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2010-238
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2010-238
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Last modified
2/25/2016 9:57:35 AM
Creation date
10/1/2015 1:24:27 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
10/05/2010
Control Number
2010-238
Agenda Item Number
8.O.
Entity Name
Melvin Bush
Subject
Contract and Specifications 8th St. Sidewalk Improvements
Area
U.S. 1 to 6th Ave.
Project Number
0744
Bid Number
2010028
Supplemental fields
SmeadsoftID
8952
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2 . Notarized and corporate sealed Final Release of Liens from Contractor. <br /> 3 . Consent of surety for final payment. <br /> 4 . All pre-requisites for substantial completion and final completion have been met . <br /> The making and acceptance of the final payment shall constitute a waiver and release of all claims by <br /> the Contractor, except those previously made in writing and still unsettled . <br /> GC 44 . 10 Withheld Payments . The Owner may withhold or, on account of subsequently <br /> discovered evidence , nullify the whole or part of any certificate of payment to such extent as may be <br /> necessary to protect Owner if: <br /> a . Defective work or material is not remedied . <br /> b . Claims filed or reasonable evidence indicating public filing of claims by Owner or third <br /> parties against the Contractor. <br /> C . Failure of the Contractor to make payments to sub-contractors or for material or labor. <br /> d . Damage to another Contractor. <br /> e . Contractor is in default of any contract condition . <br /> f. Contractor fails to submit information required by this Contract. <br /> g . Contractor consistently fails to perform work in accordance with the Contract Documents . <br /> h . Owner has reasonable doubt that Contract work can be completed within the schedule <br /> for the balance of the Contract price which remains unpaid . <br /> i . Contractors insurance coverage lapsed . <br /> j . Owner has a right to claim liquidated damages . <br /> When the above grounds are removed or the Contractor provides a Surety or Performance Bond satisfactory <br /> to the Owner, which will protect the Owner in the amount withheld , payment shall be made for <br /> amounts withheld because of them . <br /> GC 44 . 11 The provisions of the Local Government Prompt Payment Act, Section 218 . 70 et seq , <br /> Fla . Stat. , are incorporated by reference herein . The Act provides payment due dates , addresses , <br /> interest and payment dispute resolution . <br /> GC 45 LIENS . <br /> Neither the final payment nor any part of the retained percentage shall become due until the <br /> Contractor shall deliver to the Owner complete releases of all claims or liens arising out of this Contract, <br /> or receipts in full in lieu thereof and , if required in either case , an affidavit that so far as he has knowledge <br /> or information the release and receipts include all the labor and materials for which a lien or claim could <br /> be filed ; but the Contractor may , if any sub-contractor refuses to furnish a release or receipt in full , furnish <br /> a bond satisfactory to the Owner, to indemnify the Owner against any claim or lien ( in cases where such <br /> payment is not already guaranteed by Surety or Performance Bond ) . If any claim or lien remains <br /> unsatisfied after all payments are made , the Contractor shall refund to the Owner all moneys that the <br /> latter may be compelled to pay in discharging such a lien , including all costs and reasonable attorney' s <br /> fee . <br /> GC 46 CONSTRUCTION PERFORMANCE BOND . ( if required ) <br /> (A) In accordance with the provisions of Section 255 . 05 , Florida Statutes , the Contractor shall provide <br /> to the Owner, on forms furnished by the Owner , a 100 % Performance Bond and a 100 % Labor <br /> and Material Payment Bond ( " Bond " ) each in an amount not less than the total Cost of the <br /> Project as defined in Article II . The Bond shall incorporate by reference the terms of the Contract <br /> Documents in its entirety . Moreover, Contractor agrees that the following language shall be <br /> expressly included within the language of its Performance Bond : <br /> 44 <br /> 12/1/2009 3:45:46 PM <br />
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