Storm Repairs at San Simeon Creek MP 2.542 This project will provide road reconstruction, installation of rock slope protection and slope repairs at San Simeon Creek Road MP 2.542. These corrective repairs are needed to ensure safe passage by the public and emergency vehicles. Each Bid shall be accompanied by Bid Security consisting of: (a) cash; (b) a certified check made payable to the County; (c) a cashier's check made payable to the County; or (d) a bidder's bond in favor of the County executed by the bidder as principal and surety as obligor, in an amount not less than 10% of the total Bid. The successful bidder shall deliver to the County two (2) fully executed, identical counterparts of the performance bond and payment (labor and materials) bond in the form supplied by the County and included in the Contract Documents. The penal amount of each bond shall be for one hundred percent (100%) of the total Contract Price. A pre-bid conference will not be held for this Contract. A Goals for minority participation for each trade: 24.6% B. Goals for female participation in each trade: 6.9% Therefore agreed that the Contractor will pay to the County of San Luis Obispo the sum of Three thousand six hundred dollar ($3,600.00) per day for each and every calendar days delay in finishing the work in excess of the number of working days prescribed above as liquidated and agreed damages; and the Contractor agrees to pay said liquidated damages herein provided for, and further agrees that the County may deduct the amount thereof from any moneys due or that may become due the Contractor under the contract. The County reserves the right to reject any or all bids, and to waive discrepancies, irregularities, informalities, or any other error in the bid or bidding, if to do so seems to best serve the public interest. The right of the County to waive errors applies even if the Contract Documents state that a discrepancy, irregularity, informality, or other error make a bid nonresponsive, so long as the error does not constitute a material error.