Item 18 - Traffic Signal Installation at Segerstrom Avenue and Rosewood Avenue

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CITY OF SANTA ANA SPECIFICATIONS PROJECT NO.: 25-6030 TRAFFIC SIGNAL INSTALLATION AT SEGERSTROM AVENUE AND ROSEWOOD AVENUE ASA ......................American Standards Association CALTRANS ........California Department of Transportation FHWA..................Federal Highway Administration FRA ......................Federal Rail Administration FTA ......................Federal Transit Authority NASSCO..............National Association of Sewer Service Companies OCSD...................Orange County Sanitation District OCTA...................Orange County Transportation Authority SCG ......................Southern California Gas Company SCE ......................Southern California Edison Company 1-6 BIDDING AND SUBMISSION OF THE BID 1-6.2 Subcontractor Listing Add the following to this subsection: The Prime Contractor agrees to pay each Subcontractor under this prime contract for satisfactory performance of its contract no later than 10 days from the receipt of each payment the Prime Contractor receives from AGENCY. The Prime Contractor agrees further to release retainer payments to each Subcontractor within 30 days after the subcontractor's work is satisfactorily completed. 1-7 AWARD AND EXECUTION OF CONTRACT 1-7.1 General Add the following to this subsection: The award of the contract, if it is awarded, will be to the lowest responsive, responsible BIDDER whose proposal complies with all requirements described. The award, if made, will be made within 90 working days after the opening of the bids. No proposal shall be considered binding upon the AGENCY until the execution of the contract by the AGENCY. The date of the contract shall be the date the contract is executed by the AGENCY. The AGENCY reserves the right to waive minor irregularities in their consideration of the award of the bid. The award, if made, shall be by mutual consent in writing of the parties signatory to the contract. Alterations or deviations, increases or decreases, additions or omissions, in the plans and specifications may be made and the same shall in no way affect or make void the contract. 1-7.2 Contract Bonds Add the following to this subsection: The bonds shall be executed by the successful BIDDER and returned within ten (10) business days after the successful BIDDER has received notice that the contract has been awarded. Each bond shall incorporate, by reference, the contract and shall be signed by both the BIDDER and Surety. The signatures of the BIDDER and the authorized agent of the Surety shall be notarized.