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HomeMy WebLinkAboutContracts & Agreements_43-1988_CCv0001.pdf A G R E E M E N T THIS AGREEMENT, made and entered into this first day of November 19_38 , 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 PAIGE ELECTRIC COMPANY a partnership consisting of or an individual trading as of the City of San Bernardino —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: "Installation of Traffic Signals and Related Roadway Improvements at the Intersections of Lugonia Avenue and University Street and at Lugonia Avenue and Judson Street . Contract No. 22-9358-4230 ." 2 . THE CONTRACT SUM.* **230 , 610. 12** 3 . TIME FOR COMPLETION: The work to be completed within One-hundred Fifty (150) calendar days from and after the date of receipt of the Notice to Proceed. 4 . 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. -9- 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 Redlands, County of San Bernardino, California ATTEST: City Clrk, City , edlands County of San Bernardino, California (SEAL) Nam If rC'ontractor } 7 By: SiOnature of Authorized Agent Title Signature of Authorized Anent (if necessary) Title Contractor 's License No. -10- --- -- Premium: $ 1, 8&0 ,00______ FAITHFUL PERFORMANCE BOND KNOW ALL PERSONS BY THESE PRESENTS That Paige Electric Co. as Contractor , and Fireman' s Fund Insurance Company as Surety, are held and firmly bound unto the City of Redlands, hereinafter called City, in the sum dIfwo Hundred Thirty Thousand Six Hundred Ten -& 12/00 dollars, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents. ** ($230,610 . 12) WHEREAS, said Contractor has been awarded and is about to enter into the annexed contract with said City to perform all work required under the City's specifications entitled: "Installation of Traffic Signals and Related Roadway Improvements at the Intersections of T.ugonia Avenue and University Street and at Lugonia Avenue and Judson Street . Contract No . 22-9358-4230 ." NOW THEREFORE, if said Contractor shall perform all of the requirements of said contract required to be performed on their part , at the times and in the manner specified therein, then this obligation shall be null and void, otherwise it shall remain in full force and in effect until 90 days after completion. PROVIDED, that any alterations in the work to be done or the materials to be furnished, which may be made pursuant to the terms of said contract, shall not in any way release said Contractor or said Surety thereunder, nor shall any extensions of time granted under the provisions of said contract release either said Contractor or said Surety, and notice of such alteration or extensions of the contract is hereby waived by said Surety. SIGNED AND SEALED, this 7th day of Nov- 1 1988 Paige Electric Co. (SEAL) Fireman' s Fund Insurance-C-§tAL) (Contractor) (Surety) ATTORNEY IN FACT ACKN0'*VLEDGMF-*;T I�T,A,TE OF CALIFORNIA of November 1988 in the %cat -- bcforctmc.a N*otar% Pu'°;n: in�:d fo- &,od S,21c Lnowz Lo mc, p,-u%c-d to mr on Lbt is,of c6' --rt b- 1�,t pc n� on -hosc nwnc is d o this i n smumcnt 2s tht a nomc y in fa of F i r ema n' s Fund I n s ur a n c e Qo F' reman' s Fund Insurance Co. .,=c'h2t EK hc Fj she subsc ri br d tt�c of s,-,-, t>. and EX h-:s IE3 L-er own name- as at'omc% in fact IN WITNESS ',V1-1ERE-0F. I ha%c hcrcuntc, sct rnx !-,and and Lffixcd n,,N offic;al sral, ih-- dl-i, z-1 -Car st-ned -nth!sccrii1C3z-, a^orr A-MortRIS (A! N, A ' T RI COUT' 3OFT a. A 1A C E 992 Mv cc—� S=,r:Xp1FCS Bond IL1r11141230885 LABOR AND MATERIAL BOND KNOW ALL PERSONS BY THESE PRESENTS, That Paige Electric Co. as Contractor and Firema,.nls -Fund Insurance CU . as Surety, are held and firmly bound unto the City of Redlands, hereinaftpr called City, in the sum ofTwo Hundred Thfrty Thousand Six Hunared Zen & 12/ for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents . WHEREAS, said Contractor has been awarded and is about to enter into the annexed contract with said City, to perform all work required under the Bidding Schedule(s) of the City 's Specifications entitled: "Installation of Traffic Signals and Related Roadway Improvements at the Intersections of Lugonia Avenue and University, Street and at Lugonia Avenue and Judson Street . Contract No . 22-9358-4230 . 1' NOW THEREFORE, if said Contractor, or subcontractor, fails to pay for any materials, equipment, or other supplies, or for rental of same, used in connection with the performance of work contracted to be done, or for amounts due under applicable State law for any work or labor thereon, said Surety will pay for the same in an amount not exceeding the sum specified above, and, in the event suit is brought upon this bond, a reasonable attorney's fee to be fixed by the court . This bond shall inure to the benefit of any persons, companies, or corporations entitled to file claims under applicable State law and will remain in force until 90 days after completion. PROVIDED, that any alterations in the work to be done or the materials to be furnished, which may be made pursuant to the terms of said contract, shall not in any way release either said Contractor or said Surety thereunder, nor shall any extensions of time granted under the provisions of said contract release either said Contractor or said Surety, and notice of such alterations or extensions of the contract is hereby waived by said Surety. 7th Nov. ATTORNEY IN FACT ACKNOWLEDGE t.rN day of ,zFATE OF CALIFORNIA hoc nt N o _cu-n-o— V On this X 11 day of1988. November in txforc me.a Notan Public in and for said -1:iQ _Coons}Count v.State of California.residing there in.duly commissioned_ppy-na_r_r, m ssioned and sworn.pcmonally a d Dana Hf. weaver....... :0 per u"lly known to me,[3 proved to me on Lbc basis of sstWuctory evidenrr :to be the person whose name is-subscribcd to this instrument as the attorney in fact of Fireman' s Fund Insurance Co and ark'nowli:dged to me that[X hcE:i she subscribed the name of Fireman' s Fund Insurance Co. thereto as sorcty. and EX his [:3 her own name as attorney in fact. IN WITNESS WFEREOF. I have hereunto set my hand and affixcd mv official scal, the day and year stated in this ccrtihswc aho%c- K.A,MORRIS it t40TARY PLOLIC Notary Public SAN SeRNARDWO COU14TY CAuMNMA %vr,.f Co 3, i 44v commission expires