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HomeMy WebLinkAbout3853 , RESOLUTION NO. 3, 853 A RESOLUTION AWARDING A CONTRACT TO MOORE ELECTRIC COMPANY FOR CONSTRUCTION AND IN- STALUTTION OF CERTAIN UNDERGROUND ELECTRIC SERVICE TO THE CITY HALL; AUTHORIZING PAY- MENT FOR SAID CONSTRUCTION AND INSTALLATION; AND FOR OTHER PURPOSES. WHEREAS , invitation to bid was published and bids received pursuant thereto for the construction and installation of underground electric service from the transformer bank to the service entrance at the rear of the City Hall all in accordance with law; and WHEREAS , the lowest responsible and responsive bid received for said construction and installation was that of Moore Electric Company in the amount of One Thousand Eight Hundred Forty Seven and NO/100 Dollars ($1,847.00) ; and WHEREAS, it is the desire of the Board of Directors to accept the said bid of Moore Electric Company and to authorize execution of a contract for the prosecution of the work provided for all in accordance with plans and specifications prepared therefor. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The bid of Moore Electric Company in the amount of One Thousand Eight Hundred Forty Seven and N0/100 Dollars ($1,847.00) for the construction and installation of underground electric service from the new transformer bank to the service entrance at the rear of the City Hall is hereby accepted and the Mayor and City Clerk are hereby authorized and directed to execute for and on behalf of the City a contract with said Moore Electric Company for the prosecution of the work in accordance with bidd- ing specifications, plans and bid proposal on file in the office of the Purchasing Agent. Said contract shall be in form and substance as follows : C O N T R A C T WITNESS this agreement made this day of 196 by and between the City of Little Rock, Arkansas, hereafter called owner and hereafter called CONTRACTOR, wherein the OWNER and CONTRACTOR, for the considerations hereafter set forth , agree as follows : 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 : prepared by : 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 days from issuance of a work order and the work shall be completed within consecutive days thereafter . Liquidated damages shall be assessed against the CONTRACTOR and deducted from final payment at the rate of $ per day for each day following the aforesaid date of completion until the work shall have been completed. ( If no sum is shown - 2 - 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 : 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; - 3 - ARTICLE 5 . ACCEPTANCE AND FINAL PAYMENT Final payment shall be due CONTRACTOR days after completion of the work and acceptance thereof by the City Manager, Inspec- tion and final approval by the City Nianager, 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 (CONTRACTOR) BY ATTEST : (President - Partner - Proprietor) Secretary -3- SECTION 2. The City Manager and Director of Finance are hereby authorized and directed to issue the necessary warrant or warrants in payment of the contract price hereinabove provided for upon completion of the work all in accordance with terms, provisions and conditions therein set forth. Payment of said contract price shall be made from appropriations for such pur- poses heretofore provided for in the 1967 budget of the City of Little Rock. SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED: October 2, 1967 A ATTEST:�pa , 41"--ae. a.,,cJ APPROVED: City Clerk 1 or