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<br /> <br /> <br />Everett Mall Bus Platform DIVISION C-CONTRACT <br />WO No – MALLSTN/24462 <br /> <br />4. Contract Sum. The Contract Sum of this Contract is: <br />Contract Sum $1,992,715.50 <br /> <br />This is based on the proposal/bid submitted by Contractor dated February 18, 2025. A copy of <br />such proposal/bid is attached hereto. The basis for final payment will be the actual amount of <br />work performed according to the Contract Documents and payments, whether partial or final, <br />shall be made as specified therein. <br />5. Withholding. Five percent (5%) of amounts due Contractor shall be retained and withheld <br />to comply with RCW Chap. 60.28. Retained amounts shall only be released: (A) as required by <br />law or (B) sixty (60) days after completion of all contract work if there are no claims against the <br />retained funds. In addition to the amounts required by RCW 60.28 to be withheld from the <br />progress or retained percentage payments to the Contractor, the City may, in its sole discretion, <br />withhold any amounts sufficient to pay any claim against the Contractor of which the City may <br />have knowledge and regardless of the informalities of notice of such claim arising out of the <br />performance of this Contract. The City may withhold the amount until either the Contractor <br />secures a written release from the claimant, obtains a court decision that such claim is without <br />merit, or satisfies any judgment in favor of the claimant on such claim. The City shall not be <br />liable for interest during the period the funds are so held. <br />6. Compliance with Employment and Wage Laws. Contractor agrees to comply with all <br />state and federal laws relating to the employment of labor and wage rates to be paid. <br />7. Vacant <br />8. Indemnification. <br />A. Contractor will defend, indemnify and hold harmless the City from any and all Claims <br />arising out of or relating to any acts, errors, omissions, or conduct by Contractor in <br />connection with its performance of this Contract, including without limitation (and without <br />limiting the generality of the foregoing) all Claims resulting from Contractor’s <br />performance of, or failure to perform, its express and implied obligations under the <br />Contract. The Contractor will defend and indemnify and hold harmless the City whether <br />a Claim is asserted directly against the City, or whether a Claim is asserted indirectly <br />against the City, e.g., a Claim is asserted against someone else who then seeks <br />contribution or indemnity from the City. The amount of insurance obtained by, obtainable <br />by, or required of the Contractor does not in any way limit the Contractor’s duty to <br />defend and indemnify the City. The City retains the right to approve Claims investigation <br />and counsel assigned to said Claim and all investigation and legal work regarding said <br />Claim shall be performed under a fiduciary relationship to the City. This Section 8 is in <br />addition to any other defense or indemnity or hold harmless obligation in the Contract <br />Documents. <br />B. The Contractor’s obligations under this Section 8 shall not apply to Claims caused by the <br />sole negligence of the City. If (1) RCW 4.24.115 applies to a particular Claim, and (2) <br />such Claim is caused by or results from the concurrent negligence of (a) the Contractor <br />and (b) the City, then the Contractor’s liability under this Section 8 shall be only to the <br />extent of the Contractor’s negligence. <br />C. As used in this section: (1) “City” includes the City’s officers, employees, agents, and <br />representatives; (2) “Claims” include all losses, claims, demands, expenses (including, <br />but not limited to, attorney’s fees and litigation expenses), suits, judgments, or damage, <br />whether threatened, asserted or filed against the City, whether such Claims sound in <br />tort, contract, or any other legal theory, whether such Claims have been reduced to