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DocuSign Envelope ID: 958301 B1-7B8D-416B-82BA-4C4FCA5A4B47 <br />The Awarding Authority may reject any bid. Where there is reason to believe there is collusion <br />or combination among bidders, the bids of those concerned therein shall be rejected. Ohio R.C. <br />9.31, as it may be amended from time to time, or any successor statute, shall be applicable under <br />this section with respect to the matter of the withdrawal of bids made in error. <br />(d) The contract shall be between the City and the bidder who is awarded the contract. The <br />contract may provide for liquidated damages for delays beyond a specified date. When, in the <br />opinion of the Awarding Authority it becomes necessary, in the prosecution of any work or <br />improvement under contract, to make alterations or modifications in the contract, such alterations <br />or modifications shall only be made upon the order of the Awarding Authority and the approval <br />of the Board of Control or the approval of the Board of Trustees of Lakewood Hospital when the <br />Administrator of Lakewood Hospital is the Awarding Authority, but such order shall be of no <br />effect until the price to be paid for the work and any additional work or material, or both, under <br />the altered or modified contract, has been agreed upon in writing and signed by the Awarding <br />Authority on behalf of the City and the contractor. <br />No contractor may recover anything for work or material because of any such alteration or <br />modification unless the contract is made in such manner, nor shall he be allowed to recover for <br />such work or material, or either, more than the agreed price. Alterations and modifications to <br />contracts may be made without advertising and competitive bidding. <br />(e) The unit or lump sum price stated in the contract shall be used in determining the amount to <br />be paid and shall constitute full and final compensation for all the work. Partial payment to the <br />contractor for work performed under the lump sum price shall be based on a well-balanced <br />schedule prepared by the contractor and approved by the Awarding Authority or his designee who <br />shall apportion the lump sum price to the principal features entering into or forming a part of the <br />work under the lump sum price. <br />Partial payment to the contractor for labor performed under either a unit or lump sum price <br />contract shall be made at the rate of ninety percent (90%) of the estimates prepared by the <br />contractor and approved by the Awarding Authority, provided that all labor performed after the <br />job is fifty percent (50%) completed, shall be paid for at the rate of one hundred percent (100%) <br />of the estimates submitted by the contractor and approved by the Awarding Authority. <br />(f) At the time named in the contract for payment to the person, firm, corporation, partnership <br />or association with whom or with which it is made, the Awarding Authority or his designee shall <br />make a full, accurate, and detailed estimate of the various kinds of labor performed and materials <br />furnished under the contract, with the amount due for each kind of labor and material and the <br />amount due in the aggregate. The estimate shall be based upon the actual measurement of such <br />labor and materials, and shall give the amounts of preceding estimate and the amount of labor <br />performed and materials furnished since the last estimate. From the date of completion or either <br />acceptance or occupancy by the City, a sufficient amount shall be retained as additional security <br />for ninety days for the faithful performance of the contract, after which time if the contract has <br />been faithfully performed nothing shall be retained. <br />(g) The estimates referred to in subsection (f) hereof shall be filed by the Awarding Authority <br />and a certified copy thereof delivered to the Director of Finance. Unless otherwise provided in the <br />contract or other documents incorporated into the contract, all material and equipment shall <br />