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2007-043
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2007-043
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Last modified
5/3/2016 2:19:48 PM
Creation date
9/30/2015 10:34:17 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/06/2007
Control Number
2007-043
Agenda Item Number
11.J.3
Entity Name
SPS Contracting, Inc.of Vero Beach
Subject
Force main for waste water transmission
Area
82nd Ave. and 8th St. to9 58th Ave. and 5th St. SW
Project Number
UCP-2628
Bid Number
2007028
Supplemental fields
SmeadsoftID
6111
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• �r r/ <br /> 4. Provide a system to the OWNER which is of beneficial use and allows the <br /> OWNER to provide utility service to their customers with normal <br /> operations . <br /> Completion of all tasks outlined above (i .e. , Subparagraphs a) constitute Substantial <br /> Completion . <br /> (b) From 211 calendar days to 2412 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. Restore all disturbed areas to their pre-construction condition . <br /> 3. Correct all deficiencies noted by Engineer. <br /> 4. Remove all equipment and material from project site. <br /> 5. Perform contract close-out procedures . <br /> Completion of all tasks outlined above (i . e. , Subparagraphs a and b) 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 <br /> thereof allowed in accordance with Article 12 of the General Conditions. They also <br /> recognize the delays, expense and difficulties involved in proving in a legal proceeding <br /> the actual loss suffered by OWNER if the work is not completed on time. Accordingly, <br /> instead of requiring any such proof, OWNER and CONTRACTOR agree that as <br /> liquidated damages for delay (but not as a penalty) CONTRACTOR shall pay OWNER <br /> three hundred and fifty dollars ($350. 00) for each day that expires after the time <br /> specified in Paragraph 3 . 1 for Substantial Completion , if CONTRACTOR shall neglect, <br /> refuse or fail to complete the remaining work within the Contract Time or any proper <br /> extension thereof granted by OWNER, CONTRACTOR shall pay OWNER three <br /> hundred and fifty dollars ($350 .00) for each day that expires after the time specified in <br /> Paragraph 3. 1 for completion and readiness for final payment. <br /> 3 .3 In addition to the above-stated liquidated damages, the CONTRACTOR shall be <br /> responsible for reimbursing OWNER for all costs incurred by OWNER to third party <br /> consultants including , without limiting the generality of the foregoing , any <br /> ENGINEER in administering the construction of the Project beyond the Substantial <br /> Completion date as specified in the Contract or beyond an approved extension of <br /> time granted to CONTRACTOR , whichever date is later. <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 -4t.1 275,769 q9. <br /> 044572015 <br /> 00530-2 <br />
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