HomeMy WebLinkAboutpre. contractFEB-25-2004 11:40
CITY CLERKS OFF I CE
CONTRACT
305 858 1610 P.05
This AGREEMENT, made and entered into this, • day of , A.D., 2003, by
and between the City of Miami, Florida, a municipal corporation of the State of Fkkida, party of
the first part, (hereinafter sometimes called the "City'', and
CONTRAC INC.
Party of the second part (hereinafter sometimes called the "Contractor")
W ITNESSETH: That the parties hereto, for the considerations hereinafter set forth,
mutually agree as follows:
AT TLCLE L . SCOPE,QF T E WORK: The Contractor shall furnish aft labor,
materials and equipment and perform all the work in the manner and forma provided by the
Contract Documents, for the project entitled:
B ;3297.
AR1Q _ .O TRACT SuM: The City shall pay to the Contractor, for
the faithful performance of the Contract, in lawful money of the United States, and subject to
additions and deductions and based on unit prices (where applicable), all as provided in the
Proposal and other Contract Documents, the sum of (t L99,9,031.00 ).
0 Centa,
ARTICL.lr . PAR,UAL ANT) FINAL PAYMENTS: In accordance with the provisions
fully set forth in the "General Conditions" of the "Specifications," and subject to additions and
deductions as provided, the City shall pay the Contractor as follows:
(a) On or before the 10th day of each calendar month, the City 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 ten (10%) percent of the amount of such estimate, which is to
be retained by the City until all work has been performed attic* in
accordance with this Agreement and until such work has been accepted by the
City.
(b) Upon submission by the Contractor of evidence satisfactory to the City that
all payrolls, niatedal bills and other costs incurred by the Contractor in
connection with the construction of the work have been paid in full, and also,
after all guarantees that may be requited in the Specifications or by the
Contractor have been furnished and are found acceptable by the City, final
payment on account of this Agreement shall be made within sixty (60) days
after connpletion by the Contractor of all work covered by this Agreement and
acceptance of such work by the City.
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