TAILIEUCHUNG - ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT EQUIPMENT AND PROCUREMENT DIVISION BID INVITATION

Bonds are considered high yield (or junk) based on the credit ratings they receive from the two major US rating agencies, Moody's and Standard & Poor's. Any bond rated below Baa3 by Moody's or BBB- by S&P is included in the high yield universe. High yield bonds are classified in two ways, as "fallen angels", which are former investment grade bonds that have declined in ratings, and as new issue high yield bonds, which are issued generally by young, growing companies in recapitalizations. The growth of the market has been exceptional. According to estimates by Drexel Burnham Lambert (1989), the size of the market grew. | ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT EQUIPMENT AND PROCUREMENT DIVISION BID INVITATION Bid Number Contract No. H-13-136P Bid Opening Date January 8 2013 Time 11 00 . BID OPENING LOCATION AHTD Equipment and Procurement Division 11302 W. Baseline Road Little Rock AR 72209 MAIL TO AHTD Equipment and Procurement Division . Box 2261 Little Rock AR 72203 DELIVER TO AHTD Equipment and Procurement Division 11302 W. Baseline Road Little Rock AR 72209 Sealed bids for furnishing the commodities and or services described below subject to the Conditions on Page 2 of this Bid Invitation will be received at the above-noted mail and delivery locations until the above-noted bid opening date and time and then publicly opened at the above-noted bid opening location. Bids must be submitted on this form with attachments when appropriate or bids will be rejected. Late bids and unsigned bids will not be considered. In compliance with this Bid Invitation and subject to all the Conditions thereof the undersigned offers and agrees to furnish any and all items upon which prices are quoted at the price set opposite each item. Company Name Name Type or Print Address Title __ Phone Fax City State Zip E-mail Address Federal Tax ID or Social Security No. _ Signature _ Signature must be legible original not photocopied and in ink. Unsigned bids will be rejected. Item No. Description Quantity Unit Unit Price Amount Supply Contract for furnishing to the Arkansas State Highway and Transportation Department RAISED PAVEMENT MARKER BITUMINOUS ADHESIVE according to AHTD Standard Specifications for Highway Construction Edition of 2003 Section at pricing set forth on the attached sheet for the period beginning Date of Award thru December 31 2013 with an option to renew as mutually agreed. Raised Pavement Marker Bituminous Adhesive must be listed on .

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