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2007-012
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2007-012
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Last modified
4/22/2016 12:08:00 PM
Creation date
9/30/2015 10:28:51 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
01/09/2007
Control Number
2007-012
Agenda Item Number
11.I.2
Entity Name
L.H.Tanner Construction
Subject
Indian River Drive South Sidewalk Improvements
Area
Indian River Drive
Project Number
0201
Bid Number
2007027
Supplemental fields
SmeadsoftID
6065
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demand for additional payment on account of any of <br /> 3. Any part of CONTRACTOR's capital the foregoing will be valid. <br /> expenses, including interest on CONTRACTOR's <br /> capital employed for the Work and charges against B. Prior to final payment, an appropriate Change <br /> CONTRACTOR for delinquent payments. Order will be issued as recommended by ENGINEER to <br /> reflect actual amounts due CONTRACTOR on account of <br /> 4. Costs due to the negligence of CON- Work covered by allowances, and the Contract Price shall <br /> TRACTOR, any Subcontractor, or anyone directly be correspondingly adjusted. <br /> or indirectly employed by any of them or for whose <br /> acts any of them may be liable, including but not 11 .03 Unit Price Work <br /> limited to, the correction of defective Work, disposal <br /> of materials or equipment wrongly supplied, and A. Where the Contract Documents provide that all or <br /> making good any damage to property. part of the Work is to be Unit Price Work, initially the <br /> Contract Price will be deemed to include for all Unit Price <br /> 5 . Other overhead or general expense costs Work an amount equal to the sum of the unit price for each <br /> of any kind and the costs of any item not specifically separately identified item of Unit Price Work times the <br /> and expressly included in paragraphs 11 .0l .A and estimated quantity of each item as indicated in the Agree- <br /> 11 .01 .B. ment. The estimated quantities of items of Unit Price Work <br /> are not guaranteed and are solely for the purpose of <br /> C. CONTRACTOR 's Fee. When all the Work is comparison of Bids and determining an initial Contract <br /> performed on the basis of cost-plus, CONTRACTOR's fee Price. Determinations of the actual quantities and <br /> shall be determined as set forth in the Agreement. When classifications of Unit Price Work performed by <br /> the value of any Work covered by a Change Order or when CONTRACTOR will be made by ENGINEER subject to <br /> a Claim for an adjustment in Contract Price is determined the provisions of paragraph 9.08. <br /> on the basis of Cost of the Work, CONTRACTOR's fee <br /> shall be determined as set forth in paragraph 12 .01 .C. B. Each unit price will be deemed to include an <br /> amount considered by CONTRACTOR to be adequate to <br /> D. Documentation: Whenever the Cost of the Work cover CONTRACTOR's overhead and profit for each <br /> for any purpose is to be determined pursuant to paragraphs separately identified item. <br /> 11 .0 LA and 11 .0I .B, CONTRACTOR will establish and <br /> maintain records thereof in accordance with generally C. OWNER or CONTRACTOR may make a Claim <br /> accepted accounting practices and submit in a form for an adjustment in the Contract Price in accordance with <br /> acceptable to ENGINEER an itemized cost breakdown paragraph 10.05 if: <br /> together with supporting data. <br /> 1 . the quantity of any item of Unit Price <br /> 11 .02 Cash Allowances Work performed by CONTRACTOR differs mate- <br /> rially and significantly from the estimated quantity <br /> A. It is understood that CONTRACTOR has included of such item indicated in the Agreement; and <br /> in the Contract Price all allowances so named in the <br /> Contract Documents and shall cause the Work so covered to 2. there is no corresponding adjustment <br /> be performed for such sums as may be acceptable to with respect any other item of Work; and <br /> OWNER and ENGINEER. CONTRACTOR agrees that: <br /> 3 . if CONTRACTOR believes that <br /> 1 . the allowances include the cost to CON- CONTRACTOR is entitled to an increase in <br /> TRACTOR (less any applicable trade discounts) of Contract Price as a result of having incurred addi- <br /> materials and equipment required by the allowances tional expense or OWNER believes that OWNER is <br /> to be delivered at the Site, and all applicable taxes; entitled to a decrease in Contract Price and the <br /> and parties are unable to agree as to the amount of any <br /> such increase or decrease. <br /> 2. CONTRACTOR's costs for unloading <br /> and handling on the Site, labor, installation costs, <br /> overhead, profit, and other expenses contemplated <br /> for the allowances have been included in the <br /> Contract Price and not in the allowances, and no <br /> 00700 - 34 <br />
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