HomeMy WebLinkAbout73-91 RESOLUTION1
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RESOLUTION NO. 73-91
A RESOLUTION AUTHORIZING THE MAYOR AND CITY
CLERK TO EXECUTE A CONTRACT WITH BONDS/LONG,
INC. AND APPROVAL OF A 10% CONTINGENCIES
AMOUNT.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the Mayor and City Clerk are hereby
authorized and directed to execute a contract in the amount of
$47,128.00 and a 10% contingencies of $4,712.00 with Bonds/Long,
Inc. for manhole rehabilitation on the White River Watershed
Project. A copy of the contract authorized for execution hereby is
attached hereto marked Exhibit "A" and made a part hereof.
PASSED AND APPROVED this 16th day of April , 1991.
APPROVED:
Mayor
SATTEST:
t. G
By: _llnk41
?i; City C
t.7
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Pens
THIS
P.O.
SECTION 00500
CONTRACT
AGREEMENT, made and entered into on the
, 1991, by and between Bonds -Long, Inc.
Box P, Clinton, AR 72031
day of
herein called the Contractor, and the City of Fayetteville,
Arkansas, hereinafter called the Owner:
That
out,
WITNESSETH:
the Contractor, for the consideration hereinafter fully set
hereby agrees with the Owner as follows:
1. That the Contractor shall furnish all the materials, and
perform all of the work in manner and form as provided by the
following enumerated Drawings, Specifications, and Documents,
which are attached hereto and made a part hereof, as if fully
contained herein and are entitled MANHOLE REHABILITATION,
WHITE RIVER WATERSHED dated October, 1990, revised February,
1991 including:
Invitation to Bid; Addenda; Instructions to Bidders; General
Conditions; Supplementary Conditions; Performance and Payment
Bonds; Specifications; the Proposal and acceptance thereof;
and the Drawings.
2 That the Contractor shall commence the work to be performed
under this Agreement on a date to be specified in a written
order of the Owner and shall fully complete all work hereunder
in 100 calendar days.
3 That the Owner hereby agrees to pay to the Contractor for the
faithful performance of this Agreement, subject to additions
and deductions as provided in the Specifications or Proposal,
in lawful money of the United States, the amount of:
Forty -Seven Thousand, One Hundred Twenty -Eight Dollars
($47,128.00), based on the Base Bid contained herein.
4. That within 30 days of receipt of an approved payment request,
the Owner shall make partial. payments to the Contractor on the
basis of a duly certified and approved estimate of work
performed during the preceding calendar month by the
Contractor, LESS the retainage provided in the General
Conditions, which is to be withheld by the Owner until all
work within a particular part has been performed strictly in
accordance with this Agreement and until such work hasbeen
accepted by the Owner.
McClelland
m ned io rvej Consulting
Engineers
incorporated
Foyetrevi)ie, Arkansos
Section 00500 - 1
•
5. That upon submission by the Contractor of evidence
satisfactory to the Owner that all payrolls, material bills,
and other costs incurred by the Contractor in connection with
the construction of the work have been paid in full, final
payment on account of this Agreement shall be made within 60
days after the completion by the Contractor of all work
covered by this Agreement and the acceptance of such work by
the Owner.
6. In the event that the Contractor shall fail to complete the
work within the time limit or the extended time limit agreed
upon, as more particularly set forth in the Contract
Documents, liquidated damages shall be paid at the rates
designated in the Proposal.
7. It is further mutually agreed between the parties hereto that
if, at any time after the execution of this Agreement and the
Surety Bond hereto attached for its faithful, performance and
payment, the Owner shall deem the Surety or Sureties upon such
bond to be unsatisfactory or if, for any reason such bond
ceases to be adequate to cover the performance of the work,
the Contractor shall, at his expense, within 5 days after the
receipt of notice from the Owner, furnish an additional bond
or bonds in such form and amount and with such Surety or
Sureties as shall be satisfactory to the Owner. In such
event, no further payment to the Contractor shall be deemed to
be due under this Agreement until such new or additional
security for the faithful performance of the work shall be
furnished in manner and form satisfactory to the Owner.
8. No additional work or extras shall be done unless the same
shall be duly authorized by appropriate action by the Owner in
writing.
Section 00500 - 2
MCCletlaad
est ne rve� Consulting
— Engineers
d.
Incorporated
Fayetteville, Arkansas
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
on the day and date first above written, in
( S )U counterparts,
each of which shall, without proof or accounting for the other
counterpart be deemed an original Contract.
Bonds -Long.
Contractor
WITN SSES:
irnuai' By
ATTEST:
City ClerR
Aproved as t
Att rney for Owner
Inc.
President
Title
CITY OF FAYETTEVILLE
By Owner
BSk1
Manor Fred Vorsanger
ConGetinCog
asi o rve' En inorrs
Incorporated
Fayetteville, Arkansas
Section 00500 - 3