This contract is for professional engineering services related to the design and installation of the Verde Santa Fe Supply Well. The scope of work includes tasks such as well permitting, technical specifications, lithologic logging, geophysical logging, construction observation, and well testing. The contract has a estimated cost of $120,000 and is expected to be completed by Clear Creek Associates, LLC. The City of Cottonwood is the contracting agency, and the contract is governed by the laws of the State of Arizona.
Key aspects of this contract include:
• The scope of work, which outlines the specific tasks and deliverables expected from the contractor
• The payment terms, which include a maximum amount of $120,000
• The insurance requirements, which include liability insurance and workers' compensation insurance
• The termination clause, which allows for termination by either party with written notice
• The dispute resolution process, which includes arbitration and litigation