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846-Wharton-Smith Inc Phase 1AGREEMENT THIS AGREEMENT, made this~day by and between the City of Sanford, hereinafter called the Owner, and Wharton-Smith, Inc. doing business as a corporation, and hereinafter called the Contractor. WiTNESSETH: That for and in consideration of the payments and agreements hereinafter mentioned: 1. The Contractor will commence and complete the construction of the Sanford Reclaimed Water Augmentation Facility - Phase I. e The Contractor will furnish all of the material, supplies, tools, equipment, labor and other services necessary for the construction and completion of the Sanford Reclaimed Water Augmentation Facility - Phase I as described herein. THE Contractor will commence the work required by the Project Manual/Contract Documents within ten (10) calendar days after the date of the NOTICE TO PROCEED and shall complete the work within two-hundred twenty five (225) consecutive calendar days unless the period for completion is extended otherwise by the Contract Documents. It is expressly understood that actual damages will be sustained by the Owner upon the Contractor's failure to complete construction within the time stipulated above. Should the Contractor fail to complete the construction in the stipulated time period, the Owner shall be entitled to recover from the Contractor, the sum of One Thousand Five Hundred Dollars ($1,500) for each calendar day the work remains uncompieted after the stipulated construction period; which amount is hereby agreed upon as a measure of the liquidated damages that the Owner will sustain by reason of any such failure of the Contractor as stated before; further, it is understood and agreed that said sum is not considered in any sense to be a penalty. e It is further understood that the methods of accomplishing the work of this project as shown on the drawings are general in nature and not intended to be complete or accurate in all details or respects with actual field conditions and the Contractor shall make such adjustments or departures as required and as approved by the Engineer and Owner to accomplish the intent. If the Contractor determines that departures are necessary from the Contract Documents, he shall submit such departures and the reasons therefore with shop drawings to the Engineer. Approved departures shall be made at no additional cost to the Owner. 10. 11. 12. 13. No change orders, additions, modifications or deletions shall be allowed nor compensable unless the Contractor has "prior" written approval from the Owner. Said "prior" written approval must specify the nature of the change and any adjustment to the time of completion and contract price. The Contractor agrees to perform all of the work described in the Contract Documents for the construction of the Sanford Reclaimed Water Au...Imentation Facility-Phase land comply with the terms therein for a total Contract Price of One Million One Hundred Ninety Two Thousand Dollars ($1,192,000). The Contract Documents consist of this Agreement; the Conditions of the Contract and Specifications as listed in the Index to the Project Manual; the Drawings as listed in the Index to the Drawings; all Addenda issued prior to and all Change Orders issued after execution of this Agreement. These form the Contract and are as fully a part of the Contract as if attached to this Agreement or repeated her.in. The Owner will pay to the Contractor in the manner, and at such times as set forth in the General Conditions, such amounts required by the Contract Documents. Progress payments will be made in an amount equal to 90% of the value of the Work completed, less, in each case, the aggregate of payments previously made. At the sole discretion of the Owner, monthly progress payments may be increased after fifty (50) percent of the work is completed to ninety-five (95) percent of the value of the Work completed less the aggregate of previous payments provided that: (1) the Contractor is making satisfactory progress, and (2) there is no specific cause for greater withholding. However, the Owner may subsequently resume retaining ten (10) percent of the value of the Work completed and materials delivered if, in the sole determination of the Owner, the Contractor is not performing according to the Contract Documents or not complying with the current progress schedule. The Contractor shall certify at the time of each progress payment that the work covered bythe partial payment has been completed in accordance with the Contract Documents and that all amounts have been paid by the Contractor for which previous certificates or payment were issued and that all subcontractors and materialmen have been paid. The Contractor shall consent to joint checks with subcontractors and materialmen in the event it fails to make timely payments when due or to submit affidavits or certificates as requested herein. 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. This Agreement shall be binding upon all parties hereto and their respective heirs, executors, administrators, successors, and assigns. IN WITNESS WHEREOF, the parties hereto have executed, or caused to be executed by their duly authorized officials, this Agreement in quadruplicate, each of which shall be deemed an original on the date first above written. Owner: City o~,~_~ ,~.~.~ By: Name: Tony VanDerworp (Please Type) Title: City Manager (SEAL) Atte~ - ~ Name: Janet R. Dougherty (Please Type) Title: City Clerk Contractor: Wharton-Smith, inc. Address: 750 County Road 15 By: ~~ Name: George F.. Smith (Please Type) Title: President (SEAL) Attest: (.~~' ~ Name: William C. Robinson, (Please Type) Jr. Title: Corporate Secretary