Loading...
HomeMy WebLinkAboutExhibit 11GMP AMENDMENT TO AGREEMENT BETWEEN THE CITY AND CONSTRUCTION MANAGER AT RISK CONTRACTOR Pursuant to the Agreement dated , between the City and Pirtle Construction Company (CM) for the construction of the Little Haiti Park Cultural Center, the City and CM hereby agree to amend and modify by this Amendment and establish a Guaranteed Maximum Price (GMP) and time for completion of the Construction Phase as set forth below: 1. Cm's GMP for the Construction Phase of the Work shall be ($ 2. The Construction Manager's Fee for the Construction Phase of the Work is hereby established as a lump sum amount of ($ ), and said lump sum amount is included within the above stated GMP. .3 The General Conditions expenses for the Construction Phase of the Work are hereby established as a lump sum amount of ($ ), and said lump sum amount is included in the above stated GMP. CM acknowledges and agrees that the City shall have no liability for any General Condition ekp'enses beyond payment of the above noted lump sum and CM agrees that it shall not: be ent tled to receive any additional compensation from the City for the General Conditions beyond the lump sum amount unless expressly adjusted by a Change Order. 4. Monthly installment payments of the GMP shall be used upon the percentage of completion of the portion of Work completed and accepted by°:lie City for the preceding month. 5. Direct reimbursements allowed under the.4 reement'stiall be made upon submission of proof of payment by the CM. 6. The City has established a contingency .:4'fund in the amount of ($ ) for this project. The `CM has no right or entitlement to the contingency fund and use of such funds are subj'eety,,to the•prior written approval and issuance of a Change Order by the City. Any contingenpy'funds remaining at the completion of the Project will be credited from the GMP. % 7. If at the time final payment is,'n1i de to the CM for the Construction Phase of the Work the total cost has been increased by."6,pproved Change Orders in an amount causing the original GMP as set forth in ``''this Amendment to by exceeded by more than ($ ), then'=the.'CM shall be entitled to an increase in the Construction Manager's Fee in the amount' of (•_•^%) of the amount exceeding the sum of ($ ). 8. CM acknowledges that this Agreement includes Work for trench excavation and that the requirements set forth in Section 553.63 of the Florida Statutes titled Trench Safety Act apply. CM certifies that the required trench safety standards will be in effect during the Work. 9. The amount of ($ ) has been separately identified for the cost of compliance with the required trench safety standards and said amount is included within the GMP. 10. The Construction Phase commencement date (Commencement) for the Work is . The total time for performance of the Work from Commencement through the date required for Substantial Completion is ( ) days (Construction Time). The Substantial Completion date is therefore established as 11. Pursuant to this Agreement, the parties have established a liquidated damages rate for reasons stated therein, which the parties acknowledge and agree apply to this Amendment and CM responsibility to complete the Work with the Construction Time. Accordingly, the liquidated damages rate established in the Agreement shall be assessed from CM for each Little Haiti Park Page 90 calendar day CM fails to achieve Substantial Completion for the Construction Phase with in the Construction Time. 12. Except as modified herein, the term and conditions gandrthose of the Agreement. In , the the event of a conflict between the terms of this Amendment City and the CM agree that the terms of this Amendment shall take precedence. Page 91 Little Haiti Park