Form of Contract Agreement
THIS AGREEMENT made on this 28th day of March 2023 between the Local
Government Unit of Barangay San Pedro, Bagabag, Nueva Vizcaya, and LACUATA
CONSTRUCTION, Sta. Lucia, Bagabag Nueva Vizcaya.
WHEREAS, the Entity is desirous that the Contractor execute the Concreting of
Baños Road, Barangay San Pedro, Bagabag, Nueva Vizcaya within the period as reflected
in the Program of Works (POW) and the Entity has accepted the Bid for Four Hundred
Ninety-Nine Thousand Nine Hundred Eighty-Six Pesos and Twenty-Six Centavos
(P499,986.26) by the Contractor for the execution and completion of such Works and the
remedying of any defects therein.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1. In this Agreement, words and expressions shall have the same meanings as are
respectively assigned to them in the Conditions of Contract hereinafter
referred to.
2. The following documents shall be attached, deemed to form, and be read and
construed as integral part of this Agreement, to wit:
(a) General and Special Conditions of Contract;
(b) Drawings/Plans;
(c) Specifications;
(d) Invitation to Bid;
(e) Instructions to Bidders;
(f) Bid Data Sheet;
(g) Addenda and/or Supplemental/Bid Bulletins, if any;
(h) Bid form, including all the documents/statements contained in the
Bidder’s bidding envelopes, as annexes, and all other documents
submitted (e.g., Bidder’s response to request for clarifications on the
bid), including corrections to the bid, if any, resulting from the
Procuring Entity’s bid evaluation;
(i) Eligibility requirements, documents and/or statements;
(j) Performance Security;
(k) Notice of Award of Contract and the Bidder’s conforme thereto;
(l) Other contract documents that may be required by existing laws and/or
the Entity.
(m) That the consumption of Electric and Water Bill shall be charged to the
contractor.
(n) Any change of works, the contractor shall execute an immediate
proposal accordingly duly approved by the Municipal Engineering
Office (MEO) being the liable government agency in the preparation
of Program of Works (POW)
3. In consideration of the payments to be made by the Entity to the Contractor as
hereinafter mentioned, the Contractor hereby covenants with the Entity to
execute and complete the Works and remedy any defects therein in conformity
with the provisions of this Contract in all respects.
4. 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 at the times and in the manner prescribed by this
Contract.
IN WITNESS whereof the parties thereto have caused this Agreement to be executed
the day and year first before written.
Signed, sealed, delivered by the (for the Entity)
Signed, sealed, delivered by the (for the Contractor).
Binding Signature of Procuring Entity
Binding Signature of Contractor
[Addendum showing the corrections, if any, made during the Bid evaluation should be
attached with this agreement.
Effectivity Date: March 30, 2023
End of Contract: April 5,2023
