Loading...
HomeMy WebLinkAbout1998-118 Contract - VersatileCITY oREGON ~(-~':'?~:~-)~ C IT Y H A L L NOTICE OF TRANSMITTAL TO: BARBARA CHRISTENSEN ~ DATE: BOB NELSON PROJECT: JILL TURNER JOB NO.: KARl OLSON SUBJECT: SEPTEMBER 25, 1998 1998 MISC CONCRETE CONST. 98-08 CONTRACT THE FOLLOWING ITEMS ARE BEING SENT TO YOU: Barbara Christensen - Original contract and performance bond for the 1998 Miscellaneous Concrete Construction. Bob Nelson - Copy of contract and bond. Jill Turner - Copy of contract and bond. Kari Olson - Copy of contract and original requisition #0640. ENCLOSED -"'"'"'""'"'~'~ UNDER SEPARATE COVER REMARKS: COPIES TO: Paula Brown, Roger Balbo, Everett Swain, Pat Harney, Versatile Concrete Department of Public Works Engineering Department By: Jim Olson Title: Assistant City Engineer G:Dawn\Engineering\Project~98-08 Contract, bond and requisition NOT.wpd CITY OF ASHLAND CONTRACT FOR PUBLIC WORKS CONSTRUCTION 21 da Contract made this y of 4kug,;~, 1998, between the City of Ashland, ("City") and Versatile Concrete Construction Inc.("Contractor"). City and Contractor agree: Contract Documents: This contract is made as a result of an Advertisement for Bid issued by City for the 1998 Miscellaneous Concrete Construction Project No. 98-08. Contractor was awarded the bid as the lowest responsible bidder. In the event of any inconsistencies in the terms of this contract, the contract documents defined in the Advertisement for Bid and Contractor's bid, this contract shall take precedence over the contract documents which shall take precedence over the bid. Scope: Contractor shall begin and complete the project described in the contract documents within the time prescribed in the contract documents. The following exceptions, alterations, or modifications to the contract documents are incorporated into this contract: Price and Payment: City shall pay Contractor amounts earned under the contract. All payments will be made at the times and in the manner provided in the contract documents. Bond: Contractor shall, within five days after execution of the contract and prior to doing any work under the contract, furnish bond to the City of Ashland in a form and with a surety satisfactory to City in the penal sum of $116,489.80 conditioned upon the faithful performance of this contract upon the part of the Contractor. 5. Default: A default shall occur under any of the following circumstances: 5.1 5.2 5.3 If the Contractor fails to begin the work under contract within the time specified, or fails to perform the work with sufficient workers or equipment or with sufficient materials to insure the prompt completion of the project, or shall neglect or refuse to remove materials or perform anew such work as shall be rejected as defective or unsuitable, or shall discontinue the prosecution of the work. If the Contractor shall become insolvent or declared bankrupt, or commit any act of bankruptcy or insolvency, or allow any final judgment to stand against the Contractor unsatisfied for a period of forty-eight (48) hours, or shall make an assignment for the benefit of creditors. From any other cause whatsoever, shall not carry on the work in an unacceptable manner. Remedies: In addition to the rights and remedies to which the City may be entitled by law for the enforcement of its rights under this contract, City shall have full power and authority, without violating this contract, to take the prosecution of the work from the Contractor, and appropriate or use any or all of the materials and equipment on the ground that may be suitable and acceptable and may cause a contract fbr the completion of this contract according to its terms and provisions, or use such methods as required for the completion of the contract, in any acceptable manner. All costs and charges incurred by the City together with the costs of (;:Dawn\Engineer\ProjectL98-08 Contract w Versatile.wpd completing the work under the contact, shall be deducted from any money due or which shall become due the Contractor. In case the expense so incurred by the City shall be less than the sum which would have been payable under the contract if it had been completed by the Contractor, then the Contractor shall be entitled to receive the difference less any damages for delay to which the City may be entitled. In case such expense shall exceed the sum which would have been payable under the contract, the Contractor and the surety shall be liable and agree to and shall pay the City the amount of the excess with damages for delay of performance, if any. Prevailing Wage Rates: The Contractor shall pay a the equal to one-tenth of one percent (0.1 percent) of the price of this Contract. The fee shall be paid on or before the first progress payment or 60 days from the date work first begins on the Contract, whichever comes first. The t~e is payable to the Bureau of Labor & Industries and shall be mailed or otherwise delivered to the Bureau at the following address: Bureau of Labor and Industries Wage and Hour Division Prevailing Wage Unit 800 N.E. Oregon Street # 32 PORTLAND OR 97232 The Contractor shall fully comply with the provisions of O.R.S. 279.348 through 279.365 pertaining to prevailing wage rates. CONTRACTOR BY: Its: City ninistrator REVIE)3~I~D.~ TO _FORM: BY t't~ 0 ~ City Attor..n~y REVIEWED AS TO CONTENT: DeIIhrtment ~ead Date Coding (for City use only) G: Dawn\Engineer\Proj ect\9 8-0 8 Contract w Versatile.wpd PERFORMANCE BOND Bond No.: SO 39420 KNOW ALL MEN BY THESE PRESENTS: That we, Versatile Concrete Construction, Inc. herein after called Principal, and American Reliable Insurance company a corporation organ- and exiting under the laws of the state of Arizona as Surety, hereinafter called Surety, are held and firmly bound unto city of Ashland hereinafter called obligee, in the amount of one Hundred sixteen Thousand Four Hundred Eighty-Nine and Eighty/100 ....... ($ 116,489.80 ) Dollars, for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators or successors, jointly and severally, firmly by these presents. WHEREAS, Principal has by written agreement dated September 16, 1998 entered into a contract with obligee for: 1998 Miscellaneous Concrete Construction Project No. 98-08 in accordance with drawings and specifications prepared by the Owner. NOW THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Principal shall promptly and faithfully perform said contract, then this obligation shall be null and void; otherwise it shall remain in full force and effect. whenever Principal shall be, and declared by Obligee to be in default under the Contract, the obligee having fully performed obligee's obligations thereunder, the Surety may promptly re- medy the default, or shall promptly: (1) (2) Complete the work under the contract in accordance with the plans and specifica- tions, or; obtain a bid or bids for submission to obligee for completing the work under the contract in accordance with the plans and specifications and upon determination by Obligee and Surety of the lowest responsible bondable bidder arrange for a con- tract between such bidder with corporate surety and obligee, and then pay the Obligee the bidder's price less the balance of the contract price; but not exce- eding, including other costs and damages for which the surety may be liable here- under, the amount set forth in the first paragraph hereof. The term "balance of the contract price" as used in this paragraph, shall mean the total amount payable by 0bligee to Principal under the original contract and any amendments thereto, less the amount properly paid by obligee to Principal. Any suit under this bond must be instituted before the expiration of one (1) year from the date on which final payment under the contract falls due. No right of action shall accrue on this bond to or for the use of any person or corporation other than the obligee named herein or the heirs, executors, administrators, or successors of Obligee, and this instrument may not be transferred or assigned without the written consent of surety. Signed and sealed this September 16, 1998, in the presence of: Versatile concrete construction, Inc. American Reliable Insurance company or lrysta Burgas/Attorney-In-Fact AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA AMERICAN RELIABLE INSURANCE COMPANY Administrative Office: 8655 E. Via de Ventura, Scottsdale, Arizona 85258 GENERAL POWER OF ATTORNEY I'OWEII OF,41701INI;Y 15~1,1D 1F NUMI$L"RIiD IN lIED KNOW ALL MEN BY THESE PRESENTS, That American Bankers Insurance Company of Florida, a corporation duly organized and existing under the laws of the State of Florida, and having its Home Office in Miami, Dude County, Florida and that American Reliable Insurance Company, a corporation duly organized and existing under the laws of the State of Arizona, and having its Home Office in Scottsdale, Maricopa County, Arizona, does by these presents make, constitute and apooint: . :. . ,. ,, .. .,. ... · · ,r... ~.. ..,.. .f:~. ,~-.'. ffI,VI:~I"F. J'11.' .. . .. ............. I of Poffiand and State of Ore~on its true and lawful Attomey-in-FacL with full power and authori~ for and on behalf of the Company as surety, to execute and deliver and affix the seal of the Company thereto, if a seal is required, on bonds, unde~akings, recogniz~ce, consents of SUr~ty, or other written obligmions in the nature thereof, as follows: .. , : ~ , '.,1' ' · ' . ..... ' · I" I' 'l: :::' ": '~ :' ~ ~ I;I. J; :~ ' ] · :. . ...~ .... · , ~ . .. ..... . ; ..... I I . '*n*' i' ~ ' "'"'j.~." ..... :'.'~.' .;'..'u~li" .... '" ............~iJJl,~J'j' · . ..,;':'pjj.l.."li..,J' ..'2. i, i~e ,il ,~1' .:~jllI ' .. ]~, i~jli~:llllJillllgl~;l~l; .· .., '.:lj~,~lHl~l'l,~ii~l~Jll.;'l' .,'.' ,i,',;',' In witness whereo[ American B~kers Insurance Company o[ Florida and American Reliable Insurance Company have caused these presents to be signed by its President of American Reliable Insurance Company and its corporate seal to be hereto affixed this 21st day of August., A.D., 1997. / Sectary. Amerman L~an--l~rs--'Tn"~nce L t~mpany ~1 Florida Secretary, American Reliable insurance Company State of Arizona SS: County of Maricopa On this 21st day of August, in the year AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA AMERICAN RELIABLE INSURANCE COMPANY Bruce Petersen, President of American Reliable Insurance Company 1997 , before me Gwen A. Dick , a notary public, personally appeared Bruce Petersen. personally known to me to be the person who executed the within instrument as President of American Reliable Insurance Company on behalf of the corporation therein namt~d .rid acknowledged to me that the coro~ration executed it..~--. ~ GWEN A. DICK {~le~'~J Nota~ Publk:- State o! Nizona (t~ OTARY. UBLIC ~.~ ~'~-.~,',',',',',',~'~..~lfMARICOPA COUN'IY ~ My Comm. Expires Sept. 22. 1998 I~,ESOLUl'ION OF ~!IE BOARD OF DIRECTORS OF a, MER1CAN BANKERS INSURANCE COMPANY OF FLORIDA AND AMERICAN RELIABLE INSURANCE COMPANY WIIEREAS, it is necessary for the effi:ctual transaction of business that the Company appoint agents and attorneys with power and authority to act for it and in its name in the states and territories of the United States, and additionally American Bankers Insurance Company of Florida in the provinces of the Dominion of Canada.. RESOLVED, that the American Bankers Insurance Company of Florida and American Reliable Insurance Company hereby does authorize and empower the President of American Reliable Insurance Company in conjunction with its Secretary or one of its Designated Signers, under its corporate seal, to appoint any person or persons to act as its true and lawful attorney-in-fact, to execute and deliver any and all contracts, guaranteeing the fidelity of persons holding positions of public or private trust, guaranteeing the performances of contracts other than insurance policies and executing or guaranteeing bonds and undertakings, required or permitted to all actions or proceedings, or by law allowed; and FURTHER RESOLVED, that the signature of any officer authorized by resolutions of the Board and the Company seal may be affixed by facsimile to any power of attorney or special power of attorney or certification of either given for the execution of any bond, undertaking, recognizance or other written obligation in the nature thereof, such signature and seal, when so used being hereby adopted by the Company as the original signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. I certify the above is a true copy of a resolution adopted by unanimous consent by the Board of Directors of AMERICAN BANKERS INSURANCE COMPANY OF FLORIDA and AMERICAN RELIABLE INSURANCE COMPANY, on July 29. 1993. SECRETARY, American Reliable Insurance Company SECRETARY, American Bankers Insurance Company of Florida 1, the undersigned Secretary of American Bankers Insurance Company of Florida, and l, the undersigned Secretary of American Reliable Insurance Company, hereby certify that the above and foregoing is a full, true and correct copy of the Original Power of Attorney issued by said Company, and do hereby further certify that the said Power of Attorney is still in force and effect. And I do hereby thrther certify that the Certificate of this Power of Attorney is signed and sealed by facsimile under and by the authority of the resolution adopted by the Board of Directors of the American Bankers Insurance Company of Florida and the Board of Directors of American Reliable Insurance Company by unanimous consent on the 29th day of July, 1993, and that said resolution has not been amended or repealed. Givea under ~ny hand and the seal of said Company, this 16 TH day of $EPTEMBER , 19 9 8 SEUP. EI'ARY, American Reliable Insurance (Jonlpally SECRETARY, American Bankers insurance Company of Florida