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40 <br />i <br />AGREEMENT <br />INDIAN RIVER COUNTY, FLORIDA <br />IMPROVEMENTS TO: <br />SOUTH COUNTY PARK, PHASE IT <br />IRC PROJECT NO. 9624 <br />THIS AGREEMENT made and entered into on the _5th _day of -J-U e . <br />2000, by and between BART T CONSTR 1 .TIOjy,1n. <br />(Name) <br />1717 INDIAN RIVER BOI]LEVAIW SD=02A, VPRO IIEACII.ELSI DA 3296111 <br />(Address) <br />herein after called the Contractor, and INDIAN RIVER COUN'T'Y, a Political Subdivision of the State of Florida <br />organized and existing under the Laws of the Stale of Florida, hereinafter called file County. <br />WITS 7ESSED: <br />That file Contractor and the County, for the consideration hereinafter named, agree as follows: <br />Article 1. SCOPE OF WORK. The Contractor shall furnish all of die materials and Perform all the work <br />shown on the Drawings and described in the Specifications entitled <br />IMPROVEMENTS TO: SOUTH COUNTY PARK IMPROVEMENTS, PHASE 11 <br />for Indian River County, Florida and shall do everything required by this Agreement and Contract <br />Documents. Payment shall be made in accordance Willi the Itemized Bid Schedule attached as <br />Exhibit "A" and made a part of this agreement. <br />Article 2. COMMENCEMENT AND COMPLETION & LIQUIDATED DAMAGES: As time is of the <br />essence, the Contractor will be required to commence work under this contract wilhin twenty (20) <br />calendar days after receipt of the notice -to -proceed and shall complete the project within ,ISO <br />days- as specified in the General Conditions, Paragraph 10. The Contractor agrees to reimburse <br />Indian River County, Florida for liquidated claniages for each calendar clay elapsing between the <br />date herein specified as the day of full completion and the actual day of such completion ofthe <br />Contract work the amount of 14Vi} 111t_ I)RED FIFTY (S_25510,0_) Per calendar day. <br />Not to exceed the total amount ofthe contract. <br />Article 3. THE CONTRACT SUM: The County will pay the Contractor for Performance of the Comiacl, <br />subject to additions and deductions provided therein, in current finds as follows: <br />Numerical Amount <br />JMJJJZ= K411 MCI MIDI WIDLIA1 i k i► <br />I ti F F a t :► F 9 <br />Article 4. PAYMENT & RETAINAGE: Progress payments on the Contract amount for life value of work <br />completed and component material on site will be oracle upon request at not less than monthly <br />intervals. 71c request must be made through the Engineer off an approved estimate showing the <br />component breakdown of the work totaling, lire awarded Contract price and the aniount of work <br />for each item completed at the time of [hc request. Except as may be modified herein, ten percent <br />(10%) of all amounts carried will be retained by the County until final complctinn and acceptance <br />of the Contract. <br />A-1 <br />