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HomeMy WebLinkAboutContracts & Agreements_38-2015_CCv0001.pdf FIRST AMENDMENT TO THE CONTRACT TO CONSTRUCT CERTAIN IMPROVEMENTS TO THE REDLANDS BOULEVARD AT ALABAMA STREET AND COLTON AVENUE INTERSECTION This first amendment ("First Amendment") to the public works construction contract to provide certain improvements to the Redlands Boulevard at Alabama Street and Colton Avenue project dated November 19, 2013, (the "Contract") by and between the City of Redlands.. a municipal corporation("City'). and All American Asphalt("Contractor"), is made and entered into this 3rd day of March. 2015. RECITALS WHEREAS. it is the desire of City and Contractor to amend the"The Contract Sum"of the Contract for the provision of additional services. City and Contractor hereby agree as follows: AGREEMENT Section 2. "THE CONTRACT SUM" to the Contract is hereby amended to read as follows: "THE CONTRACT SUM: City shall pay Contractor the sum of$4,035,000.00 as consideration for its performance of the Work in accordance with the terms and conditions set forth in the Contract Documents and, in accordance with City-approved written change orders, an additional sum not to exceed $1,000.000. Pursuant to Public Contract Code section 22300, Contractor has the option to deposit securities with an escrow agent as a substitute for retention of earnings required to be withheld by City pursuant to an escrow agreement as set forth in the Public Contract Code Section 22300." All other provisions of the Contract shall remain in full force and effect. IN WITNESS WHEREOF.the parties have executed this First Amendment,to be effective as of March 3, 2015. CITY OF REDLANDS ALL AMERICAN ASPHALT d aul W. Foster, Mayor Ed darlson ATTEST: Sam Irwin.tV Clerk 1:\ca\djm\Agreements\I st amendment to All American Asphalt C ontract 3.3.1 5.doc