05-D Animal Shelter Contract - Laserfiche WebLink

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ARTICLE 7 PERFORMANCE BOND AND PAYMENT BOND 7.1 BOND REOUIREMENTS 7.1.7 If stipulated in the Bidding Documents, the Bidder shall furnish bonds covering the faith- ful performance of the Contract and payment of all obligations arising thereunder. Bonds may be secured through the Bidder's usual sources. 7.1.2 If the furnishing of such bonds is stipu]ated in the Bidding Documents, the cost shall be included in the Bid. If the furnishing of such bonds is required afier receipt of bids and before exe- cution of the Contract, the cost of such bonds shall be added to the Bid in determining the Contract Sum. 7.13 If the Owner requires that bonds be secured from other than the Bidder's usual sources, changes in cost will be adjusted as provided in the Contract Documents. 7.2 TIME OF DELIVERY AND FORM OF BONDS 7.2.1 The Bidder shall deliver the required bonds to the Owner not later than three days follow- ing the date of execution of the ContracL If the Work is to be commenced prior thereto in response to a letter of intent, the Bidder shall, prior to commencement of the Work, submit evi- dence satisfadory to the Owner that such bonds will be furnished and delivered in accordance with this Subparagraph 7.2.1. 7.2.2 ilnless otherwise provided, the bonds shall be written on AIA Document A312, Performance Bond and Paymeiit Bond. Both bonds shall be written in the amount of the Contract Sum. 7.2.3 The bonds shall be dated on or after the date of the Contract. 7.2.4 The Bidder shall require the attomey-in-fact who executes the required bonds on behalf of the surety to affix thereto a certified and current copy of the power of attorney. ARTICLE 8 FORM OF AGREEMENT BETWEEN OWNER AND CONTRACTOR Llriless otherwise required in the Bidding Documents, the Agreement for the Work will be written on AIA Document Aioi, Standard Form of Agreement Between Owner and Contractor Where the Basis of Payment Is a Stipulated Sum. o II~~ o o. o 00 ~.oo 0 0 199] AlqO AIA DOCUMENT A701-1997 INSTRUCTIONS TO BIDDERS The American Institute of Architects 1135 New York Avenue, N. W. Washington, D.C. 20006-5I92 WARNING: Unlicensed photaopying violafes U.S. copyrighf laws and will subject ihe violator to legal prosecution.