Agreement Bonds Certification Forms Collaborative Design-Build Mobile App
The Agreement Bonds Certification Forms Collaborative Design-Build app can provide details of the agreement between the Board of Trustees and the winning contractor.
How does it work?
The contract agreement will be made with the state, the Board of Trustees and the contractor chosen for the project. Full details about the project, the contractor, and the full approved sum to paid to the contractor for the project will be provided in the agreement. The percentage agreed to by the contractor to subcontract out to Disabled Veteran Business Enterprises and the amount of the fine to be paid to the Trustees for any liquidated damages and delays to the project will be provided in the contract.
The full agreement with all details about the project, contractor, and sum totals will be signed by the contractor, trustees, facility planner, the budget officer, and General Counsel. The agreement will also include the payment bond and performance bond agreed upon by the contractor and the trustees will also be included. Certification of all pages of the agreement will also be included.