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4, CONTRACTOR agrees to complete the WORK OF IMPROVEMENT within the time specified in <br />the Time for Completion of Improvenic ats 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 subcontmaors 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 />b. If applicable, the CONTRACTOR shall adhere to the CITY'S Community Workforce Agreement <br />(CWA), a pre -hire collective bargaining agreement, which establishes tha labor relations policies and <br />procedures for CONTRACTOR to follow in the crafts persons employed to complete the '!FORK OF <br />IMPROVEMENT as more fully described in the CWA. The CWA maybe found on the City's website <br />at: littn://www.saganna or wa/docunients/CWA, f <br />7o CONTRACTOR shall, after award of this Contrast, famish two bonds to be approved by the CITY, <br />ane in the amount of OneIundred Percent (100°/a) of the Contract price, to guarantee the faithful <br />performance of the work (Performance Band), 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 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 wmi my performance and payment band (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 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 />(S 100,000) or Too. Percent (10%) 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 CI ry. <br />10. INDEMNIFICATION. <br />To the fullest extent allowed by law, CONTRACTOR and its Subcontractors hereby agree to defend, <br />indenuffy, and hold harmless CITY, its City Council, boards and commissions, officers, agents, <br />employees, representatives and volunteers (hereinafter collectively referred to as "Indemrutees"), <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 obligations under the Contract Documents; <br />Page 2 of 3 <br />