CONTENT OF THE PROPOSAL

A. All proposals shall be signed in ink by the bidder or his authorized representative. The proposals not complying with this requirement shall not be considered. B. Any proposal written in an illegible manner shall not be considered by the Auctions Board. C. Any erasure, crossing out, note or correction in the lists shall be initiated by whoever signed the proposal. D. The proposals shall be made in dollars and cents per party. E. A principal proposal and various alternate proposals of articles of similar quality at different prices shall be accepted, when in the auctions invitation is included a provision to such purposes. F. No proposals based on estimated prices or that may vary shall be accepted, except in those cases where in the auctions invitation has been included a provision establishing the conditions in which changes in prices shall be accepted once the auction is awarded. 16 G. Only one proposal per bidder shall be accepted at every auction. If a commercial enterprise submits various proposals for an auction, from any of its associates, agents or officials, all its proposals shall be declared null and shall remain excluded from the process. H. Should a bidder realizes that a mistake has been committed in the offer, he shall notify it in writing and submits its correction before the Auctions Board before the Auctions opening. I. Modifications may be only made in the following circumstances: 1. When the Auction List is modified or when the bidder thus requests it. The proposals shall be modified before the opening. 2. Amendments shall be made in writing, including a relation of all the information needed for the information of the Auctions Board. 3. Every envelope that contains amendments shall be identified in the outside. The Board shall not consider those amendments received after the auctions opening date, because the bidder has had not identified the envelope in the outside. SECTIONS 39 - PROPOSALS WITHDRAWAL AND OPENING CEREMONY A. The notification for proposals withdrawals shall be presented through letter or personally before the Auctions Board, explaining the reasons for such action. No verbal notifications shall be accepted. B. When a bidder withdraws his offer, in agreement to the previous subsection and according to the post office stamp the withdrawal was executed before the opening ceremony, but it is received after the same, and before the award, the Board shall not consider the offer. C. If the bidder withdraws the offer, but the post office stamp on the envelope shows a time and day posterior to the opening ceremony and the same is received after the award, the bidder shall be oblige to execute the contract and he may not contend late withdrawal on his favor. D. In the case the bidders refuses to execute, the bid bond shall be kept in order to respond for the excesses the dependency has to pay to the second bidder.