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04-13-15 Agenda, Packet & Committee Meeting Notice
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04-13-15 Agenda, Packet & Committee Meeting Notice
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
4/13/2015
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or equipment generated by Ameresco's construction work hereunder. <br />(iv) Amereseo shall permit Customer or any of its representatives to enter upon the <br />Project site to review or inspect construction work, provided, in each case, the <br />Customer and /or its representatives make reasonable efforts to coordinate such <br />review or inspection with Amereseo and agree to comply with all applicable federal, <br />state and local safety laws, rules and regulations, including, without limitation, those <br />promulgated by the U.S. Department of Labor Occupational Safety- & Health <br />Administration. <br />(v) Amteresco shall provide equipment manuals, as -built dm ings and other appropriate . <br />information regarding equipment installed hereunder to Customer at or about the <br />time of Substantial Completion (as such term is defined in Section 4). <br />(vi) ;lmeresco shall provide the training described in Attachment II. Such training is <br />included in the Contract Cost unless included as a separate cost in Attachment 1. <br />SECTION 2 Ownershin of ECM(0 <br />Ownership and title to each FCA1 or portion thereof as applicable, shall automatically pass to <br />Customer upon Amerego's receipt of both (i) the executed Substantial Completion Certificate <br />(Attachment D(31), or each Percent Complete Acknoe- ledgement Certificate (.LVrachment D421), <br />(including Customer Im-ment certification) delivered pursuant to Section 4 for such ECAI or portion <br />thereof, and (ii) the indefeasible payment in full of all of Customer's pat•ment obligations to Amereseo <br />pursuant to such Substantial Completion Certificate or Percent Complete Acknowledgement <br />Certificate for such installed 1CAi or portion thereof Prior to satisfaction of the conditions set forth <br />in (i) and (ii) in the previous sentence with respect to all HCAI or portion thereof, title to each 17C.M <br />or portion thereof shall remain in the name of ameresco. 1f nomithstanding tae intent of the Parties, <br />Customer is deemed to hold title to am• or all of the ICAfs or portion thereof prior to the satisfaction <br />of the conditions set forth in (i) and (ii) above, as security• for the payment in full of the Customer's <br />obligations with respect to each such F.CM or portion thereof, Customer hereby assip is, transfers and <br />grants to Amereseo a security interest in such I?Ctlfs. <br />SECTION 3 Financing and Ability to Pay <br />By its execution of this Agreement, Customer herebt- represents and warrants to ,lmeresco that <br />Customer has taken all meeessary step., to secure adequate funds for payment of the Contract Cost. <br />SECTION 4 Contract C Monthly Progress Payments <br />(a) Subject to the terms of this Agreement, Amteresco shall perform the Scope of Services at a <br />contract cost of DOUR AI11I.I0N, EIGHT HUNDRED FIFFY PINT' THOUSAND <br />blGHT IfUNDRED NiNFXY SF.\T and 00 /100 Dollars (54,855,89771 (subject to <br />adjustment as provided in Section 8, the "ContractCosr). <br />(b) Upon execution of this ;agreement and deliver by Customer to ameresco of the Notice to <br />Proceed, substantially in the form attached to this ;agreement as .attachment F, Customer <br />shall pay Amereseo ten percent (10 "'o of the Contract Cost for mobilization. 'I11ereafter, <br />Areresco shall submit invoices to Customer for monthly progress payanents to :ameresco <br />
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