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  2. Finance Committee - Agenda - 2/1/2017 - P171

Finance Committee - Agenda - 2/1/2017 - P171

By dnadmin on Mon, 11/07/2022 - 10:28
Document Date
Wed, 02/01/2017 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/01/2017 - 00:00
Page Number
171
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__020120…

Risk Management
City of Nashua
229 Main Street

Nashua, NH 03060

2. CONTRACTOR agrees to maintain required workers’ compensation coverage throughout the entire term of the
contract. If CONTRACTOR does not maintain coverage throughout the entire term of the contract,
CONTRACTOR agrees that OWNER may, at any time the coverage is not maintained by CONTRACTOR, order
the CONTRACTOR to stop work, suspend the contract, or terminate the contract. For each six-month period this
contract is in effect, CONTRACTOR agrees, prior to the expiration of the six-month period, to provide another
written request to its insurer for the provision of a certificate and notice of lapse in or nonpayment of coverage. If
CONTRACTOR does not make the request or does not provide the certificate before the expiration of the six-
month period, CONTRACTOR agrees that OWNER may order the CONTRACTOR to stop work, suspend the
contract, or terminate the contract.

H. To be deemed a responsive bid, the list of subcontractor form must be submitted even if no subcontractors
are required to be listed. Submittal is as follows:

1. Each bid submitted to any officer, department, board or commission for the construction of any public
work or improvement must include:

a. The name of each subcontractor who will provide labor or a portion of the work or improvement to
the CONTRACTOR for which he will be paid an amount exceeding 5 percent of the prime
CONTRACTOR’s total bid. Within 2 hours after the completion of the opening of the bids, the
general contractors who submitted the three lowest bids must submit a list of the name of each
subcontractor who will provide labor or a portion of the work or improvement to the CONTRACTOR
for which he will be paid an amount exceeding | percent of the prime CONTRACTOR’: total bid or
$50,000, whichever is greater, and the number of the license issued to the subcontractor. If a general
CONTRACTOR fails to submit such a list within the required time, his bid shall be deemed not
responsive.

b. A description of the portion of the work or improvement which each subcontractor named in the bid
will complete.

2. The CONTRACTOR shall list in his bid the name of a subcontractor for each portion of the project that
will be completed by a subcontractor.

3. A CONTRACTOR whose bid is accepted shall not substitute any person for a subcontractor who is
named in the bid, unless:

a. The awarding authority objects to the subcontractor, requests in writing a change in the
subcontractor and pays any increase in costs resulting from the change; or

b. The substitution is approved by the awarding authority and:
(i) The subcontractor, after having a reasonable opportunity, fails or refuses to execute a written
contract with the CONTRACTOR which was offered to the subcontractor with the same terms
that all other subcontractors on the project were offered:

(ii) The named subcontractor files for bankruptcy or becomes insolvent; or

(ii) The named subcontractor fails or refuses to perform his subcontract within a reasonable time
or is unable to furnish a performance bond and payment bond.

GC - 25 of 54

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Finance Committee - Agenda - 2/1/2017 - P171

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