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HomeMy WebLinkAboutRESPONSE - BID - 5502 HOT IN PLACE RECYLCING4 SECTION 00520 AGREEMENT THIS AGREEMENT is dated as of the 29th day of March in the year of 2000 and shall be effective on the date this AGREEMENT is signed by the City The City of Fort Collins (hereinafter called OWNER) and Express Concrete, Inc (hereinafter called CONTRACTOR) OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows ARTICLE 1. WORK CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents The Project for which the Work under the Contract Documents may be the whole or only a part is defined as the replacement and/or installation of concrete curb, gutter, sidewalk, pedestrian access ramps, and crosspans on designated streets in the City of Fort Collins, and is generally described in Section 01010 2 ENGINEER The Pr' has been designed by City of Fort Collins Engineerin /Department, who is ereinafter called ENGINEER and who will assume 11 duties and A ties and will have the rights and authority assi ned to ENGINEER in Documents rn�connection with completion of th Work rn accordance tract Documents CONTRAST TIMES 3 1 Contract Period This Agreement shall commence when this contract is signed by the City, and shall continue in full force until March 31, 2001, unless sooner terminated as herein provided In addition at the option of the City, the agreement may be extended for additional one year periods not to exceed two (2) additional one year periods Pricing changes, if any, shall be negotiated by and agreed to by both parties in writing 3-' h Work shall be substantially Complete within 95 workin�9 days after the da e when the Contract Times commence to run as provided 1n the General Condi ons and completed and ready for Final Payment and Acceptance i accordance with the General Conditions within 125 days after the date when the Contract Tim s commence to run 3 3. Liquidated Damages OWNER and CONTRACTOR recognize that time is of the essence of this Agreement and that OWNER will suffer financial loss if the 10/97 Section 00520 Page 1