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CM @ RISK: CLEARWATER PARKS - COACHMAN RIDGE PEDESTRIAN BRIDGEKEYSTONE EXCAVATORS, INC. 371 Scarlet Blvd Oldsmar, FL 34677 Phone 813-854-2342 CUC 1225287 FPSCV 725207000196 1 a\ 813-854-2993 Proposal April 17, 2024 TO: Mr. Craig Wilson Parks Senior Division Manager City of Clearwater 100 S. Myrtle Ave., Suite 120 Clearwater, FL 33756 RE: CM @ Risk: Clearwater Parks — Coachman Ridge Pedestrian Bridge As requested, enclosed is the proposal for the demolition and reconstruction of the pedestrian bridge at Coachman Ridge Park, submitted in accordance with plans and attached line item work., for a Guaranteed Maximum Price of $345,232.00. Scope of Work: Removal of existing timber pedestrian bridge and replacing it with 10' x 370' of composite decking material. Cost Detail: Description Amount Cost of Work $307,570.00 Subtotal $307,570.00 General Conditions (Bond) $6,905.00 Contingency 10 % $30,757.00 Guaranteed Maximum Price $345,232.00 Project Duration shall be _120_ calendar days from the date of the Notice to Proceed. KEYSTONE EXCAVATORS, INC. 371 Scarlet Blvd Oldsmar, FL 34677 Phone 813-854-2342 CUC 1225287 FPSCV 725207000196 Fax 813-854-2993 Existing Contract: This proposal is submitted in conjunction with the existing Construction Manager at Risk Services Continuing Contract entered into with the City of Clearwater on August 21, 2020, based on RFQ #40- 20. If GMP Exceeds $150,000: Per Section III, Article 5.1 of the Contract Specifications, the contractor shall provide to the public entity a certified copy of the recorded bond. Once the City receives a certified copy of the recorded bond, a Notice to Proceed may be issued. Include the attached bond form as well as the Power of Attorney. For work performed, invoices shall be submitted to the City of Clearwater, Engineering Department, Attn: Veronica Josef, Senior Staff Assistant, P.O. Box 4748, Clearwater, Florida, 33758-4748. Contingency services may be billed only after written authorization is provided by the City to proceed with those services. CITY OF CLEARWATER, FLORIDA Approved as to form: Melissa Isabel Senior Assistant City Attorney Countersigned: Keystone Excavators, Inc. By: ..0-00-7.. Marcus Epling, Vice Pre lent Date Attest: By: "";1( Roseman - all City Clerk Bruce Rect � Jenniffr Poirr Mayor City Manager Date Date KEYSTONE EXCAVATORS, INC. 371 Scarlet Blvd Oldsmar. FL 34677 Phone 813-854-2342 CUC 1225287 FPSCV 725207000196 Fax 813-854-2993 Bond No.: PUBLIC CONSTRUCTION BOND (1) This bond is given to comply with § 255.05, Florida Statutes, and any action instituted by a claimant under this bond for payment must be in accordance with the notice and time limitation provisions in subsections (2) and (10). Pursuant to § 255.05(1)(b), Florida Statutes, "Before commencing the work or before recommencing the work after a default or abandonment, the contractor shall provide to the public entity a certified copy of the recorded bond. Notwithstanding the terms of the contract or any other law governing prompt payment for construction services, the public entity may not make a payment to the contractor until the contractor has complied with this paragraph." CONTRACTOR SURETY OWNER KEYSTONE EXCAVATORS, INC. 371 SCARLET BLVD. OLDSMAR, FL 34677 813-854-2342 THE OHIO CASUALTY INSURANCE COMPANY 9721 EXECUTIVE CENTER DR.. STE 105 ST. PETERSBURG, FL 33702 727-568-8728 City of Clearwater Parks & Recreation Dept 100 S. Myrtle Avenue Clearwater, FL 33756 (727) 562-4285 PROJECT NAME: CLEARWATER PARKS — COACHMAN PARK TIMBER PEDES'T'RIAN BRIDGE REPLACEMENT PROJECT DESCRIPTION: Remove Existing Timber Bridge and Replace With Composite Material BY THIS BOND, We, KEYSTONE EXCAVATORS, INC, as Contractor, and THE OHIO CASUALTY INSURANCE COMPANY, a corporation, as Surety, are bound to the City of Clearwater, Florida, herein called Owner, in the sum of $523,873.50, for payment of which we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and severally. THE CONDITION OF THIS BOND is that if Contractor: 1. Performs the proposal dated March 14, 2024, between Contractor and Owner for construction of CLEARWATER PARKS - COACHMAN PARK TIMBER PEDESTRIAN BRIDGE REPLACEMENT, the contract documents being made a part of this bond by reference (which include the Advertisement for Bids, Proposal, Contract, Surety Bond, Instructions to Bidders, General Conditions, Plans, Technical Specifications and Appendix, and such alterations as may be made in said Plans and Specifications as therein provided for), at the times and in the manner prescribed in the contract; and 2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florida Statutes, supplying Contractor with labor, materials, or supplies, used directly or indirectly by Contractor in the prosecution of the work provided for in the contract; and 3. Pays Owner all losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that Owner sustains because of a default by Contractor under the contract; and KEYSTONE EXCAVATORS, INC. 371 Scarlet Blvd Oldsmar, FL 34677 Phone 813-854-2342 CCC 1225287 I,PSCV 725207000196 l ak 13-854-2993 Bond No.: PUBLIC CONSTRUCTION BOND (2) 4. To the limits of § 725.06(2), Florida Statutes, shall indemnify and hold harmless Owner, their officers and employees, from liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness, or intentional wrongful misconduct of Contractor and persons employed or utilized by Contractor in the performance of the construction contract; and 5. Performs the guarantee of all work and materials furnished under the contract for the time specified in the contract, then this bond is void; otherwise it remains in full force. 6. Any action instituted by a claimant under this bond for payment must be in accordance with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. 7. Any changes in or under the contract documents and compliance or noncompliance with any formalities connected with the contract or the changes does not affect Surety's obligation under this bond, and Surety does hereby waive notice of any such change, extension oftime, alteration or addition to the terms of the contract or to the work or to the specifications. IN TESTIMONY WHEREOF, witness the hands and seals of the parties hereto this day of 20_.(Ifsole Ownership or Partnership, two (2) Witnesses required). (If Corporation, Secretary only will attest and affix seal). Keystone Excavators, Inc. By: Title: President Print Name: Jeff Truxton WITNESS: WITNESS: Corporate Secretary or Witness Print Name: Print Name: _Christie Truxton (affix corporate seal) The Ohio Casualty Insurance Company By: ATTORNEY-IN-FACT Print Name: Warren M. Shrum, Jr. (affix corporate seal) (Power of Attorney must he attached)