1957 566 Ordinance - Laserfiche WebLink

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(g) P~lYi'~~~I~TS : In mai~ing payments under this contract, quantities will be estimated from the actual measurements of the Engineer. Tt is agreed and understood that the quantities shown on the bid blank are approxiii?a.te only arld are used primarily to compare unit prices submitted by all bidders and. that such quantities as shown on bid blank may be increased or decreased as the principal under tizis contract r•~ay elect. IJo labor or n~.aterial furnished outside of the provisions of this agree- ment shall be paid for unless the same has been done upon vuritten order of the Engineer. On or before the first vreelc of each ?nonth the Contractor shall furnish the .engineer v~~ith a statement of the approximate estimate of the vrorlc vrhich has been done in conferri?ity vrith these specifications. i~'lhen the engineer has cYleclced_ this estimate a,r_d. d.eterminee~ the total amount of tiaorlc performed, this ar:iount, less ten percent (10~) shall be due the Contractor after deducting; all previous ectir^~a.tes. Payment for partly corupl.eted. v~orlc, and for r~iaterial delivered: to the site and not installed in the vrolYt, vrill be paid for• at a price which, in the judge?nent of the Engineer, rpresents the cost to the Contractor for such wo rk. Ten days after the final measurements have been made and af_~ter acceptance by the ~~~n~;ineer and the City of Cleveland-, Division of ':later and Heat, the Engineer shall submit the final estimate in full for all vrorlc performed; fro?u which esti?nats, ho`.~evcr, there shall be deducted 5;~ of the entire amount vrhich shall be retai.~.z~d for a period of 4 months. At the expiration of the 4 ,nonth period, the Contractor shall refill any depressions or remove ar_y ~:urplus from the street ~~r~cl clean and repair any pat t of the work under. this contract. ?Jpon the con?pletion of such work to the satisfaction of 'the Engineer, 3 of 'the total contract amount shall be paid to the Contractor, The remaining tyro percent (2`~) clue the Contractor sha.a.1 b ~ retair~d fox' an adc~.itional period of twenty (20) months; as a guarantee upon the part of the Contractor that the work vrill rem.~~.in in gocd sound condition. If any o ~.' the ?~~rorl: done u.rder this contract shall, in the opinion of the ngineer, require repairs, replacements, cr backfillings, the Contractor agrees to furnish all materials and d.o all such ~rrork at his own expense. Should the Contractor fail to do so v,~thin a reasonable time after notification, the .iJnginaer shall Y;ave such work done and the cost of same paid out of the above t~~ro percent (2°'~) guarantee fund. Should the cost exceed this sum the Contractor agrees to pay the amount of the excess. (h) STr:TE IidDUSTii.1~=~ L C0 '.t~ItiS1~TI0t~T: The Contractor shall. at all times during the term of tYii s agree~rent subscribe ~to and comply vrith the vrorlcrren ~ s compensation la~,vs of the State o.f Ohio and pay such premiums as may be required thereunder and to save the principal under this contract harm7.ess from any' a.nd all liabi]_ity arising; from or under said act. 1-Ie sha1.1 a7_so furnish at the time of delivery of this con- tract and at such other times as may be .requested, a copy of the official certificate or receipt shoti~ring the payments Yzereinbefore referred to. -16-