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PUBLIC IMPROVEMENT CONTRACT <br />BETWEEN: <br />AND: <br />CONTRACT NO.: <br />J08 NO.: <br />PROJECT: <br />The City of Eugene, an Oregon <br />Municipal Corporation (City) <br />Sonitrol (Contractor) <br />2005 - 03812 <br />3825 <br />Installation of Sonitrol Security System to Amtrak Station located at <br />remodeled Eugene Depot, 433 Willamette Street, Eugene, Oregon. <br />RECITALS <br />The Work performed under this agreement is described in this contract and more speafically in <br />', the requirements outlined on Exhibit B for the project. The documents consist of, but are not <br />limited to, plans, standard spet~cations and special speafications, aA of which are on file in the <br />Facility Management offrce (Bid Documents). <br />AGREEMENT <br />1. Work to be Performed. Contractor agrees to furnish alt labor, material and equipment for <br />and to construct the improvement listed above (the Project), according to the requirements <br />specified in Exhibit "B" <br />2. Time of Commencement and Completion. Contractor-will commence the Work not later <br />than 10 days after City gives its written notice to proceed, and shall complete the Work no <br />later than the "cut-over date, now set at September 8, 2004 after arrival of the evening <br />Amtrak Passenger train normally scheduled for 6 PM. <br />3. Contract Sum. The Contract Sum is not to exceed $2,815.00 for the Work, as described in <br />Exhibit B attached hereto. <br />4, Progress Payments/Retainage. City shall make progress payments monthly as the Work <br />progresses. Payments shalt be based upon estimates of the Work completed and approved <br />by City. Progress payments shall not be considered an acceptance or approval of any of <br />the Work or a waiver of any defects therein. City may reserve as retainage from progress <br />payments an amount not to exceed five percent of the payment. Contractor shall have the <br />right to deposit bonds or securities in lieu of cash retainage, or to have cash retainage <br />deposited in an interest bearing account, in accordance with ORS 279.420. Irrevocable <br />letters of credit from a bank doing business in Oregon will be accepted in lieu of cash <br />retainage. <br />Public Improvement Contract (Comp) -Page 1 <br />(Revised Apri1199t3j <br />