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HomeMy WebLinkAbout1073-Lanzo Lining-Storm Sewer SECTION 00520 AGREEMENTFORM PART1 GENERAL 1.01 THIS AGREEMENT, made this5 & Y 1 day of _ , by and between 1) City of Sanford reinafter cap d the Owner, and 2) Lanzo Lining Services Incorporated doing business as a 3) Corporation and hereinafter called the Contractor. 1) Name of Owner 2) Name of Contractor 3) Corporation, Partnership, Sole Proprietor 1.02 The Owner and Contractor agree as follows: A. Contract Documents The Contract Documents include the Agreement, Addenda (which pertain to the Contract Documents), Contractor's Bid, Notice to Proceed, the Bonds, the General Conditions, the Supplementary Conditions, the Specifications listed in the Index to the Project Manual, any technical specifications as incorporated by the Project Manual; the Drawings as listed in the Project Manual, all Written Amendments, Change Orders, Work Change Directives, Field Orders, and Engineer's written interpretations and clarifications issued on or after the Effective Date of this Agreement. These form the Contract and all are as fully a part of the Contract as if attached to this Agreement or repeated herein. B. Scope of Work The Contractor shall perform all work required by the Contract Documents for the construction of the Storm Sewer Cleaning and Lining, IFB 04/05 -14 C. Contract Time The Contractor shall begin work within 10 days after the issuance of a written Notice to Proceed and shall substantially complete the work within 4) 90 calendar days from the date of the Notice to Proceed. The work shall be finally complete, ready for Final Payment in accordance with the General Conditions, within 30 calendar days from the actual date of substantial completion. 4) As specified in paragraph 1.02rC 15 of the Bid Form D. Liquidated Damages OWNER and CONTRACTOR recognize that time is of the essence of this Agreement and that OWNER will suffer financial loss if the Work is not substantially complete within the time specified in Paragraph C above, plus any 00520 -1 NAME OF PROJECT: Storm Sewer Cleaning and Lining extensions thereof allowed in accordance with the General Conditions. They also recognize the delays, expense and difficulties involved in proving in a legal arbitration proceeding the actual loss suffered by OWNER if the Work is not substantially complete on time. Accordingly, instead of requiring any such proof, OWNER and CONTRACTOR agree that as liquidated damages for delay (but not as a penalty) CONTRACTOR shall pay OWNER 350 for each calendar day that expires after the time specified in Paragraph C for substantial completion until the work is substantially complete. It is agreed that if this Work is not Finally completed in accordance with the Contract Documents, the CONTRACTOR shall pay the OWNER as liquidated damages for delay, and not as penalty, one -fourth (%) of the rate set forth above. E. Contract Price Unit Price Contract The Owner will pay the Contractor in current funds for the performance of the work, subject to additions and deductions by Change Order and subject to the Measurement and Payment Provisions, and subject to actual constructed quantities; the Total Contract Price of Four hundred seventy -two thousand seven hundred seventy -five and 00 /loo Dollars 1$ 472.775.00 ). Payments will be made to the Contractor on the basis of the Schedule of Unit Prices included as a part of his Bid, which shall be as fully a part of the Contract as if attached or repeated herein. City of Sanford Tax Recovery The Owner reserves the right to purchase directly, via its purchase orders, various construction materials, supplies and equipment that may be part of this contract. The Contractor hereby acknowledges that the Owner has the right to exercise this option and that Contractor will cooperate fully to enable the Owner to achieve the tax recovery savings applicable to the materials, supplies and equipment so designated by the Owner. G. Payments The Owner will make payments as provided in the General Conditions and Supplementary Conditions. H. Retainage The value of each application for payment shall be equal to the total value of the Work performed to date, less an amount retained, and less payments previously made and amounts withheld in accordance with the General Conditions and Supplementary Conditions. Retainage for this project is 10 %, to be held by Owner as collateral security to ensure completion of Work. The Owner is not obligated to reduce retainage at any time during the Contract, but may choose to do so at its discretion once the Work is at least 75% complete. 00520 -2 NAME OF PROJECT: Storm Sewer Cleaning and Lining Engineer The Project has been designed by CPH Engineers, Inc., referred to in the documents as the Engineer, whose authority during the progress of construction is defined in the General Conditions and Supplementary Conditions. IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written. CONTRACTOR: ATTEST: 1�' , L 1' By (Signature) i Printed Name and Title OWNER: City of Sanford Name of Owner By (Signature Robert P Yehl, City Manager Printed Name and Title BOOM a Janet Dougherty City Clerk Printed Name and Title END OF SECTION 00520 -3 (SEAL) (SEAL) NAME OF PROJECT: Storm Sewer Cleaning and Lining Printed Name and Title