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HomeMy WebLinkAboutExhibit 1 (Version 1)CITY OF MIAMI AMENDMENT NO. 2 TO CONSTRUCTION CONTRACT WITH GIANNETTI CONTRACTING CORP. FOR NORTH BAYSHORE DRIVE DRAINAGE IMPROVEMENTS, B-50658 This Amendment No. 2 to the Contract dated June 3, 2009, (the "Contract") between the City of Miami, a municipal corporation of the State of Florida ("CITY"), and Giannetti Contracting Corp., ("CONTRACTOR") for the project entitled "North Bayshore Drive Drainage Improvements, B-50658", ("PROJECT"), is entered into this day of , 2011. RECITALS WHEREAS, the Contract was entered into pursuant to Invitation for Bids No. 08- 09-025, issued December 29, 2008, for the Scope of Work as stated in the original Contract Documents for the PROJECT, in the total amount of $1,257,935.68; and WHEREAS, on September 23, 2010, the City Commission adopted Resolution No. 10-0411, authorizing Amendment No. 1, which increased the award amount by $155,636, from $1,383,729.24, to a total not to exceed award amount of $1,539,365.24, for additional work due to unforeseen conditions and owner requested changes. WHEREAS, pursuant to Addendum No. 4, the contract contains a financial incentive provision requiring that the work be completed by a specified time; and WHEREAS, said contractual provision has been fulfilled by the contractor; and WHEREAS, Amendment No. 2 is now necessary, approved pursuant to R- in order to issue payment to the Contractor, in the not to exceed amount of $76,968.26; thereby increasing the award value from $1,539,365.24 to an amount not to exceed $1,616,333.50; and WHEREAS, funds for the stated purpose are _currently available from Capital Improvements Project No. B-50658; NOW THEREFORE, for the considerations hereinafter set forth: The Agreement dated June 3, 2009, is hereby amended as follows: 1. ADDITIONAL WORK is hereby revised to include all labor, materials and equipment required to perform the additional work. 2. CONTRACT SUM is hereby increased by an amount not to exceed $76,968.26, thereby increasing the total award value from One Million Five Hundred Thirty Nine Thousand, Three Hundred Sixty Five Dollars and Twenty Four Cents ($1,539,365.24), to an amount not to exceed One Million Six Hundred Sixteen Thousand, Three Hundred Thirty Three Dollars and Fifty Cents ($1,616,333.50). 1 All other terms and conditions of the Contract are in effect and remain unchanged. ATTEST CITY OF MIAMI, By: By: Priscilla A. Thompson, City Clerk Tony E. Crapp, Jr., City Manager APPROVED AS TO LEGAL FORM AND APPROVED AS TO INSURANCE CORRECTNESS REQUIREMENTS: By: By: Julie O. Bru, City Attorney Gary Reshefsky, Risk Management Director ATTEST: CONTRACTOR, GIANNETTI CONTRACTING CORP. By: By: Corporate Secretary Rick Giannetti, President Giannetti Contracting Corp. (Affix Corporate Seal) 2