My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2013-138A
CBCC
>
Official Documents
>
2010's
>
2013
>
2013-138A
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/7/2015 10:45:00 AM
Creation date
10/1/2015 5:25:21 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/16/2013
Control Number
2013-138A
Agenda Item Number
12.I.1
Entity Name
Close Construction LLC
Subject
Addendum No. 2 Stormwater Project
South Algal Nutrient Removal Facility
Area
1225 5th Street SE
Project Number
0949
Bid Number
2013030
Supplemental fields
SmeadsoftID
12036
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
7
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
A. CONTRACTOR and OWNER recognize that time is of the essence for this Agreement <br /> and that OWNER will suffer financial loss if the Work is not completed on or before the <br /> date specified in paragraph 4 .02 above, plus any extensions thereof allowed in <br /> accordance with Article 12 of the General Conditions . The parties also recognize the <br /> delays , expense, and difficulties Involved in proving in a legal proceeding the actual loss <br /> suffered by OWNER if the Work is not completed on time. Accordingly, instead of <br /> requiring any such proof, OWNER and CONTRACTOR agree that as liquidated damages <br /> for delay (but not as a penalty) , CONTRACTOR shall pay OWNER $500 for each calendar <br /> day that expires after the date specified in paragraph 4 . 02 for Final Completion , until the <br /> Work is finally complete and ready for final payment. <br /> ARTICLE 5 = CONTRACT PRICE <br /> 5 . 01 OWNER shall pay CONTRACTOR for completion of the Work in accordance with the <br /> Contract Documents, an amount in current funds equal to the sum of the amounts <br /> determined pursuant to paragraph 5 . 01 .A and summarized in paragraph 5. 01 . 8 , below: <br /> A. For all Work, at the prices stated in CONTRACTOR's Bid , attached " hereto_ as an exhibit. <br /> B . THE CONTRACT SUM subject to additions and deductions provided in the Contract: <br /> Numerical Amount: $ 5 , 856, 660 . 20 <br /> Written Amount: Five million eight hundred fifty-six thousand six hundred sixty <br /> dollars and twenty cents <br /> ARTICLE 6 - PAYMENT PROCEDURES <br /> 6 . 01 Submittal and Processing of Payments <br /> A. CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the <br /> General Conditions. Applications for Payment will be processed by ENGINEER as <br /> provided in the General Conditions. <br /> 6. 02 Progress Payments; Retainage <br /> A. OWNER shall make progress payments on account of the Contract Price on the basis of <br /> 0,ONTRACTOR's Applications fdr IPPayrnerit ,al enrols: net less than grace each month <br /> during performance of the Work as provided in paragraph 6. 02A. 1 below. All such <br /> payments will be measured by the schedule of values established in paragraph 2 . 07 .A of <br /> the General Conditions (and in the case of Unit Price Work based on the number of units <br /> completed) or, in the event there is no schedule of values , as provided in the General <br /> Requirements : <br /> 1 . Progress payments will be made in an amount equal to the percentage indicated <br /> below, less the aggregate of payments previously made and less such amounts as <br /> ENGINEER may determine or OWNER may withhold , in accordance with paragraph <br /> 14 . 02 of the General Conditions: <br /> a . Ninety percent (90% ) of Work completed (with the balance being retainage) . <br /> There will be no payment for the cost of materials and equipment not incorporated <br /> in the Work but stored on the Project site. <br /> 00520 - Agreement = ADDENDUM No. 2 <br /> ADDENDUM NO. 2 00520 - 2 <br /> \\Fileserver2XPublic\Purchasing\Bid312012-2013 FY (2013000)12013030 PC South Brine Di3poselW0520 - Agreement - ADDENDUM No, 2.doc Rev. 05/01 <br />
The URL can be used to link to this page
Your browser does not support the video tag.