Specifications

SECURITY CAMERA SYSTEM UPGRADE AND REPLACEMENT
FOR MONTGOMERY COUNTY DETENTION CENTER
INSTRUCTIONS TO BIDDERS IB-11
24. INSURANCE
A. Unless otherwise provided in the Contract Documents, the contract stemming from
this bid shall require that the successful bidder purchase and maintain a policy of
insurance to protect the successful bidder and the Board from claims which may
arise out of the contract stemming from this bid. Unless otherwise provided in the
Contract Documents, such insurance policy shall be written for not less than one
million dollars ($1,000,000.00) for any person injured in any accident and with a
total liability of two million dollars ($2,000,000.00) for all persons injured in any
one accident and in the amount of one million dollars ($1,000,000.00) for each
accident or occurrence as compensation for damage caused to property of others.
25. TIME OF COMPLETION AND LIQUIDATED DAMAGES
A. Time is of the essence to the Contract Documents and all obligations thereunder. It
is important to the Board that the Project be completed as soon as possible consistent
with good construction. The Board estimates the project work will be completed
in 120 calendar days from the date of the contract. The Board, in determining the
lowest and best bid, will take into consideration the time required for completion
fixed by the bidder in its proposal.
B. Since time is of the essence, the successful bidder will agree and acknowledge that
(1) Board is entitled to full and beneficial occupancy and use of the completed Work
upon expiration of the Contract Time and (2) Board has or will enter into contracts,
agreements and commitments based upon the successful bidder achieving Substantial
Completion of the Work within the Contract Time. The successful bidder will
further agree that if it fails to cause substantial Completion of the Work or any
portion of the Work within the Contract Time, the Board will sustain extensive
damages and loss as a result of such failure, the exact amount of which will be
extremely difficult to ascertain. Therefore, the Board and successful bidder, who
will be the "Contractor", will agree in the Contract Documents to the following:
1. If the Contractor fails to achieve Substantial Completion of the Work within
the Contract Time and as otherwise required by the Contract Documents, the
Board shall be entitled to retain or recover from the Contractor, as liquidated
damages, and not as a penalty, the following per diem amounts commencing
upon the first day following expiration of the Contract Time and continuing
until the actual Date of Substantial Completion. Such liquidated damages are
hereby agreed to be a reasonable pre-estimate of damages the Board will
incur as a result of delayed completion of the Work: two hundred fifty and
00/100 Dollars ($250) per day.
26. DISCLOSURE
A. The contract documents evidencing the successful bid will contain a covenant to be
agreed to by the successful bidder that it has complied with the Board's disclosure
policy adopted pursuant to Resolution No. 88-1279, dated July 15, 1988, which