2003-021-RES AWARDING BID; EXECUTING CONTRACT FOR CONSTRUCTION OF WATER LINES FOR NEW ELEVATED WATER STORAGE TANK - BONHAM STREET

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] ] ] ] ] ] ] ] ] ] ] ] ~ CONTRACT AGREEMENT CITY OF PARIS, TEXAS 24" RCCP WATER TRANSMISSION LINE BID NO. 82.49 THIS AGREEMENT, made and entered into this day of .2003, by and between the City of Paris, County of Lamar, Texas, Party of the First Part, hereinafter referred to as the "City", and Party of the Second Part, hereinafter referred to as the 'Contractor" for the 24" RCCP Water Transmission Line. Bid No. 82.49. WITNESSETH: ARTICLE 1. It is hereby mutually agreed that for and in consideration of the payments as provided for herein to the Contractor by the City, the said Contractor shall fumish all labor, equipment, and material (except as otherwise specified above) and shall perform all work necessary to complete the improvements in a good and substantial manner, ready for use, within the specified time for completion of three hundred (300) calendar davs. The work shall be in strict accordance with this Contract, a copy of which is filed pursuant to law in the office of the City Clerk. ARTICLE 2. It is hereby further agreed that in consideration of the faithful performance of the work by the Contractor, the City shall pay the Contractor the compensation due him by reason of said faithful performance of the work at stated intervals and in the amount certified by the City Engineer, in accordance with the provisions of this Contract. ARTICLE 3. It is hereby further agreed that, at the completion of the work and its acceptance by the City, all sums due the Contractor by reason of alterations or modifications of the original Contract or by reason of 'Extra Work" authorized underthis Contract, will be paid the Contractor by the City after said completion and acceptance. ARTICLE 4. It is hereby further agreed that any reference herein to the 'Contract" shall include all "Contract Documents" as the same are listed and described in Paragraph 1.9 of SECTION: GENERAL CONDITIONS bound herein, and said "Contract Documents' are hereby made a part of this Agreement as fully as if set out at length herein, and that this Contract is limited to the items in the Proposal as signed by the "Contractor" and included in the 'Contract Documents". ARTICLE 5. The Contractor agrees to perform all of the work described in the Contract Documents for the unit prices and lump sums as submitted in the Bid, in the total amount of ($ ), taking into consideration additions to or deductions from the Total Bid by reason of alterations or modifications of the original quantities or by reason of "Extra Work" authorized under this Agreement in accordance with the provisions of the Contract Documents. ARTICLE 6. The Contractor agrees that the sum of Five hundred Dollars ($500.00) in Liquidated Damages will be deducted from the Contract price by the City for each calendar day that the work remains incomplete beyond the Contract time for completion, or within such extra time as may have been allowed by an extension approved by the City. Paris, Texas 24" RCCP Water Transmission Line CA-1 Contract Agreement EXHIBIT A