Res 1989-035 - Laserfiche WebLink

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from the Project Site and for the removal and disposal of surface and subsurface contaminants from the Project Site and affected adjacent property (the "Plan") and implementation of the Plan in accordance with this Agreement (together referred to as the "Work"), as described in that certain report submitted to the Owner entitled "Preliminary Site Investigations - 630 East Hopkins Street" dated April 10, 1989 (the "Report") the terms and conditions of which are fully incorporated into this Agreement, as presented to the Owner by the Contractor and the Primary Subcontractor. 2. Schedule of Work. The Contractor shall perform the Work in accordance with the Schedule attached to the Report as Table 6. It is understood and agreed that the Table 6 schedule of Work is preliminary as of the date hereof, and as Contractor completes investigation, testing and site evaluation, Contractor will, from time to time, provide Owner with more definitive scheduling for the Work to be performed pursuant to this Agreement, which schedules may be adjusted from time to time as determined necessary and reasonable by mutual agreement of the parties hereto. 3. Material and Workmanship. All Work pursuant to this Agreement shall be performed in a good and workmanlike manner. All equipment and material incorporated in the Work covered by this Agreement shall be as from time to time specified in writing by the Owner, and if not so specified by the Owner, shall be new and of the most suitable grade for the purposes intended in the judgment of the Contractor. 4. Compensation. As compensation for the Work to be performed pursuant to this Agreement, including the preliminary inspection, testing and evaluation provided in the Report, Owner agrees to pay Contractor on a time and materials basis in accordance with the Schedule of Costs attached to this Agreement as Exhibit A. Contractor's minimum, median and maximum estimates of the aggregate cost to Owner of performing the Work is set forth on Table 7 to the Report. Contractor shall, from time to time, provide Owner with more definitive projections of aggregate costs as portions of the Work are completed. Upon execution of this Agreement, Owner is approving the sum of $100,000 for Work completed by Contractor as of the date hereof as described in Contractor's invoice submitted herewith and for initial phases of the Work to be performed by Contractor in accordance with the supplement to Exhibit A. Upon approval by Owner's City Council of itemized cost projections submitted by Contractor from time to time for subsequent phases of the Work, Contractor will be authorized and directed to proceed to perform all phases of Work described - 2 -