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The unit prices covered by this bid are based on the under­signed bidder procuring and keeping in effect during the life of the proposed contract, at bidder’s own sole coat and expense, Workmen’s Compensation and Employers* Liability Insurance, Contractors' Public Liability and Contractors* Property Damage Insurance and Contractors’ Contractual Liability and Contractors* Contractual Property Damage Insurance, all in accordance with Form of Contract* The following unit prices may be used to figure any additions to or deductions from the amount shown above: Item Unit Additions Deductions (a) 6" cast iron water mains LF 4..... 4 .... (b) 8" cast iron water mains LF 4 ... . 4 ... (c) 6" cast iron fire hydrant connections LF 4 4 ..... (d) (e) it) (g) (h) If provision for furnishing Surety Bond be waived ..—. The undersigned further agrees that the work embraced in this contract shall be completed within calendar days after notice has been given by the Las Vegas Land and Water Company to commence work, time being considered as of the essence of this contract and one of the principal factors in awarding the work. If this proposal and bid shall be accepted and the undersigned shall fail to enter into a contract of the form attached and to give the required bond in a satisfactory form within fifteen (15) days from the mailing of a notice by the Las Vegas Land and Water Company, Page 2