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HomeMy WebLinkAbout2008-325SECTION 00530 - EJCDCC �v' ' 3~ STANDARD FORM OF AGREEMENT BETWEEN OWNER AND CONTRACTOR ON THE BASIS OF A STIPULATED PRICE THIS AGREEMENT ("Agreement" or "Contract"), dated the / V 0/2L day of c-2 in the year 2008 by and between Indian River County, a political subdivision .of the State of Florida (hereinafter called OWNER) and DFZ02-/c6 C4imJ31-X-c/c77oV G,x,n,,d .(hereinafter called CONTRACTOR). OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows: ARTICLE 1 WORK CONTRACTOR as an independent contractor and not as an employee shall furnish and complete all of the necessary labor, material, and equipment to perform the work as specified or indicated in the Contract Documents. The work is generally described as follows: Furnish and install about 10,500 LF of 6" PVC water main, 3,000 LF of 4" PVC water main, 2,000 LF of 2" PE water main, 13 fire hydrants, 128 water services and restoration. ARTICLE 2 ENGINEER The project has been designed by Gordon E. Sparks, P.E., hereinafter called ENGINEER, and who is to act as OWNER'S representative, assume all duties and responsibilities and have the rights and authority assigned to ENGINEER in the Contract Documents in connection with completion of the work in accordance with the Contract Documents. ARTICLE 3 CONTRACT TIME 3.1 The CONTRACTOR shall be substantially completed with the following timeframe (a) Within 15 calendar days from effective date of Notice to Proceed, Contractor shall complete the following tasks: 1. Obtain all necessary permits. 2. Receive approved shop drawings for all materials and equipment to be utilized in the job. 3. Perform all photographic recording and documentation of conditions prior to construction. 4. Locate all existing utilities in the area of work. 5. Submit and secure approval of shop drawings. 6. Mobilize all labor, equipment, and materials. 7. Deliver and store all equipment and materials to the job site. 8. Notify all utilities and other affected parties prior to initiating construction. (b) From 16 calendar days to 90 calendar days from the effective date of Notice to Proceed, the CONTRACTOR shall complete the following tasks: 00530-1 1. Install all pipe and appurtenant items. 2. Perform all vesting. 3. Restore all disturbed areas to their pre -construction condition. 4. Correct all deficiencies noted by Engineer. Completion of all tasks outlined above (i.e., Subparagraphs a) and b) constitutes Substantial Completion. (b) From 91 calendar days to 120 calendar days from the effective date of Notice to Proceed, the CONTRACTOR shall complete the following tasks: 1. Clean up project area. 2. Remove all equipment and material from project site. 3. Perform contract closeout procedures. Completion of all tasks outlined above (i.e., Subparagraphs a, b, and c) constitute Final Completion, 3.2 Liquidated Damages. OWNER and CONTRACTOR recognize that time is of the essence of this Agreement and that OWNER will suffer financial loss if the work is not completed within the times specified in Paragraph 3.1 above, plus any extensions thereof allowed in accordance with Article 12 of the General Conditions. They also recognize the delays, expense and difficulties involved in proving in a legal proceeding the actual loss suffered by OWNER if the work is not completed on time. Accordingly, instead of requiring any such proof, OWNER and CONTRACTOR agree that as liquidated damages for delay (but not as a penalty) CONTRACTOR shall pay OWNER four -hundred and fifty dollars ($450.00) for each day that expires after the time specified in Paragraph 3.1 for Substantial Completion, if CONTRACTOR shall neglect, refuse or fail to complete the remaining work within the Contract Time or any proper extension thereof granted by OWNER, CONTRACTOR shall pay OWNER four -hundred and fifty dollars ($450.00) for each day that expires after the time specified in Paragraph 3.1 for completion and readiness for final payment. ARTICLE 4 CONTRACT PRICE 4.1 OWNER shall pay CONTRACTOR for completion of the work in accordance with the Contract Documents in current funds in the amount of $ 4/97 22�j, ori ARTICLE 5 PAYMENT PROCEDURES CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the General Conditions. Applications for Payment will be processed by ENGINEER as provided in the General Conditions and the Contract Documents, 5.1 Progress Payments. The OWNER shall make progress payments to the CONTRACTOR on the basis of the approved partial payment request as recommended by ENGINEER in accordance with the provisions of the Local Government Prompt Payment Act, Florida Statutes section 218.70 et. seq. The OWNER shall retain ten percent (10%) of the payment amounts due to the CONTRACTOR until fifty percent (50%) completion of the work. After fifty percent (50%) completion of the work is attained as certified to OWNER by ENGINEER in writing, OWNER shall retain five percent (5%) of the payment amount due to 00530-2 CONTRACTOR until final completion and acceptance of all work to be performed by CONTRACTOR under the Contract Documents. Pursuant to Florida Statutes section 218.735(8)(b), fifty percent (50%) completion means the point at which the County as OWNER has expended fifty percent (50%) of the total cost of the construction services work purchased under the Contract Documents, together with all costs associated with existing change orders and other additions or modifications to the construction services work provided under the Contract Documents. 5.2 Pay Requests. Each request for a progress payment shall be submitted on the application for payment form supplied by OWNER and the application for payment shall contain the CONTRACTOR's certification. All progress payments will be on the basis of progress of the work measured by the schedule of values established, or in the case of unit price work based on the number of units completed. After fifty percent (50%) completion, and pursuant to Florida Statutes section 218.735(8)(d), the CONTRACTOR may submit a pay request to the County as OWNER for up to one half (1/2) of the retainage held by the County as OWNER, and the County as OWNER shall promptly make payment to the CONTRACTOR unless such amounts are the subject of a good faith dispute; the subject of a claim pursuant to Florida Statutes section 255.05(2005); or otherwise the subject of a claim or demand by the County as OWNER or the CONTRACTOR. The CONTRACTOR acknowledges that where such retainage is attributable to the labor, services, or materials supplied by one or more subcontractors or suppliers, the Contractor shall timely remit payment of such retainage to those subcontractors and suppliers. Pursuant to Florida Statutes section 218.735(8)(c)(2005), CONTRACTOR further acknowledges and agrees that: 1) the County as OWNER shall receive immediate written notice of all decisions made by CONTRACTOR to withhold retainage on any subcontractor at greater than five percent (5%) after fifty percent (50%) completion; and 2) CONTRACTOR will not seek release from the County as OWNER of the withheld retainage until the final pay request. 5.3 Paragraphs 5.1 and 5.2 do not apply to construction services work purchased by the County as OWNER which are paid for, in whole or in part, with federal funds and are subject to federal grantor laws and regulations or requirements that are contrary to any provision of the Local Government Prompt Payment Act. In such event, payment and retainage provisions shall be governed by the applicable grant requirements and guidelines. 5.4 ACCEPTANCE AND FINAL PAYMENT: Upon receipt of written notice that the work is ready for final inspection and acceptance, the ENGINEER will promptly make such inspection and when the ENGINEER finds the work acceptable under the terms of the Contract and the Contract fully performed, the ENGINEER will promptly issue a final completion certificate stating that the work provided for in this Contract has been completed, and acceptance by the OWNER under the terms and the conditions thereof is recommended and the entire balance found to be due the CONTRACTOR, will be paid to the CONTRACTOR by the OWNER following County Commission approval of the final Contract payment. 5.5 Acceptance of Final Payment as Release. The acceptance by the CONTRACTOR of final payment shall be and shall operate as a release to the OWNER from all claims and all liability to the CONTRACTOR other than claims in stated amounts as may be specifically excepted by the CONTRACTOR for all things done or furnished in connection with the work under this Contract and for every act and neglect of the OWNER and others relating to or arising out of the work. Any payment, however, final or otherwise, shall not release the CONTRACTOR or its sureties from any obligations under the Contract Documents or the Payment and Performance Bonds. 00530-3 ARTICLE 6 INTEREST Not Applicable, ARTICLE 7 CONTRACTOR'S REPRESENTATIONS In order to induce OWNER to enter into this Agreement, CONTRACTOR makes the following representations: 7.1 CONTRACTOR has familiarized itself with the nature and extent of the Contract Documents, work, site, locality, and all local conditions and laws and regulations that in any manner may affect cost, progress, performance or furnishing of the work. 7.2 CONTRACTOR has studied carefully all reports of explorations and tests of subsurface conditions and drawings of physical conditions which are identified in the Supplementary Conditions as provided in Paragraph 4.02 of the General Conditions, and accepts the determination set forth in Paragraph SC4.02 of the Supplementary Conditions of the extent of the technical data contained in such reports and drawings upon which CONTRACTOR is entitled to rely. 7.3 CONTRACTOR has obtained and carefully studied (or assumes responsibility for obtaining and carefully studying) all such examinations, investigations, explorations, tests, reports and studies (in addition to or to supplement those referred to in Paragraph 7.2 above) which pertain to the subsurface or physical conditions at or contiguous to the site or otherwise may affect the cost, progress, performance or furnishing of the work as CONTRACTOR considers necessary for the performance of furnishing of the work at the Contract Price, within the Contract Time and in accordance with the other terms and conditions of the Contract Documents, including specifically the provisions of Paragraph 4.02 of the General Conditions; and no additional examinations, investigations, explorations, tests, reports, studies or similar information or data are or will be required by CONTRACTOR for such purposes. 7.4 CONTRACTOR has reviewed and checked all information and data shown or indicated on the Contract Documents with respect to existing underground facilities at or contiguous to the site and assumes responsibility for the accurate location of said underground facilities. No additional examinations, investigations, explorations, tests, reports, studies or similar information or data in respect of said underground facilities are or will be required by CONTRACTOR in order to perform and furnish the work at the Contract Price, within the Contract Time and in accordance with the other terms and conditions of the Contract Documents, including specifically the provisions of Paragraph 4.04 of the General Conditions. 7.5 CONTRACTOR has correlated the results of all such observations, examinations, investigations, explorations, tests, reports and studies with the terms and conditions of the Contract Documents. 7.6 CONTRACTOR has given ENGINEER written notice of all conflicts, errors or discrepancies that he has discovered in the Contract Documents and the written resolution thereof by ENGINEER is acceptable to CONTRACTOR. 00530-4 ARTICLE 8 CONTRACT DOCUMENTS. The Contract Documents which comprise the entire agreement between OWNER and CONTRACTOR concerning the work consist of the following: 8.1 This Agreement (Section 00530). 8.2 Performance and Payment Bonds (Sections 00610 and 00612). 8.3 Notice of Award and Notice to Proceed (examples in Section 00800). 8.4 General Conditions (Section 00700). 8.5 Supplementary Conditions (Section 00800). 8.6 Specifications bearing the title "San Sebastian Proiect" as listed in the table of contents hereof. 8.7 Drawings, inclusive with each sheet bearing the following general title "San Sebastian Springs Subdivision Water Assessment Project.", 8.8 Addenda numbers d to o , inclusive. 8.9 CONTRACTOR'S Bid (Section 00300). 8.10 Specifications bearing the title "IRCDUS Water and Wastewater Utility Standards July 2007", or the latest version thereof, 8.11 The following, which may be delivered or issued after the effective date of the Agreement and are not attached hereto: All written amendments and other documents amending, modifying, or supplementing the Contract Documents pursuant to Paragraphs 3.04 of the General Conditions. There are no Contract Documents other than those listed above in this Article 8. The Contract Documents may only be amended, modified or supplemented as provided in Paragraphs 3.04 of the General Conditions. ARTICLE 9 MISCELLANEOUS 9.1 Terms used in this Agreement which are defined in Article 1 of the General Conditions will have the meanings indicated in the General Conditions. 9.2 It is agreed that the CONTRACTOR shall not assign, transfer, convey, or otherwise dispose of the contract or its right, title, or interest in or to the same or any part thereof, or allow legal action to be brought in its name for the benefit of others, without previous consent of the OWNER and concurred to by the sureties. Any attempted assignment shall be void and may, at the option of the OWNER be deemed an event of default hereunder. Nothing herein shall be construed as creating any personal liability on the part of any officer or agent of the OWNER who may be a party hereto. 00530-5 9.3 OWNER and CONTRACTOR each binds itself, its partners, successors, assigns and legal representatives to the other party hereto, its partners, successors, assigns and legal representatives in respect of all covenants, agreements and obligations contained in the Contract Documents, 9A The CONTRACTOR shall be properly licensed to practice its trade or trades which are involved in the completion of this Agreement and the work thereunder. 9.5 This Agreement shall be governed by the laws of the State of Florida. Venue for any lawsuit brought by either party against the other party or otherwise arising out of this agreement shall be in Indian River County, Florida, or, in the event of federal jurisdiction, in the United States District Court for the Southern District of Florida. 9.6 CONTRACTOR agrees to indemnify and hold harmless the OWNER, together with its agents, engineers, employees, elected officers and representatives, from liabilities, damages, losses, and costs, including but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness or intentional wrongful misconduct of the CONTRACTOR and persons employed or utilized by the CONTRACTOR in the performance of the work under this Agreement. This indemnification and hold harmless provision shall survive the termination or expiration of this Agreement. The indemnification is limited to $5 million per occurrence. 9.7 Pledge of Credit. The CONTRACTOR shall not pledge the OWNER'S credit or make it a guarantor of payment or surety for any Agreement, debt, obligation, judgment, lien or any form of indebtedness. The CONTRACTOR further warrants and represents that it has no obligation of indebtedness that would impair its ability to fulfill the terms of this Agreement. 9.8. Counterparts. This Agreement may be executed in one or more counterparts, but all such counterparts, when duly executed, shall constitute one and the same Agreement. 9.9. Public Records, The OWNER and the CONTRACTOR shall comply with the provisions of Chapter 119, Florida Statutes (Public Records Law) in connection with this Agreement. (Remainder of this page intentionally left blank) 00530-6 IN WITNESS WHEREOF, OWNER AND CONTRACTOR have signed this Agreement the day and year first written above. This Agreement will be effective on Oc�6 ber , PS?, OWNER CONTRACTOR Indian River County���� G Board of County Commissioners Wesley S. Davis, Vice -Chairman Attest: J. K. Ba n, Clerk of th C' uit Court By:� Deputy Clerk Approved By.* �oP'eph f. Baird, County;Administr4or Approved as -40 Form and Legal Sufficiency: A A '0�n Address for giving notices Vero Beach. Florida 32960 By: 46 3 M (CORPORATE SEAL) Address for giving notices d. /9 6x 3 // "7 �? *END OF SECTION* 00530-7 &*'L 3 Zf 3;6 - // ? -? From: Brittany Caraballo At: Bouchard Iral;ranca Faxi To: Indian River Count; ACOR.D_ CERTIFICATE OF LIABILITY INSURANCE Data: 10!20/2008 41:01 MI Pape: 2 of 3 DATE IMMfDDNYYYI THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE Bouchard - Kissimmee HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR 222 Church Street ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW, Kissimmee FL 34741 Phone:407-847-2841 Fax:407-846-2841 _ INSURERS AFFORDING COVERAGE NAIC# INSURED I INS_RER A aridgalLaloy.ra znr co 10701 INS- PER 6 INatlLald xnsu_sane. Company Derrico Construction Corp. INb_RE:RC tlatttIoLd Inaurane. Company 1 PO Box 361177s.aERD �— Melbourne rL 32936-1177 /lastes.ld Lnruraxa Company NS PEP E'-- Ct)VEROGES THE=OLICIES OF INSOPA',CE sTED B=LOW I -AVE BEEN ISSIJED TC M9 PIzURED NAMcD ABOVE FOR T -E POLI' d PERIOD NCI: ATEO NOTAir-STANDINi AN'T P.EOU REMEN TERM OR CONDITIC;1 OF ANv coNr--ACT OR OTHER COCUHENT 144-1-1 RESPECTTJ WHICH THIS ;:ERTIFIUS-E I/A'T BE .SSUEr. OR M4" PEP.-A!N. !HE NSURANC'E AFFORJEC z.Y THE POL CIES DE5Y:PIEEL) HEREIN iS SUBJECT TO AL- rFE TERMS, E'(CUfiIONSAir) COnDT IONS JF SUCH PCLICIES. AGGREGATE LVriS SripYVN MA' FY,v= ?EEN REDUCED BY' FA D CLAIMA LTR INSR TYPE OF INSURANCE POLICY NUMBER DATE (AM R ppm D"ry (MM/DI j LIMITS GENERAL LIABILRY EACH Ck d IP:FIrE $1000000 D X II X{� cc—GT'MERCIAL "oENERALLIABILm TRA4527267 09/06/08 09/06/09 Fl3=.h11S'ES )Eap �cLpp:e1 $150000 ^LA MS MACE �, OCCIJF —___- --_ ,- _ _� L --I J i i WD EXP (Any one pecan; $10000 XI Broad corm PD � a scnAL s AD✓ <.'NJ_RY 1000000 ----- — — L ' ' �II---X-----���!Contractual I --- G --- 'SENLkG:;?EGATE' c — -NERALAGG:EG4� 12000000 IIF J'JR ePP_i E.. PE:; I PROCVCT.S- COMP/OP AGG 1 i- _R,y f—! F— --- 2000000 F';�JCY IX I -Ecr � nLr .mvaLe LU1Du I I I C-MEIiNEC=!OGLE-INIT C IWAL17O I TRA4527267 09/06/08 09/06/09 $1000000 (Ee aJUCEIIq . L JN?!'D AJTOS I I - eC DL'r INJJR" I 1 S7H=011EDAL'._JS I i j (Per rear} HIRED A -TO I F--1 BCD LY INJUF" I NC NC..LVNEG AUT?S ! I ;Per esl7r;iq g -J --------------- ------ -- I PROPERT'r DAMAGE (Par aclyu ) 1 1 ALTO OCL" - EA Arco ENT g AW, 'VJ! J I � OTHFR T-AEA ACC 1 N,I I A1JTG.)`.l" cGG g DYESWUMBRELLAL SILrrY EACHOC.'xIR:ENCE 15000D00 B X OCCUR ❑ cLZLSntacE TRA4S27267 09/06/08 09/06/09 ACCP c>c-F I g 5000000 i ----- - ------ I g ---- I DEL>`'CTIPI-F— X RETE'.TIvN $10000 I I IT-h- 1%ORKERS CONPENSArON AND X TW AC STC iT ER EMPLOYERS' LIABILITY lhP..^<PRIETOR+PAkR7i EP/E'+FCUT VE 83034631 06/03/081 06/03/09 ,EL. EACH ACS,'DEe.T 1500000 OFF:=EF/MEMBEP. E>;.LU�,EC - I E L I5E.ASE - E4 Eft LOYE° 1 5000 00 d.,es, des.rta LnJer I I --_ SPECIAL PROd iJNS bracr I + IEL CISEASE-PCL CY_V!7 1500000 *10 Day notice of cancellation in the event of non-payment of premium. Certificate Holder is an Additional Insured with respects to General Liability subject to the terms, condition & exclusions of the policy, 79ZI m �.nns,CLWl11Vr1 rN'DIAM SHOULD A14V JF THE ABOVE DESCRIBED POLICIES SE CANCELLED SEFC-RE THE EYPIRATION DATE T8EREJF THE ;SSUWG INSURER WILL ENDEAVOR TO MAIL 30* _ DAYS WRITTEN Indian River County NOTICE TOTr.ECERTIFICATE HOLDER 14AMEDTOTHE LEFT, BUM FAILURETODOSOSHALL Fax: 772-770-5140 1800 27th Street IMPOSE NC OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, TS AGENTS CR Vero Beach FL 32960 REPRESENTATIVES. 25 (2001/08} OACORD From: Erlttan� caraballc At: 60UWard Insuranoe FaxlD. To: Inolar. Raver County IMPORTANT Dere: 10/20/X08 1 1:01 AM Payr S of 3 If the certificate holder is an ADDITIONAL INSURED, the poi;cy(ies) must be endorsed. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsemertts). DISCLAIMER The Certificate of Insurance on the reverse side of this form does rot constitute a contract betweer. the issuing insurer(s;, authorized representative or producer, and the certificate holder, nor does it affirmatively or negatively amend, extend or after the coverage afforded by the policies listed thereon. This bond voids and replaces one issued on 10/16/2008 SECTION 00610 PERFORMANCE BOND Bond No, 3344409 Executed in 2 Counterparts THIS IS AN INSTRUCTION, NOT PART OF THE BOND, The bond must state on its front page: the name, principal business address, and phone number of the contractor, the surety, the owner of the property being Improved, and, if different from the owner, the contracting public entity; the contract number assigned by the contracting public entity; and a description of the project sufficient to Identify it, such .as a legal description or the street address of the property being improved, and a general description of the improvement, and the bond number, KNOW ALL MEN BY THESE PRESENTS: Derrico Construction Corporation, BY THIS BOND, we 101 West Brevard Drive, Melbourne, FL 32935-1177 (321) 254-2291 as Principal, and Great American Insurance Comoanv 580 Walnut StE@VL Cincinnati OH 45202 (513) 369-!5000 a corporation, as Surety, are held and firmly bound unto the Count of Indian River, Y Florida, In the SUM Of Four Hundred Ninety Thousand Two Hundred Twenty Nine & No/100ths Dollars $ 497,229.000 ), amounting to 100 /o of the total bid price. For the payment of said sum we bind ourselves, our heirs, executors, administrators and assigns, jointly and severally, for the faithful performance of a certain written Contract, dated the 14t___�_n day of October 2008, entered into between the Principal and the County of Indian River, for: Project Name: County Project Bid Number: 2008072 County UCP Number: 3014 Project Address: Sa_, n Seb Project Description, CONTRACTOR shall complete all work as specified or indicated in the Contract Documents. The work is generally described as follows which shall include, but is not necessarily limited to the following: Furnish and install about 12,000 LF of 6" PVC water main, 1,500 LF of 4" PVC water main, 1,500 LF of 211 1 PE water main, 16 fire hydrants, 131 water services and rests ratio A copy of said Contract is incorporated herein by reference and is made a part he as if fully copied herein. NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the Principal shall in all respects comply with the terms and conditions of said Contract and its obligations thereunder, including all of the Contract Documents therein referred to and made a part thereof, and such alterations as may be made in the Contract Drawings and Specifications as therein provided for, and shall indemnify and save harmless the County of Indian Giver against and from all expenses, costs, and attorney's fees, Including appellate proceedings, as set forth in the Contract, that Owner sustains because of a damages, injury or conduct, want of care of skill, negligence or default, including patent infringement on the part of the Principal, his agents or employees, in the execution 'or performance of said Contract, and further, if the Principal shall promptly make payments to'all who supply him with labor and/or materials used directly or indirectly by the Principal in the prosecution of the Work provided for in said Contract, then this obligation shall be null and void; otherwise, the Principal and Surety, jointly and severally, agree to pay Indian River County any difference between the sum that Indian River County may be obliged to pay for the completion of said Work, by contract or otherwise, and any damages, whether direct, indirect, or consequential, including reasonable 1955480 THIS DOCUMENT HAS BEEN 00610-1 RECORDED IN THE PUBLIC RECORDS OF INDIAN RIVER COUNTY FL BK: 2300 PG:1024, Pagel of 7 10/28/2008 at 10:29 AM, JEFFREY K BARTON$ CLERK OF COURT attorney's fees (including appellate proceedings), which the County of Indian River may incur as a result of the failure of the Principal to properly execute all of the provisions of the Contract. AND, the said Principal and Surety hereby furtherbind themselves, their successors, executors, administrators and assigns, jointly and severally, that they will amply and fully protect the County of Indian River against, and will pay any and all amounts, damages, costs and judgments which may be recovered against or which the County of Indian River may be called upon to pay to any person or corporation by reason of any damage arising from the performance of the said work, repair or maintenance thereof, or the manner of doing the same, or his agents or his servants, or the infringements of any patent rights by reason of the use of any material furnished or work done, as aforesaid or otherwise. AND, the said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Contract or to the work to be performed thereunder, or the Specifications or Drawings accompanying the same, shall in any way affect its obligations on this Bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Contract or to the Work or to the Specifications or Drawings. AND, the said Principal and Surety jointly and severally covenant and agree that this Bond will remain in full force and effect for a period of one year commencing on the date of Substantial Completion as established on the Certificate of Substantial Completion as issued by the County of Indian River, Principal and Surety expressly acknowledge that any and all provisions relating to liquidated damages contained in the Contract Documents are expressly covered by and made a part of this Bond. Principal and Surety acknowledge that any such provision lie within their obligations and within the coverages and limitations of this Bond. Florida Statutes Section 255.05 (2007), as amended from time to time, together with all notice and. time provisions contained in subsection (2) of Florida Statutes Section 255.05 (2007), is incorporated herein in its entirety by this reference. IN WITNESS WHEREOF, the above bound parties executed this instrument under their several seals, this 21st day of October, 20 08 , the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. Owner Address: 1s0LL027thCC Street, Building //��B Vero Be, FIL ■�Y■YYY•YYYr.■■Y■■■■■■■r■■t■Y■YY■■r■■rr■Y■e•Y■■rr,rrr�r Y�f Ya rhYYY YYgVo 3rvS (772):V +VVVo , Attest Printed Name and Official Title Derrico Construction Corporation Name of Corporation BY: (Affix Corporate SEAL) CERTIFICATE AS TO CORPORATE PRINCIPAL certify that I am the Secretary of the corporation named as Principal in Ithe within bond; that �Eo ., 1p deb,, lso� , who signed the said bond on behalf of the Principal was then 1Pee5,Aon-F of said corporation: that I know his signature, and his signature 00610-2 thereto is genuine; and that said Bond was duly signed, sealed and attested for corporation by authority of Its governing body. TO BE EXECUTED BY CORPORATE SURETY: Attest. Secretary gpard Company >; Marne of.Local Agency Great American Insurance Company Corporate Surety 580 Walnut Street, Cincinnati, OH 45202 e j3usiness Address Jennifer L: McCart & Florida Licensed 1904 Boothe Circle, Longwood, FL 32750 Business Address STATE `4F Florida COUNTY OF Seminole Inquiries: (407) 834-0022 Before me, a Notary Public, duly commissioned, qualified and acting, personally appeared Jennifer L. McCarta , to me well known, who being by me first duly sworn upon oath, says that he is the attorney-in-fact for the creat American insurance Companyand that he has been authorized by • Great American Insurance company to execute the foregoing bond on behalf of the CONTRACTOR named therein in favor of the County of Indian River, Florida. Subscribed and sworn to before me this 21st day of October Zp 08,E — My Commission Expires: 12/simo10 *END OF SECTION* 00610-3 Notary Public, State of Florida. "f Y comm. exp. Dec. 17, 2010 Comm. No. DD 622977 This bond voids and replaces SECTION 00612 Bond No. 3344409 one issued on 10/16/2008 PAYMENT BOND Executed in 2 Counterparts THIS IS AN INSTRUCTION, NOT PART OF THE BOND The bond must state on its front page: the name, principal business address, and phone number of the contractor, the surety, the owner of the property being improved, and, if different from the owner, -the contracting public entity; the contract number assigned by the contracting public entity; and a description of the project sufficient to identify it, such as a legal description or the street address of the property being improved, and a general description'of the improvement, and the bond number. Derrico Construction Corporation, 101 West Brevard Drive, Melbourne, FL 32935-1177 (321) 254-2291 Great American Insurance Company, 580 Walnut Street, Cincinnati, OH 45202 (513) 369-5000 Four Hundred NinetySeven Thousand Two Hundred Twenty Nine and No/100ths KNOW ALL MEN BY THESE PRESENTS: BY THIS BOND, we * See Above * , as Principal, and `* See Above ** a corporation, as Surety, are held and firmly bound unto the County of Indian River Florida, in the sum of *** See Above *** Dollars ($497,_ 22s.oq, amounting to 100% of the total bid price. For the payment of said sum we bind ourselves, our heirs, executors, administrators and assigns, jointly and severally, for the faithful performance of a certain written Contract, dated the 14th day of October , 20 os ,entered into between the Principal and the County of Indian River, for: Owner Address: 1800 27th Street, Building B Vero Beach, FL 32960-3365 (772) 567-8000 Project Name: County Project Bid Number: County UCP Number: Project Address, Project Description: Assessment arolect 20_ 3014 A. CONTRACTOR shall coMplete all work as specified or indicated in the Contract Documents. The work is generally de,jcribed as follows which shall include, but is not necessarily limited to the following: Furnish and install about 12,000 LF of 6" PVC water main, 1,500 LF of 4" PVC water main, 1,500 LF of. 2" PE water main, 16 fire hydrants, 131 water services and restoration. A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully copied herein. NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that, if the Principal shall promptly make payments to all claimants, as herein below defined, then this oblt!Iation shall be voA; 'Otherwise, this Bond shall remain in full force and effect, subject to the following terms and conditions: 1. A claimant is defined as any person supplying the Principal with labor, materials or supplies, used directly or indirectly by the Principal in the prosecution of the Work provided for in said Contract, and is further defined in Florida Statutes Section 713.01. 00612-1 2. Florida Statutes Section 255.05 (2007), as amended from time to time, together with all notice and time provisions contained in subsection (2) of Florida Statutes Section 255.05, is incorporated herein in its entirety by this reference The Surety, for value received, hereby stipulates and agrees that no charge, extension of time, alteration of or addition to the terms of the Contract or to the work to be performed thereunder or to the Specifications applicable thereto, shall in any way affect its obligations on this Bond, and the Surety hereby waives notice of any such change, extension of time, alterations of or addition to the terms of the Contract, or to the work or to the Specifications. The Surety represents and warrants to the County of Indian River that it has a Best's Key Rating Guide, General Policyholder's rating of "A" and Financial Size Category of Class "X". The Principal and Surety jointly and severally covenant and agree that this Bond will remain in full force and effect for a period of one year commencing on the date of Substantial Completion as established on the Certificate of Substantial Completion as issued by the County of Indian River. The Principal and Surety jointly and severally, agree to pay the County of Indian River all losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that the County of Indian River sustains because of a default by the Principal under the Contract. IN WITNESS WHEREOF, the above bound parties executed this instrument under their several seals, this 21st day of October 20 08 the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. This bond is given to comply with section 255.05 Florida Statutes, and any action instituted by a claimant under this bond for payment must be in accordance with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. Attest, b11N Derrico Construction Corporation Name of Corporation BY: Corporate SEAL) Printed Name Official Title certify that I am the Secretary of the corporation named as Principal in the within bond; that $oh r. p �,� ,+-,,,, , who signed the said bond on behalf of the Principal was then AP t&1dt.�t of said corporation: that I know his signature, and his signature thereto is genuine; and that said Bond was duly signed, sealed and attested for and on behalf of Said corporation by authority of Its governing body. 00612.2 Secretary Attest: Secretary STATE OF Florida COUNTY OF Seminole (SEAL),._ .V •Q > ,p. ,.. Great American Insurance Company Corporate Surety 580 Walnut Street, Cincinnati, OH 45202 Busine Address A it•111►1t1•t BY �/ ✓ ... y (Affix -C rate SEAL) Or ,McC�irte;. Attorne in a & lorid ent Agent- ; orney-I F Ct & Florida Lice Resident Ag n Jennifer L. Mc Carta Guignard Company " r' » .••;qc%, Name of Local Agency '"' ''�• 1904 Boothe Circle, Longwood, FL 32750 . Business Address Inquiries: (407) 834-0022 Before me, a Notary Public, duly commissioned, qualified and actin Jennifer L. McCarta , to me well known, who being by me first duly sworn upon oath, sayersonally sthat t atrhe is the attorney-in-fact for the reat erican Insurance Company and that he has been authorized by American Insurance Company Great p yto execute the foregoing bond on behalf of the CONTRACTOR named therein in favor of the County of Indian River,, Florida. Sub,•scribed and sworn to befbre'me this: 21st October , 20 pg / � M A day of My Commission Expires: 12/17/2010 `END OF SECTION` 00612-3 of )OCHAEL JONES Notary Public, State of Florida My comm. exp. Dec. 179 2010 Comm. No. DO 622977 GREAT AMERICAN INSURANCE COMPANY® Administrative Office: 580 WALNUT STREET • CINCINNATI, OHIO 45202 • 513-369-5000 • FAX 513-723-2740 The number of persons authorized by this power of attorney is not more than EIGHT POWER OF ATTORNEY No, 0 18318 KNOW ALL MEN BY THESE PRESENTS: That the GREAT AMERICAN INSURANCE COMPANY, a corporation organized and exisunder and by virtue of the laws of the State of Ohio, does hereby nomung inate, constitute and appoint the person or persons named below its true and lawful attorney -in- fact, for it and in its name, place and stead to execute in behalf of the said Company, as surety, any and all bonds, undertakings and contracts of suretyship, or other written obligations in the nature thereof, provided that the liability of the said Company on any such bond, undertaking or contract of suretyship executed under this authority shall not exceed the limit stated below. J.W. GUIGNARD BRYCE R. GUIGNARD PAUL J. CIAMBRIELLO M. GARY FRANCIS Name APRIL L. LIVELY BRETT RAGLAND MARGIE MORRIS JENNIFER L. MCCARTA Address ALL OF LONGWOOD, FLORIDA Limit of Power ALL $75,000,000 This Power of Attorney revokes all previous powers issued in behalf of the attorneys) -in -fact named above. IN WITNESS WHEREOF the GREAT AMERICAN INSURANCE COMPANY has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 22ND Attest day of APRIL 2008 GREAT AMERICAN INSURANCE COMPANY STATE OF OHIO, COUNTY OF HAMILTON - ss: On this 22ND day of APRIL DAVID C. KITCHIN (513.412-4602} being duly sworn. deposes and says that he resides in Cincinnati, Ohio, that lie 0i08 a Divisional nal Senior Vicpersonale President oly appearedf dheVBo d Di iron of Greats American Insurance Company, the Company described in and which executed the above instrument; that he knows the. seal of the said Cornpany; that the. seal affixed to the said a instrument is such corporate seal; that it was so affixed by authority of his office under the By -Laws of said Company, and that he signed his name thereto by like authority. This Power of Attorney is granted by authority of the following resolutions adopted by the Board of Directors of Great American Insurance Company by unanimous written consent dated March 1, 1993. RESOLVED: That the Divisional President, the Divisional Senior Vice President, the several Divisional Vice Presidents and Divisonal Assistant Vice Presidents, or any one of them, be and hereby is authorized, front time to time, to appoint one or more Attornevs-in-Fact to execute. on behal%nf the Company, as surety, any and all bonds, undertakings and contracts of suretyship, or other written obligations in the nature theregf, to prescribe their respective duties and the respective limits gf their authority; and to revoke any such appointment at any tile. RESOLVED FURTHER: That the Company seal and the signature oj'aty of the aforesaid officers and anv Sec•retary or Assistant Sec•reiary of the Cnmpmiy' ntav be affixed by facsimile to any power ojattornev or certificate of either given for the execution of arty booth, undertaking, contract or suretyship, or other written obligation in the nature thereof, such signature art! seal when so used being hereby adopted by the Company as the original signature of such of and the original seal oj'1he• Compare, to be valid and binding upon the Company with the same force turd effect as though manually of/fired. CERTIFICATION I. RONALD C. HAYES, Assistant Secretary of Great American Insurance Company, do hereby certify that the foregoing Power of Resolutipns of the Bgard of Directors of March 1, 1993 have not been revoked and are now in full force and effect. na kiehlcd this21 s day of October 2008 . `i-si.,. S1Di(W07. i` 4 Mdlot ttitt•6tttt to% Attorney and the