COMPLIANCE INFO_COMPLIANCE INFO 1983-2007

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i PART 4 SALE OF GOVERNMENT PROPERTY INVITATION FOR BIDS NO. PAGE SPECIAL SEALED BID-TERM CONDITIONS A. BID DEPOSITS. Invitation for the bid opening, and, except for delay attributable to personnel of the sales office or their designees, would have been All bids must be accompanied by a bid deposit which must be received on time. In no event will hand-carried bids or withdrawals in the possession of the Contracting Officer by the time set be considered if delivered to the Contracting Officer after the exact for bid opening. Bid deposits shall be in the form prescribed in time and date set for bid opening. However, a modification which Condition No. 4, General Sale Terms and Conditions (Standard makes the terms of the otherwise sucessful bid more favorable to Form 114C). Unless otherwise provided in the Invitation, a bid the Government will be considered at any time it is received prior deposit of 20% of the estimated total contract price is required on to award and may be accepted. sales not exceeding one year; sales exceeding one year's duration will require a bid deposit computed at 20% of the total price esti- D. ADJUSTMENT FOR VARIATION IN QUANTITY OR mated for one year's removal of property. Deposit Bond-Individual WEIGHT. Invitation, Sale of Government Personal Property (Standard Form 150), or Deposit Bond-Annual, Sale of Government Personal Condition No. 12,General Sale Terms and Conditions (Standard Property (Standard Form 151) are NOT acceptable as bid deposits. Form 114C) is modified to authorize the Government to vary the In accordance with Condition No. 6 of the General Sale Terms and quantity or weight delivered by 50% from the quantity or weight Conditions entitled "Payment" (Standard Form 114C), the 20% listed in the Invitation. bid deposit submitted by the Purchaser will be retained by the Government and applied against the last delivery effected under E. TERMINATION. the contract. At the option of the successful bidder, a Performance Bond (Standard Form 25) may be substituted by the successful Unless otherwise provided in the Invitation, this contract may bidder for his bid deposit at any time after notification of award be terminated by either party without cost to the Government of the contract. Any bid which is not timely supported by a proper upon 30 days' written notice to the other, to be calculated from bid deposit may be rejected as non-responsive. Any bid deposit the date the notice is mailed. received after bid opening will be considered in the same manner as late bids. F. FAILURE TO PERFORM. In the event the Purchaser fails to snake payment as required by B. MODIFICATION OR WITHDRAWAL OF BIDS. Condition No. 6, General Sale Terms and Conditions (Standard Bids may be modified or withdrawn b written or telegraphic Form 114C), or fails to remove the property as required by Con- dition No. 8, General Sale Terms and Conditions, and fails to cure notice and a bid also may be withdrawn in person by a bidder or the default within the time allowed by the notice given in accord- his authorized representative, provided his identity is made known ante with Condition No. 9, General Sale Terms and Conditions, and he signs a receipt for the bid. Any bid modification which the Purchaser will lose all right, title and interest which he might increases the amount of a bid already submitted or which submits otherwise have acquired in and to the property as to which the bids on items not previously bid on must provide for an increased default occurred and said Condition No. 9, is modified to provide bid deposit. that the Government shall be entitled to retain or collect as liqui- dated damages a sum equal to 20% of the contract price for the C. CONSIDERATION OF LATE BIDS, MODIFICATIONS, quantity estimated to be generated within a 30-day period. OR WITHDRAWALS. G. AWARD OF CONTRACT. Bids and modifications or withdrawals thereof, must be in the possession of the Contracting Officer by the time set for bid open- The contract will be awarded to that responsible Bidder whose ing. Any bid, modification, or withdrawal received after the time bid conforming to the Invitation will be most advantageous to the set for bid opening will not be considered unless received by the Government, price and other factors considered. A written award Contracting Officer prior to award, was mailed (or telegraphed mailed (or otherwise furnished) to the successful Bidder within where authorized) and in fact delivered to the address specified in the time for acceptance provided in the Invitation shall be deemed the Invitation for Bids in sufficient time to have been received by to result in a binding contract without any further action by either the Contracting Officer by the time and date set forth in the party. STANDARD FORM 114C-2 9 JAN.1970 EDITION General Services Administration FPMR(41 CFR) 101-45.3 114-406