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  2. Finance Committee - Agenda - 2/19/2020 - P43

Finance Committee - Agenda - 2/19/2020 - P43

By dnadmin on Mon, 11/07/2022 - 13:33
Document Date
Fri, 02/14/2020 - 12:40
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 02/19/2020 - 00:00
Page Number
43
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__021920…

Agreement Between City of Nashua and Access AV

This agreement is made as of : (date)
BETWEEN City of Nashua NH, 229 Main Street, Nashua, NH 03060
And Access AV, 8 Integra Drive, Concord NH 03301

For the following Project: Aldermanic Chamber System Upgrades

The City of Nashua and Access AV agree as follows:
ARTICLE 1 —- THE CONTRACT DOCUMENTS

Access AV shall complete the work described in the Contract Documents for this project. The
documents consist of the following:

This Agreement signed by the City of Nashua and Access AV

Specifications provided in the bid documents if attached hereto

Addenda prepared after initial invitation, if attached hereto

Proposals and other written responses to the invitation submitted by Access AV, if
approved by the City and as attached hereto

Properly executed written change orders or orders for minor changes in the Work issued
after execution of this Agreement, if any

6. Fully executed City of Nashua Purchase Order

Bon >

on

ARTICLE 2 - DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION DATE

The date of commencement shall be the date of this Agreement unless otherwise indicated
below. Access AV shall substantially complete the Work not later than
subject to adjustment by Change Order.

ARTICLE 3 - CONTRACT SUM
Subject to additions and deductions by Change Order, the Contract Sum is:
$58,835.00 Fifty eight Thousand and eight hundred and thirty five dollars

The Contract Sum is a fixed-fee and shall include all items, labor and services necessary for the
proper execution and completion of the Work.

ARTICLE 4 — RETAINAGE

For each Application for Payment (invoice) submitted by Access AV the City will retain ten
percent (10%) of the value of that invoice, otherwise known as retainage. Retainage of 10% to
be paid to Access AV upon completion and final acceptance of the Work.

Page Image
Finance Committee - Agenda - 2/19/2020 - P43

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