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Bid No. 2019005/IRC-1760
<br /> shall be for the same purpose,and be for the same amount and subject to the same conditions
<br /> as those applicable to the bond otherwise required.The determination of the value of an
<br /> alternative form of security shall be made by the OWNER.
<br /> B. Such Bond shall continue in effect for one (1)year after acceptance of the Work by the OWNER.
<br /> C. The OWNER shall record the Public Construction Bond with the Public Record Section of the
<br /> Indian River County Courthouse located at 2000 16th Avenue,Vero Beach, Florida 32960.
<br /> ARTICLE 7-INDEMNIFICATION
<br /> 7.01 CONTRACTOR shall indemnify and hold harmless the OWNER, and its commissioners, officers,
<br /> employees, and agents, from liabilities, damages, losses and costs, including, but not limited to,
<br /> reasonable attorney's fees, to the extent caused by the negligence, recklessness, or intentional
<br /> wrongful misconduct of the CONTRACTOR and persons employed or utilized by the CONTRACTOR in
<br /> the performance of the Work.
<br /> ARTICLE 8-CONTRACTOR'S REPRESENTATIONS
<br /> 8.1 In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following
<br /> representations:
<br /> A. CONTRACTOR has examined and carefully studied the Contract Documents and the other related
<br /> data identified in the Invitation to Bid documents.
<br /> B. CONTRACTOR has visited the Site and become familiar with and is satisfied as to the general, local,
<br /> and Site conditions that may affect cost, progress,and performance of the Work.
<br /> C. CONTRACTOR is familiar with and is satisfied as to all federal,state,and local Laws and Regulations
<br /> that may affect cost,progress,and performance of the Work.
<br /> D. CONTRACTOR has obtained and carefully studied (or assumes responsibility for having done so) all
<br /> additional or supplementary examinations, investigations, explorations, tests, studies, and data
<br /> concerning conditions(surface,subsurface,and Underground Facilities) at or contiguous to the Site
<br /> which may affect cost, progress,or performance of the Work or which relate to any aspect of the
<br /> means, methods, techniques, sequences, and procedures of construction to be employed by
<br /> CONTRACTOR, including applying the specific means, methods, techniques, sequences, and
<br /> procedures of construction, if any,expressly required by the Contract Documents to be employed
<br /> by CONTRACTOR,and safety precautions and programs incident thereto.
<br /> E. CONTRACTOR does not consider that any further examinations, investigations, explorations,tests,
<br /> studies, or data are necessary for the performance of the Work at the Contract Price, within the
<br /> Contract Times,and in accordance with the other terms and conditions of the Contract Documents.
<br /> F. CONTRACTOR is aware of the general nature of work to be performed by OWNER and others at the
<br /> Site that relates to the Work as indicated in the Contract Documents.
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