|
ARTICLE 5. Contract Price
<br />5.1. City shall pay Contractor for completion of the work in accordance with the Contract
<br />Documents an amount in current funds as follows:
<br />As detailed in the proposal dated 1012412012, not to exceed $5,625.00, except if groundwater is
<br />encountered that requires pumping, the reasonable cost of pumping shall be allowed as an extra.
<br />No restoration or black dirt will be compensated in this agreement, but the homeowner may request
<br />these, which cost shall be paid directly by homeowner.
<br />ARTICLE, 6. Payment
<br />6.1. Progress Payments
<br />6.1.1 The City shall pay for 90% of completed work each month as approved by Engineer.
<br />Contractor shall submit a request for progress payment to Engineer by the last day of
<br />each month, which shall be processed and paid by the City within 30 days.
<br />6.2. Final Payment
<br />6.2.1, The City shall pay the remainder of the Contract Price upon final completion of the work
<br />once the Engineer recommends acceptance of the work, and the City Council adopts the
<br />recommendations of the Engineer. The City will not adopt the Engineer's
<br />recommendations until the Contractor supplies the City with:
<br />6.2. L L Lien waivers executed by the Contractor and any Subcontractors who have worked
<br />on the project, and
<br />6.2.1.2. A signed copy of Minnesota Department of Revenue Form IC -134. (This form can
<br />be found at www.taxes.state.mn,us/forms/ic134.pdo.
<br />ARTICLE 7. Contractor's Representations
<br />7.I. In order to induce City to enter into this Agreement, Contractor makes the following
<br />representations:
<br />7.1.1. Contractor has examined and carefully studied the Contract Documents and the other
<br />related data identified in the Bidding Documents or Request for Proposal.
<br />7.1.2. Contractor has visited the Project Site and become familiar with and is satisfied as to the
<br />general, local, and Project Site conditions that may affect cost, progress, and
<br />performance of the work.
<br />7.1.3. Contractor is familiar with and is satisfied as to all federal, state, and local Laws and
<br />Regulations that may affect cost, progress, and performance of the work.
<br />7.1.4. Contractor has obtained and carefully studied (or assumes responsibility for having done
<br />so) all subsurface conditions reports, investigations, explorations, tests, studies, and data
<br />concerning conditions (surface, subsurface, structural and/or Underground Facilities) at
<br />or contiguous to the Project Site which may affect cost, progress, or performance of the
<br />work or which relate to any aspect of the means, methods, techniques, sequences, and
<br />procedures of construction to be employed by Contractor, including applying the specific
<br />means, methods, techniques, sequences, and procedures of construction or demolition, if
<br />any, expressly required by the Contract Documents to be employed by Contractor, and
<br />safety precautions and programs incident thereto.
<br />7.1.5. Contractor does not consider that any further examinations, investigations, explorations,
<br />tests, studies, or data are necessary for the performance of the work at the Contract Price,
<br />within the Contract Deadlines, and in accordance with the other terms and conditions of
<br />AGREEMENT BETWEEN CITY OF CENTERVILLE AND
<br />Capra Utilities, Inc.
<br />PAGE NO. 2 of
<br />20
<br />
|