O-2002-2587 - Laserfiche WebLink

Browse Search

Program Delivery Activity: The Project will partially fund the construction and installation of a 165 ft. pedestrian bridge over the Little Cedar Bayou in the City of La Porte, Texas. General Administration Within 30 days after the date this Agreement is executed by both parties the Subrecipient through its representative will prepare drawings and specifications for the Project (in accordance with the usual requirements of the Subrecipient). Upon completion of said drawings and specifications, the Subrecipient will submit the same to the Grantee for the Grantee's written approval. Within 15 days after approval by Grantee of the drawings and specifications as set out above, the Subrecipient will advertise for and receive bids for the construction of the Project in accordance with approved drawings and specifications which bidding procedure will be in accordance with attached Exhibit A guidelines. Upon receipt and tabulation of the bids for the Project, Subrecipient will determine the lowest and best bid for the construction of the Project with the Grantee approving award of the bid. In the event the lowest and best bid for the construction of the Project is an amount that would result in the cost of the Project being equal to or less than the sum of $163,000.00, Subrecipient will notify Grantee of the amount of the lowest and best bid for the Project. The Contract between Subrecipient and its contractor shall be in accordance with the Guidelines attached hereto as Exhibit A and with all applicable CDBG regulations and OMB circulars, which are itemized at 24 CFR Part 85. In the event the lowest and best bid for the construction of the Project is an amount in excess of the sum of$120,000.00, Subrecipient shall have the following four (4) options: 1. Subrecipient may notify Grantee of the bid and request Grantee to agree in writing to use those CDBG funds designated as contingency in Exhibit B attached hereto, to fund the construction costs to meet the lowest and best bid received by the Subrecipient. If the Grantee approves the use of contingency funds to meet the lowest and best bid, then the Subrecipient, upon receipt of such notification, shall proceed to let the contract, incorporating all required provisions, and continue with construction of the Project; or 2. Subrecipient may notify Grantee of the bid and agree in writing to pay the additional cost of the Project. In the event the Subrecipient agrees in writing to pay the additional costs, then and in that event the Subrecipient. will proceed to let the contract and continue with the construction of the Project. If the Subrecipient fails to agree in writing to pay said additional costs and Grantee fails to use contingency funds, then in that event, the Subrecipient may reject all bids and elect not to proceed 2