10-2160 Agreement with Courtesy Towing for Towing, Recovery and Vehicle Storage Services

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All bonds (Bid Surety and/or P&P) are to be issued from a company licensed to sell bonds in the State of Florida and with a rating no less than A in the Best Key Rating Guide. The City has the right but not the obligation to verify that these requirements are met. The Performance & Payment (P&P) Bond must be delivered to the City on the specified date, but in no event later than the commencement date to perform work under the contract. Failure or neglect to deliver said bonds as specified shall be considered as having abandoned or defaulted under the contract, and the City shall have the right to exercise any and all legal or equitable rights against the successful Contractor that the City deems are in the best interests of the City including, but not limited to, a claim for damages (including reimbursement of attorney's fees and costs incurred by the City), termination of the contract, and selection of another Contractor to perform the work. Letters of Credit are not acceptable in lieu of the required bonds. The P&P Bond must be effective from the cormnencement date of the project until the City has acknowledged in writing that the project has reached final completion and all persons that provided labor, services, and materials for the prosecution of the work provided for in the contract have been fully paid. Be advised that the surety or sureties must agree to adjust the bonds to the contract price as it may be modified by approved change orders and will be deemed to legally and conclusively waive notice of such change. P&P Bond will be required by the successful Contractor within three days after commencement of any services pursuant to this Agreement. Each Contractor shall submit with their response a signed letter from their surety company which details their bonding capacity. Successful Contractor shall provide an updated letter on an annual basis upon the City's request. BOND The Contractor, if awarded Bid, must post a cash bond in the amount of $1000.00 with the City Clerk of the City of Casselberry to be used by said City in the event the Contractor fails to provide wrecker service as required in these specifications for the purpose of defraying costs incurred by the City of Casselberry in making adequate arrangements for the removal of wrecked, illegally parked, or abandoned vehicle. LICENSES Please make sure Licenses (Occupational, State etc.) and Certifications (Florida Certified Towing and Recovery Operator Certificate, Nationally Certified Tow Operator, Nationally Certified Master Tower, Community Emergency Response Team Certificate etc.) are attached with Bid sheets. Any Bid sheet submitted without requested licenses and certificates will be disqualified. BID PRICES The Contractor warrants by virtue of bidding that the prices, terms and conditions quoted in this bid will be firm for a period of ninety (90) days from the date of the bid opening unless otherwise specified by the Contractor, and shall not be amended after the date and time of the bid opening. Any attempt by a successful Contractor to amend said bid prices except as otherwise provided herein shall constitute a default. Amounts specified herein are for fixed price work or products, including all prices for equipment, labor and materials required to perform the work or deliver the product(s) specified herein. The Contractor, having familiarized itself with the local conditions, and conditions listed here, proposes to furnish all labor, materials, equipment and other items, facilities and services, without exception, for the proper execution and completion of the contract, and if awarded the contract, to complete the required work or deliver the required product(s) as specified within the bid/proposal package set forth by the City of Casselberry. 11