873-Ryan Incorporated Eastern AGREEMENT FORM
PART 1 GENERAL
4.01 T.,sAGREEME.T, madethis/ dayof - - ,,by and between
(1)City of Sanford, heroinafter called the Owner, and (t'2) R~R~n Incorporated Eastern doing
business as a (3) Corporation, and heroinafter called the Contractor.
('1) Name of Owner
(2) Name of Contractor
(3) Corpomtion, PaHne~hip, or Sole Proprietor
1.02 The Owner and Contractor agree as follows:
A. Contract Documents
The Contract Documents consist of this Agreement; all items listed in the index to
the Project Manual; the Drawings as listed in the Project Manual; the Florida
Depa~ment of Transpo~ation Standard Specifications for Road and Bridge
Construction - 1991, as incorporated by the Project Manual; all Addenda issued
prior to and all Change Orders issued after execution of this Agreement. These
form the Contract and all are as fully a pa~ of the Contract as if attached to this
Agreement or repeated herein.
B. Scope of Work
The Contractor shall pe~orm all work required by the Contract Documents for the
construction of the Narcissus Avenue Sewer and Force Main Construction (IFB
00/01-04).
C. Contract Time
The Contractor shall begin work within 10 days after the issuance of a written Notice
to Proceed and shall complete substantially complete the work within 240 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,
D. Liquidated Damages
OWNER and CONT~CTOR recognize that time is of the essence of this
Agreement and that OWN ER will suffer financial loss if the Work is not substantially
complete within the time specified in Paragraph C above, plus any extensions
thereof allowed in accordan~ 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)
CONT~CTOR shall pay OWNER $1000 for each calendar day that expires a~er
s~scu~os~soo 00520-1 REVISED PER ADDENDUM NO. 1
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 (¼) 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 Nine hundred sixty-four thousand nine hundred thirty-five
and 35/100 Dollars ($964,934.35). 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.
F. Payments
The Owner will make payments as provided in the General Conditions and
Supplementary Conditions.
G. 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.
1.03 IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and
year first above written.
CONTRACTOR:
P, van I orated tern .
(SealS' ::: "j _-"
, · , ': , ::
Printed Name and Title '" ' ~
Printed Name and Title
8PECLIB081600 00520-:~ REVISED PER ADDENDUM NO. I
OWNER:
City of Sanfor~,~,,_~;7
Name of Own
(Seal) '
B t
y (Signa ure)
Anthony VanDerworp - City Manaqer
Printed Name and Title
Janet R. Douqhertv - City Clerk
Printed Name and Title
END OF SECTION
SPECLIB081600 00520-3 REVISED PER ADDENDUM NO. I