STANDARD FORM OF AGREEMENT
BETWEEN OWNER AND CONTRACTOR
THIS AGREEMENT is dated as of the day of in the year 2020 by and between
the City of Nashua, New Hampshire (hereinafter called OWNER) and Bancroft Contracting Corporation
and its successors, transferees and assignees together (hereinafter called CONTRACTOR).
OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as
follows:
ARTICLE 1 - WORK
1.01 CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents.
ARTICLE 2 - THE PROJECT
2.01 The Project for which the Work under the Contract Documents may be the whole or only a part is
generally described as follows:
The work is located at the Jackson Mills Hydroelectric project. The work includes removal of
existing turbine, generator, and controls: preparation of the site and Powerhouse for new equipment:
and installation, startup and testing of new equipment.
ARTICLE 3 - ENGINEER
3.01 The Project has been designed by: The HL Turner Group
27 Locke Road
Concord, NH 03301
who is hereinafter called ENGINEER and who is to act as OWNER's representative, assume all duties and
responsibilities, and have the rights and authority assigned to ENGINEER in the Contract Documents in
connection with completion of the Work in accordance with the Contract Documents.
ARTICLE 4 - CONTRACT TIMES
401 Time of the Essence
A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness
for final payment as stated in the Contract Documents are of the essence of the Contract.
4.02 Dates for Substantial Completion
A. The anticipated start date of the contract is on or about _December 31, 2020. Project will
begin once a written “Notice to Proceed” is issued. Substantial Completion shall be by January 1, 2022.
Substantial Completion occurs when all work is complete except punch list items. Final completion shall be
by February 28, 2022. Final completion occurs when all work including the punch list items is completed
and ready for final payment.
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