Loading...
648-Masci Construction .. SECTION.QDSD0 AGREEMENT FORM 1. GENERAL 1,01 THIS AGREEMENT, made this//'j~day of ~//]'q~__//1 , 1997, by and between (I) the City of Sanford, Florida, hereinafter called the Owner, and (2) MASCI CONSTRUCTION, INC. doing business as a (3) CORPORATION , and hereinafter called the Contractor. 1.02 The Owner and Contractor agree as follows: A. Contract Documents The ContraCt Documents consist of this Agreement; all Technical, General, and Supplementary Conditions and Sections contained in the Project Manual; the Drawings as listed on the Bid Form and Index to Drawings; 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 part of the Contract as if attached to this Agreement or repeated heroin. B. Scope of Work The Contractor shall perform all work required by the Contract Documents for the construction of the City of Sanford SANITARY SEWER REHABILITATION. C. Contract Time The Contractor shall begin work within 10 days after the issuance of a written Notice to Proceed and shall complete the work within 120 calendar days from the date of the Notice to Proceed. 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 extensions thereof alJowed 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 (;300.00 for each day that expires after the time specified in Paragraph C for final completion until the work is finally complete. E. Contract Price The Owner will pay the Contractor in current funds for the performance of the work, subject to additions and deducations by Change Order and subject to the Measurement and Payment Provisions {Section 01150), and subject to actual constructed quantities; the Total Contract Price of ONE HUNDRED SEVENTY-TWO THOUSAND SIX HUNDRED THIRTEEN AND 60/100 Dollars (S 172,613.60 ). 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 heroin. (1) Owner (2) Contractor (3) Sole Proprietor, Partnership, or Corporation O05OO-I , F. Payments The Owner will make payments as provided in the General Conditions and Supplementary Conditions. G. Engineer The Project has been designed by Conkiln, Porter & Holmes-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: MASCI CONSTRUCTION, INC. Name of E' MnnS~:~'? ~' (Seal) gnature and Title) CI, VICE-PRESIDENT OWNER: CITY OF SANFORD, FLORIDA Name of Owner ~ A,',.~UA<:,4Z- (Seal) e) END OF SECTION 00500-2