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11946ORDINANCE NO. 11,946 AN ORDINANCE ACCEPTING THE BID OF AND AUTHORIZING A CONTRACT WITH SOUTHEAST CONSTRUCTION COMPANY IN THE AMOUNT OF $827,831.86 FOR THE WIDENING, PAVING AND IMPROVING OF 65TH STREET - PHASE III IN THE CITY OF LITTLE ROCK, ARKANSAS; APPROPRIATING THE SUM OF $827,831.86 FROM THE 1965 IMPROVEMENT CONSTRUCTION FUND TO PROJECT 65 -S -58 (65TH STREET - PHASE III); AND FOR OTHER PURPOSES. WHEREAS, invitation to bid was published for the widening, paving and re- construction of 65th Street in the City of Little Rock and bids were received pursuant thereto according to law; and WHEREAS, the lowest responsible and responsive bid was that of Southeast Construction Company in the amount of Eight Hundred Twenty Seven Thousand Eight Hundred Thirty One and 86/100 Dollars ($827,831.86); and WHEREAS, it is the desire of the Board of Directors to accept the bid of Southeast Construction Company and authorize the execution of a contract for said construction. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The bid of Southeast Construction Company in the amount of Eight Hundred Twenty Seven Thousand Eight Hundred Thirty One and 86/100 Dollars ($827,831.86) for the re- construct- ion, paving and opening of 65th Street - Phase III in the City of Little Rock is hereby accepted and the Mayor and City Clerk are hereby authorized and directed to execute a contract for and on behalf of the City of Little Rock with said Southeast Construction Company for the performance of the work in full compliance with plans, specifications and bid proposal on file in the office of the Purchasing Agent which contract shall be in form and substance as follows: Cc�_s'7 } i� CONTRACT THIS AGREEMENT made this day of , 19 by and between (a corporation organized and existing under the laws of the State of ) (a partnership consisting of ) (an individual trading as Strike out the two terms not applicable) hereinafter called the "Contractor ", and City of Little Rock, Arkansas, here- inafter called the 'Owner ". WITNESSETH, that the Contractor and the Owner for the considerations stated herein mutually agree as follows: ARTICLE 1. Statement of Work. The Contractor shall furnish all super- vision, technical personnel, labor, materials, machinery, tools, equipment, incidentals, and services, including utility and transportation services, and perform and complete all work required for the 65th Street Reconstruction, Phase , in Little Rock, Arkansas, in strict accordance with the Contract Documents, including all Addenda thereto, numbered dated and dated , as prepared by the Engineer. ARTICLE 2. The Contract Price. The Owner will pay the Contractor, be- cause of his performance of the Contract, for the total quantities of work performed at the lump sum prices and unit prices stipulated in the Proposal for the several respective items of work completed, subject to additions and deductions as provided in paragraph GC -07, 'Changes in the Work , of GENERAL CONDITIONS. ARTICLE 3. Contract Time, The Contractor agrees to begin work within ten 10 calendar days after issuance by the Owner of a "Work Order" or "Notice to Proceed" and to complete the work within calendar days thereafter. (Contract time to be filled in after receiving bids based on time limits set out in the Proposal). If the Contractor shall fail to complete the work within the time specified, he and his Surety shall be liable for payment to the Owner, as liquidated damages ascertained and agreed, and not in the nature of a pen- alty, the amount specified in GENERAL CONDITIONS of these contract documents for each day of delay. To the extent sufficient in amount, liquidated damages shall be deducted from the final payment to be made under this contract. ARTICLE 4. Contract. The executed contract documents shall consist of the following: a. This Agreement f. General Conditions b. Addenda g. Special Conditions c. Notice to Contractors h. Technical Specifications d. Instructions to Bidders i. Drawings (as listed in the e. Proposal List of Plans) C -1 This Agreement, together with other documents enumerated in this ARTICLE 4, which said other documents are as fully a part of the Contract as if hereto attached or herein repeated, forms the Contract between the parties hereto. In the event that any provision in &W one part of this Contract conf; --d6%PANQ =• ff•z . ins surety on the Performance- Payment Bond shall be a surety company of financial resources satisfactory to the Owner and author- ised to do business in the State of Arkansas. IN WITNESS WHEREOF* the parties hereto have caused this AGREDENT to be executed in five (5) original copies on the day and year first above written. ATTSST3 LiuP a Contractor BY Title (Street City of Little Rock, Arkansas Yor (Print or type the names underneath all signatures) C -2 I i t ,• t -2- SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to pay the contract price herein provided for in keeping with the terms and provisions of said contract as and when said work is prosecuted in accord- ance with plans, specifications and bid proposal. SECTION 3. There is hereby appropriated from the 1965 Improvement Construction Fund to Project 65 -S -58 - Phase III (65th Street) the sum of Eight Hundred Twenty Seven Thousand Eight Hundred Thirty One and 86 /100 Dollars ($827,831.86) to be used for paying the contract price herein provided for. SECTION 4. This Ordinance shall be in full force and effect from and after its passage. PASSED: August 21, 1967 ATTEST: �3�o a Z,,,/APPROVED City Clerk Mayor