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4. CONTRACTOR agrees to complete the WORK OF IMPROVEMENT within the time specified in <br />the Time for Completion of Improvements section of the 1311) PROPOSAL (Lxhibii `A") including <br />conmrencirrg construction within the timeliame therein specified after issuance ofa Notice to Proceed. <br />5. The CON HRA(' TOR will pay, and will require all subcontractors to pay, all employees on the WORK <br />OF IMPROVEMENT a salary or wage at ]cast equal to the prevailing salary or wage established for <br />such work as set forth in the wage determinations for tills work in accordance with applicable State <br />and Federal law. <br />6. If applicable, the CONTRACTOR shall adhere to the Cl'IY'S Community Workforce Agreement <br />(CWA), a pre -hire collective bargaining agreement, which establishes the labor relations policies and <br />procedures for CONTRACTOR to Ballow in the crafts persons employed to complete the WORK OF <br />IMPROVL-MLNT as more fully described in the CWA. The CWA may be found on the City s website <br />at: hupJ/ww �,uiti in.or1/ptir/dOCLit nLnl /CWAjrdf <br />7. CON fRAC OR shall, after award of this Contact, furnish two honds to be approved by the CITY, <br />one in the amount of One Hundrecd Percent (100%) of the Contract price, to guarantee the faithful <br />performance ofthe work (Performance Bond), and one in the amount ofOne Hundred Percent (100°/�) <br />of the Contract price to guarantee payment ol'all claims for labor and materials furnished (Payment <br />Bernd). This Contract shall not become effective until such bonds are supplied to and approved by the <br />CITY. <br />8. CONTRACTOR shall, prior to the release of the performance and payment bonds or the retention <br />payment, furnish a warranty performance and payment bond (Warranty Bond). Said Warranty Bond <br />shall also be required as a condition ofproject acceptance- For projects up to FIVC Hundred Thousand <br />Dollars ($500,000), the Warranty Bond amount shall be the greater ofTen Thousand Dollars ($10,000) <br />or Twenty Percent (20%) of the final contract price. For projects above Five Hundred Thousand <br />Dollars ($500,000), the Warranty Bond amount shall be the greater of One Hundred Thousand Dollars <br />($100,000) or Ten Percent (10%) ofthe final contract price. <br />9. CON FRAC'1'OR shall, after award of this Contract, furnish Certificates of Liability In an-aoce and <br />Worker's Compensation htsurance as outlined in the General Provisions, to be approved b_y the CITY. <br />10. 1NDEMNIf 1CAUON. <br />To the fullest extent allowed by law, CONTRACTOR and its `;ubcontartors hereby agree to defend, <br />indemnify, and hold harmless CF)Y, its City Council, boards and commissions, officers, agents, <br />employees, representatives and volunteers (hereinafter collectively referred to as "Indemnitces"), <br />through legal eowisc;l acceptable to CITY, from and against any liability, claim3, actions, vests, <br />damages or losses, including reasonable costs and attorney's lees, for injury, including death to any <br />person or damage to any property, wising directly or indirectly from, or in any manner relating to, any <br />of the following: <br />(i) Performance or nonperformance of the Work of Improvement by CONTRACTOR or its <br />Subcontractors of any lower tier; <br />(ii) Performance or nonperformance by CONTRACTOR or its Subcontractors of any lower tier, <br />ofany ofthe obligations under the Contract Documents; <br />City Council 18 — 60 4/20/2021 <br />Pa�,e 2 of 3 <br />