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Specifications - City of Montpelier, Vermont

Specifications - City of Montpelier, Vermont

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AGREEMENTTHIS AGREEMENT, made this ______ day <strong>of</strong> ____________, 20___, by and between____________________________________, hereinafter called "OWNER" and____________________________________ doing business as (an individual, a partnership or a corporation)hereinafter called "CONTRACTOR".WITNESSETH: That for and in consideration <strong>of</strong> the payments and agreements hereinafter mentioned:1. The CONTRACTOR will commence and complete the construction <strong>of</strong> the <strong>Montpelier</strong> District Heating System.2. The CONTRACTOR will furnish all the material, supplies, tools, equipment, labor and other services necessaryfor the construction and completion <strong>of</strong> the PROJECT described herein.3. The CONTRACTOR will commence the WORK required by the CONTRACT DOCUMENTS on the date <strong>of</strong> issuance<strong>of</strong> the NOTICE TO PROCEED and will complete the same by September 30, 2013 unless the period forcompletion is extended otherwise by the CONTRACT DOCUMENTS. The CONTRACTOR acknowledges that thedate <strong>of</strong> beginning and the time for completion <strong>of</strong> the WORK are essential conditions <strong>of</strong> the CONTRACTDOCUMENTS and the CONTRACTOR further agrees to pay as liquidated damages, the sum <strong>of</strong> $__________ foreach consecutive calendar day that the CONTRACTOR shall be in default after the time specified in theAgreement and as provided in Section 15 <strong>of</strong> the General Conditions.4. The CONTRACTOR agrees to perform all the WORK described in the CONTRACT DOCUMENTS and comply withthe terms therein for the sum <strong>of</strong> $____________________ or as shown in the BID schedule.5. The term "CONTRACT DOCUMENTS" means and includes the following:(A) Advertisement for BIDS(B) Information for BIDDERS(C) BID(D) BID BOND(E) Agreement(F) General Conditions(G) Supplemental General Conditions(H) Payment BOND(I) Performance BOND(J) NOTICE OF AWARD(K) NOTICE TO PROCEED(L) CHANGE ORDER(M) DRAWINGS prepared by ________________________________ numbered __________through __________, and dated __________, 20___.(N) SPECIFICATIONS prepared or issued by _______________________________________,and dated __________, 20___.(O) ADDENDA:No. __________, dated __________, 20___.No. __________, dated __________, 20___.No. __________, dated __________, 20___.No. __________, dated __________, 20___.6. The OWNER will pay to the CONTRACTOR in the manner and at such times as set forth in the GeneralConditions such amounts as required by the CONTRACT DOCUMENTS.7. This Agreement shall be binding upon all parties hereto and their respective heirs, executors, administrators,<strong>Montpelier</strong> District Heat SystemPage 7

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