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class or portion of tile work or to omit portions of the work as may be deemed necessary or <br /> advisable. <br /> 4. CONTRACTOR agrees to complete tile WORK OF IMPROVEMEN]" within the time specified in, <br /> the Time for Completion Of Iruprovernents section ofthe BID PROPOSAL (Exhibit '*A*') including <br /> commencing construction within the timet'rame therein specified after issuance of a Notice to Proceed. <br /> 5. The CONTRACTOR will pay, and will require all Subcontractors to pay, all employees on the WORK <br /> OF IMPROVE MENT' a salary or wage at least equal to the prevailing salary or wage established tor <br /> SLIC11 work as set forth in the wage determinations for this work in accordance with applicable State <br /> and Federal law. <br /> 6 It' applicable, the CONTRACTOR shall adhere to the CITY'S Clonmiunity Workforce Agreement <br /> (CWA), a pre-hire collective bargaining agreement, which establishes the labor relations policies and <br /> procedures for CONTRACTOR to follow in tile crafts persons employed to complete the WORK 017 <br /> IMPROVEMENTas itiore fully described in the CWA. The CWA may be found on the C ity's website <br /> at: 'Sant, 11 D, <br /> a_1 amj, <br /> 7. CONTRACTOR shall, after award of this Contract, furnish two bonds to be approved by the I TY. <br /> one in the amount of One Hundred Percent (100%) of the Contract price, to guarantee the failliful <br /> perf"crinance of the work (Performance Bond), and one in the amount of One Hundred Percent (100%) <br /> of the Conti-act price to guarantee payment of all claims for labor and materials furnished (Payment <br /> Bond). 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 of'project acceptance. For projects tip to Five Hundred Thousand <br /> Dollars($500,000),the Warranty Bond amount shall be tile greater of"FenThousand 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 HundredThOUsand Dollars <br /> ($100,000) or'Ten Percent (t()%) of the final contract price. <br /> 9. CONTRACTOR shall, after award of this Contract, furnish Certificates of Liability Insurance and <br /> Worker's Compensation Insurance as outlined in the General Provisions,to be approved by the CITY, <br /> 10. 1"NDEININIFICATION. <br /> To the fullest extent allowed by law, CONTRACTOR and its Subcontractors hereby agree to defend, <br /> indemnify, and hold harmless CITY, its City, Council, boards and commissions, officers, agents, <br /> employees., representatives and volunteers (hereinafter collectively referred to as "Indetrinitees"), <br /> through legal counsel acceptable to CITY, from and against any liability, claims, actions, costs, <br /> damages or losses, including reasonable costs and attorney's fees, fior injury, including death to any <br /> person or damage to any property, arising directly or indirectly from, or in any manner relating to, any <br /> of the f'ollowing: <br /> (i) Performance or nonperformance of' the Work of improvement by CONTRAC'VOR or its <br /> Subcontractors of an), lower tier, <br /> Page 2 of 3 <br />