Examples of Construction Agency Agreement in a sentence
CFCFA or Bridge Park NCA and the Developer shall have entered into the Construction Agency Agreement.
The Developer will provide construction services in connection with the Community Facilities pursuant to the Construction Agency Agreement by and between the CFCFA or Bridge Park NCA and Developer, and the CFCFA or Bridge Park NCA will retain an owner’s representative to provide construction and disbursement oversight, with the scope of duties for the owner’s representative further defined in the Cooperative Agreement.
All construction contracts and the Construction Agency Agreement for the Community Facilities must be in form and substance acceptable to City.
Except as otherwise approved by City, all construction contracts for the Community Facilities must contain customary public contract disbursement, performance bond, payment bond, maintenance bond, warranty, insurance and indemnity provisions and step-in rights for CFCFA or Bridge Park NCA and City in the event of default by Developer under the Construction Agency Agreement.
The City will be a third party beneficiary of the Construction Agency Agreement and will have the right to enforce the obligations of the Developer and CFCFA or Bridge Park NCA thereunder.