O-2002-2590 - Laserfiche WebLink

Browse Search

e e K:\Iaportefairmontsignals County within sixty (60) days of such notification, its check made payable to Harris County in an amount equal to one-half of the estimated Project Costs. 5. In the event the estimated Project Costs are greater than the sum of $401,000, County shall have the following options: a. County may elect to attempt to pay the additional cost of constructing the Project. In such case, the County shall notify the City. The City shall transmit to the County within sixty (60) days of such notification, its check made payable to Harris County in an amount equal to $200,500. b, County may reject all bids and elect not to proceed with the letting of the contract and terminate this agreement as provided below. c. County may reject all bids and re-advertise for bids for construction of the Project in accordance with the approved drawings and specifications in the same manner as before and under the same conditions. d. Attempt to negotiate an amendment to this Agreement to provide for payment of the additional costs, and if such an amendment is obtained, proceed under its terms. If the parties fail to agree to an amendment to this Agreement, then and in that event the County may proceed under one of the other three options. 6. Within thirty (30) days after the receipt of funds from the City pursuant to Section 4 or 5 above, the County shall award the contract to the responsible bidder who submits the lowest and best bid, in accordance with the usual and customary procedures of the County, subject to certification of the availability of funds for the Project by the County Auditor. It is expressly agreed and understood that the County reserves the right to reject all bids. In such event, the County, in its discretion, may either re-advertise for bids pursuant to the same understanding with regard to rejection of bids or terminate this agreement as hereinafter provided. The County's determination of the responsible bidder who submits the lowest and best bid for the Project shall be final and conclusive. 7. The County shall be responsible for administering the construction contract. During the construction of the Project, the City shall have the right of access to the construction site and shall have the right to review all documents, maps, plats, records, photographs, reports or drawings affecting said construction, provided, however, each shall give notice by telephone to the Harris County Engineer prior to any inspection of either the site or documents and provided further that in conducting said inspections, City shall not interfere with the work in progress. City shall be authorized to send representatives to and participate in the bi-weekly job-site meetings. 8. Payments by the City to County hereunder shall not be used by the County for any purpose other than paying for the Project. 9. The County shall cause the funds paid by the City to County hereunder that are not needed to meet obligations due or contemplated to be due within sixty (60) days, to be invested in the same