Service Electric Co. Inc. 1/18/2022

EVERETTif. CITY OF EVERETT, WASHINGTON WASHINGTON CONTRACT THIS CONTRACT is made and entered into this 7th day of January, 2022, by and between the City of Everett, Washington, a municipal corporation existing under the laws of the State of Washington, hereinafter called the "City", and Service Electric Co, Inc, hereinafter called the "Contractor." In consideration of the sums to be paid to it by the City, Contractor hereby covenants and agrees to furnish all labor, tools, materials, equipment, and supplies required to build and construct in a workmanlike manner the work, improvements, and appurtenances in accordance with the Specifications and Plans entitled: REPLACEMENT OF SERVICE & TRAFFIC SIGNAL CABINETS AT EVERGREEN WAY & 92ND STREET SW, EVERETT WA The following documents ("Contract Documents") are incorporated by reference and are hereby made a part of this Contract: A. General and Special Conditions B. All provisions required by law whether included here or not C. Scope of Work D. Change Orders (if any) E. Price Proposal submitted by the Contractor F. Project Plans and Drawings (if any) G. Supplemental Drawings (if any) H. Permits (if applicable) The work shall be physically complete in all respects within twenty (20) calendar days from the date of issuance of the Notice to Proceed. The amount of this contract is ($43,960.001 and is based on the price proposal submitted by the Contractor dated January 3, 2022. The basis for final payment will be the actual amount of work performed according to the Contract Documents and payments, whether partial or final, shall be made as specified therein. If, and to the extent, payment (in whole or in part) is based upon unit prices multiplied by quantities of work actually performed, the total amount paid to the Contractor may be less than Contract amount stated herein and the Contractor agrees to execute one or more change orders in such event. In no event shall the total amount paid Contractor exceed the Contract amount stated herein, unless the Contract amount has first been increased by one or more Change Orders signed by the City. The City may, in its sole discretion, withhold amounts from payments otherwise due as offsets or backcharges for expenses, damages, or costs for which the Contractor is liable. If the City chooses not to offset or deduct any such expenses, damages, or costs from one or more payments or return of retainage, the City does not waive its claim for such damages and hereby expressly reserves its right to assert a claim against the Contractor for such damages.