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6. NEW BI JSINESS (Cont'd Mr. Crighton further added that the idea here is that this will not set precedence. Mr. Lindstaedt further stated "I'f you come along with another contract, you will have the same.thing thrown at you fast and furious. I have seen.this happen many, many times. Well, actually here, Commissioner Wiggins stated,.the contractor is pro - viding bond, but he is providing bond on each job as he does the job, rather than on the four jobs at-one 'wack' and the only reason is tat he can't get a bonding company to do it. r Mr. Lindstaedt, in r peating his former question', asked, "My 'question 'is:' Do you have a hard set rule on the bonding, or is it haphazard - -a hit and miss d al ?" Mr. Brownell advised, "Actually, bonding is new. We have n ver had any bonding on this kind of work until' recently. Like on tie E -6 Program, there was no performance bond. This is something t at we have instituted- -both the bonding on the bidding and on the p rformance. Now, in this case, this agreement that Mrs Crighton his worked out will accomplish the thing that "we are after, I believe, b cause the thing we are after is to get the rehabilitation work done q ickly - -as quickly as we can - -and so this man has shortened the time ol which he will do the work on each job under this agreement to ten w )rking days which will get all four houses done more quickly than it w uld if we rejected the bids and went back and started rebidding w ich would take a great delay." Mr. Caesar asked how much money w uld the Commission be realizing in savings in letting the contractor finish the Southeast contracts - -would it be a substantial amount be- tween this bidder and the next low bidder? The Chair advised we would have to rebid; we just couldn't take the next bid. Mr. Crighton advised that on the conditional award that the Commission granted on the 2nd of January, he had requested the motion that if these contracts were r1escinded, that they would go to the next low bidder. e Chair advised that we have a time element and we can't keep the ntractors standing in line for six months with the next lowest dder,'and that the contractor could refuse if he so desires. Com- ssioner Wiggins added then we would go back to the rebidding process d that would cost more than it would be worth. "Actually, this is mply - -this doesn't change the actual thing that is happening here- - simply changes the way in which it happens, because each job would covered with a performance bond but it will be done individually as e job is completed or as the job is started, rather than all of them once. Now, in return for this kind of consideration, we are getting mething. We are getting a commitment on his part for far more rapid mpletion of the job than he otherwise would have had to offer, and looks like the net result is going to be advantageous - -I say to - -but actually to the people who are living in these houses, be- use they are going to have their house back in order a lot faster, d actually this is one of the big things that we are after. This one of the things we are concerned with in instituting performance nds. This puts a handle on it." . Lindstaedt's question, "I brought this up at the last meeting I tended about a month ago - -on this performance bond -- before they are leased- -who does the investigating ?" Commissioner Wiggins advised, . Crighton has been on top of this with his staff, and "I think we - 14 -