CONTRACT AGMEMENT

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CONTRACT AGMEMENT
KNOW ALL MEN BY TFtr,SE PRESENTS:
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TIIIS AGREEIV{ENT, made this 28th day of March, 2014 at Bacolor, Pampanga by
and between
the DON HONORIO VENTLIRA TECTHNOLO.GICAL
STATE
UNMRSITY
represented herein by ENRIQIfE G. BAKING, IJniversity
President, with office address at Bacolor, Pampanga, hereinafter called the
"Entirv-",
and
represented b_v
ROY T. ESPIRITII, General
of San Femando, Pampanga"
Manager/Owner, with offrce address at City
hereinafter called the "Contractor",
WITHNESSETH
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WHEREAS, the Entity is desirous that the L'.ontractor execute the the
CONSTRTICTION OF GENERAL OFFICE BLIILDING (P}IASE 2), DHVTSTI,
Bacolor, Pampanga hereinafter called the "Works" and the Entit-v has accepted the
Bid of the Contractor for the execution and completion of such Works and the
remedying of any defects thereinl
\I:FIEREAS, the Works has been undertaken through Competitive Public
Itidding;
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WHEREAS. the total amount of award for completion of the Works is NINE
N,IILLION SEVEN HLTNDRED SEVENTY-NINE THOTTSAND NINE
HT,INDRED NINETY PESOS E 9,779,990.00).
WHEREAS, the whole Works in this PRO.IECT as covered b.v this
CONTRAC--T shall be completecl within ONE HLTNDRED FIFTY (150) calendar
days in accordance with the provisions of the Bid documents;
NOW THIS AGREEIvIENT WITNESSETH AS FOLLOWS:
ln this Agreement, words and expressions shall have the same meanings as are
respectively assigned to them in the Conditions of the Contract hereinafter
referred to.
2.
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1.
The following documents shall be attached, deemed to form, and be read ancl
construed as part of this Agreement, to wit:
Bid Form accomplished and submitted
including the following annexes:
i. Authority of the Signing Official
ii. Bid Prices in the Bill of Quantifies
iii. Detailed Estimates
iv. Construction Schedule & S-Curve
v. Construction Methods
vi. Project Organizational Chart
vii. Person Power Schedule
(a).'I-he
by the Contractor
viii. List of Clontractor's Personnel
ix.
x.
xi.
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(b)
(c)
(d).
(e).
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Equipment Utilization Schedule
List of Contractor's Equipment Units
Bid Security
xii. Ca.sh F low and Payment Schedule
xiii. Omnibus Swom Statement
Contraot Agreement
DrawingvPlans
lnvitation to Bid
Speciflcations
Instruction lo l-]itldcrs
Performance Bond
Post Qualification Report
Certificate of Cash for Operating Expenses I Periodic Cash Flow
Notice of Award to Contractor and Clontractor's Conforme therelo
Other pertinent doouments as may be required
In consideration of thc payments to be made by the Entitl to the Contractor as
hereinafier mentioned, the Contractor hereby covenants with the Entily to
execute and complete the Works and remedy any defccts therein in
conformity with the provisions of this Contract in all respects.
The Entity hereby covenants to pay the Contractor in consideration of the
execution and completion of the Works and the remedying of defects wherein,
the Contract Price or such other sum as may become payable under the
provisions of this Contract al lhe timcs and in the manner prescribed b-v this
4
Contract.
That the Entity hereby covenants to pay the Contractor in consideration of the
execution and completion o1'the Works at the unit prices agreed in the Tender,
at the time in the manner prescribed by the Contract and specified in the Bid.
It is understood that the quantities listed in the Proposal do not govem final
paymont; hence paymenl to the Contractor will be made only for acrual
quantities of contract items performed in accordance with the plans and
specifications and accepted by the Enlity.
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CONS′『 Rt(ll` 10N01`
Bacolor. Pam
GEN皿 ばヽLO「 FI(]E BUILDING(PHASE 2),DIIVTS【
tlni Cost
Ihsff,ption
Itcm No.
l
El∝ tlcal Wor愚
m
Plumbing
』
Tilewrtrks
Pahting
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74,07000
1036890(,t)
そill
al
197,90000
197,90000
2,787,10000
278710000
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(Pcsos
74,07000
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Total Cost
1,036,89000
1,835,93000
1 1684100(,
1,513.00000
all
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& Windou,s
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N{ob ization / Dcmobilization
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1,835,930()0
1 1684100()
1,513,0()000
1,166,69000
1,166.69000
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IN WITNESS WHEREOF, the parties thereto
har,'e caused
this Agreement to
be executed the day and year f,rst before written.
DON HONORIO VE…
A
RTE CONSTRUCTION
TECI― INOLOGIC′ 也 STATE LDaVERSITY
Bacolor,Pampanga
Ctt of San Fcmalldo,PamparEa
Bv:
BAKNG,Ed.D.
ROY T.ESPIRITU
Gcncral ⅣIanagcr/0恥ncr
WITNESSES:
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O
ACKNO恥 アLEDGELIENT
,
∽崚りC〓ヽ
Republic ol the Philippines .)
Province of Pampanga /
h,lunicipality oJ
BEFORE ME,
Sr.S.
日
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public in and for the Philippines, personally appeared
ENRIQUE G. BAKING, President of DF[\,'TSU, with Residence Certificate No.
3!-5454 issued at Bacolor, P4lqpangA on lanUaty 10, 2014 and ROY T.
ESPIRITU, General Manager / Owner of RTE CONSTRUCTION with Residence
Certificate No. 29026782 issued at Clity of San Fernando, Pampanga on Janu4ry- ,7.
2014 known to be the same persons who executed the foregoing instrument and who
acknowledged to me that the same is their free voluntary act and deed for the purpose
therein stated and for entities they respectfully represent.
a notary
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IN WITNESS W}{EREOF, I
seal to this
have hereunto set m.v hands and affix my notarial
instrument this
day of
at the
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