1984 Ordinances - Laserfiche WebLink

Home Browse Search

- (1) A performance bond in the sum of the contract amount conditioned upon the faithful performance of the contract in strict conformity with the plans, specifications and conditions of the contract. (2) A payment bond in the sam of the contract amount. Such bond shall be for the protection of claimants who have fulfilled contracts to supply labor or materials to the prime contractor to whom the contract was awarded, or to any sub- contractors, in the prosecution of the work provided for in such contract, and shall be conditioned upon the prccapt payment for all such material furnished or labor .supplied or performed in the prosecution of the work. "Labor or materials" shall in- clude public utility services and reasonable'rentals of equip- ment, but only for periods when the equipment rented is actually -used at the site. Each such bonds shall be executed by one or more surety companies selected by the contractor which are legally authorized .to do business in Virginia. Such bonds shall be payable to the City of Portsmouth. Such bonds may be required for construction contracts of One Hundred Thousand Dollars ($100,000) v or less,'in the dis- cretion of the purchasing agent. ' ~ Nothing in this section Shall preclude such contractor from requiring each subcontractor to furnish a payment bond with surety thereon in the sum-of the-full amount of the con- tract with such subcontractor conditioned upon the payment to all persons who have and fulfill contracts which are directly with the subcontractor for performing labor and furnishing. materials in the prosecution of the work provided for in the subcontract. (4) That Section 11-128 of the-Code of the City of Ports- mouth, Virginia, 1973, be amended to read as follows: Section 11-128. Contracting for professional services by competitive negotiation. Professional services Shall be procured by competitive negotiation when the cost of the professional service is expected to exceed Twenty Thousand Dollars ($20,000). The purchasing agent and representative of the using agency shall engage inindividual discussions with two (2} or more offerors deemed fully qualified, responsible, and suitable on the basis of initial responses with emphasis on professional competence, to provide the-required services. Repetitive informal interviews shall be permissible. Such offerors shall be encouraged to elaborate on their quali- fications and performance data or staff expertise pertinent to the proposed project as well as alternative'concepts. At the 2