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HomeMy WebLinkAbout99- Amendment to West Beall Street Paving Improvements AMENDMENT TO WEST BEALL STREET PAVING IMPROVEMENTS ! ., . ~ THIS AMENDMENT, made this 6th day of Jul y , 1999, between the City of Bozeman, hereinafter called "OWNER" and Big Sky Asphalt, hereinafter called "CONTRACTOR" . WHEREAS, the Parties have entered into an agreement for the Contractor to complete the work for the West Beall Street Paving Improvements, dated June 11, 1999 WHEREAS, paragraph 5.4 of the Supplementary Conditions to the General Conditions provides that there be automobile liability insurance in the amount of$1,500,000.00, which cannot be satisfied by excess or umbrella insurance; WHEREAS, it is difficult to find insurance in $500,000.00 increments, above $1,000,000.00 for an automobile liability policy; WHEREAS, the Montana Public Works has used an addendum to the Fourth edition - which lowers auto liability insurance to $1,000,000.00; and WHEREAS, USF&G's $1,000,000.00 umbrella policy will cover excess auto liability for the underlying $1,000,000.00 policy issued by USF&G Company. THEREFORE, in consideration of the foregoing recitals and the consideration in the original agreement, the Parties agree to amend the agreement as follows: 1. Paragraph SC-5.4(G) shall be amended to read as follows: (G) CONTRACTOR'S Liability Insurance under 5.4.3,5.4.4,5.4.5 and 5.4.6 may be satisfied by primary insurance or a combination of primary and excess or umbrella insurance. Primary occurrence limit cannot be less than $1,000,000.00 Deductible not to exceed $5,000.00 per occurrence on property damage. 2. Except as specifically amended herein, the original agreement shall remain in full force and effect and the Parties shall be bound by all terms and conditions therein. By: Title: , I (. .. IN WITNESS WHEREOF, the Parties hereto have executed this agreement the day and year first above written. x=~ CITY OF BOZEMAN By:' \ ~ l ~\ Clark V. Johnson, City Manager ATTEST: ~~d~ Robin L. Sullivan, Clerk of Commission APPROVED AS JO ,/ .' :' / ' ,--' ..' . ZClt Paul Luwe, /