1999-04-13 Contract Agreement
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CONTRACT AGREEMENT
PROJECT 99110
THIS AGREEMENT, made and entered into as of the 13th day of
April, 1999, by and between Latour Construction, hereinafter called
the Contractor, and Pilot Land Development Company, hereinafter
called the Owner.
WITNESSETH: That the Contractor and the Owner for the considerations
hereinafter agree as follows:
ARTICLE 1 - SCOPE OF WORK
The Contractor shall furnish all of the material and perform all of
the work shown on the plans and drawings as described in the
specifications entitled, "CEDAR CREEK SOUTH 3RD ADDITION, STREET AND
UTILITY IMPROVEMENT PROJECT", as prepared by Meyer-Rohlin, Inc.,
Engineers and Land Surveyors, 1111 Highway 25 North, Buffalo,
Minnesota, acting as and in these contract documents entitled
"Engineer".
ARTICLE 2 - COMPLETION OF WORK
The Contractor shall complete the work as specified within the
specifications.
ARTICLE 3 - THE CONTRACT SUM
The Owner agrees to pay and the Contractor agrees to receive and
accept payment in accordance with the unit prices bid and based upon
the estimated quantities for the combined estimated sum as set forth
in the accepted Contractors Proposal on file with the Owner, to be
FOUR HUNDRED SIX THOUSAND, SIX HUNDRED FIFTY FOUR DOLLARS AND TEN
CENTS ($406,654.10).
ARTICLE 4 - CONTRACT DOCUMENTS
The Contract Documents shall consist of the following component
parts:
1) The Accepted Proposal 2)
3) Contract Agreement 4)
5) Supplemental Conditions 6)
7) Excavation and Embankment
8) Lawns and Grasses
9) Plan sheets - 99110
Instructions to Bidders
General Conditions
Special Provisions
This Instrument, together with the documents above mentioned, form
the Contract, and they are as fully a part of the Contract as if
hereto attached or herein repeated.
ARTICLE 5 - PAYMENTS
The Contractor shall submit monthly requests for payment to the
Engineer, as per specifications, including lien wai versrequesting
payment for all materials, and labor expended for the payment
period. The Owner will retain five (5%) percent of the amount of the
payment until full completion of the Contract.
IN . WITNESS WHEREOF, the
instrument to be executed as
written.
parties
of the
hereto have
day and year
caused this
first above
LATOUR CONSTRUCTION
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