General Contractor. For each Approved Phase, Developer intends to select a General Contractor not affiliated with the Developer pursuant a City-approved pre-qualification process and a Request for Proposals, which will include the establishment of SDBE goals and a workforce development plan. Thereafter, and upon finalization of the Plans, Developer shall negotiate a fixed price or guaranteed maximum price contract or another pricing mechanism acceptable to the City (“Construction Contract”) with the selected General Contractor, and such construction contract also shall meet the other requirements of this Agreement and of the City Loan Documents. The Construction Contract shall provide for assignment to the City of all plans, studies, reports, drawings, permits, approvals and other work product produced or obtained by the Developer in connection with the Development and all of Developer’s interests in agreements relating to such work product, and shall incorporate the relevant terms of this Agreement. The Developer shall submit a copy of the Construction Contract to the City. The Construction Contract shall provide for assignment to the City in the event of default under the City Loan Documents.
Appears in 5 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
