947-Magnolia Ave. Water Ext. SECTION 00525
AGREEMENT FORM
PART 1 GENERAL
1.01 THIS AGREEMENT, made this ~_ day o[~~~ ,2002, by and between
(1) City of Sanford, hereinafter called the Owner, and (2) _Central Florida Tapping and
Construction Services, Inc. doing business as a (3) Corporation, and hereinafter called
the Contractor.
(1) Name of Owner
(2) Name of Contractor
(3) Corporation, Partnership, 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
Department of Transportation 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 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 (4) City of Sanford - Magnolia Avenue Reclaimed Water Main
Extension (IBF # 01 / 02 - 40). The scope of work includes the _BASE BID and
ALTERNATE BID ITEM 1 .
(4) Name of Project identified in Invitation for Bids
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 (5) Seventy-five
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.
(5) As specified in paragraph 1.02/C/5 of the Bid Form
SPECLII~081(~00 00525'1
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 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 $300.00 for each calendar day that expires after
the time specified in Paragraph C for substantial completion until the work is
substantially complete. It is agreed that if this Work is not Finally completed in
accordance with the Contract Documents, the CONTRACTOR shall pay the
OWNER as liquidated damages for delay, and not as penalty, one-fourth (~,4) of the
rate set forth above.
E. Contract Price
Lump Sum Contract
The Owner will pay the Contractor in current funds for the performance of the work,
subject to additions and deductions by Change Order, the Total Contract Price of
Thirty-nine thousand, nine hundred and three and no/100. Dollars ($ 39,903.00 ).
Payments will be made to the Contractor based on the Lump Sum Bid amount, the
Schedule of Values included as a part of his Bid, which shall be as fully a part of
the Contract as if attached or repeated herein, and subject to completion of the
work, in accordance with the Contract Documents.
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.
SPECUB081 so0 00525-2
1.03 IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and
year first above written°
CONTRACTOR:
Central Florida Tapping and Construction Services. Inc.
Name of Firm
Printed Name and Tit%
OWNER:
City of Sanford
Name of Own
;'c7-~ ..... ) (Seal)
By ( ture) o-~'~y Va'/~ez:woz:p, C~,t:y I~anaSer
Printed Name and Title
Printed Name and Title
END OF SECTION
00525-3