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4. CONTRACTOR agrees to complete the WORK OF IMPROVEMENT within the time specified in
<br />the Time for Completion of Improvements section of the BID PROPOSAL (Exhibit "A') including
<br />commencing construction within the timeframe therein specified after issuance of a Notice to Proceed,
<br />5, The CONTRACTOR will pay, and will require all subcontractors to pay, all employees on the WORK
<br />OF IMPROVEMENT a salary or wage at least equal to the prevailing salary or wage established for
<br />such work as set forth in the wage determinations for this work in accordance with applicable State
<br />and Federal law.
<br />6. If applicable, the CONTRACTOR shall adhere to the CITY'S Community Workforce Agreement
<br />(CWA), a pre -hire collective bargaining agreement, which establishes the labor relations policies and
<br />procedures for CONTRACTOR to follow in the crafts persons employed to complete the WORK OF
<br />M&ROVEMENT as more fully described in the CWA. The CWA may be found on the City's website
<br />at: littn://www.saga. a or w€/docunientslCWA, f'
<br />7= CONTRACTOR shall, after award of this Contract, fUmish two Bonds to be approved by the CITY,
<br />.one in the amount of One Hundred Percent (100%) of the Contract price, to guarantee the faithful
<br />performance of the work (Performance Bond), and one in the amount of One Hundred Percent (100%)
<br />of the Contract prier` to guarantee payment of all claims for labor and materials furnished (Payment
<br />Bond). This Contract shall not become effective until such bonds are supplied to and approved by the
<br />CITY,
<br />S. CONTRACTOR shall, prior to the release of the performance and payment bonds or the retention
<br />payment, furnish a warranty performance and payment bond (Warranty bond). Said Warranty Bond
<br />shall also be required as a condition of project acceptance. For projects up to Five Hundred Thousand
<br />Dollars ($500,000), the Warranty Bond amount shall be the greater of Ten. Thousand Dollars ($10,000)
<br />or Twenty Percent (20%) of the final contract price. For projects above Five Hundred Thousand
<br />Dollars ($500,000), the Warranty Bond amount shall be the greater of One hundred Thousand Dollars
<br />(S 100,000) or Ton. Percent (101%) of the final contract price.
<br />9. CONTRACTOR shall, after award of this Contract, furnish Certificates of Liability Insurance and
<br />Worker's Compensation, Insurance as outlined in the General Provisions, to be approved by the CITY.
<br />10. INDEMNIFICATION.
<br />To the fullest extent allowed by law, CONTRACTOR and its Subcontractors hereby agree to defend,
<br />indemnify, said hold harmless CITY, its City Council, boards and commissions, officers, agents,
<br />employees, representatives and volunteers (hereinafter collectively referred to as "Indemnitees"),
<br />through legal counsel acceptable to CITY, from and against any liability, claims, actions, costs,
<br />damages or losses, including reasonable costs and attorney's fees, for injury, including death to any
<br />person or damage to any property, arising directly or indirectly from, or in any manner relating to, any
<br />of the following,
<br />(i) Performance or nonperformance of the Work of improvement by CONTRACTOR or its
<br />Subcontractors of any lower tier;
<br />(ii) Performance or nonperformance by CONTRACTOR or its Subcontractors of any lower tier,
<br />of any of the obligatioats under the Contract Documents;
<br />City Council 21 — 10 1 021
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