HomeMy WebLinkAboutContract 49452 CITY 815CRI55TARY
CONTRACT NO. L
Developer and Project Information Cover Sheet:
Developer Company Name: Quail Valley Devco I,LLC
Address, State,Zip Code: 8401 N. Central Expressway, Suite 350,Dallas, TX 75225
Phone&Email: 214-292-3410, cyeager@republicpropertygroup.com
Authorized Signatory,Title: Clint Yeager, Vice President
Project Name and Brief Walsh Ranch Quail Valley Phase 1C On-Site
Description:
Project Location:
Plat Case Number: FP-16-049 Plat Name: Walsh Ranch Quail Valley Phase 1C
Mapsco: 761 G Council District: 3 City Project Number: 100454
CFA Number: 2016-103 DOE Number: None
To be completed b staff
Received by: Date: 7
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 1 of 1
ESCROW AGREEMENT
THIS ESCROW AGREEMENT (the "Agreement"), entered into as of this day
of , 20 , by and among Quail Valley Devco I,LLC ("Developer"), the City of Fort
Worth, a Texas municipal corporation ("Fort Worth") and American Escrow Company ("Escrow
Agent") is to witness the following:
WHEREAS, Developer and Fort Worth have entered into a Community Facilities
Agreement for Walsh Ranch Quail Valley Phase 1C (CFA# 2016-103, DOE# 100454 City
Secretary No. ,) in the City of Fort Worth, Tarrant County, Texas (the "CFA"); and
WHEREAS, the CFA provides that Developer shall submit to Fort Worth performance
bonds, cash deposits or other financial security acceptable to Fort Worth (collectively, the
"Financial Security") for the purpose of guaranteeing satisfactory compliance by Developer with
all requirements, terms, and conditions of the CFA (the "CFA Obligations"); and
WHEREAS, the Developer previously executed a Completion Agreement (City
Secretary Contract No. 48428) as financial security for the project; and
WHEREAS, the Developer desires to replace the Completion Agreement with this
Escrow Agreement; and
WHEREAS, City staff has determined that the amount of this Escrow Agreement is
adequate financial security to guarantee satisfactory compliance by the Developer with all CFA
Obligations; and
WHEREAS, Developer and Fort Worth desire and agree that Developer be allowed to
escrow and pledge cash deposits to Fort Worth, to be held by Escrow Agent, as an escrow agent,
in complete satisfaction of the obligation to submit the Financial Security to secure the
performance of the CFA Obligations.
NOW THEREFORE, for and in consideration of these recitals, ten dollars ($10.00) and
other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby
acknowledged,the parties hereto hereby agree as follows:
SECTION 1. DEFINED TERMS.
For the purposes of this Agreement, unless the context otherwise clearly requires, the
following terms shall have the following meanings:
"Security Funds" shall mean the cash deposit of one million, four hundred ninty nine
thousand, four hundred forty four dollars and thirty one cents ($ 1,499,444.31), which
sum represents one hundred twenty-five percent (125%) of the estimated Developer's
cost of constructing the CFA Obligations (the "Estimated Developer's Cost").
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 2 of 2
"Lien" shall mean any lien, security interest, charge, tax lien, pledge or encumbrance
designed to secure the repayment of indebtedness or the satisfaction of any other
obligation to a third party not a party of this Agreement.
SECTION 2. SECURITY FUNDS.
As financial security for the full and punctual performance of the CFA Obligations,
Developer hereby pledges, assigns, and transfers to Fort Worth, and hereby grants to Fort Worth
a security interest in the Security Funds and all rights and privileges pertaining thereto with the
exception of the interest income to be derived therefrom (which interest income shall remain the
property of Developer and shall be distributed by Escrow Agent in accordance with Developer's
periodic instructions) subject, however, to the terms, covenants, and conditions hereinafter set
forth. The security interest granted and the assignments made hereunder are made as security
only and shall not subject the City of Fort Worth or Escrow Agent to, or transfer or in any way
affect or modify, any obligation of Developer with respect to the CFA Obligations or any
transaction involving or giving rise therefrom.
SECTION 3. PHYSICAL POSSESSION OF SECURITY FUNDS.
Concurrently with the execution of this Agreement, Developer shall have delivered to
and deposited with Escrow Agent the Security Funds. The parties acknowledge and agree that
Escrow Agent shall be required to segregate the Security Funds from other funds held by Escrow
Agent for Developer in accordance with the normal practices of Escrow Agent acting as an
escrow agent. Escrow Agent shall return all funds on deposit representing or evidencing the
Security Funds remaining in its possession to Developer (or take such other action as Developer
may request or direct) immediately after receipt of written notice from Fort Worth that the CFA
Obligations have been fully performed. During such time as Escrow Agent has possession of the
Security Funds, Escrow Agent shall furnish to the City of Fort Worth (when requested by Fort
Worth) written acknowledgments signed by an officer of Escrow Agent detailing the amount of
the Security Funds. Fort Worth's rights in the Security Funds shall be superior to those of
Escrow Agent's notwithstanding any terms or understandings (written or otherwise) between
Developer and Escrow Agent.
SECTION 4. COVENANTS.
(a) Affirmative Covenants. So long as any of the CFA Obligations remain unperformed,
Developer covenants and agrees that Developer will:
(i) from time to time execute and deliver to Fort Worth all such assignments,
certificates, supplemental writings, and other items and do all other acts or
things as Fort Worth may reasonably request in order to evidence and perfect
the security interest of Fort Worth in the Security Funds;
(ii) furnish Fort Worth with information which Fort Worth may reasonably
request concerning the Security Funds;
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 3 of 3
(iii) notify Fort Worth of any claim, action, or proceeding affecting title to the
Security Funds or Fort Worth's security interest(s)therein; and
(iv) adjust the Security Funds to an amount equal to the actual contract price,
including revisions thereto, if the original Security Funds were based on an
engineer's estimate of costs.
(b) Negative Covenants. So long as any of the CFA Obligations remain unperformed,
Developer covenants and agrees that Developer will not:
(i) assign or transfer any rights of Developer in the Security Funds; or
(ii) create any Lien in the Security Funds, or any part thereof, or permit the same
to be or become subject to any Lien except the security interest herein created
in favor of Fort Worth.
SECTION 5. EVENTS OF DEFAULT.
Developer shall be in default under this Agreement only upon the happening of any of the
following events (a"Default"):
(a) default in the timely payment for or performance of the CFA Obligations after written
notice thereof has been given to Developer and Escrow Agent and such default is not
cured within seven (7) days after such notice;
(b) any affirmative or negative covenant is breached by Developer.
SECTION 6. RIGHTS AND REMEDIES OF FORT WORTH UPON AND AFTER
DEFAULT.
(a) Remedy. Upon the occurrence of a Default, Fort Worth shall have the right to direct
Escrow Agent to transfer to Fort Worth all of the Security Funds. Escrow Agent is
hereby authorized to transfer the Security Funds immediately upon the receipt of a
written statement purporting to be executed by an authorized representative of Fort
Worth stating that:
(i) a Default by Developer has occurred related to the CFA Obligations;
(ii) written notice of such Default has been given by Fort Worth to Developer and
Escrow Agent and such Default was not cured within seven (7) days after
delivery of such notice; and
(iii) Fort Worth is entitled to have the Security Funds transferred in accordance
with the Agreement.
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 4 of 4
(b) Notices. Any notice required or permitted to be given to any party hereto shall be
given in writing, shall be personally delivered or mailed by prepaid certified or
registered mail to such party at the address set forth below, and shall be effective
when actually received.
To Developer:
Quail Valley Devco I,LLC
Attention: Clint Yeager
8401 N. Central
Dallas , TX 75225
To: Escrow Agent:
American Escrow Company
Attention: Carla D. Janousek
2626 Howell Street, 10th Floor
Dallas , Texas 75204
Email: CJanousek@republictitle.com
Phone: (214) 855-8888
To: City of Fort Worth
City Of Fort Worth
Attn: City Treasurer
1000 Throckmorton
Fort Worth, TX 76102
With a copy to:
City of Fort Worth
Attn: CFA Administration
1000 Throckmorton
Fort Worth, TX 76102
Any party may change its address for notice by giving all other parties hereto notice to
such change in the manner set forth in this Section no later than ten (10) days before the effective
date of such new address.
SECTION 7. EXCLUSIVE RIGHTS AND REMEDIES.
If the Developer fails to perform its obligations under the CFA, Fort Worth's sole and
exclusive remedy shall be to complete the obligations of Developer at Developer's expense. In
furtherance of such sole and exclusive remedy, Fort Worth is entitled to exercise its rights as set
forth in Section 6 hereof.
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 5 of 5
SECTION 8. SUBSTITUTION OF COLLATERAL.
Notwithstanding any contrary provision in this Agreement, Developer shall have the
right, at any time and from time to time, to obtain releases of all or any part of the Security Funds
(hereinafter called the "Released Collateral")upon satisfaction of the following conditions:
(a) Developer shall provide Fort Worth and Escrow Agent written notice (the
"Substitution Notice") that the Developer desires to obtain Released Collateral in
exchange for a contemporaneous substitution of an alternate Financial Security
acceptable to Fort Worth (as specified and described in the Substitution Notice); and
(b) Developer shall pledge to, or obtain for the benefit of Fort Worth, and deliver to Fort
Worth the alternate Financial Security acceptable to Fort Worth (the "Substituted
Collateral") which Substituted Collateral shall in the aggregate be at least equal to the
Estimated Developer's Cost; and
(c) Said Substituted Collateral shall be of sufficient amount(s) to cover all work which
has occurred prior to the substitution of collateral provided for in this Section.
Upon satisfaction of the above-specified conditions, Escrow Agent shall be authorized
(without the further consent of Fort Worth) to return to Developer the original Security Funds in
Escrow Agent's possession that represent or evidence the Released Collateral or take such other
action with respect to the Released Collateral as Developer may request or direct. Developer
shall pay the expenses incurred by Escrow Agent In connection with obtaining each such release
and substitution.
SECTION 9 PERIODIC WITHDRAWAL OF COLLATERAL.
Notwithstanding any contrary provision in this Agreement, Developer shall have the right to
periodic withdrawals of the Security Funds (hereinafter called the "Withdrawn Collateral"),upon
satisfaction of the following conditions:
(a) Developer shall provide the City of Fort Worth and Escrow Agent with written notice
(the "Withdrawal Notice") that Developer desires to obtain the Withdrawn Collateral
in any amount less than or equal to the then-completed CFA Obligations as inspected
or accepted by Fort Worth; and
(b) the balance of the Security Funds after withdrawal of the Withdrawn Collateral is at
least equal to the estimated value of the CFA Obligations then remaining to be
performed (such remaining value is hereinafter called the "Estimated Cost to
Complete").
The Withdrawal Notice shall include a description of the Withdrawn Collateral and Developer's
calculation of the Estimated Cost to Complete. Upon receipt of the Withdrawal Notice, Fort
Worth shall have seven (7) calendar days to notify Developer of Fort Worth's objection to
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 6 of 6
Developer's calculation of the Estimated Cost to Complete by providing Developer with Fort
Worth's calculation of the Estimated Cost to Complete. The grounds for any objection are
limited solely to a good faith determination by Fort Worth that the balance of the Security Funds
is insufficient to cover the Estimated Cost to Complete. If Fort Worth fails to timely notify
Developer and Escrow Agent of any objection, then Developer's calculation shall be deemed to
have been accepted and approved by the City of Fort Worth and Escrow Agent is authorized to
release the Withdrawn Collateral requested by Developer without delay. In the event a written
objection is timely filed by Fort Worth and Fort Worth's calculation is within a range of five
percent (5%) of Developer's Estimated Cost to Complete, then Developer shall be allowed to
withdraw the amount corresponding to Fort Worth's calculation of the Estimated Cost to
Complete. If Fort Worth's calculation of the Estimated Cost to Complete is outside a range of
five percent (5%) of Developer's Estimated Cost to Complete, then Fort Worth and Developer,
through a designated representative, will reconcile the calculations and jointly approve an
Estimated Cost to Complete and advise Escrow Agent to disburse the amount as jointly
determined.
If after the expiration of two (2) years from the date of this Agreement either:
(i) none of the CFA Obligations have been performed; or
(ii) there has been partial performance but the term of the CFA has not been extended
by Fort Worth;then
in either event, the City of Fort Worth shall be entitled to receive the Security Funds as specified
in Section 6 and construct the improvements contemplated in the CFA.
SECTION 10. NON-ACCESSIBILITY OF FORT WORTH'S RIGHTS.
The rights, powers, and interests held by Fort Worth hereunder in and to the Security
Funds may not be transferred or assigned by Fort Worth in whole or in part. Any attempted
transfer or assignment shall be absolutely void and shall entitle Developer to a release of all
Security Funds.
SECTION 11. NO WAIVER.
No waiver by Fort Worth of any Default shall be deemed to be a waiver of any other
subsequent Default. No delay or omission by Fort Worth in exercising any right or power
hereunder shall impair any such right or power or be construed as a waiver thereof, nor shall any
single or partial exercise of any such right or power preclude other or further exercise thereof.
SECTION 12. BINDING EFFECT.
This Agreement shall be binding on the parties, their successors and assigns. No
provision of this Agreement may be amended, waived, or modified except pursuant to a written
instrument executed by Fort Worth, Escrow Agent and Developer.
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 7 of 7
SECTION 13. CHOICE OF LAW.
This Agreement is to be construed and interpreted in accordance with the laws of the
State of Texas.
SECTION 14. COUNTERPARTS.
This Agreement may be executed in any number of multiple counterparts and by different
parties on separate counterparts, all of which when taken together shall constitute one and the
same agreement.
SECTION 15. INDEMNITY.
Developer hereby agrees to release, hold harmless, and indemnify Escrow Agent
(and its directors, officers, employees, agents and representatives) from and against all
claims, damages, expenses, costs, suits and other liability of any kind whatsoever that arise
out of or are directly or indirectly related to the performance by Escrow Agent of its duties
hereunder except for the gross negligence or willful misconduct of Escrow Agent or its
directors, officers, employees, agents or representatives and Developer hereby agrees to
release, hold harmless, and indemnify Fort Worth (and its respective directors, officers,
employees, agents and representatives) from and against all claims, damages, expenses,
costs, suits and other liability of any kind whatsoever that arise out of or are directly or
indirectly related to any actions or inaction by Fort Worth with respect to this Agreement.
SECTION 16. PAYMENT OF ESCROW FEES
Developer will be responsible for the payment of all fees to Escrow Agent associated
with this Agreement.
REMAINDER OF THIS PAGE INTENTIONALLY BLANK
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 8 of 8
ACCORDINGLY, the City of Fort Worth, Developer and Escrow Agent have each
caused this instrument to be executed in quadruplicate in each entity's respective name by its
duly authorized signatories effective as of the date executed by the City Manager or his/her
designee.
CITY OF FORT WORTH DEVELOPER
Quail Valley Devco I LLC
Jesus J. Chapa
Assistant City Manager Name: Clint Yeager
Title: Vice Pre ' ent
Date:
Date: /
Approved at to Form &Legality:
ESCROW AGENT
American Escrow Company
Richard A. McCracken
Assistant City Att1,oey ✓��
M&C No.
Date: 1 7 Name: William A.Kramer
Form 1295: Title: Executive Chairman
ATTEST: Date:
yVOR P i
Mary J.
City Secretary
•S
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 9 of 9
ATTACHMENT "1"
Changes to Standard Agreement
Escrow Pledge Agreement
The Following Recitals were added to the Agreement:
WHEREAS, the Developer previously executed a Completion Agreement (City
Secretary Contract No. 4674 1) as financial security for the project; and
WHEREAS, the Developer desires to replace the Completion Agreement with
this Escrow Agreement; and
WHEREAS, City staff has determined that the amount of this Escrow Agreement
is adequate financial security to guarantee satisfactory compliance by the Developer with
all CFA Obligations; and
1. Escrow Agent is not a party to, or bound by any agreement which may be deposited under,
evidenced by, or which arises out of the foregoing instructions
2. Escrow Agent acts hereunder as a depository only and is not responsible or liable in any
manner whatever for the sufficiency, correctness, genuineness, or validity of any instrument
deposited with it hereunder,or with respect to the form or execution of the same, or the identity,
authority, or rights of any person executing or depositing the same
3. Escrow Agent may act act upon any notice,request,waiver, consent,receipt,or other paper
or document believed by Escrow Agent to be genuine and to be signed by the proper party or parties
4. Escrow Agent may consult with legal counsel in the event of any dispute or questions as to
the construction of the foregoing instructions, or Escrow Agent's duties hereunder.
5. The parties hereto consent and agree that Escrow Agent shall have no liability for any
defalcation, insolvency,receivership or conservatorship of the depository institution,which is Texas
Capital Bank. The escrow account will be fully segregated from all other accounts under the
designated GF Number J 7S'b D3S"G k&
6. For its ordinary services hereunder, Escrow Agent shall be entitled to a fee of$800.00,
payable concurrently with its acceptance hereof
7. Any notice required or permitted hereunder, including a change of address or email, shall be
made by: (i)certified mail,return receipt requested, addressed to the parties hereto and specified
herein, or(ii)by overnight special delivery service such as Federal Express addressed as in "(i)"
above, or(iii)by personal delivery with receipt of such delivery,with each of(i), (ii)or(iii)being
accompanied by an email of such notice as provided herein
8. The following changes are hereby made to the first full paragraph of Section 9 of the Standard
Agreement: (i)the words "and Escrow Agent" are added after the words "notify Developer" and after
the words "providing Developer", and(ii)the phrase "Escrow Agent shall have no responsibility or
duty to determine such calculations" are added to the end of the last sentence after the word
"determined".
City of Fort Worth,Texas
Escrow Pledge Agreement to replace Completion Agreement
CFA Official Release Date: 10.31.2016
Page 9 of 10
00 42 43
DAP-BID PROPOSAL
Page I of 5
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM-Walsh Ranch Quail Valley Phase 1 C
UNIT PRICE BID Bidder's Application
Project Item Information Bidder's Proposal
Bidlist Item Specification Unit of Bid
Description Unit Price Bid Value
No. Section No. Measure Quantity
UNIT I:WATER IMPROVEMENTS
1 3312.2003 1"Water Service 33 12 10 EA 10 $900.00 $9,000.00
2 9999.0011 Temporary Automatic Flushing Valve 00 00 00 EA 1 $16,500.00 $16,500.00
3 3312.0002 Water Sampling Station 33 12 50 EA 2 $1,500.00 $3,000.00
4 9999.0042 1"Water Service Connection to Existing 16" 33 12 10 EA 28 $2,000.00 $56,000.00
5
6
7
8
9
77��7
TOTAL UNIT I:WATER IMPROVEMENTS $84,500.00
CITY OF FORT WORTH
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS WALSH RANCH-QUAIL VALLEY-PHASE 1 C
Form Version September 1,2015 HZ PROJECT 8303061.02
00 42 43
DAP-BID PROPOSAL
Page 2 of 5
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM-Walsh Ranch Quail Valley Phase 1C
UNIT PRICE BID Bidder's Application
Project Item Information Bidder's Proposal
Bidlist Item Specification Unit of Bid
No. Description Section No. Measure Quantity Unit Price Bid Value
UNIT II:SANITARY SEWER IMPROVEMENTS
2 3292.0201 Utility Service Surface Restoration Seeding 32 92 13 SY 6,000 $2.00 $12,000.00
3 3305.0110 Utility Markers 33 05 26 LS 1 $5,000.60 $5,000.00
4 9999.0046 8"SDR-26 Pressure Rated Pipe 00 00 00 LF 1,600 $42.00 $67 200.00
5 9999.0047 8"SDR-26 Pressure Rated Pipe,CSS 00 00 00 LF 20 $62.00 $1,240.00
6 3305.0116 Concrete Encasement for Utility Pipes 33 05 10 CY 3 $150.00 $375.00
7 9999.0052 4"Sewer Service-Pressure Rated 00 00 00 ItA 19 $950.001 $18,050.00
8
9
10
TOTAL UNIT II:SANITARY SEWER IMPROVEMENTS $103,865.00
CITY OF FORT WORTH
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS WALSH RANCH-QUAIL VALLEY-PHASE IC
Form Version September 1,2015 HZ PROJECT 8303061.02
00 42 43
DAP-BID PROPOSAL
Page 3 of 5
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM-Walsh Ranch Quail Valley Phase 1C
UNIT PRICE BID Bidder's Application
Project Item Information Bidder's Proposal
Bidlist Item Specification Unit olid
No. Description Section No. Measure Quantity Unit Price Bid Value
UNIT III: DRAINAGE IMPROVEMENTS
1 3349.5001 10'Curb Inlet 33 49 20 EA 76 $2,600.00 $197,600.00
2 3349.5002 15'Curb Inlet 33 49 20 EA 2 $3,600.00 $7,200.00
3 3349.7001 4'Drop Inlet 33 49 20 EA 9 $4,000.00 $36000.00
4 3349.1003 24"Flared Headwall 1 pipe 33 49 40 EA 1 $2,000.00 $2,000.00
5 3349.1005 30"Flared Headwall 1 pipe 33 49 40 EA 2 $2,500.00 $5,000.00
6 13349.3002 21"Straight Headwall 1 pipe 33 49 40 EA 1 $1,850.00 $1,850.00
7 3349.3003 24"Straight Headwall 1 pipe 33 49 40 EA 3 $2,000.00 $6,006.00
8 3349.3004 27"Straight Headwall 1 pipe 33 49 40 EA 1 $2,500.00 $2,500.00
9 3349.3005 30"Straight Headwall 1 pipe 33 49 40 EA 2 $3,000.00 $6,000.00
10 3349.3009 42"Straight Headwall 1 pipe 33 49 40 EA 1 $4,000.00 $4,000.00
11 3305.0112 Concrete Collar 33 05 17 EA 39 $250.00 $9,75 .00
12 3136.0104 Twisted Gabion Mattresses 31 3600 ICY 30 $200.00 $5,900.00
13 3137.0104 Medium Stone Riprap,dry 31 3700 SY 588 $55.00 $32,340.00
14 9999.0021 Structural Concrete Structures 00 00 00 CY 303 $650.00 $196,950.00
15 9999.0010 Remove Ex. Inlet and RCP and Conn.To 00 00 00 LS 3 $2,000.00 $6,000.00
16 3305.0106 Manhole Adjustment, Major 33 05 14 EA 1 $2,500.00 $2500.00
17 13301.0002 Post-CCTV Inspection 3301 31' LF 6,582 $2.00 $13,164.00
18 9999.0024 Connect to Existing RCP 00 00 00 EA 1 $1,000.00 $1,000.00
19 9999.0025 Connect to Existing RCP by CORE 00 00 00 EA 1 $2,500.00 $2,500.00
20 9999.0030 12"Parallel Headwall-1 pipe 00 00 00 EA 2 $1,500.00 $3 000.00
21 3137.0103 Large Stone Riprap,grouted 31 3700 SY 290 $150.00 $43,500.00
22 9999.0045 Drop Inlet Apron Demolition& 00 00 00 IEA 1 $2 500.001 $2,500.00
TOTAL UNIT III: DRAINAGE IMPROVEMENTS1 $587,254.00
CITY OF FORT WORTH
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS WALSH RANCH-QUAIL VALLEY-PHASE I C
Form Version September 1,2015 HZ PROJECT R303061.02
00 42 43
DAP-BID PROPOSAL
Page 4 of 5
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM-Walsh Ranch Quail Valley Phase 1 C
UNIT PRICE BID Bidder's Application
Project Item Information Bidder's Proposal
Bidlist Item Specification Unit of Bid
No. Description Section No. Measure Quantity Unit Price Bid Value
UNIT IV: PAVING IMPROVEMENTS
1 3213.0101 6"Conc Pvmt 32 13 13 SY 5,869 $32.00 $187,808.00
2 9999.0009 6"Conc. Pvmt(Alley) 32 13 13 SY 1,766 $33.00 $58,278.00
3 9999.0006 Street Header 00 00 00 LF 19 $20.00 $380.00
4 3217.0501 24"SLD Pvmt Marking HAE(W) 32 17 23 LF 126 $12.00 $1,512.00
5 3441.4003 Furnish/Install Alum Sign Ground Mount 3441 30 EA 88 $650.00 $57,200.00
6 9999.0005 Type III Barricade 00 00 00 1 EA 1 $800.00 $800.00
7 9999.0023 Remove and Dispose of Existing Barricade 00 00 00 EA 8 $300.00 $2,400.00
8 0241.1000 Remove Conc Pvmt 0241 15 SY
702 $12.00 $8,424.00
9 3213.0104 9"Conc Pvmt 32 13 13 SY 911 $63.95 $58,258.45
10 3211.0502 8"Lime Treatment 3211 29 SY 1,140, $3.00 $3,420.00
11 19999.0027 Connect To Existing Concrete Pavement By 00 00 00 LF 2 053 $12.00 $24,636.00
12 9999.0038 Red Curb w/4"White No Parking Marking1000000 LF 3470 $6.00 $20,820.00
TOTAL UNIT IV:PAVING IMPROVEMENTS $423,936.45
CITY OF FORT WORTH
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS WALSH RANCH-QUAIL VALLEY-PHASE 1 C
Form Version September I,2015 HZ PROJECT 8303061.02
00 42 43
DAP-BID PROPOSAL
Page 5 of 5
SECTION 00 42 43
Developer Awarded Projects-PROPOSAL FORM-Walsh Ranch Quail Valley Phase 1 C
UNIT PRICE BID Bidder's Application
Project Item Information Bidder's Proposal
Bidlist Item Specification Unit of Bid
No. Description Section No. Measure Quantity Unit Price Bid Value
Bid Summary
UNIT I:WATER IMPROVEMENTS $84,500.00
UNIT II:SANITARY SEWER IMPROVEMENTS $103,865.00
UNIT III:DRAINAGE IMPROVEMENTS $587,254.00
UNIT IV: PAVING IMPROVEMENTS $423,936.45
Total Bid $1,199,555.45
Contractor agrees to complete WORK for FINAL ACCEPTANCE within calendar days after the date when the
CONTRACT commences to run as provided in the General Conditions.
END OF SECTION
CITY OF FORT WORTH
STANDARD CONSTRUCTION SPECIFICATION DOCUMENTS-DEVELOPER AWARDED PROJECTS WALSH RANCH-QUAIL VALLEY-PHASE 1 C
Form Version September I,2015 HZ PROJECT R303061.02
Contract Compliance Manager:
By signing I acknowledge that I am the person responsible
for the monitoring and administration of this contract,including
ensuring all performance and reporting requirements.
Name of Employee
Title
This form is N/A as No City Funds are associated with this Contract
Printed Name Wig-nature