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Forma Construction Company 10/29/2024
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Job Order Contracting
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Forma Construction Company 10/29/2024
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Last modified
10/29/2024 9:37:26 AM
Creation date
10/29/2024 9:35:31 AM
Metadata
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Contracts
Contractor's Name
Forma Construction Company
Approval Date
10/29/2024
Council Approval Date
10/23/2024
Department
Procurement
Department Project Manager
Theresa Bauccio-Teschlog
Subject / Project Title
Job Order Contracting for General Construction Services
Tracking Number
0004561
Total Compensation
$4,000,000.00
Contract Type
Job Order Contracting
Contract Subtype
Job Order Contracting
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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<br />are stored elsewhere, and finish the Work as City may deem expedient. The City may <br />complete the Work itself or with other contractors. The Contractor shall not be entitled to <br />receive any further payment until the work is finished. If the unpaid balance of the Job <br />Order Price exceeds the direct and indirect costs of completing the Work, including <br />compensation for additional professional services, such excess shall be paid to Contractor. <br />If such costs exceed the unpaid balance, Contractor or its Surety shall pay the difference to <br />City. The Contractor and its sureties shall be liable for any other damage to the City <br />resulting from the Contractor's refusal or failure to complete the work within specified <br />time, whether or not the Contractor's right to proceed with the work is terminated. <br />13.2.2 Where Contractor's services have been so terminated by City, the termination will not affect <br />any rights of City against Contractor then existing or which may thereafter accrue. Any <br />retention or payment of moneys due Contractor by City will not release Contractor from <br />liability. <br />13.2.3 Upon seven (7) days written notice to Contractor, City may without cause and without <br />prejudice to any other right or remedy elect to abandon the Work and terminate the <br />Contract. The City will have all remedies in law and equity, including the right to specific <br />performance (or injunction or other appropriate equitable remedy), without further <br />assistance, and the rights to termination or suspension as provided herein. In such case, <br />Contractor shall be paid for all work completed and accepted as complete by the Project <br />Manager. <br />13.2.4 Inasmuch as the Contractor can be adequately compensated by money damages for any <br />breach of this Contract, which may be committed by the City, the Contractor expressly <br />agrees that no default, act or omission of the City shall constitute a material breach of this <br />Contract, entitling Contractor to cancel or rescind the Contract (unless the City directs <br />Contractor to do so) or to suspend or abandon performance. <br />13.2.5 If there is a dispute regarding a Federally Funded Job Order, the parties will use the dispute <br />resolution in the Federal Contract Clauses, if any. <br />13.2.6 Unless otherwise directed by the City, Contractor shall continue performance under this <br />Contract while matters in dispute are being resolved <br />13.3 Termination for Convenience <br />13.3.1 In addition to City’s other termination rights, City may terminate the Contract for convenience. <br />Upon ten (10) days’ written notice to Contractor, City may, for its convenience and <br />without cause, elect to terminate this Contract or any portion of this Contract. <br />13.3.2 If the Work or any portion thereof is terminated for convenience, Contractor shall, <br />subject to the limitation set forth in 13.3.3 below, be entitled to be paid that portion of the <br />Job Order Price that corresponds to the percentage of work that is complete and accepted, <br />in accordance with the Contract Documents, but shall not be entitled to any other costs or <br />damages whatsoever including without limitation fee or profit on terminated Work. If the <br />Contractor has any property in its possession belonging to City, the Contractor will <br />account for the same, and dispose of it in the manner City directs.
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