The Chronicle-star combined with the Moss Point advertiser., 1944-07-07

VI Tic highway biiASt CAA ANAAooio
sippi State Highway No. SO, and
the tying of same into the exist
ing Transmission line of the City
of Pascagoula, Mississippi, in ac-
cordance with the plans and
specifications made and filed by
ID, J. Simmons, City Engineer,
and which said contract shall be
in substantially the following
form, to-wit:
CONTRACT
State of Mississippi,
County of Jackson.
THIS AGREEMENT, made and
entered into on this the - day
of July, 1914, by and between
S, G.. Hall, Party of The First
Part and the City of Psscagoula,
Mississippi, Party Of the Second
Part,
WITNESSETH.
That the first party, for the
consideration hereinafter fully
set out, hereby agrees with the
second party as follows:
/. The first party shall furnish
all of the equipment, materials
and labor required, and perform
all of the work in the manner and
form provided by the accompa-
nying specifications and other
documents, which are hereto at
taehed and made a part hereof
as fully as if contained herein, and
which consist of the following:
/. Notice to Contractors.
2. Instructions to Bidders.
3. Proposal.
A. Detailed Specifications.
5. Contract.
6. Bond.
2. Drawings and Permits.
2. The second party hereto
agrees to pay to the first party
for the faithful performance of
this agreement, subject to addi-
tons and deductions as provided
for in the above mentioned docul
msnts, in lawful money of the
United States of America, such
amounts as become due to the
first party for work actually per-
formed under this agreement, at
the unit prices stated in the at
tached and foregoing proposal;
the approximate amount of which
is estimated at Seven Thousand
Eight Hundred and no/100 Dollars
(S7,800.00). 1t being understood
and mutually agreed by the par
ties hereto that the specified
items of work to be performed
hereunder, as well as the exact
amounts of each item cannot be
predetermined, and that the unit
prices stated in the proposal will
prevail.
3. On or before the 18th day
of each calendar month, the sec
ond party shall make partial pay
ment to the first party on the
basis Of a duly certified and APP
proved estimate of work per-
formed during the preceding
calendar month by the first par
ty, less ten percent Q0%) of the
amount of such estimate which is
to be retained by the second party
until all work has been performed
strictly in accordance with this
agreement, and until such work
has been accepted by the second
party.
Similar payments will also be
made for materials which have
been received on the site and
which have been inspected and
approved and are properly stored,
in amounts not to exceed 90% of
the value of such materials.
4. Upon submission by the first
party of evidence satisfactory 10
the second party that all pay
rolls, material bills and other
cost incurred by the first party
in connection with the eonstruc-
ton of the work have been paid
in full, final payment on account
of this agreement shall be made
within 80 days after the compile
ton by the first party of all work
covered by this agreement and
acceptance of such work by the
second party.
B. 1t is further mutually agreed
between the parties hereto thai
if, at any time after the exeeu-
ton of this agreement and the
surety bond hereto attached for
its faithful performance, the sec
ond party shall deem the surety
or sureties upon such bond to be
unsatisfactory, or If, for any rea-
son, such bond eases to be ade-
quate to cover the performance
of the work, the first party shall,
at its expense, within five DAYS
after the receipt of notice from
the second party so to do, fur
nish an additional bond or bonds
in such form and amount and
with such surety or sureties as
shall be satisfactory to the sec
ond party. In such event no fur
Their payment to the first party
shall be deemed to be due under
this agreement until such new or
additional security for the faith
full performance of the work shall
be furnished in manner and form