ARTICLE 3 — PERIGD OF PERFORMANCE
CONTRACTOR shall perform and complete all work by August 15, 2020 which date shall only
be altered by mutually approved written agreement to exiend the period of performance or by
termination in accordance with the terms of the contract. CONTRACTOR shall begin
performance upon receipt of an Executed Contract, a valid Purchase Order issued from the City of
Nashua, and 2 Notice to Proceed.
ARTICLE 4 - CONTRACT SUM
Subject to additions and deductions by Change Order, the OWNER shall pay CONTRACTOR,
in accordance with the Contract Documents, the Contract Sum of:
TWO HUNDRED SIXTY-SEVEN THOUSAND and 00/100 DOLLARS
(3267,000,00)
The Contract Sum shall include all items and services necessary for the proper execution and
completion of the Wark.
Unless CONTRACTOR has received a written exemption from the City of Nashua,
CONTRACTOR shall submit progress invoices, for services performed under this agreement, in
accordance with the following schedule:
* At50% completion;
* At90% completion; and
* Remaining 10% at project completion.
** See ARTICLE 11 - PAYMENTS AND COMPLETION [or submission instructions.**
ARTICLE 5— INSURANCE AND INDEMNIFICATION
CONTRACTOR shail carry and maintain in effect during the performance of services under this
contract:
> General Liability insurance in the amount of $1,000,000 per occurrence; $2,000,000
appregate;
>» Motor Vehicle Liability: 51,000,000 Combined Single Limit;*Cayverage must include all
owned, non-owned and hired vehicles; and
* Workers’ Compensation Coverage in compliance with the State of NH Statutes,
3100,000/$500,000/$ 100,000.
The parties agree that CONTRACTOR shall have the status of and shail perform a!l work under
this contract as an independent CONTRACTOR, maintaining control over all its consultants, sub
consultants, or subcontractor’s. The only contractual relationship created by this contract js
between the OWNER and CONTRACTOR, and nothing in this contract shall create any
contractual relationship between the QWNER and CONTRACTOR's consultants, sub
consultants, or subcontractor’s. The parties also agree that CONTRACTOR is not an OWNER
employee and that there shall be no:
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