DOCUMENT

ITB - Art Barn Rehabilitation 2008

  • YEAR CREATED: 2008
  • ENTITY TYPE: County
  • TYPE OF DOCUMENT: BID - ITB, IFB, ITT, RFB
The document provides details about a construction project involving the rehabilitation of the Art Barn in the Town of Greenwich. It includes a certificate for payment, an affidavit for final payment, and information about the final estimate and payment process. The document states that the Superintendent, B.C.& M., will assess the final estimate of the work completed and the amount earned by the Contractor. The Town will then make a payment to the Contractor after deducting previous payments, charges, and retained amounts. Additionally, the document mentions that the Town will pay for the cost and expense of any repairs or replacements needed during the guarantee period. This cost will be covered from the amounts retained specifically for that purpose. The Contractor is responsible for rectifying any defects or failures during the one-year guarantee period following the completion and acceptance of the work. The Town will retain two percent of the total construction cost during this period to cover any necessary repairs. To receive the final payment, the Contractor must submit an affidavit confirming that all payrolls, bills, and other financial obligations related to the project have been settled. Furthermore, the consent of the surety to the final payment must be obtained. This ensures that all parties involved in the project are satisfied before the final payment is processed.
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