Opening of Bids - Three Twenty at the Cascade Glazed Assemblies Project No 118-074A - Precision Wall Systems Inc

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Dail Set Set Comb Wrenches Plumb Bob Angle Square Duster Chalk Line DEFINITIONS AND TYPES OF CONTRACTORS SIGNATORY EMPLOYER: Any Employer who is bound by the provisions ofthis Agreement as evidenced by his signature on an official Memorandum of Agreement and or Master Agreement. RE E 1,RENCE TO GENDER: The terms such as men, journeymen, he, his, or such, as used in this Agreement are only for the purpose of clarification and shall not be construed to mean either the male or female gender. SECTION 1: A Contractor or Employer is one who, in relation to any Corporation, Company, Partnership, Firm or other business Entity, is a substantial Owner, Partner, Officer, or in a permanent policymaking position. He shall not be allowed to work intermittently as a journeyman for another Employer, while he himself is engaged or recognized as a Contractor or Employer. SECTION 2: No member of the Union under this Agreement has the right to bid or figure any work against any signatory Employer. This does not exclude any Estimator of a signatory Employer from Union membership; this protects signatory Employers from unfair competition. SECTION 3: All new Employers must appear before the Joint Trade Board of the Local Union in whose geographical jurisdiction the Employer's principal place of business is located. The Union may enter into Collective Bargaining Agreements with an out -of -jurisdiction Contractor or Employer, only if, upon the prior written approval of the 1UPAT General President, the Local Union immediately notifies in writing that Local Union in whose jurisdiction the Employer's principal place of business is located that the agreement has been signed and forwards a complete signed copy ofthat agreement, SECTION 4: Journeymen out of work are allowed to take jobs on their own, but all work must be reported to the Business Representative. ARTICLE XXX Bonding SECTION 1: In order to secure payment of wages, fringe benefits and deductions payable under this Agreement and under any other Agreement requiring a similar security arrangement as identified herein which the Employer or Contractor has with a Local Union affiliated with District Council 91, each Employer or Contractor upon becoming a signatory contractor to this Agreement shall in one of the following ways post security with and in the name of District Council 91 of the International Union of Painters and Allied Trades, AFL-CIO and its affiliated Local Unions: A. By means of a surety bond in the sum of twenty-five thousand dollars ($25,000) underwritten by a surety company acceptable to District Council 91. Such a bond shall utilize the form which is attached to this Agreement, unless the Union otheiivise agrees in writing. B. By means of a cash deposit in the sum of twenty-five thousand dollars ($25,000) with a bank or trust company acceptable to District Council 91 provided through an escrow agreement binding such deposit to the payment ofwages, fringe benefits and deductions, and any later payment penalties thereto. The Employer or Contractor so depositing such funds shall be entitled to all interest earned by said deposit. The escrow agreement shall utilize the form which is attached to this Agreement and shall be with the escrow agent selected by District Council 91, unless the Union otherwise agrees in writing. 24