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HomeMy WebLinkAboutExhibit 1AMENDMENT NO. 2 TO CONSTRUCTION CONTRACT FOR BICENTENNIAL PARK SHORELINE STABILIZATION, PROJECT B-30293 This Amendment No. 2 to the Contract dated March 26, 2003 between the City of Miami, a municipal corporation of the State of Florida (City), and Shoreline Foundation, Inc. ("Shoreline") for the project entitled "Bicentennial Park Shoreline Stabilization, Project No. B- 30293 (the "Contract")) is entered into this date of , 2006. RECITALS WHEREAS, the Agreement was approved by the City Commission by Resolution No. 04-0107 in the total amount of $6,957,195.10, for the Scope of Work included in therein; and WHEREAS, Amendment No. 1 was approved by the City Commission by Resolution No. 05-0131 increasing the value of the Agreement to $10,329,812 for the purposes of completing the work required for Phase II of 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 continuation of improvements for Phase III of the Project; and WHEREAS, the City Commission has adopted Resolution No. on to approve such additional modifications to the Scope of Work, the corresponding increase in the Contract Sum; NOW THEREFORE, for the considerations hereinafter set forth: The Agreement is hereby amended as follows: 1. Article 1, Scope of Work: The Scope of Work is amended to include all work required for the completion of Phase III of the Project. 2. Article 2, Contract Sum: The amount of compensation is hereby increased to a value not to exceed $15,607,274.00, to provide for the payment of the additional Remediation Work, in accordance with the costs contained in Change Order No. 2. A purchase order in the amount of $3,223,080 will be issued upon City Commission approval. The purchase order will be amended for the remaining balance of $2,107,382 on October 1, 2006 or shortly thereafter. 3. Article 4, Time of Completion The time for completion is hereby extended by 365 calendar days. av v' Except as specifically modified herein, all of the terms of the Agreement shall remain in effect. CITY OF MIAMI, FLORIDA, a municipal ATTEST: Corporation of the State of Florida By: By: Priscilla A. Thompson, City Clerk Joe Arriola, City Manager APPROVED AS TO INSURANCE APPROVED AS TO FORM AND REQUIREMENTS: CORRECTNESS By: By: Dania Carrillo, Jorge L. Fernandez, City Attorney Risk Management Administrator ATTEST: Shoreline Foundation, Inc. By: Corporate Secretary S. Michael Betancourt, Vice President (Seal)