The deposit will be refunded in full to the prime contract bidder when the hard copies of the Plans and Specifications have been returned to Repro Graphix within ten (10) days after the time set for receiving bids, in good re-usable condition. If the hard copies of the Plans and Specifications are returned after this ten (10) day limit, or in an unusable condition, the deposit shall be forfeited to cover the cost of reproduction. All mailing costs shall be paid by the bidder. The successful bidder shall, upon acceptance of its bid, be required to procure and pay for a Contractors Bond for Construction (Form 86A or AIA Form A312) in an amount equal to its contract price. Such bonds shall comply with all laws of the State of Indiana governing public contracts let by governmental units. Bids should be enclosed in a sealed envelope, addressed to the School Corporation, with the name and place of business of the bidder and the project name to which the bid relates on the envelope, all as more particularly set forth in the Instructions to Bidders. Bids submitted by mail should be addressed to Mr. Dan Sherry, Superintendent, North Spencer County School Corporation, 3720 East State Rd. 162, Lincoln City, IN 47552. No Bids received by fax or email will be accepted. No bids received by fax or email will be accepted. If a bid is mailed, the post office becomes the agent of the bidder and not that of the School Corporation. Bids should be made on the form included in the Project Manual which is based on the Indiana State Board of Accounts Form 96 (Revised 2013), and shall be accompanied by an acceptable certified check, cashier's check, or bid bond, executed by the bidder and an acceptable surety company, payable to the order of the School Corporation, in an amount not less than five percent (5%) of the total bid. In the event any bidder withdraws its bid or fails to execute a satisfactory contract or contracts and furnish a satisfactory performance bond or bonds within ten (10) days after a contract or contracts has been awarded to such bidder by the School Corporation, the School Corporation may declare its certified check or cashiers check or bid bond forfeited to the School Corporation as liquidated damages. The School Corporation shall have the right to accept any bid within sixty (60) days after the time of opening of the bids, during which time no bids shall be withdrawn; at any time to reject any and all bids for any reason at all; and to waive all formalities or irregularities in the bidding