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Contract with Trans Florida Development Corp. 00600. CONTRACT: CONTRACT THIS IS A CONTRACT, by and between the City of Miami..Beach, a political subdivision of the State -of Florida, hereinafter referred. to as. City, and Trans Florida Development Corp.. hereinafter referred to as Contractor. W-1 T _N E S S E T H, that Contractor and City; for the considerations .hereinafter named, agree as follows: ARTICLE 1 SCOPE OF WORK Contractor hereby agrees to furnish all of the labor., materials, equipment services and incidentals :necessary to perform all of the .work described in' the Contract Documents and Exhibit 1 attached hereto and related thereto for the Project. . ARTICLE '2 CONTRACT TIME 2.1 Contractor shall -be instructed to' the Work by written instructions in form of a Standing Order issued by the City's Procurement Director and a Notice to Proceed issued by the Contract Administrator. Two (2) Notices. to Proceed will be issued for this - Contract. Contractor shall commence scheduling activities, permit applications and other preconstruction work within five (5) calendar days after the Project .Initiation 'Date, which shall be the same as the date of the first Notice to Proceed. The first Notice to - Proceed and Purchase Order will not be issued' until. Contractor's submission to City of all required documents (including - but limited Jo: Payment and.. Performance Bonds, and Insurance Certificate) and after execution. of the Contract by both parties. 2.1.1.' The- receipt of all necessary .permits by Contractor and acceptance of the full progress schedule in ;accordance with technical specifications section, submittal schedule and schedule - of values is 'a condition precedent to the issuance of a, second Notice, to Proceed to mobilize on the Project site and commence with physical construction of the work. The Contractor shall submit all necessary documents required by this provision within twenty -one (21) y calendar days of the issuance of the first Notice to Proceed.. 2.2 Time is of the essence throughout this Contract. This project shall be substantially completed within one hundred and sixty (160) calendar days from the issuance of the second Notice to Proceed, and completed and ready. for final. payment in accordance With Article 5 within thirty (30) calendar days from the - date certified by Consultant as the date of Substantial Completion.., 2�.3 Upon failure of Contractor' to substantially complete the Contract within the specified period of time, plus approved, time extensions, Contractor shall pay to City the sum of one thousand four hundred dollars ($1,400.00) for 'each calendar day after the time specified in . Section 2.2 above, plus any approved time extensions, for Substantial Completion,. After Substantial Completion should Contractor fail to complete the remaining work within the time specified in Section 2.2 above, plus approved time extensions thereof, for completion and readiness for final payment', Contractor shall pay to City the -sum of one - thousand four hundred dollars ($1,400.00) for each calendar day after the time specified in Section 2.2 above, plus any approved extensions, for fi completion and readiness.for final payment. These amounts are not penalties but are liquidated damages to City for its inability to obtain full beneficial occupancy and /or use of the Project. Liquidated damages are hereby fixed and agreed. upon between the parties, recognizing the impossibility. of precisely ascertaining .the amount of damages that will be sustained by City, as a consequence of such delay,'and both parties desiring to obviate any question of dispute concerning the amount of said damages and the cost and effect of the failure - of Contractor to complete the Contract on time. -The above- stated liquidated damages shall apply separately to. each portion of the Project for which.a time for completion is given. 2:4 City is authorized to deduct liquidated damages from. monies due to Contractor for the Work under this Contract or as much thereof as. City may in its sole discretion, deem just and reasonable. _ 2.5 Contractor shall be responsible for reimbursing City, in addition to Iiquidated damages, for all costs incurred by Consultant in administering . the construction of the Project beyond the completion date specified above, plus approved time extensions. Consultant construction -administration costs shall be pursuant to the contract between City, and Consultant, a copy of which is available upon request of the Contract Administrator. All such 'costs shall be deducted from the monies due Contractor for performance of Work under this Contract by means of unilateral credit change orders issued by City as costs are i . ncurred by Consultant and agreed to by City. ARTICLE 3 THECONTRACT SUM [ ] This is a Unit Price Contract 3.1 City shall pay to Contractor the. amounts determined for the total number of each. of the units of work completed, at the unit price stated in the . schedule of prices bid. The number of units contained in this schedule is an estimate only, and final payment shall be made for the actual number of units incorporated in or made necessary by the Work covered by the Contract Documents. 3.2 Payment shall be made at the unit prices applicable to each integral' part of the Work. These prices shall be full compensation for all costs, including overhead and profit, associated with completion of all the Work in full conformity with the requirements as stated or shown, or both, in the Contract Documents. The cost of any item of work not covered by a definite Contract unit price shalt be included in the, Contract unit price or lump sum _price to which the item is most applicable. [ X ] This is a. Lump Sum Contract 3.1, City .shall. pay, to Contractor for the performance of Work described in the .Contract Documents, the total price stated as awarded. 12 Payment shall be at the lump sum price stated in. the Contract. This price shall be full compensation fot all costs, including overhead and :profit, associated with completion of all. the work in full conformity with the requirements as stated or shown, or both in the Contract Documents. The cost of any item of work not covered, by a definite Contract lump sum should be included in the lump sum price to which the item is most applicable. * Note : Some, projects include both unit prices and lump.sums. in which case'.both sections shall apply to the Work identified for each type of -- Contract. , ARTICLE 4 PROGRESS PAYMENTS 4.1 Contractor may make Application for Payment for work completed during the Project at intervals of not more than once a month.', Contractor's application shall show a complete " breakdown of the .Project components, the quantities completed and the amount due, together with such: supporting - evidence as may be required by Consultant. Contractor shall include, but same shall be limited to, at Consultant's discretion, with each Application for .Payment, an updated progress. schedule acceptable to Consultant, as required by Contract Documents and a release of liens and consent of surety relative to the work -which is the subject of the Application. Each Application for Payment shall be submitted in triplicate to Consultant for approval. City shall make payment to Contractor within thirty (30) days after, approval, by Consultant of Contractor's Application for Payment and 'submission.of an acceptable : updated progress schedule. 4.2 Ten percent (10 %) of all monies :earned by Contractor shall .be retained. b City until = y.. y u Final Completion and acceptance by City in accordance with Article 5 hereof, except that after. ninety - percent (90 %) of the Work has been completed, the Contract Administrator _ may reduce the retainage to five percent' (5 %) of all monies previously earned and all monies earned thereafter. Any reduction in retainage shall be in the sole discretion of the. Contract Administrator, shall be recommended by�Consultant and Contractor shall have no entitlement to a reduction. Any interest earned on retainage shall accrue to the benefit of City. All requests for retainage .red'uction shall be in writing* in a separate stand alone document. 43 City may withhold, in whole or in past, payment to such extent as may be necessary to protect itself from loss on account.of: 4.3.1 Defective work not remedied,. 4.3.2 Claimsfiled or reasonable evidence indicating probable filing. of claims by other parties against Contractor or City because of Contractor's - performance'. 4.13 Failure of Contractor 'to make payments properly to Subcontractors or for material or labor. -4.3.4 Damage to another contractor not remedied. 4.3.5 Liquidated damages and -costs incurred by Consultant for extended construction administration. 4.3.6 Failure. of Contractor to provide any .'and all documents required by. the Contract Documents. When the above grounds are 'removed or resolved satisfactory, to the Contract Administrator, payment shall be made in whole or in'part. ARTICLE 5 ACCEPTANCE AND FINAL PAYMENT 5.1 Upon receipt of written notice from Contractor that the Work is ready for final inspection and acceptance,. Consultant shall, within` ten (10) calendar - days, make an inspection thereof.. If Consultant and Contract.Administrator find the Work acceptable, the requisite documents have been submitted and the requirements of the Contract Documents . fully satisfied, and all conditions of the permits and regulatory agencies have been -met, a Final Certificate of Payment (Form 00926) shall be issued ' by Consultant, over - its signature, stating that the requirements of the . Contract Documents have been performed- and the Work is ready for acceptance. under the terms and conditions thereof. 5.2 Before issuance of the Final Certificate for Payment, Contractor shall deliver to Consultant a complete release of all Liens arising out of this Contract, receipts. in full in lieu thereof; an affidavit certifying that all suppliers and subcontractors have been paid in full and that all other indebtedness connected with the Work has been paid, - and a consent of the surety to final payment; the final, corrected as -built drawings,; and .final bill of materials, if. required, and invoice. 5.3 If, after the Work has been substantially completed, full -completion thereof is materially delayed throughl no fault of Contractor and Consultant 'so certifies,' City shall, upon. certificate of Consultant, and without terminating the Contract, make payment of the balance due for that portion of the Work fully completed and accepted. Such payment shall be made, under the terms and conditions governing final payment, except that it -shall not constitute a waiver of claims. 5.4 Final payment be made only after the City Manager or his designee has reviewed a _written evaluation of the performance of Contractor prepared by the Contract. Administrator, and approved the final payment. The acceptance of final payment shall constitute a waiver of all claims by Contractor, except those previously made in strict accordance with the provisions of the General Conditions and identified by Contractor as unsettled at the time of the application for final payment. ARTICLE 6 MISCELLANEOUS 6.1 This Contract is part of, and incorporated in, the Contract Documents as defined herein. Accordingly, all of the documents incorporated by the Contract Documents shall govern this Project. 6.2 Where there is a conflict between any provision set forth within the Contract Documents and a more stringent state or federal provision which is applicable to this Project, the more stringent state or federal provision shall prevail. 6.3- Public Entity Crimes - In. accordance with the Public Crimes Act, Section 287.133, Florida Statutes, a person or affiliate who is a contractor, consultant or other provider, who has been placed on the - convicted vendor list following a conviction for a public entity. crime may not submit a bid on a contract to provide any goods or services to the City; may .not submit a bid on a contract with the City for the construction or repair of a public building or public work, may not submit bids on Leases -of real property to the City, may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with the City and may not transact any business with the City in excess of the threshold amount provided in Section 287.017, Florida Statutes, for category two purchases fora period of 36 months from the date of being placed on the convicted vendor list. Violation of this section by Contractor shall result . in cancellation of the City purchase and may result in Contractor debarment. 6.4 Independent Contractor Contractor is an independent contractor under this Contract. Services provided by - Contractor pursuant to this Contract shall be subject to the supervision of Contractor. An providing such services, neither Contractor. nor, its agents shall act as officers, .employees, or agents of the City. This Contract shall not constitute or .make the. parties a partnership or joint venture. 6.5 Third Party Beneficiaries Neither Contractor nor City intends to directly or substantially benefit a third party by this Contract. Therefore, the parties agree that there are no third party beneficiaries to this Contract and that no, third party shall be entitled to assert a claim against either of them based upon this Contract. The parties expressly acknowledge that it is not their intent to create any rights or obligations in any third person or entity under this .Contract. 6.6 Notices Whenever either party 'desires to give notice to the other, .such. notice must be in writing, sent by °certified United States Mail, postage prepaid, return receipt requested, or by hand- delivery with a request for a written receipt of acknowledgment of delivery, addressed to the party for whom'-it is intended at the place last specified. The place for giving notice shall remain the - same as set forth . herein until changed in writing -in the manner provided -in this section. For the present, the parties designate the following: For City Procurement Division 1700 Convention Center Drive _ Miami Beach Florida 33139 Attn: Gus Lopez, Procurement Director With copies to: City Attorney City.of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 For Contractor Trans Florida Development Corporation 13960 SlN 144 Avenue Road Miami, Florida 33186 Attn: Aquilino Mello 6:7 Assignment and Performance Neither this Contract nor any interest herein shall be assigned', transferred, or encumbered'.by either party. In addition, Contractor shall, not subcontract any portion of the work required by this Contract except as authorized. by Section 27 of the General. Conditions. Contractor represents that all persons - delivering the services required by this Contract have. the knowledge and skills, either by training, experience, educations or a combination thereof, to. adequately and competently perform the duties, obligations, r and services set forth in the Scope of Work and to provide and perform such services to City's satisfaction for the agreed, compensation. Contractor shall perform its duties, 'obligations, and services under this Contract in a skillful and respectable manner. The quality of Contractor's performance and all interim and final product(s) provided, to or on behalf of City shall be comparable to the best local and national standards. 6.8 Materiality and Waiver of Breach City and Contractor agree that each requirement, duty, and obligation set forth in these Contract Documents is substantial and important to the formation of this Contract and, therefore, is a material term hereof. City's failure to enforce any provision of this Contract shall not. be .deemed a waiver of such provision or modification of this Contract. A waiver of any breach. of a provision of this Contract shall not be deemed a waiver of any subsequent breach and shall not be construed to be a modification of the terms .of this Contract. 6.9 Severance In the event - a portion .of this Contract is found by a court of competent jurisdiction to be invalid, the remaining provisions shall continue to effective unless City. or Contractor elects to terminate this Contract. An election to terminate this Contract based upon this provision shall be made within seven (7) days after the finding by the court becomes final. 6.10 - Applicable Law and Venue This Contract shall be enforceable in Miami -Dade County, Florida, and .if legal action is t ; necessary by either party with, respect to the enforcement of any or all of the terms or . conditions herein exclusive venue for -the enforcement of same shall lie in Miami -Dade County, Florida. By. entering into . this Contract, Contractor. and City hereby expressly waive any rights either party may have to a trial by jury of ' any civil litigation related to, or arising out of the Project.: Contractor shall specifically bind -all subcontractors to the provisions of this Contract. 6.11 Amendments _ No modification,. amendment, or alteration in the terms. or conditions contained herein shall be effective unless contained in ' a written document prepared' with the same or similar formality as this Contract and executed by the. Board" and Contractor. 6.12 Prior Agreements , This document incorporates and includes all. prior negotiations, correspondence, conversations, agreements, and - understandings applicable to the matters contained herein 'and the parties agree that there are no commitments, . agreements or understandings concerning the subject matter 'of .this Contract that are not contained in this document. Accordingly, the parties agree that no deviation from - the terms- hereof shall, be predicated upon any prior representations or agreements, I whether oral or written. It is further agreed that no modification, amendment or alteration in the terms or conditions contained herein shall be -effective unless set forth in writing An accordance with Section 6.11 above.. IN WITNESS WHEREOF, the. parties have set their hands and seals the day and year first above written. AT I M v T : THE CITY OF MIA I B CH ��.�/ City Clerk M Contractor MUST EXECUTE THIS CONTRACT AS INDICATED' BELOW. USE CORPORATION OR NONCORPORATION FORMAT, AS�APPLICABLE.. [If incorporated sign below.] Contractor ATT 'S Z4 N- � � (Name of Corporation) 1( cretar) gn ure) r V �Co� al)�� nt Name and Title) y day of 20. notancorp'orated sign below.] Contractor WITNESSES: (Name of, Firm) r B y: g. ture) (Print Name and Title day of 20 CITY REQUIRES FOUR (4) FULLY- EXECUTED. CONTRACTS, FOR DISTRIBUTION: APPROVED AS TO FORM & LANGUAGE. & FOR EXECUTION City A ney, Date t Exhibit 1 Value Engineered Terms and Conditions The following terms represent the result of value engineering discussions between, the City -and Contractor to reduce the time and cost -of the Project and do not subject the City to any additional costs or risks. 1.1 :Major Risk Items 1.1.1 Risk 1: The accuracy of existing, utility data on plans. Plan to . minimize: Contractor must identify all utility locations 'related 'to the - Project in sequence with the proposed construction: :once the second Notice To Proceed .is. issued by the City. Once. areas are identified, Contractor must perform visual inspections and walkthroughs to identify any and all discrepancies between its field findings and the' Project's, plans and :specifications with the - appropriate utility owner. 1.1:2 Risk 2: Florida Power &Light (FPL) delays indentifying, approving, and preparing service point locations for tie -in by electrical subcontractor Plan to minimize: Contractor must request all service points for lighting system at : the beginning of the project from FPL. 1.1.3 Risk 3: Existing gas or gas service lines are ' too shallow where major grade reconstruction will occur. Plan to minimize: Contractor must coordinate with the~ utility providers to identify areas that "could force the relocation of mains and services deeper, along with proper cover depths, in efforts to avoid accidents once road reconstruction operations commence. 1,1.4 Risk 4: Delays authorizing. any deviations from plans due to unforeseen existing conditions. Plan to minimize: Engineer of Record shall. have an authorized on -site representative to make field decisions and alterations as required. 1 .2.1. Add'ed.Values to Project 1.2.1 Driveways Aprons — Contractor will document. existing conditions and will guaranty that all damages caused by the construction activity will be corrected at no cost to the City. Additionally; the Contractor will maintain access to all driveways at all-time. : 1.2.2 Dust.Control — Contractor will maintain and control dust at..all times:., 1..2.3 Maintenance of Traffic - Contractor will coordinate. all deliveries to the site in order to avoid conflicts with local residents. 1.2.4 Bridge Weight Restriction Limits —.Contractor must adhere to all Florida legal loads weight restriction limits applicable to the ' bridge between the MacArthur .'Causeway and East and West Drives. Contractor must supervise its incoming and outgoing trucks and maintain clear and accurate records as to the weights of each load. Any load within 15% of the bridge's weight restriction for the specified . capacity will be , rejected. The Contractor shall need to reduce the load's weight ' prior to crossing bridge. 12.5 Static/Vibrating Roller — . Contractor will evaluate the use of a vibrating and /or static roller in order to assure that no damage occurs to adjacent structures. 00708. FORM CERTIFICATE OF INSURANCE A form Certificate of Insurance will. be attached here. q BID NO: 43 -09/10 CITYOF MIAMI BEACH DATE: October 25, 2010 79 DATE (MM /DD/YYYY) CERTIFICATE OF LIABILITY INSURANCE OP ID ML 12/14/10 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder"in lieu of such endorsement(s). PRODUCER NAME: PHONE BROWN & BROWN —HBA DIVISION Arc, No, Ext : 2500 NW 79TH AVE, SUITE 101 ADDRESS: MIAMI FL 33122 CUSTOMERID #: TRANSI7 INSURER(S) AFFORDING COVERAGE NAIC # INSURED INSURER A: Travelers Indemnity Of America 25666 Trans Florida Development Corp INSURER 8: Charter Oak Fire Insurance Co. 13960 Sw 144Th Avenue Road Miami FL 33186 INSURER C: 'Travelers Property Casualty Co INSURER D: Bridgefield Employers Ins. Co. INSURER E: INSURER F COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: . THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. LTR TYPE OF INSURANCE INSR WVD POLICY NUMBER (MM /DD /YYYY) (MM /DD /YYYY) LIMITS GENERAL LIABILITY EACH OCCURRENCE $1,000,000 A X COMMERCIAL GENERAL LIABILITY DTCO1229R5 TIA10 05/22/10 05/22/.11 PREMISES (Ea occurrence) $ 300,000 CLAIMS -MADE . ❑ .00CUR MED EXP (Any one person) s5,000 X - PERSONAL & ADV INJURY $1,000,000 GENERALAGGREGATE s2,000, 000 GEN'L AGGREGATE LIMIT APPLIES PER: r / 61 10 PRODUCTS - COMP /OP AGG s2,000,000 POLICY X PRO LOC - ` $ JECT AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT B :X ANY AUTO . DT8101229R53ACOF10 05/22/10 05/22/11 (Ea accident) $ 1,000 ' 000 BODILY INJURY (Per person) $ ALL OWNED AUTOS BODILY INJURY (Per accident) $ SCHEDULED AUTOS X PROPERTY DAMAGE X HIRED AUTOS (Per accident) $ X NON -OWNED AUTOS $ C UMBRELLA LIAB X1 OCCUR DTCUP1229R53ATIL10 05/22/10 05/22/11 EACH OCCURRENCE s4,000,000 EXCESS LIAB CLAIMS -MADE AGGREGATE ;$ 4,000,000. DEDUCTIBLE $ X RETENTION $ 10 $ D WORKERS COMPENSATION 083045058 05/22/10 05/22/11 X WCSTATU OTH- AND EMPLOYERS'. LIABILITY Y / N TORY LIMITS ER ANY PROPRIETOR /PARTNER /EXECUTIV E.L. EACH ACCIDENT $ 50<7 , 000 OFFICER /MEMBER EXCLUDED? N/A (Mandatory in NH) E.L. DISEASE - EA EMPLOYEE s500,000 If yes, describe under DESCRIPTION OF OPERATIONS below E.L. DISEASE - POLICY LIMIT $500,000 DESCRIPTION OF OPERATIONS f LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) JOB Rite of Way Infrastructure, Improvement Program,Neighborhood 13 A, Star Island CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN City Of Miami Beach ACCORDANCE WITH THE POLICY PROVISIONS. 'Procurement Division Kenneth Patterson AUTHORIZED REPRESENTATIVE 1700 Convention Way Miami Beach FL 33139 ACORD CORPORATION. All rights reserved. ACORD 25 (2009/09) The ACORD name and logo are registered marks of ACORD HOLDER CODE TRANSIT° PAGE 2 I INSURED S NAME Trans Florida Development,.Corp OP ID ML '' DATE 12/14;/10 GL Other Type Ins: - CONSTRUCTION PAYROLL $2,794,150 - COMPOSITE RATE a , 5 1 r ' _ BBND NB. 105 00710. FORM OF PERFORMANCE BOND BY THIS BOND, We lopme Corp. ' '' a s Pri ncipal, Trans Florida Deve nt C of America. hereinafter called Contractor and Travelers Casualty and, Surety Compa )bs Surety, are ('found to the �. City of Miami Beach,. Florida, as Obligee, hereinafter .called City, in. Ah amount of Six Hundred Ninety,Six Thousand 696 88.7.45.. . Eight Hundred Eigh seven and Dollars ($ ),for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, .successors and .assigns, jointly and severally. WHEREAS; Contractor has by written agreement entered into a Contract, Bid /Contract No.: 43 09 /1 0 ; awarded the day of 20 with City which Contract 'Documents are by reference incorporated herein and made a part hereof, and specifically include provision for liquidated damages, and other damages identified; and for the purposes of this Bond are hereafter referred to as the "Contract "; , THE CONDITION OF THIS BOND is that if Contractor: 1... Performs the Contract between Contractor . and City for `construction of ROW Infrastructure.Impro ement Prog am Neighborhood . Nh_ ��a S Far T�and th Contract b ei n g m a .. part of this Bond by reference, at the times and in the manner prescribed in the Contract; and -. -2. Pas City all .losses, liquidated dams es ex enses,- costs and --attor' ne s fees includin Y Y 4 9 P Y .9. appi Ila #e proceedings; fhat,City sustains as a result of .default by Contractor under the Contract; and 3.. Performs the g uarantee of all "work and materials furnished under the Contract'for the time specified the Contract; then THIS BOND IS VOID, OTHERWISE IT REMAINS IN FULL FORCE AND EFFECT. Whenever Contractor shall be, and, declared by City to be, in default under the Contract, City having performed City obligations thereunder, the Surety may promptly remedy the default, or shall promptly: 3.1. Complete the Project in accordance with the .terms and .conditions of the _ Contract Documents;'or 3:2. Obtain a bid or bids for completing- the Project in accordance, with the terms and conditions of the Contract - :Documents, and upon determination by Surety of the lowest responsible "Bidder ; or, if, City elects, upon determination by City and Surety jointly of the lowest responsible. Bidder, arrange for a contract . between such Bidder-and City, and. make available as work progresses (even though there should be a default or a succession of defaults under the Contract BID NO: 43- 09110 CITYOF MIAMI BEACH DATE: October 25, 2010 80 FORM OF PERFORMANCE BOND (Continued) ' or Contracts of completion arranged under this a r a . P 9 ' p ) sufficient funds .to . pay the cost of completion less ft balance of the - Contract Price;. but not exceeding, including other costs - and damages ; for, which the: Surety ,may, be liable hereunder; the amount set forth .in the first -- paragraph hereof. The. term - "balance of the Contract Price," as used in. this paragraph,:.shall - mean the total „ amount payable by City to Contractor under they Contract and °any amendments thereto, less the amount properly paid by City to Contractor. - No right of action;shall accrue on this bond.to .or for the` use - of any person or corporation other than. City `named herein. The Surety hereby waives notice of- and agrees.. that- any changes in or under the Contract Documents and compliance or noncompliance any formal {ties` connected with the Contract or the changes does not affect Surety's obligation under this Bond. ned and sealed this: day of i✓!�✓ , 20� _ Trans Florida Development Corp.. W N S ES: f ri (Narrme of Corporafilon) 44 VY �V ,e^.r_t B . ...,. - ig t re} B y: ( I r? ,- . E SEAL} ` Pmt Name and Title } N THE PR �' NCE.OF: INSURA CO11t(PAW Travel�rs asu lty a pant' or America' Oa By. Y caiBand tt rn in -Fact • Ni �- AddreSS: One Tow er Square (Street). Hartford, CT 06183 lSfiate - (C , i /Zi - ty P Code : ..Telephone No.:" 860-277-0111 " BID NO: 43 -09110 CITYOF MIAMI BEACH DATE: October 25 , 2010 81 ND. 1W 517;.380 00720. FORM OF PAYMENT BOND : HIS rp ; .Trans Florida Development Co BY T � BOND, We as Principal, m ica Travelers Casualty and Surety Compan o America hereinafter called Contractor, and ,as Surety, are bound t . th Cit o ,Mi mi Be h Florida, as Obligee, hereinafter called City, in' the amount of pp f a a Six Hund�d Ninet Six. T o�sand y ht Hundred Eighty. Seven and 45/1 696,887..45 Ei , g bollars ($ ) for the payment 'whereof.. . Contractor and Surety bind themselves,` their heirs, executors; administrators, successors and assigns, jointly -and severally. VVHEREAS, .Contractor has by written agreement. entered into a Contract,. Bid /Contract 43- 0 " No.: , awarded the day of , 20 , with City• which Contract Documents are by reference incorporated herein and made a part hereof, and specifically include provision for liquidated damages, and other damages identified, and for the purposes of this Bond are hereafter referred to as the "Contract "; THE CONDITION OF:THIS BOND is that if Contractor: 1. Pays City all losses, liquidated damages, expenses, costs and attorney's fees including appellate proceedings, that City sustains" because of default by Contractor. under the Contract; and 2. Promptly makes payments to all claimants as defined by Florida Statute 255:05(1) for all labor, materials and supplies used directly or indirectly by Contractor in the .performance of the Contract; THEN Contractor 'S OBLIGATION SHALL BE VOID; OTHERWISE, IT'SHALL REMAIN IN. FULL FORCE AND EFFECT SUBJECT, HOWEVER, TO THE FOLLOWING." CONDITIONS: _ 2.1. A claimanf, except a laborer, who is not in` privity-with-Contractor and who has not received payment for its labor, materials,.or supplies shall, within forty -five (45) days. after beginning to furnish - labor, materials, or .supplies for the prosecution of the work, furnish to Contractor a notice that he intends to look to the bond for Protection. 2.2. A claimant- who is' not -in privity with Contractor. and who has not .received = payment for. its :labor; materials, or,supplies shall, within ninety (90) days after performance of the labor or after complete delivery of the materials or supplies, deliver: to Contractor and to the Surety, written notice of the performance of the labor or delivery of..the'materials or supplies and of the nonpayment. 2.3. No action for the labor, materials, or supplies may.. be instituted against Contractor or the Surety unless . the notices stated under the preceding . conditions (2;1). and (2.2) have been given. BID NO: 43 -09110 CITYOF MIAMI BEACH : 82 DATE: October 25, 2010 :` 2.4. Any action under this Bond must b ' instituted in accordance with the Notice and Time Limitations provisions, prescribed in Section 255.Q5(2), ..Florida Statutes: The Surety hereby waives notice of - and agrees , that any changes in or under the.: Contract Documents and compliance or noncompliance with any formalities connected with the Contract or the changes does not affect the Surety's obligation under this Bond. Signed and sealed this �_ , f f day of _ - /'�?��/� 20�_. Contractor Trans.Florida Development Corp.. TTEST: (Name of Corporation) arY} i t Z7 — , _W orate, &Peal Pri Name a Title _ �.. day of 0 20 CE OF: INSURA OMPANY: Traveler Casual y a.tnd-'59u&e of . America- Ag an A# Erne iri-Fact Charles J. Nielson One Tower Square Address: 9 (Street) Ha _ r t f ord, CT .06183 (City /State /Zip Code) Teleph o ne No 860 0111 °f _ -. :. .. . _ 277 BID NO: 43- 09/'10. CITYOF MIAMI BEACH DATE: October 25, 2010 83 ; 00721': CERTIFICATE AS -TO CORPORATE PRINCIPAL (, ( rtify that 1 am the Secretary ce . the . corporation named. as Principal ir' the f regoing Performance and, Payment Bond (Performance Bond and. Payment Bond); that L -who signed the -Bond(s) on behalf of the Principal-, was then VK `Lzo 6 t -of said corporation; that l know, his /her signature; and his /her signature thereto is. genuine; and that said Bond(s) (were) duly signed, sea��e�d and attteste to on behalf of said corporation by authority, of its governing ���` � . ��� •••w, .. ""*� �,d'� jar • (SEAL) ecr_etary {on beha of `Corporation STATE OF FLORIDA ) SS COUNTY'OF MIAMI -DADS ). } Before me, a Notary, Public- duly commissioned, - qualified and acting personally, Charles J.:, Nielson to me well known; `who being b me appeared � Y . first duly sworn upon oath says that he/she has -been authorized to execute the. foregoing Performance and ' Payment Bond (Performance Bond and Payment Bond) on behalf of Contractor named therein in favor of City. Subscribed , and Sworn to. before me. this d My commission expires: N ota ic, State of Florida at Large. January 4; 2013 Gicelyle, Pajon JL ® �� f iversal Surety of Americ �$ B o nd e d by un b e • q U a a y ��o a� ®o, � • °° � BID NO:-43-0 CITYOF MIAMI BEACH 84 DATE: October 25, 2010 WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER POWER OF ATTORNEY TRAV ELEPS J Farmington Casualty Company St. Paul Mercury Insurance Company Fidelity and Guaranty Insurance Company Travelers Casualty and Surety Company Fidelity and Guaranty Insurance Underwriters, Inc. Travelers Casualty and Surety Company of America St. Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company St. Paul Insurance Company Attorney -In Fact Noy Certificate No. ' 0036 6 1868 222181 KNOW ALL MEN BY THESE PRESENTS: That St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company and St. Paul Mercury Insurance Company are corporations duly organized under the laws of the State of Minnesota, that Farmington Casualty Company, Travelers Casualty and Surety Company, and Travelers Casualty and Surety Company of America are corporations duly organized under the laws of the State of Connecticut, that United States Fidelity and Guaranty Company is a corporation duly organized under the laws of the State of Maryland, that Fidelity and Guaranty Insurance Company is a corporation duly organized under the laws - of the State of Iowa, and that Fidelity and Guaranty Insurance Underwriters Inc., is a corporation duly organized under the laws of the State of Wisconsin (herein collectively called the "Companies "), and that the Companies do hereby make, constitute and appoint Charles D. Nielson, Charles J. Nielson; Mary C. Aceves, David R. Hoover, Gicelle Pajon, Olga Iglesias, Gloria McClure, and Arthur Colley of the City of Miami T akPC State of Florida their true and lawful Attorney(s) -in -Fact, each in their separate capacity if more than one is, named above, to sign, execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of,,guaranteeing the fidelity of persons,. guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permttted in any actions or proceedings allowed by law. IN WITNESS WHEREOF, the Companies have caused this instrument to be signed and th6fAcorporate seals to be hereto affixed, this 13th day of May 2010 Farmington. Casualty Company ' St. Paul Mercury Insurance Company Fidelity and Guaranty Insurance Company -' Travelers Casualty, and Surety Company Fidelity and Guaranty Insurance Underwriters, Inc. Travelers Casualty and Surety Company of America St. Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company. St. Paul Guardian Insurance Company aWn�m u �lrt4 f G►.suq� TY F1PE S kp�� �1� N � ,ro••• ++ GMs a J P�•TY A�yO tTYA - 4b J `� : ........ �pYY .�•(! �? O�+q•ff lea �� C PORq >F�� W�'GORPORgl t^ s u G9 io 19 82 O 19� O " c� : i ^' 3 f i •• P e a HARTFORD,. i �' HRRTFOFA N � 1i41ED .1951 ' . _ ov �d:SE ALa JW ' �' SEAL:;3 ' CONN, o I CONM.) 1896 a da 4F w +a t i ti•� � l "* rrunnrm��e� "� State of Connecticut By: ' City of Hartford ss. Georg Thompson, or ice President On this the 13th day of May 2010 before me personally appeared George W. Thompson, who acknowledged himself to be the Senior Vice President of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty. Insurance Underwriters, Inc.; St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance. Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity and Guaranty Company, and that he, as such, being .authorized so to do, executed the foregoing instrument for the purposes therein contained.by signing on behalf of the corporations by himself as a duly authorized officer. i- In Witness Whereof I hereunto set my hand and official seal. My Commission expires the 30th day of June, 2011. �OtIB Marie C. Tetreault,,'Notary Public co 58440 -4 -09 Printed in U.S.A. WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity and Guaranty Company, which resolutions are now in full force and effect, reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, 'the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys -in -Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary; and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys -in -Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President, any Assistant Vice President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident.Vice Presidents, Resident Assistant Secretaries or Attorneys -in -Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I, Kori M. Johanson, the undersigned, Assistant Secretary, of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity' and Guaranty Company do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies;; which is in full farce `and" effect and has not been revoked. 4 IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Coriipanies this day of 20 — Kori M. Johans Assistant Secretary w \w \ •••�"rrr 1NIYYp ►SU FIRE k �• pN y W Y2 G � 4 ni S j tNSU v, P mt ANO 51f9 TY <T t ` '�s H O \ • ; G ; �'• op'PpR1 ap°AO01v °r G t 7 c - Olt • O O l O 4� r '1982 S n ° INCORPORATED m£ r F: n 3 W : pOaPORglE •. <^ w m y i O 1 9/ I '` a c� ; : m S f; c� s a HARTFORD < �' HARTFORD j ' 1Ep y o: W � o ALSEAL:'3; CONN. o° CflNM. a ny P ?� "or NcE 15.,..... t ~� rn r4r�llmwW �r��.. y� S• *�,•' 1 r Pd • ' �/ A�('� I To verify the authenticity of this Power of Attorney, call 1- 800 - 421 -3880 or contact us at www.travelersbond.com. Please refer to the Attorney -In -Fact number, the above -named individuals and the details of the bond to which the power is attached. v WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER