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9/30/2015 10:38:12 PM
Official Document Type
Agenda Item Number
Derrico Construction Corporation
Agreement Hobart Industrial Park Master Water Main
Hobart Industrial Park 77th St.
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2. Receive approved shop drawings for all materials and equipment to be <br /> utilized in the job . <br /> 3 . Perform all photographic recording and documentation of conditions <br /> prior to construction . <br /> 4. Locate all existing utilities in the area of work . <br /> 5 . Mobilize all labor, equipment, and materials. <br /> 6 . Deliver and store all equipment and materials to the job site . <br /> 7. Notify all utilities and other affected parties prior to initiating construction . <br /> (b) From 81 calendar days to 121 calendar days from the effective date of Notice to <br /> Proceed , the CONTRACTOR shall complete the following tasks: <br /> 1 . Install all pipe and appurtenant items . <br /> 2. Perform all testing . <br /> 3 . Restore all disturbed areas to their preconstruction condition . <br /> 4. Correct all deficiencies noted by Engineer. <br /> Completion of all tasks outlined above (i .e . , Subparagraphs a and b) constitute <br /> Substantial Completion . <br /> C) From 121 calendar days to 151 calendar days from the effective date of Notice <br /> to Proceed , the CONTRACTOR shall complete the following tasks: <br /> 1 . Clean up project area . <br /> 2 . Remove all equipment and material from project site . <br /> 3 . Perform contract close-out procedures. <br /> Completion of all tasks outlined above (i . e. , Subparagraphs a , b, and c) constitute Final <br /> Completion . <br /> 3. 2 Liquidated Damages. OWNER and CONTRACTOR recognize that time is of the <br /> essence of this Agreement and that OWNER will suffer financial loss if the work is not <br /> completed within the times specified in Paragraph 3. 1 above, plus any extensions thereof <br /> allowed in accordance with Article 12 of the General Conditions. They also recognize the <br /> delays, expense and difficulties involved in proving in a legal proceeding the actual loss <br /> suffered by OWNER if the work is not completed on time. Accordingly, instead of <br /> requiring any such proof, OWNER and CONTRACTOR agree that as liquidated damages <br /> for delay (but not as a penalty) CONTRACTOR shall pay OWNER four-hundred and fifty <br /> dollars ($450. 00) for each day that expires after the time specified in Paragraph 3. 1 for <br /> Substantial Completion , if CONTRACTOR shall neglect, refuse or fail to complete the <br /> remaining work within the Contract Time or any proper extension thereof granted by <br /> OWNER, CONTRACTOR shall pay OWNER four-hundred and fifty dollars ($450.00) for <br /> each day that expires after the time specified in Paragraph 3. 1 for completion and <br /> readiness for final payment. <br /> ARTICLE 4. CONTRACT PRICE . <br /> 4. 1 OWNER shall pay CONTRACTOR for completion of the work in accordance with the <br /> Contract Documents in current funds in the amount of $ 256 -691 00 . <br /> 00530 EJCDC - Derrico Construction Corp <br /> 00530-2 <br /> F Utililies',UTILITV - ENGINEERING\Projects - Utility Construction PermitsilRC - Hobart Industrial Park Water Main Extension for Waste Management- McCaini00530 EJCDC <br /> - Derdm Construction Corp doc <br />
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