2002-026 Ordinance - Laserfiche WebLink

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2165818650 P.07i14 SECTION XI - COMPETITIVE BIDDING If applicable, upon approval of thc Plan Package Submittal by the Qffice of Project Caordination, the LPA shall advertise the PROJECT for two weeics, competitively bid the PR07ECT, and award the contract in aeeordance with Section 735.05 of the Ohio Revised Code. Zn the event the lowest and best hid is in excess of the afficial eonstruction cost estimate, coneurrence frvm the Program Manager must be secured prior to the award of a construction contract. SECTION XII - CONSTRUCTION BONDS AND INSURANCE OF C4NTRACTOR The LPA shall require that the selected eantractor provide a performance bond and a separate paymcnt bond in the full amount of the LPA' s official construction cost estimate. The LPA and ODOT shall both be named as an obligees on fhe bonds. The LPA shall also requue that the selected contractor have and maintasn a commereial and generalliability insurance pnlicy with miniiniun coverage amounts of $500,000 per occurrence. SECTION MTI - CONSTRUCTION SUPERVISION The work of the construction contractar shall be porfarmed under the generai supervision and direction of the Projeet Engineer who shall provide or provide for inspection activities sufficient to assure the contractor's comptiance with aIl applicable canstruction standards and material specifications required for the PROJECT. The LPA shall certify both the quaatity and quality of material used, the quality of the work performed, and tho amount of construction engineering cost incun-ed by the LPA for the eligible work an the PROJECT. SECTIQN XIV - PAYMENT OF PRQJECT_INVOICES The LPA sliall review/prepare invoices far wor3c performed on the PROJECT and ensure their aGCUracy in both amount and in relation to the progress made on the PROJECT. The LPA may periodically submit to ODUT a written request for either current payment or reimbursernent of the State share of the expenses iavolued, attaching copies af all source documentation associated with pending invoices ar paid costs. ODOT shall pay or reimburse the LPA far the eligibtc itcros of expense in accordance with the cost sbaring provisions of Scction V of this Agreement Each request for payment or reimbursement submitted by the LPA shall conform in aIl respects ta applicable State of Ohio billing requirements and procedures. ODOT shall pay each approved request for payment or reimbursement within thirty calcndaz days after its receipt of a proper invoi ee. Within thirty days after completion of aIl work under this Agreement, the LPA sbaIl submit to ODOT a detailed final request for reimbursement, based on work order accounting covering the actual costs of work performed. Information as to the location of PROJECT reeords showing where accot€nts may be audited shall also he provided. Page 5