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� <br /> , <br /> ' AGREEMENT <br /> BETWEEN OWNER AND CONTRACTOR <br /> ON THE BASIS OF A STIPULATED PRICE <br /> , THIS AGREEMENT is by and between The City of Decatur <br /> ' (hereinafter called OWNER) and PC& E Inc. <br /> (hereinafter called CONTRACTOR}. <br />�� ' OWNER and CONTRACTOR, in consideration of the mutual covenants hereinafter set forth, agree as follows: <br /> - K <br /> ARTICLE 1 WOR <br /> � <br /> 1.01 CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The Work is <br /> generally described as follows: Design and specifications for the Installation of a SCADA system at the City's South <br /> ork as described under"S ecial Considerations" in CONTRACTORS Quotation #0017-5 <br />' ' Water Treatment Plant. W p <br /> shall be included in this contract. <br /> ARTICLE 2-CONTRACT TIMES <br /> ' <br /> 2.01 Time of the Essence <br /> ' A. All time limits for Milestones, if any, Substantial Completion, and completion and readiness for final payment <br /> as stated in the Contract Documents are of the essence of the Contract. <br />,, t 2.02 Dates for Substantial Completion and Final Payment <br />' A. The Work will be substantially completed by November 3, 2000. <br />, ' <br /> ARTICLE 3-CONTRACT PRICE <br />, � 3.01 OWNER shall pay CONTRACTOR for completion of the Work in accordance with the Contract Documents <br /> an amount in current funds equal to the sum of the amounts determined pursuant to paragraphs 4.01.A, and 4.01.B <br />, below: <br /> ' A. For all Work other than Unit Price Work, a Lump Sum of: <br /> � Thirtv Thousand Three Hundred Dollars ($ 30,300 ) <br /> All specific cash allowances are included in the above price . <br /> ' B. If additional work is required it will be performed on a time and material basis per our standard terms and <br /> conditions at the rates as shown on the rate sheet. Contractor will not proceed with any additional work until a <br /> change order is approved by the Owner. The change order form to be used is included with this contract. <br /> ' ARTICLE 4-PAYMENT PROCEDURES <br /> � 4.01 Submiital and Processing of Payments <br /> A. CONTRACTOR shall submit Applications for Payment on a monthly basis.The% complete will be stated on <br /> ' the invoice and will be the basis for the payment request. <br /> I <br /> ' 1 <br />