The work described herein shall be added to the scope of work defined by the contract documents or it shall modify the scope of work defined by the contract documents as described. This work shall become a part of the contract documents by addendum. The Owner reserves the right to reject any and all proposals and to waive any informality in proposals. No proposal shall be withdrawn within 30 days after the proposal opening without the specific consent of the Owner. PROPOSAL BOND: A Bidder's Bond from a bonding company acceptable to the Owner, or a cashier's check, or a certified check, in an amount equal to or greater than 5% of the greatest amount proposed must accompany each proposer's proposal. PAYMENT BOND AND PERFORMANCE BOND: A Payment Bond and Performance Bond, each in an amount equal to or greater than 100% of the Contract Sum conditioned upon the faithful performance of the Contract will be required. Please note that all bonding companies presented must be acceptable to the Owner. QUALIFICATION STATEMENTS: Proposers are required to comply with certain procedures as enumerated in the Instructions to Proposers regarding qualification of Proposers. The prevailing rates of wages are the minimums that must be paid in conformance with all applicable laws of the State of Texas. All Contractors submitting a proposal are encouraged to attend the proposal opening. Subcontractors and Suppliers intending to submit proposals to General Construction Proposers are required to prepare their proposal/bids based on a complete set of documents. If after reviewing the complete set of documents, Subcontractors and Supplier Proposers desire to purchase individual drawings and specification sections for their convenience, they may do so by ordering the specific drawings and specifications directly from the reproduction company. Each proposer purchasing a partial set of documents is responsible for determining exactly which documents he requires and is responsible for all costs associated with printing and delivery. Contractor requested RFI for project construction budget. Construction budget is $2,750,000. Subcontractors and Suppliers exercising this option must agree to do so on the basis that 1) all documents shall be returned to the Engineer, without refund, after receipt of proposals and 2) documents shall not be used on other construction projects. Successful Subcontractors and Supplier Proposers may retain their Documents until completion of the construction. All Contractors submitting a proposal are encouraged to visit the site. LIQUIDATED DAMAGES Undersigned understands that liquidated damages as defined in the Supplementary Conditions will be included in the form of Agreement between Owner and Contractor and that the Contractor will be bound thereto. Substantially Complete by July 26, 2024. A schedule is to be uploaded on Ion Wave that must include the following milestone dates.