payable to the OWNER. Each bond shall bein an amount equal to 100% of the Contract Price as security for CONTRACTORS faithful performance and payment of all obligations under the Contract Documents. No BID may be withdrawn by the BIDDER within ninety (90) days after actual date of opening thereof. BIDS in the case of corporations not chartered in Alabama, must be accompanied by proper certificate evidencing that such corporation is authorized to do business in the State of Alabama. Bids are to be based upon prevailing wages in Marshall County, Alabama; and in no caseare wages considered less than those predetermined by the Secretary of Labor, a schedule of which is contained in the Contract Documents. The Owner reserves the right to refuse to issue a proposal form to a prospective bidder should such bidder be in default for any of the following reasons: (a) Failure to comply with any prequalification regulations of the Owner, if such regulations are cited, or otherwise included, in the proposal as a requirement for bidding. (b) Failure to pay, or satisfactorily settle, all bills due for labor and materials on former contracts in force (with the owner) at the time the owner issues the proposal to a prospective bidder. (c) Contractor default under previous contracts with the Owner. (d) Unsatisfactory work on previous contracts with the Owner. The Successful BIDDER whether a resident or nonresident shall be required to comply with all City, County and State licensing and/or permit laws. Any contract(s) awarded pursuant to this ADVERTISEMENT FOR BIDS may be funded in part by a grant from the U.S. Department of Transportation, Federal Aviation Administration. Neither the United States nor any of its departments, agencies or employees is or will be a party to this ADVERTISEMENT FOR BIDS or any resulting contract. This procurement will be subject to regulations contained in Airport and Airway Department Act of 1982, as amended. The OWNER reserves the right to reject any and all BIDS, to waive any informalities or irregularities in the BIDS received, and to accept the BID which is deemed most favorable to the OWNER at the time and under the conditions stipulated.