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Agreement <br />THIS AGREEMENT is by and between INDIAN RIVER COUNTY, a Political Subdivision of the State of Florida organized <br />and existing under the Laws of the State of Florida, (hereinafter called OWNER) and Summerlin's Marine <br />Construction (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration of the mutual <br />covenants hereinafter set forth, agree as follows: <br />ARTICLE 1- WORK <br />CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally <br />described as follows: <br />Dock Replacement at Lost Tree Island Conservation Area — Joe Earman Island <br />ARTICLE 2 - THE PROJECT <br />The Project for which the Work under the Contract Documents may be the whole or only a part is generally <br />described as follows: <br />Project Name: Dock Replacement at Lost Tree Island Conservation Area — Joe Earman <br />Island <br />RFP Number: 2018036 <br />Project Address: Joe Earman Island in the Indian River Lagoon, approximately 1 mile <br />north of the Merrill Barber Bridge (S.R. 60), in Vero Beach, Florida <br />ARTICLE 3 - CONTRACT TIMES <br />3.01 Time of the Essence <br />A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness for final <br />payment as stated in the specifications are of the essence of the Agreement. <br />3.02 Days to Achieve Substantial Completion, Final Completion and Final Payment <br />A. The Work will be completed and ready for final payment on or before the 90t' day after the date when the <br />Contract Times commence to run. <br />ARTICLE 4 - CONTRACT PRICE <br />4.01 OWNER shall pay CONTRACTOR for completion of the Work an amount in current funds equal to the sum <br />of the amounts determined pursuant to paragraph 4.01.A and summarized in paragraph 4.01.6, below: <br />A. For all Work, at the prices stated in CONTRACTOR's Price Proposal Form, attached hereto as an exhibit. <br />B. THE CONTRACT SUM subject to additions and deductions provided in the Contract Documents: <br />Numerical Amount: $16,400.00 <br />Page 1 of 9 <br />