DB CONSTRUCTION SERVICES CONTRACT FOR HB & TALBERT CHANNEL

This contract is for the design and construction of the Huntington Beach Channel and Talbert Channel Sheet Pile Repair Project. The contract has a guaranteed maximum price of $62,684,712 and a contract time of 740 calendar days. The contract includes provisions for changes, delays, and disputes, and requires the D-BE to perform at least 51% of the work with its own organization. The contract also includes a contingency fund of $1,387,000 for the D-BE and $4,878,288 for the Owner. Some key points about this contract include: • The contract is for a construction project in California, specifically in Orange County. • The project involves the repair of a channel, which may require specialized labor and equipment. • The contract has a significant contingency fund, which suggests that the project may be complex or high-risk. • The contract requires the D-BE to perform a significant portion of the work with its own organization, which may indicate that the Owner is looking for a high level of quality and control. • The contract includes provisions for changes, delays, and disputes, which suggests that the Owner is aware of the potential risks and uncertainties associated with the project. Overall, this contract appears to be a complex and high-value construction project that requires specialized labor and equipment. The contract's provisions and requirements suggest that the Owner is looking for a high level of quality and control, and is aware of the potential risks and uncertainties associated with the project.