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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 timefl'ame 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 />IMPROVEMENT as more Hilly described in the CWA. The CWA maybe found an the City's website <br />at: :/]atkn /www. ta- 3f�11Rr� pdi <br />7� CONTRACTOR shall, after award of this Contract, famish two bonds to be approved by the CITY, <br />ono in the amount of Ono klundred 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 price to guarantee payment of all claims for labor and materials furnished (Payment <br />Bond), This Contract shall not become offective until such bonds are supplied to and approved by the <br />CITY, <br />8, 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 ofproject acceptance. For projects up to Five hundred Thousand <br />Dollars ($500,000), the Warranty Bond amount shall be the greater of Ton 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 />($100,000) or Ton Percent (10%) of the final contract price. <br />9. CONTRACTOR shall, after award of this Contract, furnish Certificatea of Liability Insurance and <br />Worker's Compensation Insurance as outlined in the Oencral 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 />Indomuify, and hold harmless CITY, its City Council, boards and commissions, officers, agents, <br />employees, representatives and voluntoors (hereinafter collectively referred to as "Indomnitees'), <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 hrdhootly from, or in any manner relating to, any <br />of the following- <br />(i) Performance or nonpetformanoo of the Work of bnprovement 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 obligations under the Contract Documents; <br />Page 2 of 3 <br />