NYC 9/11 Public Portal Document
payment by Tenant of any items included in the Tenant’s Work (Zost,
including^y components of overhead and profit and general
contractors^construction manager’s fees.
Within ten (10) days after DRES’s approval of the Final Plans, and prior to the
commencement of the Tenant’s Initial Work, Landlord shall submit to DRES all the Port
Authority administrative approvals with respect to the Final Plans and completed DRES cost
estimate forms(attached hereto as Exhibit ). The cost estimate forms shall be completed by
the bidders approved by DRES and Landlord and shall indicate in reasonable detail the proposed
cost of Tenant’s Initial Work after Landlord, (i) shall have obtained three (3) competitive bids.
proof of which will be supplied to DRES, by three (3) subcontractors of each trade pre-approved
by DRES, of which Landlord or an affiliated entity may be one; and (ii) shall have selected the
lowestj(responsible bidder, except that Landlord shall designate sprinkler and fire alarm
subcontractors. j
DRES shall, within five business (5) days of its receipt of Landlord’s notice of the
Work Cost, approve or disapprove the Work Cost. If DRES disapproves, it will meet with
Landlord within five (5) days to determine an agreed upon cost. As part of the process DRES
will meet with the lowest bidder to resolve any discrepancies in unit prices and quantities. In the
event Landlord and DRES are unable to resolve their differences and agree upon the Tenant’s
Initial Work cost items. Landlord shall solicit bids from at least three (3) new subcontractors
designated by DRES in which case the procedures and time frames with respect to the bids shall
apply to such additional bids and bidders. Within five (5) business days from approval of the
Tenant’s Work Cost and prior to commencing construction. Landlord will submit a copy of the
work permit (or alternative document issued by the Port Authority) to DRES. All subcontractors
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