Bid Specifications - Laserfiche WebLink

Home Browse Search

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . EJCDC ST ANDARD FORM OF AGREEMENT BETWEEN OWNER AND CONTRACTOR ON THE BASIS OF A STIPULATED PRICE THIS AGREEMENT is dated as of the day of in the year 2007 by and between CITY OF SUNNY ISLES BEACHJhereinafter called OWNER) and (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows: Article 1. WORK. CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows: Drainage and Street Improvements in the Central Island Neighborhood, limited by the NE 1 83rd and l74th Streets along the north and south respectively and Collis Avenue (AlA) and the Dumfoundling waterway along the east and west sides respectively. The work includes asphalt milling and resurfacing, street widening, bicycle paths, drainage structures and associated drainage piping and the construction of 26 drainage (deep) wells, in addition to signing, marking and miscellaneous concrete work, sidewalks, curb and gutter and valley gutters. Article 2. ENGINEER. The Project has been designed by: Beiswenger, Hoch and Associates Inc 510 Shotgun Road Suite 400 Sunrise, FJ. 33326 who is hereinafter called ENGINEER and who is to act as OWNER'S representative, assume all duties and responsibilities and have the rights and authority assigned to ENGINEER in the Contract Documents in connection with completion of the Work in accordance with the Contract Documents. Article 3. CONTRACT TIMES. 3.1. The Central Island Street and Drainage Improvements project will be substantially completed within 365 calendar days after the date when the Contract Times commence to run as provided in paragraph 2.03 of the General Conditions, and completed and ready for final payment in accordance with Paragraph 14.07 of the General Conditions within 395 calendar days after the original date when the Contract Times commence to run. 3.2. 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 completed within the times specified in paragraph 3.1 above, plus any extensions thereof allowed in accordance with Article l2 of the General Conditions. They also recognize the delays, expense and difficulties involved in proving the actual loss suffered by OWNER if the Work is not completed on time. Accordingly, instead of requiring any such proof, O\VNER and CONTRACTOR af,,'Tee that as liquidated damages for delay (but EJCDC STANDARD FORM OF AGREEMENT Oct. 2007 00500-1