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Agreement <br />THIS AGREEMENT is by and between INDIAN RIVER COUNTY, a Political Subdivision of the State of Florida <br />organized and existing under the Laws of the State of Florida, (hereinafter called OWNER) and Sandhill <br />Environmental Services, LLC (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration <br />of the mutual 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 <br />generally described as follows: <br />Earman Island Phase IV Re -Vegetation, Bid 2023032 <br />ARTICLE 2 - CONTRACT TIMES <br />2.01 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 />2.02 Days to Achieve Substantial Completion, Final Completion and Final Payment <br />A. Plantings will be installed and invoiced in accordance with Articles 3 and 4 by September 15, 2023. <br />ARTICLE 3 - CONTRACT PRICE <br />3.01 OWNER shall pay CONTRACTOR for completion of the Work an amount in current funds equal to <br />the sum of the amounts determined pursuant to paragraph 4.01.A and summarized in paragraph <br />4.01.C, below: <br />A. For all installed plantings at the sizes and unit prices stated in CONTRACTOR's Bid, included as Exhibit <br />1. <br />B. For the successful maintenance of all plantings for 180 days after installation, at the conclusion of <br />that period, and at the lump sum price stated in Exhibit 1. <br />C. THE CONTRACT SUM subject to additions and deductions provided in the Contract Documents: <br />Numerical Amount: $258,353.18 <br />Written Amount: Two -hundred fifty-eight thousand, three hundred fifty-three dollars and <br />eighteen cents. <br />ARTICLE 4 - PAYMENT PROCEDURES <br />4.01 Progress Payments. <br />A. The OWNER shall make progress payments to the CONTRACTOR on the basis of the <br />approved partial payment request as recommended by ENGINEER in accordance with the <br />1 <br />60 <br />