2000-310 - Laserfiche WebLink

Home Browse Search

i f I I 20. I tPNR, This project is a "Public Work" under Chapter 255, Florida Statutes. No merchant's liens may be filed against the Owner. Any claimant may apply to the Owner for a copy of f' this Contract. The claimant shall have a right of action against the Contractor for the amount 1 due him. Such action shall not involve the Owner in any expense. Claims against the Contractor are subject to timely prior notice to the Contractor as specified in Florida Statutes r' Section 255.05. The Contractor shall insert the following paragraph in all subcontracts hereunder"Notice: Claims for labor materials and et lien not et w gsahhk against Indian give, Court, it a, subunt to tomair itrior notice to ar nesNmr,el and to lCwtracmr shall he�eyery s,h-subcormact hereunder " The payment due under the Contract shall be paid by the Owner to the Contractor only after the Contractor has famished the Owner with an affidavit stating that all persons, firms or corporations who are defined in Section 713.01, Florida Statutes, who have furnished labor or materials, employed directly or indirectly in the work, have been paid in full. The Owner may rely on said affidavit at face value. The Contractor does hereby release, remiss and quit claim any and all rights he may enjoy to perfect any lien or any other type of statutory common law or equitable lien against the job. 21. BID BOND: All bids shall be submitted in duplicate upon the Proposal Form herein, or verbatim copy thereof, and each proposal shall be accompanied by a Bid Bond or a Certified Check, Cashier's Check, Treasurers Check or Bank Draft of any National or State Bank, in the amount of 5% of the total bid price, payable to Indian River County and conditioned upon the successful Bidder entering into contract with surety as specified. Guaranty of the successful Bidder shall be forfeited to Indian River County not as a penalty, but as liquidated damages for the cost and expense incurred should said bidder fail to submit satisfactory surety or fail to comply with any other requirements of the Specifications or ofhis Proposal. 22. PERFORMANCE AND PAYMENT BONDG_(,SURETY) Within twenty (20) days of receipt of the Contract Documents for execution, the successful bidder shall furnish a Performance Bond in an amount equal to 125%of the contract price and a Payment Bond in an amount equal to 100% of the contact price as specified herein, of the form and containing all of the provisions as stated herein. The Contractor union record the Performers and Payment Bond= with the Clerk afCoull,, Indian River CountX The Contractor shall provide two separate bonds, a combined Payment and Performance Bond for 125%of the contract price is not an acceptable substitute. The Contractor is required at all times to have a valid Performance and Payment Bond in force covering the work being performed. A failure to have such bond in tome at any time shall constitute a default on the part of the contractor. If the surety writing the Public Construction Bond becomes disqualified, then this shall automatically constitute a failure on the part of the Contractor to meet the above requirements. The performance bond shall contain a specific provision that delay damages are covered by the performance bond. GC -9