This contract is dated, made, and entered into as of the day of. The Contractor shall contract directly with the Owner for all construction; shall publicly advertise as prescribed in N.C. Gen Stat. Sec.Contractor shall complete all Work as specified or indicated in the Contract Documents. The. The Contractor shall purchase a performance bond from a surety licensed, authorized and admitted to do business in the State of North Carolina . INTRODUCTION: These guidelines are provided to assist Brokers and attorneys who are completing the Offer to Purchase and Contract—. Exhibit 1 Insurance Requirements. Procedure for letting of public contracts. (a) Bidding Required. If this is a public work contract covered by. The Contractor and subcontractors, as well as their agents and employees, shall comply with the provisions of the Fair Employment and Housing Act (Government.