A Bidder may submit a Part 1 Proposal for a Project, and later decide to not submit a Part 2 Proposal for that Project. If a Bidder ultimately decides not to present a Part 2 Proposal for a Project that qualified through a successful Part 1 Proposal, such Bidder should notify the Procurement Administrator by email at Illinois-RFP@nera.com, with the list of Projects for which the Bidder will not be submitting a Part 2 Proposal as early as practicable and no later than the Part 2 Date. The Procurement Administrator will refer to this list of Projects submitted by the Bidder in conjunction with the Part 2 Proposals submitted in order to determine if the Bidder has provided sufficient bid assurance collateral to all Companies.
For the Bidder to be able to submit Bids on its Project(s), the Bidder must have submitted bid assurance collateral to all Companies in an amount that is sufficient given the Project size for each of the Bidder’s Projects. If the Bidder fails to provide bid assurance collateral to one or more of the Companies or if the Bidder provides bid assurance collateral to all Companies but the amount of the bid assurance collateral for one or more of the Companies is insufficient given the Project size across all of the Bidder’s Projects, the Part 2 Proposals for all of the Bidder’s Projects will be considered deficient.