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Agreement for the Installation of New Concrete Pad at IRC Landfill <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 Summit Construction of Vero <br />Beach, LLC (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration of the mutual covenants <br />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 />Phase 1- Installation of New Concrete Pad at IRC Landfill <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 described <br />as follows: <br />Project Name: Phase 1 - Installation of New Concrete Pad at IRC Landfill <br />Bid Number: 2020050 <br />Project Address: 1325 74`' Ave SW, Vero Beach, Florida 32968 <br />ARTICLE 3 - CONTRACT TIM <br />3.01 Time of the Essence <br />A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness for final payment <br />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 60th 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 of <br />the amounts determined pursuant to paragraph 4.01.A and summarized in paragraph 4.01.13, below: <br />A. For all Work, at the prices stated in CONTRACTOR's Bid: <br />Phase 1- Installation of New Concrete Pad at IRC Landfill: <br />Numerical Amount: $183,000.00 <br />Written Amount: One hundred eighty three thousand dollars and zero cents <br />Agreement - New Concrete Pad at IRC Landfill (Bid Award No 202050 - Phase 1) <br />Page 1 of 8 <br />