1973-09-05 Regular Meeting - Laserfiche WebLink

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Guard Bureau for approval of plans, specifications and cost estimates for • the accomplishment of the aforesaid project. 3. That it will advertise for bids, prepare and award the appropriate construction contract. 4. That it will require the construction contractor to furnish a bond of such type and in such amount as will adequately secure the faithful performance of the contract and which will adequately protect the parties hereto to the extent of their respective contributions toward the cost of such construction quaranteeing faithful performance of such bond to the National Guard Bureau. 5. That it will authorize surveillance and inspection from time to time during construction by an agent of the National Guard Bureau to assure conformance with plans and specifications. 6. That no changes or change orders will be accomplished pursuant to the construction contract unless reduced to writing and approved by the National Guard Bureau or its designated representative. 7. That upon completion of the work it will furnish an invoice to the United States Property and Fiscal Officer of the State of Texas certifying the amount due. Such invoice shall serve as the basis for preparation of payment vouchers and shall be in such form as is satisfactory to the GOVERNMENT; . 8. and warrants that it has duly appropriated or will otherwise make available from local funds for timely disbursement, under the terms of the contract, $21,000 as its share of the cost of the proposed project. • THE GOVERNMENT AGREES: And warrants that it has programmed and budgeted from funds administered or to be administered by the National Guard Bureau the sum of $9,000 as its share of the cost of the proposed project, and subject to the availability of such funds and satisfactory performance by the contractor, will make periodic payments as directed by the CITY in proper proportion to the per- centage of completion of the project as certified in the inspector's certi- ficates required in paragraph 8 above. THE PARTIES MUTUALLY AGREE: 1. That in the event the contract award is made for less than the total anticipated cost of the proposed project each of the contributing parties shall have the benefit of a reduction of its committed contribution equal to the aforestated percentages of the total reduction, to wit: the CITY, LaPorte; and the GOVERNMENT, National Guard Bureau. 2. That in the event a bid from a qual.ified construction contractor equal to or less than the total anticipated cost of the proposed contract 0