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<br /> AGREEMENT
<br /> for the
<br /> City of Redwood City
<br /> BREWSTER AVENUE PEDESTRIAN IMPROVEMENTS PROJECT
<br /> THIS AGREEMENT, made this day of , 2015, by and befinreen
<br /> Golden Bay Construction, Inc. whose pla of business i at 3826 Depot Road, Hayward, CA
<br /> 94545 hereinafter called "CONTRACTO ", and the City of Redwood City, a Charter City and
<br /> municipal corporation of the State of California, hereinafte referred to as "CITY".
<br /> In consideration of the mutual covenants hereinafter set forth, Contractor and City agree as
<br /> follows:
<br /> I. WORK
<br /> A. Contractor shall complete all Work specified in the Contract documents, in
<br /> accordance with the Specifications, Drawings, and all other terms and conditions of
<br /> the Contract documents.
<br /> II. CONTRACT SUM
<br /> A. City shall pay the Contractor as the "Contract Sum" for completion of Work in
<br /> accordance with the Contract documents, as the amount of One Million, Five
<br /> Hundred One Thousand, Seventy-Six and 00/100 Dollars ($1,501,076.00),
<br /> computed in accordance with Contractor's Accepted Ffe�esa� Bid dated, March 19,
<br /> 2015, which Rfepesa�is incorporated herein by reference thereto as if fully set forth.
<br /> B. The Contract Sum is all inclusive and includes all Work; all federal, state, and local
<br /> taxes on materials and equipment, and labor furnished by Contractor, its
<br /> subcontractors, subconsultants, architects, engineers, and vendors or otherwise
<br /> arising out of Contractor's performance of the Work, including any increases in any
<br /> such taxes during the term of this Agreement; and any duties, fees, and royalties
<br /> imposed with respect to any materials and equipment, labor or services. The taxes
<br /> covered hereby include (but are not limited to) occupational, sales, use, excise,
<br /> unemployment, FICA, and income taxes, customs, duties, and any and all other taxes
<br /> on any item or service that is part of the Work, whether such taxes are normally
<br /> included in the price of such item or service or are normally stated separately.
<br /> Notwithstanding the foregoing, each party shall bear such state or local inventory, real
<br /> property, personal property or fixtures taxes as may be properly assessed against it
<br /> by applicable taxing authorities.
<br /> III. CONTRACT TIME AND LIQUIDATED DAMAGES
<br /> A. Contractor shall complete the Work within the following Schedule reflecting the date
<br /> the Contract Time commences to run as set forth in Section 00550 (Notice to
<br /> Proceed) and Section 00700 (General Conditions); and
<br /> 1. Contraetor shall achieve Substantial Completion of the Work within seventy-five
<br /> (75) Calendar Days from the date the Contract Time commences to run.
<br /> BREWSTER AVENUE PEDESTRIAN IMPROVEMENTS PROJECT 00520-1
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