Agreement Bonds Certification Forms Collaborative Design-Build Task Order Construction Agreement Mobile App
The Agreement Bonds of Certification Forms Collaborative Design-Build Task Order Construction Agreement app will provide the details for the agreement between the Trustees and the winning contractor for the construction project.
How does it work?
The agreement will be made with the Board of Trustees, the state, and the contractor chosen for the project. The contract will provide full details about the project, the contractor, and the direct construction cost. The design-build contractor will provide and agree that included in the lump sum price is all site management fees, contingencies, and contractor overhead. The percentage agreed to for the DVBE subcontractors and the amount of the fine to be paid back to the Trustees in the event of a delay must also be noted. Any clarifications needed for the lump sum price breakdown should also be listed.
The full agreement with all details about the project, contractor, and totals will be signed by the contractor, trustees, facility planner, the budget officer, and General Counsel. The contract will also include the payment bond and the performance bond guaranteeing that the contractor faithfully performs the agreed upon project construction. Certification of all pages of the agreement will also be included.