d. Said amount is subject to modification for additions and deductions as provided for within the Contract General

City Commission Meeting · 2026-04-23 · agenda_item

This agenda item concerns contract terms for a project, specifically payment schedules, contract time, and liquidated damages. It outlines how contractors will be paid for work completed, including progress payments based on engineer estimates and final payment upon acceptance by the owner. The contract time specifies a commencement within ten days of a notice to proceed and completion within 270 calendar days. Liquidated damages are set at $1,000 per calendar day for exceeding the contract time. This item is under review as part of a City Commission Meeting. The work would involve construction activities, potentially including site preparation, utility installation, building, and finishing trades, depending on the underlying project. Contractors, suppliers, and service providers should engage early to understand the project scope and potential opportunities before bids and permits are finalized.

contract time

270 calendar days

liquidated damages

1000.00 per calendar day