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nplr: U A <br /> AGREEMENT <br /> for the <br /> City of Redwood City <br /> 2010 -2011 STREET OVERLAY PROJECT <br /> THIS AGREEMENT, made this l' day of .t1. J , 2011, by and between CF <br /> Archibald Paving Inc. whose place of business is ' B• 37, Redwood City, CA 94064 <br /> hereinafter called "CONTRACTOR ", and the City of - • o• • City, a Charter City and municipal <br /> corporation of the State of California, hereinafter referred % as "CITY ". <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 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 four <br /> hundred fifteen thousand and 00/100 Dollars ($1,415,000.00) computed in __- <br /> accordance with Contractor's Accepted Proposal dated May 18, 2011 which <br /> 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 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 <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 60 <br /> Calendar Days from the date the Contract Time commences to run. <br /> 1 <br /> 2010 -2011 STREET OVERLAY PROJECT <br />