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F & F Construction, Inc/Util Cmya..cf +t t::U ,01.0~.O 2. ,I A ._ ;',' AGREEMENT THIS AGREEMENT is dated this I 'ri'\. .kIe. day of:M!!I; 2006, by and between Board of Public Works & Safety. City of Carmel. Indiana ("Owner") and F & K Construction. Inc. ("Contractor"). Owner and Contractor, in consideration of the mutual covenants hereinafter set forth, agree as follows: ARTICLE 1 - WORK 1.01 Contractor shall complete all Work as specified or indicated in the Contract Documents. The Work is generally described as follows: 141'1 Street and Sheiborne Road Water Main Extension. Carmel. Indiana ARTICLE 2 - ENGINEER 2.01 The Project has been designed by M. D. Wessler & Associates, Inc. (Engineer), 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 the completion of the Work in accordance with the Contract Documents. ARTICLE 3 - CONTRACT TIMES 3.01 AIi time limits for Milestones, if any, Substantial Completion, and completion and readiness for final payment as stated in the Contract Documents are of the essence of the Contract. 3.02 The Work will be substantially completed within 45 days after the date when the Contract Times commence to ,run as provided In Paragraph 2.03 of the General Conditions, and completed and ready for final payment in accordance with Paragraph 14.07 of the General Conditions within 45 days after the date when the Contract Times commence to run. 3.03 Liquidated Damages A Contractor and Owner 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 in Paragraph 3.02 above, plus any extensions thereof allowed in accordance with Article 12 of the General Conditions. The parties 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 that as liquidated damages for delay (but not as a penalty), Contractor shall pay Owner $500.00 for each day that expires after the time specified in Paragraph 3.02 for Substantial Completion until the Work is substantially complete. After Substantial Completion, if Contractor shall neglect, refuse, or fail to complete the remaining Work within the Contract Time or any proper extension thereof granted by Owner, Contractor shall pay Owner $500.00 for each day that expires after the time specified in Paragraph 3.02 for completion and readiness for final payment until the Work is completed and ready for final payment. " 1415T ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 1 " ~ ARTICLE 4 - CONTRACT PRICE 4.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents an amount in current funds as follows: One Hundred Sixty-Four Thousand Three Hundred Sixtv Dollars ($164.360,00) (words) (figure) For all Work, at the prices stated in Contractor's Bid. ARTICLE 5 - PAYMENT PROCEDURES 5.01 Submittal and Processing of Payments A. Contractor shall submit Applications for Payment in accordance with Article 14 of the General Conditions. Applications for Payment will be processed by Engineer as provided in the General Conditions. 5.02 Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment on a monthly basis during performance of the Work as provided in Paragraph 5.02.A.1 below. All such payments wili be measured by the schedule of values established as provided in Paragraph 2.07,A of the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no schedule of values, as provided in the General Requirements: 1. Prior to Substantial Completion, progress payments will be made in an amount equal to the percentage indicated below but, in each case, less the aggregate of payments previously made and iess such amounts as Engineer may determine or Owner may withhold, including but not limited to liquidated damages, in accordance with Paragraph 14.02 of the General Conditions: The Owner shall retain ten percent (10%) of the amount of each payment until final completion and acceptance of all work covered by the Contract Documents. The Owner at any time, however, after fifty percent (50%) of the Work has been completed, if he finds that satisfactory progress is being made, shall reduce retainage to five percent (5%) on the current and remaining estimates. When the Work is substantially complete (operational or beneficial occupancy), the retained amount may be further reduced below five percent (5%) to only that amount necessary to assure completion. On completion and acceptance on a part of the Work on which the price is stated separateiy in the Contract Documents, payment may be made in full, including retained percentages, less authorized deductions. 2. Upon Substantial Completion, Owner shall pay an amount sufficient to increase totai payments to Contractor to 100 percent of the Work completed, less such amounts as Engineer shall determine in accordance with Paragraph 14.02.B.5 of the General Conditions and less 200 percent of Engineer's estimate of the value of Work to be completed or corrected as shown on the tentative list of items to be completed or corrected attached to the certificate of Substantial Completion. 1415T ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 2 .; .'. 5.03 Final Payment A. Upon final completion and acceptance of the Work in accordance with Paragraph 14.07 of the General Conditions, Owner shall pay the remainder of the Contract Price as recommended by Engineer as provided in said Paragraph 14.07. ARTICLE 6 - CONTRACTOR'S REPRESENTATIONS 6.01 In order to induce Owner to enter into this Agreement Contractor makes the following representations: A. Contractor has examined and carefully studied the Contract Documents and the other related data identified in the Bidding Documents. B. Contractor has visited the Site and become familiar with and is satisfied as to the general, local, and Site conditions that may affect cost, progress, and performance of the Work. C. Contractor is familiar with and is satisfied as to all federal, state, and local Laws and Regulations that may affect cost, progress, and performance of the Work. D. Contractor has obtained and carefully studied (or assumes responsibility for doing so) all examinations, investigations, explorations, tests, studies, and data concerning conditions (surface, subsurface, and Underground Facilities) at or contiguous to the Site which may affect cost, progress, or performance of the Work or which relate to any aspect of the means, methods, techniques, sequences, and procedures of construction to be employed by Contractor, including any specific means, methods, techniques, sequences, and procedures of construction expressly required by the Bidding Documents, and safety precautions and programs incident thereto. E. Contractor does not consider that any further examinations, investigations, explorations, tests, studies, or data are necessary for the performance of the Work at the Contract Price, within the Contract Times, and in accordance with the other terms and conditions of the Contract Documents. F. Contractor is aware of the general nature of work to be performed by Owner and others at the Site that relates to the Work as indicated in the Contract Documents. G. Contractor has correlated the information known to Contractor, information and observations obtained from visits to the Site, reports and drawings identified in the Contract Documents, and all additionai examinations, investigations, expiorations, tests, studies, and data with the Contract Documents. H. Contractor has given Engineer written notice of all conflicts, errors, ambiguities, or discrepancies that Contractor has discovered in the Contract Documents, and the written resolution thereof by Engineer is acceptable to Contractor. I. The Contract Documents are generally sufficient to indicate and convey understanding of all terms and conditions for performance and furnishing of the Work. 1415T ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 3 "' .' ARTICLE 7 - CONTRACT DOCUMENTS 7.01 Contents A. The Contract Documents consist of the following: 1. Advertisement for Bidders 2. Instructions to Bidders 3. Contractor's Bid 4. Bid Bond 5. Agreement 6. Performance Bond 7. Payment Bond 8. General Conditions 9. Supplementary Conditions 10. Specifications as contained in Project Manual dated March. 2006 11. Drawings consisting of six (6) sheets dated March. 2006 12. Addenda a. No. -1- dated Aoril13, 2006 b. No. dated c. No. dated d. No. dated 13. The following which may be delivered or issued on or after the Effective Date of the Agreement and are not attached hereto: a. Notice to Proceed b. Change Order(s). c. Substantial Completion B. There are no Contract Documents other than those listed above in this Article 7. C. The Contract Documents may only be amended, modified, or supplemented as provided in Paragraph 3.04 of the General Conditions. 1418T ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 4 .i ARTICLE 8 - MISCELLANEOUS 8.01 Terms Terms used in this Agreement will have the meanings stated in the General Conditions and the Supplementary Conditions. 8.02 Assignment of Contract No assignment by a party hereto of any rights under or interests in the Contract will be binding on another party hereto without the written consent of the party sought to be bound; and, specifically but without limitation, moneys that may become due and moneys 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. 8.03 Successors and Assigns A. Owner and Contractor each binds itself, its partners, successors, assigns, and legal representatives to the other party hereto, its partners, successors, assigns, and legal representatives in respect to all covenants, agreements, and obligations contained in the Contract Documents. 141ST ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 5 " l'~' /. r/ IN WITNESS WHEREOF, Owner and Contractor have signed this Agreement in triplicate (3) (No. of Copies) One counterpart each has been delivered to Owner and Contractor. All portions of the Contract Documents have been signed or identified by Owner and Contractor or on their behalf. ~1, This Agreement will be effective on ~ ,/ . 2006 (which is the Effective Date of the Agreement). OWNER: Board of Public Works & Safety Citv of Carmel Indiana CONTRACTOR: ",..-' r., .$"."';.\'''.,., .. ~~..~.~ ~-~ ~\... . ~, '. l/'-;;:: .:?~-~ .... "', .. - .~ "~ f:: "-~ -~ F & K Construction, Inc. =.::: ~- ::::! ,'0. ;' 7/ _ ~ ~:~ /./J'_c:::l ~ /~- ~ - 'J ;.... '-") ,~"'-"i2 , ~_'~~........ Yl.:-"~ S Title: President ~..:. ~- .-:,"" BY:~ By: Brainard, Presidin Officer "~~""'f.rf'~""'\""""'''''' 0llJ;: SEAL] vP Attest: [CORPORATE SEAL] / / Title: Diana Cordray, ClerkoTreasurer Address for giving notice,i' I Board of Public Works/& Safety, City of Carmel / One Civic Square / I Carmel, IN 46032 I Attest: Title: Address for giving notices: F & K Construction, Inc. ?n~~ w 1 ~ns Flora, IN 46929 License No.: (Where applicable) Agent for service of process: (If Contractor is a corporation or a partnership, attach evidence of authority to sign.) 141ST ST & SHELBORNE RD WATER MAIN EXTENSION WESSLER PROJECT NO. 101605.04A AGREEMENT 6 CITY OF CARMEL, INDIANA BY ITS BOARD OF PUBLIC WORKS AND SAFETY :::::::> 1 les Brainard, Presiding Officer --/ Date: 6 - 7 - D h Mary Ann urke, Member Date: 6-7-t/j ~ Lori atso mber Date: ~ I f / Of.~ I I ~........ 7~,... " "'^ """-"'. t.',/, ATTEST: . r",,- 4;^~'_ ...... ' . \,.... ~....... . ..... t::\. ~ ~"I( '.' Sandra M. Johnson, Deputy Clerk for iana: L<;::ordra , IA1jC,:;-Clerk- Treasurer ;" _/Z~/ ';: ': , . :""\~\/ ' "'......---- ~........ " STATE OF INDIANA COUNTY OF +} ./uA.. Before me, a Notary Public in and for said County and State, personally appeared James Brainard. Mary Ann Burke. and Lori Watson, b:\Lme known to be the Members of the City of 1::)c.<I\ck. ~"1icn"\, bc.pl4 "".I of Carmel Board of Public Works and Safety, and Diana L. Cordray, Clerk-Treasure of the City of Carmel, who acknowledged the execution of the foregoing "Agreement" on behalf of the City of ) ) ) SS: Carmel, Indiana. Witness my hand and Notarial Seal this '1 w... day of ~~ , 2006. .' f>. V~~ '" ,'\ ~ NOTARY PUBLIC ". ~f':, ":.. '. '/ ' .:,....4& "\~ /,.". . .&00. "',- . ";r :'-'~ " -,"":,, ~ "':r:- ,. " < My Commission Expires: (! . /)/1/ AJ ~y I.? Printed Name " . :' ..~... ".'- ~, ....... ,...... ~'..,.. .,...........' f/;;m/"t1 a /1,)"..,,,..-....' lI/i9//)[/ My County of Residence: Date: 6/7 /o~ .