(v) The location where the proposed forms of contract and bid documents, including plans and specifications, are on file and may be obtained on payment of a specified returnable deposit;
(vi) That a certified check or bank draft or satisfactory bid bond in the amount of 5 percent of the bid shall be submitted with the bid;
(vii) That the successful bidder will be required to provide assurance of completion in the form of a performance and payment bond or cash escrow; and
(viii) That the Borrower reserves the right to reject any or all bids and to waive any informality.
(3) The bid form, which must be submitted by all bidders, must specify:
(i) The name of the project;
(ii) The name and address of the bidder;
(iii) That the bidder proposes to furnish all labor, materials, equipment and services required to construct and complete the project, as described in the invitation for bids (including the contents of all documents on file), for a specified lump-sum price;
(iv) That the security specified in paragraph (b)(2)(vi) of this section accompanies the bid;
(v) The period after the bid opening during which the bid shall not be withdrawn without the consent of the Borrower;
(vi) That the bidder will, if notified of acceptance of such bid within a specified period after the opening, execute and deliver a contract in the prescribed form and furnish the required bond within ten days thereafter;
(vii) That the bidder acknowledges any amendments to the invitation for bids; and
(viii) That the bidder certifies that the bid is in strict accordance with all terms of the invitation for bids (including the contents of all documents on file) and that the bid is signed by a person authorized to bind the bidder.