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HomeMy WebLinkAboutContracts & Agreements_60-1989_CCv0001.pdf A G R E E M E N T THIS AGREEMENT , made and entered into this 17th day of October , 1989 , by and between the City of Redlands , a Municipal Corporation , organized and existing under the laws of the State of California , hereinafter referred to as the "City" and Kershaw Construction Company of the City of Fontana, County of San Bernardino, State of California, hereinafter referred to as the "Contractor" . WITNESSETH: That the City and the Contractor , for the consideration hereinafter named , agree as follows : 1 . SCOPE OF WORK: The Contractor will furnish all materials and will perform all of the work for the following: Center Trunk Sewer , Phase II , in accordance with the Contract Documents . 2 . THE CONTRACT SUM: Actual Payment shall be in accordance with the Contract Documents . ($470 ,480 . 00) 3 . TIME FOR COMPLETION: The work to be completed within Sixtv_.LEQ_)_ calendar days from- and after the date of issuance of the Notice to Proceed, 4 . LIQUIDATED DAMAGES: Failure of the Contractor to complete the Work within the time allowed will result in damages being sustained by the City. Such damages are , and will continue to be , impracticable and extremely difficult to determine. For each consecutive calendar day in excess of the time specified , as adjusted in accordance with the spe- cifications , for completion of the Work the Contractor shall pay to the City, or have withheld from monies due it , the sum of $500 . Execution of the Agreement shall constitute agreement by the City and Contractor that $500 per day is a minimum value of the costs and actual damage caused by failure of the Con- tractor to complete the Work within the allotted time, that such sum is liquidated damages and shall not be construed as a penalty, and that such sum may be deducted from payments due the Contractor if such delay occurs . CD-1 5 . CONTRACT DOCUMENTS: The complete contract includes all of the contract documents set forth herein , to wit; Notice Inviting Bids , Instructions to Bidders , Proposals and Bid Form, Bid Bond, Agreement , Faithful Performance Bond , Labor and Material Bond, Plans and Specifications and any addenda thereto. 6 . ATTORNEY'S FEES: In the event any action is commenced to enforce or interpret the terms or conditions of this Agreement, the prevailing party shall , in addition to any costs or other relief, be entitled to its reasonable attor- ney's fees . IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first above written . (SEAL) City of Redlands (Owner) By: Mayor , City of Redlai�j_sC;�ii�tj ATTEST-. of San Bernardino, California City Clerk-,,F- t. of Redlands Count of S` Bernardino, California (SEAL) Name .k Contractor By: Si mature of Authorized Agent Title Contractor 's License No. (Corporation Seal , if applicable) ATTEST: CD-2