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MASTER CONTRACT <br />THIS IS A CONTRACT, by and between the City of Miami Beach, a municipal corporation <br />of the State of Florida ("City"), and Paragon Construction Unlimited, Inc. ("Contractor") for <br />demolition services pursuant to RFQ 2018 -183 -KB (the "Agreement") <br />W I T N E S S E T H, that Contractor and City, for the considerations hereinafter named, <br />agree as follows: <br />ARTICLE 1 <br />SCOPE OF WORK <br />Contractor- hereby agrees to furnish all of the labor, materials, equipment, services and <br />incidentals necessary to perform all of the Work described in Exhibit A and the Contract <br />Documents, and any Contractor Service Order issued to Contractor for any Project awarded <br />hereunder. PROJECTS WITH A VALUE EXCEEDING $300,000 MAY NOT BE AWARDED <br />UNDER THE AGREEMENT. <br />ARTICLE 2 <br />CONTRACT TIME <br />2.1 This contract shall remain in effect for three (3) years from date of contract execution by <br />the Mayor and City Clerk. The City Manager may renew the Agreement for two (2) <br />additional renewal periods of one (1) year each. <br />ARTICLE 3 <br />ASSIGNMENT OF WORK COMPENSATION AND BONDS <br />3.1 COMPENSATION. In consideration of the Work to be provided hereunder, Contractor <br />shall be compensated on a Lump Sum basis, as specified in the Contractor Service Order. <br />3.2 ASSIGNMENT OF WORK. An executed Contractor Service Order (CSO) (Exhibit B) is <br />required for every project assigned under the Agreement. The executed CSO shall be <br />considered Notice to Proceed #1 (NTP) upon which the Contractor shall, within 10 days <br />of the CSO being executed by all parties, provide to the City the required proof of <br />insurance, performance and payment bond (if applicable), proof of required permits, and <br />all technical specifications, submittal schedules (if applicable) and schedule of values. <br />Contractor shall have no entitlement to perform (or be compensated for) any Work under <br />this Agreement unless the Work is authorized, at the City's sole discretion, by a Contractor <br />Service Order. <br />Following the receipt of all NTP #1 submittals, the requesting department may issue NTP <br />#2 (Exhibit F), which shall authorize the Contractor to begin the Work. NTP #2 is a <br />condition precedent to mobilization on any Project site and commencement with the Work. <br />338 <br />