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CITY OF SANTA ANA <br /> SPECIFICATIONS <br /> PROJECT NO.: 25-6030 <br /> TRAFFIC SIGNAL INSTALLATION AT SEGERSTROM AVENUE AND ROSEWOOD <br /> AVENUE <br /> ASA American Standards Association <br /> CALTRANS California Department of Transportation <br /> FHWA Federal Highway Administration <br /> FRA Federal Rail Administration <br /> FTA Federal Transit Authority <br /> NASSCO National Association of Sewer Service Companies <br /> OCSD Orange County Sanitation District <br /> OCTA Orange County Transportation Authority <br /> SCG Southern California Gas Company <br /> SCE Southern California Edison Company <br /> 1-6 BIDDING AND SUBMISSION OF THE BID <br /> 1-6.2 Subcontractor Listing <br /> Add the following to this subsection: <br /> The Prime Contractor agrees to pay each Subcontractor under this prime contract for satisfactory <br /> performance of its contract no later than 10 days from the receipt of each payment the Prime <br /> Contractor receives from AGENCY. <br /> The Prime Contractor agrees further to release retainer payments to each Subcontractor within 30 <br /> days after the subcontractor's work is satisfactorily completed. <br /> 1-7 AWARD AND EXECUTION OF CONTRACT <br /> 1-7.1 General <br /> Add the following to this subsection: <br /> The award of the contract, if it is awarded, will be to the lowest responsive, responsible BIDDER <br /> whose proposal complies with all requirements described. The award,if made,will be made within <br /> 90 working days after the opening of the bids. <br /> No proposal shall be considered binding upon the AGENCY until the execution of the contract by <br /> the AGENCY. <br /> The date of the contract shall be the date the contract is executed by the AGENCY. <br /> The AGENCY reserves the right to waive minor irregularities in their consideration of the award <br /> of the bid. The award, if made, shall be by mutual consent in writing of the parties signatory to <br /> the contract. Alterations or deviations,increases or decreases, additions or omissions, in the plans <br /> and specifications may be made and the same shall in no way affect or make void the contract. <br /> 1-7.2 Contract Bonds <br /> Add the following to this subsection: <br /> The bonds shall be executed by the successful BIDDER and returned within ten(10)business days <br /> after the successful BIDDER has received notice that the contract has been awarded. Each bond <br /> shall incorporate, by reference, the contract and shall be signed by both the BIDDER and Surety. <br /> The signatures of the BIDDER and the authorized agent of the Surety shall be notarized. <br /> 3 <br />