Reso 2020-3136 - Laserfiche WebLink

Home Browse Search

SCILJRCE'J' ELL Book 2 — lQCC Standard Terms and Conditions and Contract General Conditions 11.3 Punch List Work will be continuously prosecuted once begun and completedwithin thirty (30) [days from the receipt of the Punch List, Should the Contractor fail to complete the Punch List within this period of time, the liquidated damages as identified in Article 26 of the Contract General Conditions will apply. 12, PAYMENT AND PERFORMANCE BONDS AND MATERIAL AND WORKMANSHIP If required by the Sourcewell Member for a particular Work Order, the Contractor shall deliver a Labor and Material Payment Bond and a Performance Bond in the amount of such Work Order. If required by the Sourcewell Member for a particular Work Order, the Contractor shall deliver Material and Workmanship Bonds in the amount required by the Sourcewell Member, The bonds must be in a form, and executed by a surety, acceptable to the Sourcewell Member. The bonds must be received before the Notice to Proceed will be issued. The Contractor shall be compensated for the cost of the bonds up to 2% of the Work Order Price through the Reimbursable Fee work task in the Construction Task Catalog. The Contractor shall apply a 1..1000 Adjustment Factor to the Reimbursable Fee work task rather than applying the Contractor's competitively bid Adjustment Factor. 13. COMPUTER SOFTWARE The Contractor shall maintain at its office for its use a computer with an internet connection. The Contractor will be furnished with a copy of the Internet based eGordian" software which will allow the Contractor to generate Price Proposals. This software program contains an electronic copy of the Construction Task Catalog and allows the Contractor to select items and quantities for use in a particular Price Proposal. The software generates a Price Proposal in a preset format acceptable to the Sourcewell Member. There is no separate charge to the Contractor for the software and the related software training. 14. PREPAYMENT OPTION A Sourcewell Member may elect to deposit the funds for any Project or Purchase Order in a special account established by Sourcewell for the purpose of paying the Contractors for work to be performed. Funds shall be transferred into and out of such account in strict accordance with the rules and procedures established therefor. Balance of Page Intentionally Left Blank 14 Section Two — Contract CeneraB Conditions, P-larch 201: )