Emulsified Asphalt

Proposals must be accompanied by security in the amount of ten percent (10%) of the amount of the bid as a guarantee that the successful bidder will enter into the required contract and in the form specified in MCA 18-1-203, for example: cash, cashier's check, certified check, bank money order, or bank draft, any of which must be drawn and issued by a national banking association located in the state of Montana or a banking association incorporated under the Laws of Montana; or a bid bond or bond executed by a surety corporation authorized to do business in the state of Montana. The term "Bidder" means one who submits a Bid directly to OWNER, as distinct from a subbidder, who submits a bid to a BIDDER. The term "Successful Bidder" means the lowest, qualified, responsible and responsive BIDDER to whom OWNER (on the basis of OWNER's evaluation as hereinafter provided) makes an award. The term "Bidding Documents" includes the Invitation to Bid , Instructions to Bidders, the Bid Form, Bond Forms, the proposed Contract, and the Proposed Contract Documents (including all Addenda issued prior to receipt of Bids). BID SECURITY 6.1 Each Bid shall be accompanied by Bid Security made payable to OWNER in an amount of ten percent (10%) of the BIDDER'S maximum Bid price and in the form of cash, a cashier's check, bank money order, or bank draft, in any case drawn and issued by a national banking association located in Montana or by any banking corporation incorporated under the laws of Montana; or a Bid Bond (on form attached if a form is prescribed) issued by a surety authorized to do business in Montana. Bid Bonds shall be countersigned by a Resident Montana Agent. 6.2 All such Bid Security shall be returned to the respective BIDDERS within three (3) days after bids are opened except those of the three (3) low BIDDERS which may be retained for a period not to exceed forty-five (45) days or until the successful bidder has executed the contract. Thereafter, all remaining guarantees, including the guarantee of the successful bidder, will be returned. Should the successful bidder fail or refuse to enter into the contract in the form prescribed, with legally responsible sureties, within ten (10) days after the award is made by the Commissioners, his proposal guarantee will be forfeited to Missoula County as liquidated damages. 7.0 CONTRACT TIME 7.1 Delivery date will be between August 7th and August 31st, 2023. Actualy delivery dates will be determined with the subsequent Professional Services Agreement.

Division 01 -	General Requirements.
Division 10 -	Specialties.
Division 11 -	Equipment.