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Bid No. 2020053/IRC-1855 AGREEMENT THIS AGREEMENT is by and between INDIAN RIVER COUNTY, a Political Subdivision of the State of Florida organized and existing under the Laws of the State of Florida, (hereinafter called OWNER) and Kerns Construction & Property Management Corp. (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows: ARTICLE 1- WORK CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows: PROJECT DESCRIPTION: Site work: to include demolition of existing concrete sidewalk, retaining walls, stairs, removal of trees, and signs. New construction to include sidewalk, concrete parking spaces, drainage improvements, signage, and stripping. Structural work: to include removing interior floor sections, replacing masonry pier, replacing floor beams, replacing floor joists, leveling of floor, installing new flooring, remove existing roofing, rafter repairs, installing new roof sheeting and shingles, remove and replace doors, remount/ or reseal windows, remove and replace sections of wood siding, painting exterior, constructing new retaining wall, constructing new stairs, handrails, fencing. ARTICLE 2 - THE PROJECT The Project for which the Work under the Contract Documents may be the whole or only a part is generally described as follows: Project Name: ROSELAND COMMUNITY CENTER BUILDING & SITE IMPROVEMENTS (IRC -1855) Bid Number: 2020053 Project Address: 1297383 RD AVENUE, SEBASTIAN, FL 32958 ARTICLE 3 - CONTRACT TIMES 3.01 Time of the Essence A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness for final payment as stated in the specifications are of the essence of the Agreement. 3.02 Days to Achieve Substantial Completion, Final Completion and Final Payment