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<br />EJCDC <br />STANDARD FORM OF AGREEMENT <br />BETWEEN OWNER AND CONTRACTOR <br />ON THE BASIS OF A STIPULATED PRICE <br />CONTRACT NO: C0708-044 <br /> <br />THIS AGREEMENT is dated as of the Olil ~ day of F'ebr~ in the year 2008 by and <br />between CITY OF SUNNY ISLES BEACH (hereinafter called WNER) and Southeastern <br />Engineering Contractors, Inc, (hereinafter called CONTRACTOR), <br /> <br /> <br />OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, <br />agree as follows: <br /> <br />Article 1. WORK. <br /> <br />CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. <br />The Work is generally described as follows: <br /> <br />Drainage and Street Improvements in the Central Island Neighborhood, limited by the NE 183rd <br />and 174th Streets along the north and south respectively and Collis A venue (AlA) and the <br />Dumfoundling waterway along the east and west sides respectively. The work includes asphalt <br />milling and resurfacing, street widening, bicycle paths, drainage structures and associated <br />drainage piping and the construction of 26 drainage (deep) wells, in addition to signing, marking <br />and miscellaneous concrete work, sidewalks, curb and gutter and valley gutters. <br /> <br />Article 2. ENGINEER. <br /> <br />The Project has been designed by: Beiswenger, Hoch and Associates Inc <br />510 Shotgun Road Suite 400 <br />Sunrise, Fl. 33326 <br /> <br />who is hereinafter called ENGINEER and who is to act as OWNER'S representative, assume <br />all duties and responsibilities and have the rights and authority assigned to ENGINEER in the <br />Contract Documents in connection with completion of the Work in accordance with the Contract <br />Documents. <br /> <br />Article 3. CONTRACT TIMES, <br /> <br />3.1. The Central Island Street and Drainage Improvements project will be substantially <br />completed within 365 calendar days after the date when the Contract Times commence to run as <br />provided in paragraph 2.03 of the General Conditions, and completed and ready for final <br />payment in accordance with Paragraph 14.07 of the General Conditions within 395 calendar <br />days after the original date when the Contract Times commence to run. <br /> <br />3.2. LIQUIDATED DAMAGES. OWNER and CONTRACTOR recognize that time is of the <br />essence of this Agreement and that OWNER will suffer financial loss if the Work is not <br />completed within the times specified in paragraph 3.1 above, plus any extensions thereof allowed <br />in accordance with Article 12 of the General Conditions. They also recognize the delays, <br /> <br />Southeastern Engineering Contractors, Inc. <br /> <br />-1- <br />