_GENERAL DOCUMENTS - C1981017 ‎(203)‎

• Permit No: C1981017
• IBM Index Class Name: GENERAL DOCUMENTS
• Doc Name: Bid Documents ‎(IMP)‎
• Permit Index Doc Type: General Correspondence
• Media Type: D
• Archive: No

AGREEMENT-The word Agreement means the written Agreement entered into by the State of Colorado
acting by and through the Principal Representative and the Contractor for the performance of the work and
payment for the work.
WORK-The word Work means material and/or labor.
SUBCONTRACTOR - A Subcontractor is a sole proprietorship, paw^ership or corporation which has a
contract with the Contractor for the performance of labor at the si of the work Mgardless of whether
supplying of material is part of such contract, but without con;i,ctual relationship to the Principle
Representative.
DRAWINGS-The word Drawings shall mean all drawings in the Special Conditions.
COLORADO LABOR-The term Colorado Laborshall be defined as provided in Title 8-17-101.et seq.CRS
1973,as amended.
Article 2. PERFORMANCE AND PAYMENT BONDS
The Contracts shall fumish a labor and material payment bond for 100 percent of the original contract price
and a perfom nce bond for 100 percent of the original arr�:)unt of th( )ntract. The bonds are required by
State Law,Titie 24-105,202-203,C.R.S.as amended. Tr a bonds st, oe submitted ng the State forms.
A certified or -,ashiers check or bank money order may be accepted lieu of the be . If a surety other
than a bono - used,the State will hold fifty percent (50%)of the su until the fiha, settlement date and
fifty percent a0%)for six(6) months after the final settlement date.
Article 3. INSURANCE
The Contractor is required to procure and maintain at his own expense the insurance coverage listed below.
Proof of insurance must be submitted on certificates showing the following minimum coverage:
1. Standard Worker's Compensation and Employer Liability, as required by State Statute
including occupational disease,covering all employeQs at the work site.
2. General Liability(Public Liability&Property Damage
a. Combined single limit of$600,000 written on an occurrence basis;
b. Any aggregate will not be less than$1 million;
C. The contractor must purchase additional insisfance ff claims reduce the annual
aggregate below$600,000;
3. Automobile Liability (Minimum). The contractor rrii.. . carry a minimum of $600,000
combined single limit.
The Certificates of Insurance and insurance policies required above shall be subject to the following
stipulations:
A. The State of Colorado MUST be named as an Additional Insured on the certificate of
insurance. An Additional Insured Endorsement amending such policy or policm;s is also
required.
B. The clause entitled"Other Insurance Provisions"contained in any policy includin . the State
of Colorado as an additional named insured shall not apply to the State of Colo;ado.
C. The insurance companies issuing the policy or policies shall have no recourse against the
State of Colorado for payment of any premiums due or for any assessments under nay form
of any policy.
D. Any and all deductibles or self-insured retention contained in any insurance policy shall be
assumed by and at the sole risk of the Contractor.
E. If any of the said policies shall be or at any time become unsatisfactory to the State of
Colorado Division of Minerals&Geology GENERAL BID SPECIFICAT `dS
1996 Page 2