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CI?Y QF SUNNY ISLES'BEACH <br /> 18070 Collins"Avenue <br /> Sunny.Isles Beach, Florida 33160L <br /> 305`947,0606 <br /> WWW SIOIl net vF '�f <br /> r ,. <br /> y <br /> i 4 <br /> ; ':Fl!t4 4, <br /> 44"Of 51Y4 ASO <br /> mechanics shall require or permit any such laborer or mechanic in any workweek in which he or" .; <br /> she is employed on such work to work in excess of forty hours in such workweek unless such <br /> laborer or mechanic receives compensation at a rate not less than one and one-half times the basic <br /> rate of pay for all hours worked in excess of forty hours in such workweek. <br /> 2.18 PAYROLL; BASIC RECORDS; REPORTING <br /> The contractor, and all subcontractors, must keep accurate written records, signed under oath as <br /> true and correct, showing payment of the required wages. These records must include the name, <br /> social security number of each worker, his or her address, correct classification, per hour rates of <br /> wages paid (including rates of contributions or costs anticipated for legitimate fringe benefits), and <br /> daily and weekly number of hours worked on this project. In addition, the contractor must submit <br /> a list of all subcontractors and the payrolls of each subcontractor that include the name, social <br /> security number, address and phone number, per hour rate for wages paid (including costs of <br /> legitimate fringe benefits), and the daily and weekly number of hours worked on this project. <br /> Payment to workers shall be made in the form of check, money order or direct deposit. Cash <br /> payments are not allowed. The rates paid shall be not less than those contained in the Wage and <br /> Benefits Schedule regardless of any contractual relationship that may exist between the contractor <br /> and the workers hired to perform under the contract. <br /> 0 2.19 PERFORMANCE AND PAYMENT BOND <br /> The City of Sunny Isles Beach shall require the successful Bidder to furnish a Performance Bond <br /> and Payment Bond in the amount of 100% of the total Bid Price, with the City of Sunny Isles Beach <br /> as the Obligee, as security for the faithful performance of the Contract and for the payment of all <br /> persons performing labor or furnishing materials in connection herewith within ten (10) calendar <br /> days after issuance of the Notice of Award by the City. The Performance and Payment Bond shall <br /> continue in effect through the contract term. The bonds shall be with a surety company authorized <br /> to do business in the State of Florida and having been in business with a record of successful <br /> continuous operation for at least five (5) years. <br /> The Performance Bond shall guarantee all work and materials furnished under the <br /> Contract including losses resulting from defects in the materials or improper performance <br /> of Work under the Contract that may appear or be discovered during performance of the Work or <br /> during any applicable warranty period after completion of all Work, and for latent defects, <br /> during the time periods set forth in section 95.11(3)(c), Florida Statutes. The Payment Bond shall <br /> stay in effect until the time required by section 255.05, Florida Statutes, for the making of <br /> claims under such Bond, or when all claimants submitting valid claims have been paid, whichever <br /> is later. <br /> 2.20 RELEASE OF CLAIM REQUIRED <br /> Pursuant Section 255.05, Florida Statutes all payments to the subcontractors shall be made by the <br /> awarded Bidder within ten (10) days of receipt of the partial payment from the City. With the <br /> exception of the first partial payment, the awarded Bidder must pay all of its subcontractors and <br /> suppliers who have performed any work or supplied any materials for the project within ten (10) <br /> days after receipt of the partial payment by the awarded Bidder for monies due such subcontractors <br /> City-.of:Sunny-Isles.Beach.I Invitation to-Bid No. GATEWAY=PARK:CENTER 19-.01-01 . 15 Y.,, - <br />