The contract is for the improvement of the Robin Hood and Wheelock Pool Facility, including outdoor pool work and locker room building upgrades. The contract was awarded to Project Resource Group, LLC, with a total contract price of $138,015.00. The contract includes a payment bond and a performance bond, and the work is to be completed within 120 calendar days from the date specified in the notice to proceed. The key aspects of the contract include the scope of work, the payment terms, and the bonds. The scope of work includes the renovation of the pool facility, and the payment terms include a lump sum bid proposal of $85,898. The bonds include a payment bond and a performance bond, both with a penal sum of $138,015.00.
• The contract includes a payment bond to ensure that the contractor pays all persons, firms, and corporations who furnish labor or materials for the construction of the project.
• The contract includes a performance bond to ensure that the contractor completes the project in accordance with the contract documents.
• The contract includes a change order provision, which allows for changes to the contract price and scope of work.
• The contract includes a provision for liquidated damages, which will be assessed if the contractor fails to complete the project on time.
• The contract includes a provision for the contractor to indemnify and hold harmless the city and its officers, employees, and agents from any claims, damages, or expenses arising from the performance of the contract.