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Docusign Envelope ID:8B BOO DOO-980 E-8755-832 E-AE720D59F61 F <br /> OWNER-CONTRACTOR AGREEMENT <br /> Municipal Bldg#3 Elevator Modernization, #2026-021 <br /> STATE OF TEXAS <br /> COUNTY OF HAYS <br /> This Agreement (this "Agreement") is entered into by and between The City of San <br /> Marcos, a municipality in the State of Texas ("Owner"), and Fortress Elevator, LLC, 2250 Dickinson <br /> Ave., #D, Dickinson, TX 77539, ("Contractor"), and is effective for all purposes as of the date of the <br /> last signature to this Agreement("Effective Date"). <br /> Section 1. The Contractor agrees to commence, carry out, and complete all work for the <br /> construction of the Project for the Contract Amount of one hundred twenty four thousand, nine <br /> hundred eighteen dollars and 40/100s ($124,918.40) and within the Contract Time, in accordance with <br /> the Contract Documents. <br /> Section 2. The Owner agrees to pay the Contractor for the satisfactory performance of the Contract <br /> in accordance with the amount agreed to herein for all Work in accordance with the Bidding and Contract <br /> Documents, Project Manual, Drawings, and Addenda, which are incorporated herein by reference and <br /> described in Article 2 of the General Conditions which constitute the Contract between the Owner and the <br /> Contractor. Any unit prices contained in the Bid Form will apply to this Contract in case of subsequent <br /> quantity adjustments for work items. <br /> Section 3. The Contractor agrees to commence work by the project start date set in the Notice to <br /> Proceed, to finally complete and achieve final acceptance of the Project within the number of days <br /> specified in the Project Schedule on PS-1 which is incorporated by reference into this Owner-Contractor <br /> Agreement, subject to extensions of time as provided in the Contract Documents. Time is of the essence <br /> of this Agreement, and the Contractor acknowledges that the Owner will be damaged if the Contractor <br /> fails to complete the Project on time and in accordance with the Contract Documents. The Contractor <br /> agrees to ensure that workers' compensation insurance coverage will be provided for all persons employed <br /> on the Project. <br /> Section 4. The Contractor makes the following representations in order to enter into this <br /> Agreement with the Owner: <br /> a) The Contractor has examined, read, and understands the Contract Documents; <br /> b) The Contractor is familiar with the Project area and site, and all local, state, and federal laws and <br /> regulations that in any manner may affect cost, progress, or performance of the work; <br /> c) The Contractor has made and studied the results of examinations, investigations, and tests of <br /> subsurface and latent physical conditions which may affect the cost, progress, or performance of <br /> the work that the Contractor considers necessary to assure construction of the Project at the <br /> contract price within the contract time and in accordance with the Contract Documents, and no <br /> additional examinations, investigations,tests,reports, or other similar information will be required <br /> by the bidder for these purposes; <br /> d) The Contractor has reviewed all information in the Contract Documents with respect to existing <br /> underground facilities at or near the Project site, and the Contractor assumes responsibility for the <br /> exact nature and location of these underground facilities; and no additional examinations, <br /> investigations, tests, reports, or similar information will be required by the Contractor in order to <br /> construct the Project at the contract price within the contract time and in accordance with the <br /> Contract Documents, including Section 3.04 of the General Conditions; <br /> Rev 08.17.2022 OC-1 <br />