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�� ��RIGINAL. <br /> AGREEMENT <br /> for the <br /> City of Redwood City <br /> 2011-2012 WATERMAIN REPLACEMENT PROJECT <br /> THIS AGREEMENT, made this � day of , 2011, by and <br /> between Shaw Pipeline, Inc _whose place of business is at 15 xecutive Park Blvd., Suite 3790, <br /> San Francisco, CA 94134 hereinafter called "CONTRACTOR", and the City of Redwood City, a <br /> Charter City and municipal corporation of the State of Califomia, hereinafter referred to as "CIN'. <br /> In consideration of the mutual covenants hereinafter set forth, Contractor and City agree <br /> as 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 <br /> of 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 <br /> Seven hundred ninety thousand two hundred and 00/100 Dollars ($790,200.00). -- <br /> computed in accordance with Contractor's Accepted Proposal dated July 20, 2011, <br /> which Proposal 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 fumished 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 <br /> taxes on any item or service that is part of the Work, whether such taxes are <br /> normally included in the price of such item or service or are normally stated <br /> separately. Notwithstanding the foregoing, each party shall bear such state or local <br /> inventory, real property, personal property or fixtures taxes as may be properly <br /> assessed against it 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. Contractor shall achieve Substantial Completion of the Work within One <br /> Hundred Twenty (120) Calendar Days from the date the Contract Time <br /> commences to run. <br /> B. Lipuidated Damaaes <br /> 1. City and Contractor recognize that time is of the essence of this Agreement <br /> and that City will suffer financial loss in the form of lost revenues, contract <br /> � <br /> 2011-2012 WATERMAIN REPLACEMENT PROJECT <br />