GJN3825 Chris Schoap Building Movers Contract

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/ ~ BETWEEN: AND: CONTRACT NO.: JOB NO.: PROJECT: PUBLIC IMPROVEMENT CONTRACT The City of Eugene, an Oregon Municipal Corporation Chris Schoap Building Movers 2004-03841 3825 City Recorder's Office Architect ^ Contractor L7 Project Manager ^ Copy/File [] (City) (Contractor) Relocation of small wood framed historic shed located at 433 Willamette Street RECITALS Contractor was the successful bidder for construction of the improvement described in this contract and more specifically described in the bid documents for the project. The bid documents consist of, but are not limited to, plans, contractor's proposal, standard specifications and special specifications, all of which are orl file in the office of Facility Management Division (Bid Documents), and permits. AGREEMENT 1. Work. to be Performed. Contractor agrees to furnish all labor, material and equipment for and to construct the improvement listed above (the Project), according to the Bid Documents (the "Work"). See attached Exhibit "C". 2. Time of Commencement and Completion. Contractor will commence the Work not later than 10 days after City gives its written notice to proceed, and shall complete the Work prior to November 15, 2003. Contract Sum. The Contract Sum is $6,200.00, as bid by Contractor for the Work, as described on the Quotation Form attached hereto (Exhibit "D"). 4. Progress Payments/Retainage. City shall make progress payments monthly as the Work progresses. Payments shall be based upon estimates of the Work completed and approved by City. Progress payments shall not be considered an acceptance or approval of any of the Work or a waiver of any defects therein. City may reserve as retainage from progress payments an amount not to exceed five percent of the payment. Contractor shall have the right to deposit bonds or securities in Lieu of cash retainage, or to have cash retainage deposited in an interest bearing account, in accordance with ORS 279.420. Irrevocable letters of credit from a bank doing business in Oregon will be accepted in lieu of cash retainage. 5. Final Payment. Not more than 30 days after final completion of the Work and City's final acceptance of the Work, which shall include the taking of final measurements of quantities, City Public Improvement Contract (Comp}-Page 1 (Revised April 1998)