3507 RESOLUTION NO. 3,507
A RESOLUTION ACCEPTING THE BID OF LITTLE
ROCK ELECTRIC COMPANY FOR INSTALLATION
OF LIGHTING IN A BALL FIELD AT WAR
MEMORIAL PARK; AND AUTHORIZING A CONTRACT;
AND FOR OTHER PURi O SE S.
WHEREAS, invitation for bids for installation of
lighting in a ball field at War Memorial Park has been
legally published; and
WHEREAS, bids have been received and opened pursuant
to said advertisement; and
WHEREAS, the bid of Little Rock Electric Company was
the lowest, responsible and responsive bib therefor; and
WHEREAS, the City of Little Rock desires to award
the contract for the said lighting in a ball field at War
Memorial Park to Little Rock Electric Company;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The low bid of Little Rock Electric
Company of Eleven Thousand Four Hundred Thirty Nine and no/100
Dollars ($11,439.00) for the lighting for the said ball field
at War Memorial Park is hereby accepted.
SECTION 2. The Mayor and City Clerk are hereby
authorized and directed to enter into and execute an agree-
ment on behalf of the City of Little Rock with Little Rock
Electric Company for the said project, which Agreement shall
be in form and words as follows:
C O N T R A C T
WITNESS this agreement made this _ of Febru
1966 by and between the City of Little Rock, Arkansas, hereafter owner and
Little Rock Electric Company
hereafter called CONTRACTOR, wherein the OWNER and CONTRACTOR,
for the considerations hereafter set forth , agree as follows :
To construct Semi-professional Softball Field Lighting at
War Memorial Park Ballfield.
ARTICLE I . SCOPE OF WORK
The CONTRACTOR shall furnish all of the materials and perform
all of the work shown on the drawings and designated in the
specifications entitled:
Ballfield Lighting at War Memorial Park
prepared by :
Parks and Recreation Department
and shall do everything required by this Contract, the General
Conditions, Special Conditions, drawings, specifications and
other contract documents, if any.
ARTICLE 2 . TIME OF COMPLETION
The prosecution of the work by CONTRACTOR shall be commenced
within 10 days from issuance of a work order and the work
shall be completed within 90 consecutive days thereafter .
Liquidated damages shall be assessed against the CONTRACTOR
and deducted from final payment at the rate of $ 10.00
per day for each day following the aforesaid date of completion
until the work shall have been completed. ( If no sum is shown
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in this paragraph, there shall be no liquidated damages
applicable to work) . The amount of liquidated damages is
acknowledged by both parties as reasonable and is not in the
nature of a penalty .
ARTICLE 3. CONTRACT SUM
OWNER shall pay to the CONTRACTOR for performance of the
Contract, subject to proper additions and deductions according
to the terms thereof, the following sum :
$ 11 ,439.00
Where the quantities originally contemplated are so changed
that enforcement of the Contract sum upon either party shall
tend to create an inequity or hardship, there shall be an
equitable adjustment of the Contract sum to prevent any such
hardship. OWNER reserves the right to make changes in the
quantities required hereunder and any such changes shall
cause equitable adjustments of the Contract sum .
ARTICLE 4. INTERIM AND PROGRESS PAYMENTS
OWNER shall make progress payments to the CONTRACTOR, or his
assigns, as follows;
40% of contract price on completion of 50% of work.
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ARTICLE 5. ACCEPTANCE AND FINAL PAYMENT
Final payment shall be due CONTRACTOR 10 days after completion
of the work and acceptance thereof by the City Manager, Inspec-
tion and final approval by the City Manager, or his authorized
agents, shall be made immediately upon notice of completion by
CONTRACTOR and final approval shall not be arbitrarily or
unreasonably withheld.
Before issuance of final payment the CONTRACTOR shall submit
evidence satisfactory to the City Manager that all laborers,
materialmen, subcontractors and other creditors have been paid
or otherwise satisfied.
In the event of substantial completion of the work , though full
completion be temporarily impossible due to no fault of the
CONTRACTOR, the OWNER shall make payment for the work actually
performed, completed and accepted, and the contract shall not
be terminated.
ARTICLE 6 . CONTRACT DOCUMENTS
The General Conditions of the Contract, Special Conditions,
Plans, Specifications, bid proposal and this Contract shall
constitute the Contract Documents and are a part of this Contract
as if attached hereto and set forth in the body hereof. The
following by name constitute the Contract Documents .
IN WITNESS WHEREOF the parties hereto have executed this Contract
on the day and year aforesaid.
CITY OF LITTLE ROCK, ARKANSAS ( OWNER)
BY
ATTEST : Mayor
City Clerk Little Rock Electir•ic Co(CONTRACTOR)
BY
ATTEST : (President - Partner - Proprietor
1
Secretary
1
I
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SECTION 3. There is hereby authorized and approved
the expenditure of Eleven Thousand Four Hundred Thirty
Nine and no/100 Dollars ($11, 439.00) payable to Little dock
Electric Company for the said proiect, which sum has pre-
viously been appropriated by ordinance.
SECTION 4. The City Manager and Director of Finance
are hereby authorized and directed to execute the necessary
warrant or warrants in payment of moneys approved in Section 3
hereof pursuant to the Agreement authorized herein.
SECTION 5. This resolution shall be in full force and
effect from and after its adoption.
ADOPTED: February 21, 1966
ATT EST: /G _ e APPROVED. (4
City Clerk Mayor