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HomeMy WebLinkAboutexhibit1AMENDMENT NO. 1 TO CONSTRUCTION CONTRACT BICENTENNIAL PARK SHORELINE STABILIZATION PROJECT This Amendment No. 1 to the Contract dated March 26, 2003 (the "Contract") between the City of Miami, a municipal corporation of the State of Florida ("CITY"), and Shoreline Foundation, Inc. ("CONTRACTOR") for the Project entitled "Bicentennial Park Shoreline Stabilization Project", Project No. B-30293, ("PROJECT") is entered into this day ol , 2005. RECITALS WHEREAS, the Contract was entered into pursuant to the approval of the City Commission by Resolution No. 04-0107 dated March 26, 2003 in the total amount of $6,957,195.10 for the Scope of Work included in the original Contract Documents for the PROJECT; and ,WHEREAS, it has been determined that it is in the City's best interest to make modifications and additions to the PROJECT's Scope of Work to allow the continuation of improvements into areas adjacent to the Project, encompassing 695 L.F. of shoreline immediately adjacent to the current limits of the Project's first phase; and WHEREAS, the City Commission has adopted Resolution No. on , 2005 to approve such additional modifications to the Scope of Work, the corresponding increase in the Contract Sum, and to provide additional terms and conditions that are deemed to be in the City's best interest; NOW THEREFORE, for the considerations hereinafter set forth: The Agreement dated March 26, 2003 is hereby amended as follows: 1. Existing provisions of the Contract are amended in the following particulars: a. Article 1. Scope of Work shall be revised to include all labor, materials and equipment required to perform the additional work in the manner and form described in Exhibit A to this Amendment No. 1, attached and incorporated by reference as if set forth in full, and consistent with all applicable terms and conditions of the Contract Documents. b. Article 2. CONTRACT SUM shall be increased by $3,372,617 to the new sum of Ten Million Three Hundred Twenty Nine Thousand Eight Hundred Twelve Dollars and No Cents ($10,329,812) c. Article 4. Time of Completion shall be extended by 300 calendar days. 2. The following new provisions shall be added: a. Option to Increase and Extend Contract: The City shall have the option to increase the Contract Sum and /or the Time of Performance, subject to the approval of the City Commission, to allow for additional work that is directly related to the Work approved and identified herein. b. Pricing for Contract Increases: Pricing for such increases shall be identical to E/u aE.iutu t9,1009,417 the unit prices listed for original Contract items included in the Contract, except that modifications may be negotiated for the cost of materials where Contractor presents verifiable documentation that support and justify industry or marketplace fluctuations. All other terms and conditions of the contract are in effect and remain unchanged. THE CITY OF MIAMI, FLORIDA CITY OF MIAMI, FLORIDA, a municipal (SEAL) Corporation of the State of Florida ATTEST: By: Joe Arriola, City Manager APPROVED AS TO LEGAL FORM AND CORRECTNESS FOR THE USE AND RELIANCE OF THE CITY OF MIAMI, FLORIDA, ONLY By: Jorge L. Fernandez, City Attorney ATTEST: Corporate Secretary (Affix Corporate Seal) By: Priscilla A. Thompson, City Clerk APPROVED AS TO INSURANCE REQUIREMENTS: By: Dania Carrillo, Risk Management Administrator CONTRACTOR By: , President Shoreline Foundation, Inc.