This contract is for the improvement of streets within the City of Vancouver, including pavement repairs, planing of roadways, paving of existing roads, minor utility adjustments, and temporary striping and other work. The contract has a duration of 30 working days and a total value of $688,687.00 USD. The contractor, Lakeside Industries, Inc., is required to provide all necessary materials, labor, tools, machinery, and implements to complete the work in a professional manner. The contract also includes provisions for insurance, bonding, and indemnification.
• The contract includes a statement of work that outlines the scope of the project.
• The contract requires the contractor to provide a Certificate of Liability Insurance.
• The contract includes provisions for payment, including progress payments and a retainage of 5%.
• The contract requires the contractor to comply with all relevant federal, state, and municipal laws, rules, and regulations.
• The contract includes a dispute resolution process, which includes mediation and litigation.
• The contract requires the contractor to indemnify the City of Vancouver against any claims, demands, or causes of action arising out of the performance of the contract.