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1992-053-RES WHEREAS, the City Council of the City of Paris did, in Resolution No. 92-039 on June 4, 1992, approve RESOLUTION NO. 92-053 WHEREAS, the City Council of the City of Paris did, in Resolution No. 92-039 on June 4, 1992, approve the advertise- ment for bids for furnishing plant, labor, materials and equipment and performing all work required for the "NEW 4 MILLION GALLON PRECAST, PRESTRESSED CONCRETE GROUND STORAGE TANK FOR POTABLE WATER NO. 92-WSRB-01-92", which bids were received until 3:00 o'clock P.M., Thursday, July 9, 1992; and, WHEREAS, the best bid for such storage tank project was made by Preload, Inc., and it should be awarded the bid for such "NEW 4 MILLION GALLON PRECAST, PRESTRESSED CONCRETE GROUND STORAGE TANK FOR POTABLE WATER PROJECT NO. 92-WSRB-01-92"; and, WHEREAS, the form of contract for such storage tank project is attached hereto as Exhibit A, should be approved, and the Mayor, should be authorized to execute the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the Bid of Preload, Inc., for the storage tank, in the amount of $1,099,270.00, is hereby accepted and let conditioned upon said contractor meeting all of the terms and specifications included in the bid documents; and, BE IT FURTHER RESOLVED, that the form of contract for such construction project attached hereto as Exhibit A, is hereby approved, and that the Mayor of the City of Paris, George Fisher, be, and he is hereby authorized and directed to execute on behalf of the City of Paris the contract with Preload, Inc., for "NEW 4 MILLION GALLON PRECAST, PRESTRESSED CONCRETE GROUND STORAGE TANK FOR POTABLE WATER PROJECT NO. 92-WSRB-01-92", upon the terms and conditions and in the form shown in Exhibit A attached hereto. Passed and adopted this 13th day of July, 1992. ~ /~ :~sher, Mayor ATTEST: Ma tt i e APPROVED AS/TO FORM: / I AGREEMENT THIS AGREEJ.'1ENT year 1992 by call Preload, Inc. called CONTRACTOR). is dated as of the and between City of e d 0 W 13th day of Paris t Paris, N E R Julv Texas in the (hereinafter and (hereinafter OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows: Article 1. WORK CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows: Construction of a 4 MG Precast Ground Storage Reservoir The Project for which the Work under the Contract Documents may be the whole or only a part is generally described as follows: Article 2. ENGINEER The Project has been designed by Hayter Engineering, Inc., Paris, Texas, who is hereinafter called ENGINEER and who is to act as OWNER'S representative, assume all duties and responsibilities and have the rights and authority assigned to ENGINEER in the Contract Documents in connection with completion of the Work in accordance with the Contract Documents. -' Article 3. CONTRACT TIME 3.1. The Work will be substantially completed and ready for final payment within 300 days from the date when the Contract Time commences to run, as provided in the General Conditions. 3.2. Liquidated Damages. OWNER and CONTRACTOR recognize that time is of the essence of this Agreement and that OWNER will suffer financial loss if the work is not completed within the times specified above, plus any extensions thereof allowed in accordance with the Gene~al Conditions. They also recognize the delays, expense and difficulties involved in proving in a legal or arbitration proceeding the actual loss suffered by OWNER if the Work is not completed on time. Accordingly, instead of requiring any such proof, OWNER and CONTRACTOR agree 20 EXHIBIT A that a3 liquidated damages for delay (but not as CGNTRACTOR shall pay OWNER $ 275 .00 for each expires after the time specified. a penalty) day that Article 4. CONTRACT PRICE OWNER shall pay accordance with follows: CO~~CTOR for completion the Contract Documents in of the current work funds in as A lump sum amount as shown on the Bid Schedule included in the Contract Documents. Article 5. PAYMENT PROCEDURES CONTR.~CTOR shall submit Applications for Payment in accordance wi th the General Conditions. Applications for Payment will be processed by ENGINEER, as provided in the General Conditions. The OWNER shall retain lO% of the amount of each payment until final completion and acceptance. of all work covered by the contract documents. When the work is substantially complete, the retained amount may be reduced to 5%, at the OWNER'S discretion. Article 6. lllTEREST If the contract amount of this contract is less than $400,000, no interest will be paid to the CONTRACTOR on retained money. When the contract amount exceeds $400,000, no interest will be paid unless required by law. Article 7. CONTRACTOR' S REPRESENTATIONS In order to induce Ow~ to enter into this Agreement, CONTRACTOR makes the following representations: 7.1 CONTRACTOR has familiarized himself with the nature and extent of the Contract Documents, Work, site, locality, and all local conditions and Laws and Regulations that, in any manner, may affect cost, progress, performance or furnishing of the Work. 7.2 CONTRACTOR has studied carefully all reports of explorations and tests of subsurface conditions and drawings of physical conditions, if any, which are contained or identified in the Contract Documents, and accepts the determination set forth in the Contract Documents of the extent of the technical data contained in such reports and drawings upon which CONTRACTOR is entitled to rely. 7. J CONTRACTOR has obtained and carefully studied (or assumes responsibility for obtaining and carefully studying) all such examinations, investigations, explorations, tests, reports and studies in addition to, or to supplement, those referred to 21 ~b0ve, which pertain to the subsurface or physical conditions at or contiguous to the site, or otherwise may affect the cost, progress, performance or furnishing of the Work as CONTRACTOR considers necessary for the performance or furnishing of the Work at the Contract Price, wi thin the Contract Time and in accordance with the other terms and conditions of the Contract Documents, and no additional examinations, investigations, explorations, tests, reports, studies or similar information or data are, or will be, required by CO~;CTOR for such purposes. 7.4 CONTRACTOR has reviewed and checked all information and data shown or indicated on the Contract Documents with respect to existing Underground Facilities at or contiguous to the site and assumes responsibility for the accurate location of all Underground. Facilities, whether indicated in the Contract Documents, or not. No additional examinations, investigations, explorations, tests, reports, studies or similar information or data in respect of said Underground Facilities are, or will be, required by CONTRACTOR in order to perform and furnish the Work at the Contract Price, within the Contract Time and in accordance with the other terms and conditions of the Contract Documents. 7.5 CONTRACTOR has correlated the results of all such observations, examinations, investigations, explorations, tests, reports and studies with the terms and conditions of the Contract Documents. 7.6 CONTRACTOR has gi ven ENGINEER written notice of all conflicts, errors or discrepancies that he has discovered in the Contract Documents and the written resolution thereof by ENGINEE."'t is acceptacle to CONTRACTOR. 7.7 CONTRACTOR has of liability Conditions. reviewed and fully agrees to the limitation provisions included in the SupplementarI Article 8. CONTRACT DOCUM:ENTS The Contract between OWNER the following: Documents which and CONTRACTOR comprise concerning the the entire agreement Work consist of 8.1 This Agreement 8.2 Bid and Bid Schedule, Advertisement, and Information or Instructions to Bidders. 8.3 Performance and Payment Bonds 8.4 Notice of Award and Notice to Proceed 22 e.s General Conditions and modifications thereto, if any, such are included. 8.6 Supplementary Conditions 8.7 Technical Specifications prepared Hayter Enl1;ineerinl1;. Inc ., dated May. 1992 or issued by 8.8 Drawings, consisting of sheets numbered I through 7, inclusive with each sheet bearing the follOwing general title: 8.9 Addenda numbers to , inclusive. 8.10 Documentation submitted by CONTRACTOR prior to Notice of Award, identified as 8.11 The following which may be delivered or issued after the Effective Date of the Agreement and are not attached hereto: All Written Amendments, change orders, and other documents amending, modifying, or supplementing the Contract Documents pursuant to the General Conditions. There are no Contract Documents other than those listed above in this Article 8. The Contract Documents may only be amended, modified or supplemented, as provided in the General Conditions. Article 9. MISCl!:I.I.ANEOUS 9.1 Terms used in this Agreement which are defined in Article 1 of the General Conditions will have the meanings indicated in the General Conditions. = 9.2 No assignment by a party hereto of any rights under or interests in the Contract Documents will be binding on another party hereto without the written consent of the party sought to be bound; and specifically, but without limitation, monies that may become due and monies that are due, may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the Contract Documents. 9.3 OWNER and CONTRACTOR each binds himself, its partners, successors, assigns, and legal representatives to the other party hereto, its partners, successors, assigns and legal representatives in respect of all covenants, agreements and obligations contained in ~~e Contract Documents. Article 10. V~ PROVISIONS None. IN WITNESS WHEREOF, OWNER and this Agreement in multiple copies. One deliverec. to OWNER, CON'I'RACTOR and CONTRACTOR counterpart ENGINEER. have signed each has been All porti:::ms " of the Contract Documents have been signed or identified by Ow~R and CONTRACTOR or by ENGINEER on their behalf. This Agreement will be effective on 19~ " 13th July , OWNE.."l. CITY OF PARIS. PARIS. TEXAS CONTRACTOR By By PREL?AD, INC. (CORPORATE SEAL) (CORPORATE SEAL) Attest At~est Mattie Cunningham, City Clerk Address for giving notices Address for giving notices P. O. Box 9037 839 Stewart Avenue Paris, Texas 75461-9037 Garden City, New York 11530 License No. Agent for service of process: Approved as to form: T. K. Haynes, C~ty At~orney : 24