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SECTION 00520 Agreement <br />THIS AGREEMENT is by and between INDIAN RIVER COUNTY, a Political Subdivision of the <br />State of Florida organized and existing under the Laws of the State of Florida, (hereinafter called <br />OWNER) and GRSC, Inc. (hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in <br />consideration of the mutual covenants hereinafter set forth, agree as follows: <br />ARTICLE 1 -WORK <br />1.01 CONTRACTOR shall complete all Work as specified or indicated in the Contract <br />Documents. The Work is generally described as follows: <br />The proposed project includes installation of a new pavilion, outdoor fitness area and <br />equipment, pedestrian loop, and drinking water fountain, complete with associated <br />Potable water service. <br />ARTICLE 2 - THE PROJECT <br />2.01 The Project for which the Work under the Contract Documents may be the whole or only a <br />part is generally described as follows: <br />Project Name: South County Regional Park Improvements <br />Bid Number: 2025011 <br />Project Address: 800 20th Avenue SW, Vero Beach, FL 32962 <br />ARTICLE 3 - ENGINEER <br />3.01 Masteller & Moler, Inc. is hereinafter called the ENGINEER and will act as OWNER's <br />representative, assume all duties and responsibilities, and have the rights and authority <br />assigned to ENGINEER in the Contract Documents in connection with the completion of the <br />Work in accordance with the Contract Documents. <br />ARTICLE 4 - CONTRACT TIMES <br />4.01 Time of the Essence <br />A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness <br />for final payment as stated in the Contract Documents are of the essence of the Contract. <br />4.02 Days to Achieve Substantial Completion, Final Completion and Final Payment <br />A. The Work will be substantially completed on or before the 180th calendar day after the date <br />when the Contract Times commence to run as provided in paragraph 2.03 of the General <br />Conditions, and completed and ready for final payment in accordance with paragraph 14.07 <br />of the General Conditions on or before the 240th calendar day after the date when the <br />Contract Times commence to run. <br />4.03 Liquidated Damages <br />