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CA <br />Cl <br />i <br />4.9 At no additional cost to the OWNER" the CONTRACTOR shall replace, remove, relocate, protect, <br />or temporarily maintain a facility which is not in a position differing materially and significantly <br />from that indicated or referral to in [lie Contract Documents. At no additional cost to the OWNER. <br />the CONTRACTOR shall adjust the top elevation of all valve boxes and manholes to match the <br />finish grade or pavement surface and shall replace, remove, relocate, protect, or temporarily <br />maintain all service connections, irrigation pipes, and traffic signal wiring. The work on the facility, <br />service connection, irrigation pipe or traffic signal wiring shall be done in a manncr satisfactory to <br />the Utility, it being understood that the Utility has the option of doing such work with his own <br />forces, or permitting the work to be done by the CONTRACTOR. <br />Reference Points <br />4.10 OWNER shall provide engineering surveys to establish reference points for construction which in <br />ENG[NEER's judgment are necessary to enable CONTRACTOR to proceed with the Work. <br />CONTRACTOR shall be responsible for laying out the Work (unless otherwise specified in the <br />General Requirements), shall protect and preserve the established reference points and shall make <br />no changes or relocations without the prior written approval of OWNER. CONTRACTOR shall <br />report to ENGINEER whenever any reference point is lost or destroyed or requires relocation <br />because of necessary changes in grades or locations, and shall be responsible for the accurate <br />replacement or relocation of such reference points by professionally qualified personnel.. <br />AIdTICLE 5 - BONDS AND INSURANCE <br />5,1 Within ten (10) days of receipt of the Contract Documents for execution, the successful bidder shall <br />furnish a Performance Bond in an amount equal to 125% of the contract price and a Payment Bond <br />in an amount equal to 100% of the contract price for the faithful performance and payment of all <br />CONTRACTOR'S obligations under the Contract Documents The CONTRACTOR shall provide <br />two separate brands, a combined Payment and Performance Bond for 125% of the contract price is <br />not an acceptable substitute. CONTRACTOR shall furnish the bonds on the forms provided in these <br />Contract Documents in accordance with Article 5. The CONTRACTOR is required at all times to <br />have valid Performance and Payment Bonds in force covering the work being performed. A failure <br />to have such bonds in force at any time shall constitute a default on the part of the CONTRACTOR. <br />If the surety writing the Performance and Payment Bonds becomes disqualified, then this shall <br />automatically constitute a failure on the part of the CONTRACI'OR to meet the above requirements. <br />All bonds shall be in the forms prescribed by Law or Regulation or by the Contract Documents and <br />be executed by such sureties as are named in the current list of"Companies ]-Folding Certificates of <br />Authority as Acceptable Sureties on federal Bonds and as Acceptable Reinsuring Companies" as <br />published in Circular 570(amended) by the Audit Staff Bureau of Accounts. U.S. Treasury <br />Department. All Bonds signed by an agent must be accompanied by a certified copy of (lie authority <br />to act. <br />5.2 If the surety on any Bond furnished by CONTRACTOR is declared bankrupt or becomes insolvent <br />or its right to do business is terminated in any state where any part of the Project is located or it <br />ceases to meet the requirements of paragraph 5.1, CONTRACTOR shall within five (5) days <br />thereafter substitute another Bond and Surety, both of"which must he acceptable to OWNER. <br />In lieu of the Performance and Payment Bonds, the CONTRACTOR may furnish an alternative form <br />of security in the form of cash, money order, certified check, cashier's check, irrevocable letter of <br />credit or a security as listed in Part If of F.S. Chapter 625. Any such alternative Harm of security <br />shall he for the same purposes, and be for the same amount and sublcct to the same conditions as <br />those applicable to the bond otherwise required. The determination of the value of an alternative <br />farm of security shall be made by the OWNER. Such honds shall continue in Meet for one (1) year <br />after completion and acceptance of the work. <br />GENERAL CON'DI'1110Nti <br />(IC - B <br />