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STANDARDFORMS BIDSECURITY
LETTEROFACCEPTANCE
AGREEMENT
PERFORMANCESECURITY
ADVANCEPAYMENTSECURITY
RETENTIONMONEYGUARANTEE
To: EXAConstructionsandConsultation(PVT)Ltd PedestrianBridgeConstructionproject======pethatapissu SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. September17,2013 FORMOFBIDSECURITY WHEREAS,FLINSTONEConsultant(PVT)Ltd(hereinaftercalledandreferredtoasthethe Bidder)hassubmitteditsBidDated.fortheDesignandConstructionandremedyingof defectsofPedestrianBridgeConstructionproject(hereinaftercalledandreferredtoastheBid).
KNOWALLPEOPLEbythesepresentsthatweFLINSTONE(PVT)Ltdhavingourregistered officeatNo.57/44,Thimbirigasyaya,Hendala/Wattala(hereinaftercalledandreferredtoasthe Guarantor)areboundontoEXAConstructionsandConsultation(PVT)Ltdinthesumof SrilankanRupeesfivehundredonly(500)forwhichpaymentwellandtrulytobemadetothe saidEmployer,theGuarantorbindsitself,itssuccessors,andassigneesbythesepresents. SEALEDwiththecommonSealofthesaidGuarantorthis..dayof200 THECONDITIONSofthisobligationare: 1. IftheBidderwithdrawsitsBidduringtheperiodofbidvalidityspecifiedinthebidding documentsor 2. IftheBidderrefusestoacceptthecorrectionoferrorinitsBidor
3. IftheBidder,havingbeennotifiedoftheacceptanceofitsBidbytheEmployer,during theperiodofbidvalidity,failsorrefusesto:
(a)
ExecutetheFormofcontractagreementor
(b)FurnishthePerformanceSecurity,inaccordancewiththeInstructiontoBidders. WeundertaketopaytheEmployeruptotheaboveamountuponreceiptofitsfirstwritten demand,withouttheEmployerhavingtosubstantiateitsdemand,providedthatinitsdemandthe Employerwillnotethattheamountclaimedbyitisduetoit,owingtotheoccurrenceofoneor moreoftheaboveconditions,specifyingtheoccurredconditionorconditions. ThisGuaranteewillremaininforceuptoandincludingtwentyeight(28)daysaftertheperiodof bidvalidity,andanydemandinrespectthereofshouldbereceivedbyusnolaterthantheabove date. DATESIGNATUREOFTHEGUARANTOR WITNESS.. .. (SIGNATURE,NAME,ANDADDRESS)
AGREEMENT
OWNER: CITYOFMUSKOGEE P.O.Box1927 Muskogee,Ok.74402 [InsertProjectName]
PROJECT:
NUMBER:
[InsertProjectNumber]
CONTRACTOR:[Contractor'sName] [Address]
[City,State]
THIS AGREEMENT is dated as of the [day] day of [Month], [Year] by and between theOWNER andCONTRACTOReachaboveidentifiedandcollectivelyreferredtoastheParties. WITNESSETH: That for and in consideration of the payments, covenants and agreements statedherein,thePartiesagreeasfollows: Article1.WORK. CONTRACTOR shall complete all work as specified or indicated in the Contract Documents. TheWorkisgenerallydescribedasfollows: Article2.CONTRACTTIME. 2.1 The Work shall be substantially completed within [days]consecutivecalendardaysafterthe date when the Contract Time commences to run as provided in paragraph 2.5 of the General Conditions, and completed and ready for final payment in accordancewith paragraph 14.13 of the General Conditions within[days]consecutivecalendardaysafterthedatewhentheContract Timecommencestorun. 2.2LiquidatedDamages.OWNERandCONTRACTORrecognizethattimeisoftheessenceof thisAgreementandthattheOWNERwillsufferfinanciallossiftheWorkisnotsubstantially completewithinthetimespecifiedinparagraph2.1above,plusanyextensionsthereofallowedin accordancewithArticle12oftheGeneralConditions.Theyalsorecognizethedelays,expense anddifficultiesinvolvedwithalegalorarbitrationproceedingtheactuallosssufferedbythe OWNERiftheWorkisnotsubstantiallycompleteontime.Accordingly,insteadofrequiringany suchproof,OWNERandCONTRACTORagreethatasliquidateddamagesfordelay(butnotas apenalty)CONTRACTORshallpayOWNER$250.00foreachcalendardaythatexpiresafter thetimespecifiedinparagraph2.1forsubstantialcompletionuntiltheWorkissubstantially complete. Article3.CONTRACTPRICE. 3.1 OWNER shall pay CONTRACTOR for performance of the Work in accordance with the Contract Documentsin current fundsas follows: [EnterDollarAmount(Writing)Dollars($0.00 ).
Article4.PAYMENTPROCEDURES.
CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the General Conditions. The CITY ENGINEER as provided in the General Conditions will process applicationsforpayment. 4.1 PROGRESS PAYMENTS: OWNER will make progress payments on the basis of the CONTRACTOR'S Applications for Payment as recommended by the CITY ENGINEER, on or about the firstday of each monthduringconstructionasprovidedbelow. Allprogresspayments will be onthebasisoftheprogressoftheWorkmeasuredbythe scheduleofvaluesprovidedfor inparagraph14.1oftheGeneralConditions. 4.1.1 Prior to 50 percent of Substantial Completion, progress payments will be in an amount equal to 90 percent of the Work completed, and 90 percent of materials and equipment not incorporated in the Work but delivered and suitably stored, less in each case the aggregate of payments previouslymade. The project retainage may be reduced to 5 percent of thecontract amountoncetheprojecthasreached50percentofSubstantialCompletion. 4.1.2 Upon Substantial Completion, OWNER will pay an amount sufficient to increase total payments to CONTRACTOR to 100% of the Contract Price, less such amounts as the CITY ENGINEER shall determine in accordance with paragraph 14.7 of the General Conditions and less such amounts as theCITYENGINEERshalldetermineforcompletionofpunchlistitems,if any. 4.2 Final Payment. Upon final completion and acceptance of the Work in accordance with paragraph 14.13oftheGeneralConditions,OWNERwillpaytheremainderoftheContractPrice asrecommendedbytheCITYENGINEERasprovidedinsaidparagraph14.13. Article5.INTEREST. All moneys not paid when due hereundershall bear interestatthemaximumrateallowedbylaw attheplaceoftheProject. Article6.CONTRACTOR'SREPRESENTATIONS. In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following representations. 6.1 CONTRACTOR has familiarized himself with the nature and extent of the Contract Documents, Work locality, and with all local conditions and federal, state and local laws, ordinances, rules and regulations that in any manner may affect cost, progressorperformance oftheWork. 6.2 CONTRACTOR has studied carefully all reports of investigations and tests of subsurface and latent physical conditions at the siteorotherwiseaffectingcost,progressorperformanceof
the Work which were relied upon by the ENGINEER in the preparation of the Drawings and SpecificationsandwhichhavebeenidentifiedintheContractDocuments.
6.3 CONTRACTOR hasmadeorcausedtobemadeexaminations,investigationsandtestsand studies of such reports and related data in addition to those referred to in paragraph 6.2 as he deems necessary for the performance of the Work at the Contract Price, within the Contract Time and in accordancewiththeothertermsandconditionsoftheContractDocumentsandno additional examinations, investigations, tests, reports or similar data are or will be required by CONTRACTORforsuchpurposes. 6.4 CONTRACTOR has correlated the results of all such observations, examinations, investigations,tests,reportsanddatawiththetermsandconditionsoftheContractDocuments. 6.5 CONTRACTOR has given the CITY ENGINEER written notice of all conflicts, errors or discrepancies that he has discovered in the Contract Documents and the written resolution thereofbytheCITYENGINEERisacceptabletoCONTRACTOR. Article7.CONTRACTDOCUMENTS. The Contract Documents, which comprise the entire agreement between OWNER and CONTRACTOR, are attached to this Agreement, made a part hereof and consist of the following: 7.1ThisAgreement(pagesAGR1toAGR4,inclusive). 7.2ExhibitstothisAgreement. 7.3Performance,MaintenanceandPaymentBonds. 7.4NoticeofAwardandNoticetoProceed. 7.5GeneralConditions(pages1to25,inclusive). 7.6SupplementaryConditionsSC1toSC2 7.7Specificationsbearingthetitle[ProjectName]andconsistingofdivisionsand pagesaslistedintableofcontentsthereof. 7.8 Drawings, consistingof sheetsnumbered1through ,inclusive,bearing thetitle[InsertTitle]oraselsewheredescribedintheContractDocuments. 7.9Addendanumbersto,inclusive.
7.10CONTRACTORSBid(pagesBF1toBF,inclusive.) 7.11 Any Written Amendment or Work Directive Change, including Change Orders,dulydeliveredafterexecutionofAgreement. There are no Contract Documents other than those listed above in this Article 7. The Contract Documents may only be altered, amended or repealed by a Written Amendment or Work DirectiveChange(asdefinedinArticle1oftheGeneralConditions). Article8.MISCELLANEOUS.
8.1 Terms used in this Agreement, which are defined inArticle1oftheGeneralConditionsshall havethemeaningsindicatedintheGeneralConditions. 8.2 No assignment bya party hereto of any rights under orinterestsintheContractDocuments will be binding on another party hereto without the written consent of the party sought to be boundandspecificallybutwithoutlimitation,moneysthatmaybecomedueandmoneysthatare 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 anassignmentnoassignmentwillreleaseordischargetheassignorfromanydutyor responsibilityundertheContractDocuments. 8.3 OWNER and CONTRACTOR each binds himself, his partners, successors, assigns and legal representatives to the other party hereto, his partners, successors, assigns and legal representatives to the other party hereto, his partners, successors, assigns and legal representatives to the other party hereto, his partners, successors, assigns and legal representatives in respect to all covenants, agreements, and obligations contained in the ContractDocuments. IN WITNESS WHEREOF, the parties heretohave signed this Agreementinfive(5)counterparts each of which shall be deemed an original on the date first above written. All portions of the ContractDocumentshavebeensignedoridentifiedbyOWNERandCONTRACTOR. OWNER:CITYOFMUSKOGEE By______________________ (Mayor) Title: CONTRACTOR: ____________________________ By:
(SEAL)
(SEAL)
ATTEST:______________________ (CityClerk)
ATTEST:________________________ Secretary
Addressforgivingnotices: CONTRACTOR:
ThisAgreementmadetheofSeptember2013,betweenEXAConstructionsandConsultation (PVT)Ltd,SriLankaInstituteofInformationTechnology(SLIIT),NewKandyRoad,Malabe (hereinaftercalledandreferredtoastheemployer),oftheonepart,andFLINSTONE Consultant(PVT)Ltd,No.57/44,Thimbirigasyaya,Hendala/Wattala(hereinaftercalledand referredtoastheContractor)oftheotherpart: WhereastheEmployerdesiresthattheContractorexecutePedestrianBridgeConstructionProject (hereinaftercalledtoastheWorks)andtheEmployerhasacceptedtheBidbytheContractorfor theexecutionandcompletionofsuchWorksandremedyingofanydefectstherein. TheEmployerandtheContractoragreeasfollows: 1.Inthisagreementwordsandexpressionsshallhavethesamemeaningsasarerespectivelyassigned tothemintheContracthereinafterreferredto. 2.InconsiderationofthepaymentstobemadebytheEmployertotheContractorasindicatedinthis Agreement,theContractorherebycovenantswiththeEmployertoexecuteandcompletetheWorks andremedyanydefectsthereininconformityinallrespectswiththeprovisionsoftheContract. 3.TheEmployerherebycovenantstopaytheContractorinconsiderationoftheexecuteandcomplete theWorksandremedyanydefectstherein,theContractpriceorsuchothersumasmaybecome payableundertheprovisionsofthecontractatthetimesandinthemannerprescribedbytheContract. InWitnesswhereofthepartiesheretohavecausedthisAgreementtobeexecutedthedayandyear aforementionedinaccordancewithlawsinSriLanka. .. AuthorizedsignatureoftheContractorAuthorizedsignatureoftheEmployer COMMONSEAL COMMONSEAL
FORMOFPERFORMANCESECURITY (Unconditional) NUMBER:ContractNo.2013/G34/002DATE:September2013 SUMGUARANTEED:RUPEESFIVEHUNDREDONLY(500) To: EXAConstructionsandConsultation(PVT)Ltd PedestrianBridgeConstructionproject SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. September17,2013
WHEREAS,FLINTSTONEConsultant(PVT)Ltd,No.57/44,Thimbirigasyaya,
Hendala/Wattala(hereinaftercalledandreferredtoastheContractorhasundertakeninpursuanceof ContractNo.2013/G34/002DatedtoexecutepedestrianBridgeconstructionProject (hereinaftercalledandreferredtoastheContract) ANDWHEREASithasbeenstipulatedbytheEmployerinthesaidContractthattheContractorshall furnishtheEmployerwithaGuaranteeissuedbyarecognizedorganizationforthesumspecifiedtherein assecurityforcompliancewithitsobligationsinaccordancewiththeContract ANDWHEREASwehaveagreedtogivethecontractorsuchaGuarantee NOWTHEREFOREweherebyaffirmthatwearetheGuarantorandresponsibletoyou,onbehalfof theContractor,uptoatotalofRupeesFiveHundred(500),suchsumbeingpayableinthetypeand proportionsofcurrenciesinwhichtheContractpriceispayable,andweundertaketopaytheEmployer ,upontheEmployersfirstwrittendemandandwithoutcavialorobjection,anysumswithinthesaid amountasaforesaidwithouttheEmployersneedingtoproveortoshowgroundsorreasonsforthe Employersdemandforthespecifiedsumtherein.
Date:.. Witness:.
Witness:
FORMOFRETENTIONMONEYGUARANTEE NUMBER:ContractNo.2013/G34/002 DATE:September2013 SUMGUARANTEED:RUPEESTWOHUNDREDANDFIFTY(250) 5%*5000 To: EXAConstructionsandConsultation(PVT)Ltd PedestrianBridgeConstructionproject SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. September17,2013 Whereas,ithasbeenstipulatedbytheEmployerintheConditionsoftheContractsetoutintheRequest forProposalthathewouldreleasetotheContractorthefullsummentionedunderthecontract,onthe contractorfurnishinganunconditionalguaranteeacceptabletotheEmployertothefullvalueofthe
FORMOFBIDAND QUALIFICATIONINFORMATION
FORMOFBID NameofContract:PedestrianBridgeConstructionproject
To: EXAConstructionsandConsultation(PVT)Ltd PedestrianBridgeConstructionproject SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. Gentleman, 1. HavingexaminedtheConditionsoftheContractgivenintheRequestForproposal,wethe undersigned,offertoexecuteandcompletesuchWorksandremedyanydefectthereininconformity withaforesaidConditionsoftheContract,Schedule,Specifications,Drawings,Billsofquantitiesforthe sumofSriLankanrupeesFiveThousand(SLRs.5000)orsuchothersumsasmaybeascertainedin accordancewiththesaidConditions. 2. WeacknowledgethatthescheduleformspartofourBid.
Valueof EligibilityRequirement ConstructionWorks performedduring lastfiveyears Year.. Year... Year.. Year.. Year.
SignatureoftheBidder:..
SCHEDULE
1.Employeris:
Name:EXAConstructionsandConsultation(PVT)Ltd
Address:SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. 2.Engineeris: Name:. Address: 3.SummaryofWorks:TheWorkconsistof: Locatedat:SriLankaInstituteofInformationTechnology(SLIIT), NewKandyRoad, Malabe. ContractName:PedestrianBridgeConstructionproject ContractNumber:2013/G34/003 4.IntendedCompletiondate:IntendedCompletionDateis.DaysfromthestartDate.
5.SourceofFunds:ContractpriceFivethousandRupeesonly 6.Eligibility:Therequirementsare:mentionedintheREQUESTFORPROPOSALS 7.PriceAdjustment:Thecontractisnotsubjecttoanypriceadjustments,thecontractpriceisfixedat RupeesFiveThousandonly. 8.PerformanceSecurity:Amountofperformancesecurityrequiredis10%oftheInitialContractprice. 9.LateCompletion:Theamounttobepaidis0.05%ofInitialContactpriceperday,subjectedto maximumof10%ofInitialContractprice. 10.Notificationofdefects:TheperiodforDefectnotificationis.daysfromtakeover. 11.Retention:Theamountofretentionis10%ofInitialContactprice. Themaximumamountofretentionis5%ofInitialContractprice. 12.Employerspaymentguarantee:OnproductionofthePerformanceSecuritybytheContractor,the employershallobtainapaymentguaranteefromaBank,uptoa10%InitialContractprice.The Employershalldeliverthisguaranteewithin28daysofsigningtheContractagreement. Intheevent,theEngineerhascertifiedthebilloftheContractorandthepaymentisnotpaidwithinthe stipulatedperiodoftime,theContractorshallrequesttheEmployertoissueacertificatetothebank, wherethepaymentguaranteehasbeenissued,topay75%ofthecertifiedbill,afterdeductingalldues totheEmployer. TheguaranteeshallbereturnedtotheEmployerattheearliestofthefollowingdates: (a) Whenthefinalpaymentismadetothecontractor (b)Whentheobligationsundertheguaranteehavebeenexpiredordischargedor (c) Whenthecontractorhasperformedallobligationsunderthecontract. 13.Insuarance,thirdparty:MinimumamountofthirdpartinsuaranceisRupees..