Cities Index.
Agenda packet, first session

Modesto City Council
December 6, 2022

Document
Agenda packet, first session
Meeting
December 6, 2022
Body
Modesto City Council
Pages
49
Original file
83.5 MB
Text extracted from the city's file for reading and search. Open the original on agenda2.modestogov.com. That file is the official record.

sustainable. Compost is also donated to community gardens and landscape projects, parks, schools, churches, and has been used in City projects. Annually, the Facility receives approximately 50,000 tons of raw compostable waste materials and processes it into about 25,000 tons of compost.

On June 14, 2022, by Resolution No. 2022-276, Council approved new solid waste rates. The new rates took effect on July 1, 2022. A compost facility improvement fee was added to both residential rates and commercial rates. These fees will be solely utilized for facility improvements.

DISCUSSION:

More restrictive State organics Regulation SB1383, mandates increasing the organic material landfill diversion rate to 75% by the year 2025. In addition, there have been significant restrictions on other parts of the material processing operation since the facility was first permitted in 1997. Both the regional air district (San Joaquin Valley Air Pollution Control District Rule 4566) and the regional waterboard (General Waste Discharge Requirements for Composting Operations, Order WQ 2020-0012—DWQ) require improvements to the heavy equipment operations, working surfaces and the material processing operation in order to protect the air and groundwater quality respectively. These two regulatory permitting agencies and the SB1383 legislation require the City to consider substantial infrastructure, labor and heavy equipment improvements to the compost facility.

HDR Engineering will provide guidance to the Modesto City Council and Public Works staff to make informed decisions on the future of the City’s composting operations and compliance with SB1383. Their consultant work will also evaluate and make recommendations on the revenues and expenses over five years in order to maintain a sustainable Compost Fund Budget.

Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment, or contractual services to follow formal bid procedures.

However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in his or her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in procurement for the City at the lowest possible cost commensurate with the desired quality.” Staff solicited quotes from specialized vendors. Two of them denied submitting a proposal, and the other two decided to work together to submit a proposal. This type of work is very specialized since it requires extensive knowledge in compost facilities, permitting, and California laws and regulations.

FISCAL IMPACT:

The consultant services Agreement is not to exceed $97,055 and will be absorbed within the current Compost Facility Improvements Fund 4896-56035-53300 in FY 2022-23. The compost facility improvement fund will receive approximately 1.5 million annually.

COMMITTEE RECOMMENDATION:

This item was presented to Economic Development Committee on November 7, 2022, and the committee recommended forwarding to Council for approval. #18..
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City Council, December 6, 2022
Agreement with HDR Engineering, Inc. to conduct a feasibility study for the City’s Compost Facility

Page 3 of 3 ends

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving an Agreement with HDR Engineering, Inc., Northern California Area, to conduct a Feasibility Study for the City’s Compost Facility at 7001 Jennings Road for a total amount not to exceed $97,055, and authorizing the City Manager, or his designee, to execute the Agreement.

Approved by:

Bill Sandhu, Public Works Director
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Agreement

3. Financial interest disclosure

4. Cost Abstract RFQ for Feasibility Study

5. Bid Waiver
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1 2022-xxx

MODESTO CITY COUNCIL
RESOLUTION NO. 2022-XX

RESOLUTION APPROVING AN AGREEMENT WITH HDR
ENGINEERING, INC., NORTHERN CALIFORNIA AREA, TO CONDUCT A FEASIBILITY STUDY FOR THE CITY’S COMPOST FACILITY AT 7001 JENNINGS ROAD FOR A TOTAL AMOUNT NOT TO EXCEED $97,055,

AND AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO

EXECUTE THE AGREEMENT
WHEREAS, in September 2016, Governor Brown signed the Short-Lived Climate Pollution Reduction Act Senate Bill (SB 1383) into law, establishing emission reduction targets statewide to reduce organic waste to landfill by seventy-five percent (75%) and recovering twenty percent (20%) of edible food waste for human consumption by 2025, and
WHEREAS, the Compost Facility’s primary and state mandated purpose is to process the City’s diverted yard waste, paper waste and food waste materials into a reusable soil amendment product (compost), thus keeping these materials from entering the landfill and lowering the City’s disposal rate, and WHEREAS, on June 14, 2022, by Resolution No. 2022-276, Council approved new solid waste rates. The new rates took effect on July 1, 2022. A compost facility improvement fee was added to both residential rates and commercial rates. These fees will be solely utilized for facility improvements, and
WHEREAS, HDR Engineering will provide guidance to the Modesto City Council and Public Works staff to make informed decisions on the future of the City’s composting operations and compliance with SB1383, and
WHEREAS, Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment, or contractual services #18..
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2 2022-xxx
to follow formal bid procedures. However, exceptions to the formal bidding process are granted in MMC 8-3.204(d) “Where the Purchasing Manager, in his or her discretion, determines that a process other than the formal bid procedure set for in Section 8-3.203 will result in procurement for the City at the lowest possible cost commensurate with the desired quality.” Staff solicited quotes from specialized vendors. Two of them denied submitting a proposal, and the other two decided to work together to submit a proposal.

This type of work is very specialized since it requires extensive knowledge in compost facilities, permitting, and California laws and regulations.

NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Modesto that it hereby approves an Agreement with HDR Engineering, Inc., Northern California Area, to conduct a Feasibility Study for the City’s Compost Facility at 7001 Jennings Road for a total amount not to exceed $97,055.

BE IT FURTHER RESOLVED that the City Manager, or his designee, is hereby authorized to execute the Agreement, in a form approved by the City Attorney. #18..
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The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 6th day of December 2022, by Councilmember ______, who moved its adoption, which motion being duly seconded by Councilmember _________, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

ATTEST: ___________________________
DIANE NAYARES-PEREZ, CMC, City Clerk
(SEAL)
APPROVED AS TO FORM:

By: _________________________
JOSE M. SANCHEZ, City Attorney
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STANDARD AGREEMENT

HDR ENGINEERING CONSULTANTS

FEASIBILITY STUDY FOR COMPOST
THIS AGREEMENT, made and entered into in the CITY of Modesto, State of California, this day of , 2022 (“Effective Date”), by and between the CITY OF MODESTO, a municipal corporation of the State of California, hereinafter referred to as "CITY", and HDR Engineering, Inc. hereinafter referred to as "CONSULTANT."
This Agreement is made with regard to the following recitals:

A. The CITY has determined that a CONSULTANT Agreement should be prepared for the CITY for Feasibility Study for CITY’S Compost Facility.

B. CONSULTANT represents that it is qualified, willing and able to provide the services to prepare said document(s).

NOW, THEREFORE, in consideration of this agreement, and the mutual promises, covenants, and stipulations hereinafter contained, the parties agree as follows:

1. SCOPE OF SERVICES.

CONSULTANT shall undertake and complete the preparation of the scope of work as set forth and described in the documents attached hereto and referred to as Exhibit "A" or "project". The CONSULTANT shall perform the services as described in Exhibit "A" in a manner compatible with the standards of its profession and shall produce a fully complete project that is acceptable to CITY, such acceptance will not be unreasonably withheld conditioned or delayed.

2. TERM OF AGREEMENT.
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This Agreement is effective as of the date first written above and will continue in effect until CITY'S acceptance of and payment for all services authorized by CITY and performed by CONSULTANT, unless terminated earlier in accordance with the provisions of the termination clause in this Agreement.

CITY hereby gives CONSULTANT notice to proceed with the preparation of the project in the manner described in Exhibit "A", as of the Effective Date of this agreement. CONSULTANT shall diligently proceed with the preparation of the project and agrees to complete said preparation within the time period set forth in Exhibit "A".

3. COMPENSATION.

CONSULTANT agrees to accept a sum not to exceed $97,055.00 DOLLARS as full remuneration for performing all services and furnishing all staffing and materials called for in Exhibit "A" and for performance by CONSULTANT of all of its duties and obligations under this Agreement.

The Compensation shall be paid pursuant in the manner and at the times set forth below:

All work to be performed under this Agreement shall be billed at the rates set forth in Exhibit “B” attached hereto, CONSULTANT shall submit monthly invoices to CITY which include detailed tasks, hours worked, and billable rates for all work completed, and detailed receipts for any out-of-pocket, reimbursable costs paid by CONSULTANT in connection with work performed on this project. CITY shall pay all undisputed amounts within 30 days following receipt of consultant’s invoice

4. OBLIGATIONS OF CONSULTANT.
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Throughout the term of this Agreement, CONSULTANT shall possess, or secure all licenses, permits, qualifications and approvals legally required to conduct business. CONSULTANT warrants that is has all of the necessary professional capabilities and experience, as well as all tools, instrumentalities, facilities and other resources necessary to provide the CITY with the services contemplated by this Agreement. CONSULTANT further warrants that it will follow the best current, generally accepted and professional practices to make findings, render opinions, prepare factual presentations, and provide professional advice and recommendations regarding this project.

5. OWNERSHIP OF DOCUMENTS/TITLE TO DATA.

Ownership of Documents
All reports, drawings, designs, graphics, working papers and other incidental work or materials furnished hereunder shall become and remain the property of the CITY, and may be used by CITY as it may require without any additional cost to CITY.

However, any modification or reuse of such documents of such documents for purposes other than those intended by this Agreement shall be at CITY’s sole risk and without liability to CONSULTANT. No reports shall be used by the CONSULTANT for purposes other than this contract without the express prior written consent of CITY.

Title to Data
If, as a part of the agreement, CONSULTANT is required to produce data such as, but not limited to, drawings, plans, specifications, calculations, models, flow diagrams, visual aids and other related materials, the originals of all such data generated #18..
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under this agreement will be delivered to CITY upon the completion or termination of services under the contract.

All materials, documents, data or information obtained from the CITY data files or any CITY medium furnished to CONSULTANT in the performance of this Agreement will at all times remain the property of the CITY. Any modification or reuse of such data or information for purposes other than those intended by this Agreement shall be at CITY’s sole risk and without liability to CONSULTANT. Such data or information may not be used or copied for direct or indirect use by CONSULTANT after termination of this Agreement without written consent of the CITY.

6. NEWS AND INFORMATION RELEASE.

CONSULTANT agrees that it will not issue any news releases in connection with either the award of this Agreement, or any subsequent amendment of or efforts under this Agreement, without first obtaining review and approval of said news releases from CITY through the City Manager.

7. INTEREST OF CONTRACTOR.

CONSULTANT warrants that it presently has no interest and shall not acquire any interest, direct or indirect, which would conflict in any manner or degree with the performance of services required to be performed under this Agreement.

CONSULTANT warrants that, in performance of this Agreement, CONSULTANT shall not employ any person having any such interest. CONSULTANT agrees to file a Statement of Economic Interests with the City Clerk at the start and end of this contract if so required at the option of CITY.

8. AMENDMENTS.
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Both parties to this Agreement understand that it may become desirable or necessary during the execution of this Agreement, for CITY or CONSULTANT to modify the scope of services provided for under this Agreement. Any material extension or change in the scope of work shall be discussed with CITY and the change and cost shall be memorialized in a written amendment to the original contract prior to the performance of the additional work.

Until a change order is so executed, CITY will not be responsible to pay any charges CONSULTANT may incur in performing such additional services, and CONSULTANT shall not be required to perform any such additional services.

9. INDEPENDENT CONTRACTOR.

All acts of CONSULTANT, its agents, officers, and employees and all others acting on behalf of CONSULTANT relating to the performance of this Agreement, shall be performed as independent contractors and not as agents, officers, or employees of CITY. CONSULTANT, by virtue of this Agreement, has no authority to bind or incur any obligation on behalf of CITY. CONSULTANT has no authority or responsibility to exercise any rights or power vested in the CITY. No agent, officer, or employee of the CITY is to be considered an employee of CONSULTANT. It is understood by both CONSULTANT and CITY that this Agreement shall not under any circumstances be construed or considered to create an employer-employee relationship or a joint venture.

CONSULTANT, its agents, officers and employees are and, at all times during the terms of this Agreement, shall represent and conduct themselves as independent contractors and not as employees of CITY.
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CONSULTANT shall determine the method, details and means of performing the work and services to be provided by CONSULTANT under this Agreement. CONSULTANT shall be responsible to CITY only for the requirements and results specified in this Agreement, and, except as expressly provided in this Agreement, shall not be subjected to CITY'S control with respect to the physical action or activities of the CONSULTANT in fulfillment of this Agreement. CONSULTANT has control over the manner and means of performing the services under this Agreement. CONSULTANT is permitted to provide services to others during the same period service is provided to CITY under this Agreement. If necessary, CONSULTANT has the responsibility for employing other persons or firms to assist CONSULTANT in fulfilling the terms and obligations under this Agreement.

If in the performance of this Agreement any third persons are employed by CONSULTANT, such persons shall be entirely and exclusively under the direction, supervision, and control of CONSULTANT. All terms of employment including hours, wages, working conditions, discipline, hiring, and discharging or any other term of employment or requirement of law shall be determined by the CONSULTANT.

It is understood and agreed that as an independent contractor and not an employee of CITY neither the CONSULTANT or CONSULTANT'S assigned personnel shall have any entitlement as a CITY employee, right to act on behalf of the CITY in any capacity whatsoever as an agent, or to bind the CITY to any obligation whatsoever.
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It is further understood and agreed that Consultant must issue W-2 forms or other forms as required by law for income and employment tax purposes for all of CONSULTANT'S personnel.

As an independent contractor, CONSULTANT hereby indemnifies and holds CITY harmless from any and all claims that may be made against CITY based upon any contention by any third party that an employer-employee relationship exists by reason of this Agreement.

10. ASSIGNMENT.

Neither this Agreement nor any portion thereof shall be subcontracted or assigned without the express prior written consent of the CITY in each and every instance.

11. PATENT/COPYRIGHT MATERIALS.

Unless otherwise expressly provided in the contract,
CONSULTANT shall be solely responsible for obtaining the right to use any patented or copyrighted materials in the performance of this Agreement. Consultant shall furnish a warranty of such right to use to CITY at the request of CITY.

12. NOTICES.

Any and all notices permitted or required to be given hereunder shall be deemed duly given and effective (a) upon actual delivery, if delivery is by hand; or (b) five (5) days after delivery into the United States mail if delivery is by postage paid registered or certified (return receipt requested) mail. Each such notice shall be sent to the parties at the address respectively indicated below or to any other address as the respective parties may designate from time to time.
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FOR CONSULTANT:

Name: HDR Engineering, Inc
Address: 2365 Iron Point Road, Suite 300,
Folsom, CA 95630
Attention: Tim Raibley
Phone: (916) 817-4914
FOR CITY:

Name: City of Modesto – Public Works Solid WasteAddress: P.O. Box 643 Modesto, CA 95353
Attention: Rosene Salmo, Integrated Waste Program
Manager
Phone: (209) 577-5453

13. INSURANCE REQUIREMENTS.

The CONSULTANT shall provide at its own expense and maintain at all times the following insurance with insurance companies licensed in the State of California and shall provide a certificate of insurance as evidence of such insurance to the CITY as may be required by the Risk Manager of the CITY. The policies or certificates thereof shall provide that, thirty (30) days prior to cancellation or material change in the policy, notices of same shall be given to the Risk Manager of the CITY via PINS Advantage Insurance Program, for all of the following stated insurance policies. (a) Worker's Compensation - in compliance with the statutes of the State of California, plus employer's liability with a minimum limit of liability of $1,000,000.
(b) General Liability insurance with a minimum limit of liability per occurrence of $1,000,000 for bodily injury and $1,000,000 for property damage or #18..
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$1,000,000 combined single limit. If commercial general liability insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required per-occurrence limit. This insurance shall indicate on the certificate of insurance the following coverages and indicate the policy aggregate limit applying to premises and operations; broad form contractual; independent consultants and subcontractors; products and completed operations.
(c) Automobile Liability insurance with a minimum limit of liability per occurrence of $1,000,000 for bodily injury and $1,000,000 property damage or $1,000,000 combined single limit. This insurance shall cover any automobile for bodily injury and property damage.
(d) Professional Liability (Errors and Omissions) Insurance with limits not less than $2,000,000 per claim, $2,000,000 aggregate. If coverage is on a claims made basis it shall be maintained for at least three (3) years following completion of the work.

Upon failure of the CONSULTANT to furnish, deliver or maintain such insurance and certificates as above provided, this Agreement, at the election of the CITY, may be forthwith declared suspended or terminated. Failure of the CONSULTANT to obtain and/or maintain any required insurance shall not relieve the CONSULTANT from any liability under this Agreement, nor shall the insurance requirements be construed to conflict with or otherwise limit the obligations of the CONSULTANT concerning indemnification. The CITY, its agents, officers, employees, and volunteers shall be named as an additional insured on all insurance policies required herein, except Workers' #18..
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Compensation and Professional Liability. CONSULTANT shall provide CITY with separate endorsements evidencing proof of the CITY’s additional insured status as to both the general liability and automobile liability insurance policies. The Workers' Compensation insurer shall agree to waive all rights of subrogation against the CITY, its agents, officers, employees, and volunteers for losses arising from work performed by Consultant for the CITY. In addition, CONSULTANT shall provide CITY with a Workers Compensation subrogation waiver by way of a separate endorsement. The Consultant's insurance policy(ies) shall include a provision that the coverage is primary as respects the CITY; shall include no special limitations to coverage provided to additional insured; and shall be placed with insurer(s) with acceptable Best's rating of A: VII or with approval of the Risk Manager. The CONSULTANT must deliver certificates evidencing existence of the insurance listed above to the CITY prior to the time the contract is signed.

All endorsements referenced above must include the applicable policy number. The parties agree that the insurance requirements included in Exhibit A do not apply and that CONSULTANT’s insurance requirements shall be governed exclusively by the section 14.

14. TERMINATION OF AGREEMENT.

Termination by City for Default of Consultant
Should Consultant default in the performance of this Agreement or materially breach any of its provisions, at its option, CITY may terminate this Agreement by giving written notification to CONSULTANT, but only after providing CONSULTANT written notice of the default or breach and a period of 10 days to cure the #18..
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termination date shall be the effective date of the notice. For the purposes of this section, material breach of this Agreement shall include, but not be limited to, any of the following:
failure to perform required services or duties, willful destruction of CITY'S property by CONSULTANT, dishonesty or theft.

Termination by City for Convenience
TheCITYmay also terminate theCONSULTANT'Sperformance under the Agreement, either in whole or in part, at its own discretion, or when conditions encountered during the Work make it impossible or impracticable to proceed, or when theCITYis prevented from proceeding with the Agreement by act of God, by law, or by official action of a public authority, or upon a determination by the CITY that such termination is in the best interest and convenience of the CITY, or whenever the CITY is prohibited from completing the Work for any reason. The CITY shall provide no lessthan ten (10) calendar days written notice of its intent to terminate the Agreement for convenience and shall endeavor to provide the CONSULTANT with consultation with the CITY prior to termination.

Termination by City for Lack of Budgeted Funds
The CITY may terminate this Agreement effective July 1 of any given year upon the CITY'S determination to not appropriate sufficient funds for this Agreement for the ensuing fiscal year. In such event CITY shall give CONSULTANT not less than 30 days written notice of termination.

Termination by City for Change of Consultant's Tax Status If CITY determines that CONSULTANT does not meet the requirements of federal and state tax laws for independent contractor status, CITY may terminate this Agreement by #18..
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giving written notice to CONSULTANT. The termination date shall be the effective date of the notice.

Post-Termination Procedures
If this Agreement is terminated pursuant to this Section, CONSULTANT shall:
a. Cease its work as directed in the notice of termination as of the termination date and see to it that its employees,
subconsultants and agents are notified of such termination and act as specified in the notice of termination.
b. Terminate all orders and Subcontractors except as necessary to complete any portion of the Work that is not terminated; c. If directed in writing by the CITY to do so, assign all right, title and interest in subcontracts and materials in progress to CITY, in which case the CITY will have the right at its discretion to settle, or pay any or all claims arising out of the termination of such subconsultants, but in no event shall recovery by any CONSULTANT or
subconsultant include lost profits for portions of the Work not completed or undertaken, including materials not
delivered;
d. Deliver or otherwise make available to the CITY all data, drawings, specifications, reports, estimates, summaries and such other information and material as may have been
accumulated by the CONSULTANT in performing the Work
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whether completed or in process;
e. Settle outstanding liabilities and claims, subject to the approval of CITY;
f. Complete performance of such part of the Work as has not been terminated;
g. Take such other actions as may be necessary, or as may be directed by the CITY for the protection and preservation of the Work and/or property related to the Work;
h. If CITY so requests, and at CITY'S cost, CONSULTANT
shall provide sufficient oral or written status reports to make CITY reasonably aware of the status of CONSULTANT'S
work on the project.
i. The CONSULTANT understands and agrees that CITY
may, acting reasonably and in good faith, refuse to pay CONSULTANT for that portion of CONSULTANT'S
services which were performed by CONSULTANT on the
project prior to the termination date and which remain
unacceptable and/or not useful to CITY as of the
termination date.

CITY will pay CONSULTANT an amount based on the percentage of satisfactory work completed in accordance with the notice of termination. If the Agreement is terminated pursuant to the subparagraph entitled Termination by CITY for Default of CONSULTANT, CONSULTANT understands and agrees that CITY may, acting #18..
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reasonably and in good faith, refuse to pay CONSULTANT for that portion of CONSULTANT'S services which were performed by CONSULTANT on the project prior to the termination date and which remain unacceptable and/or not useful to CITY as of the termination date. The final payment to the CONSULTANT after termination for convenience shall be limited to amounts due and owing under the Agreement at time of termination, including the following:
a. The cost of settling and paying valid claims arising out of the termination of the Work such as subconsultant
agreements or contracts for materials;
b. The Agreement price allocable to the portion of the Work properly performed or goods supplied to the work site by the CONSULTANT as of the date of termination, as
determined in accordance with the notice of termination, reduced by any sums previously paid to the
CONSULTANT.

15. CERTIFIED PAYROLL REQUIREMENT.

For consultants performing field work on public works contracts on which prevailing wages are required: The CONSULTANT shall comply with the provisions of Section 1776 of the California Labor Code, regarding payroll records, and shall require its subconsultants and subcontractors to comply with that section as may be required by law.

16. INDEMNITY.

The CONSULTANT shall hold the CITY, its agents, officers, employees, and volunteers, harmless from and save, defend and indemnify them against any and all claims, losses, #18..
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liabilities, judgments or damages from every cause, including but not limited to injury to person or property or wrongful death, including reasonable costs and expenses of defense of any judicial or administrative action, to the extent arising out of any negligent or wrongful act or omission of CONSULTANT , or its agents, officers, and employees relating to or during the performance of its obligations under this agreement.

CONSULTANT'S obligation to defend, indemnify, and hold the CITY, its agents, officers, and employees harmless under the provisions of this paragraph is not limited to or restricted by any requirement in this Agreement for CONSULTANT to procure and maintain a policy of insurance.

17. DISPUTE RESOLUTION.

All claims, controversies, or disputes arising out of, or relating to the formation of this Agreement, or the breach, termination execution, enforcement, interpretation, or validity of this Agreement, including the determination of the scope or applicability of this contract provision shall be determined by binding arbitration in Modesto, California, by one arbitrator, except as otherwise specified in this Agreement.

The American Arbitration Association shall administer the arbitration under its Arbitration Rules then in effect, subject to the modifications of those rules contained in this paragraph. This agreement to arbitrate shall be specifically enforceable under the prevailing law of any court having jurisdiction, and the award rendered by the arbitrator may be entered in any court having jurisdiction. The appropriate venue for any arbitration or court proceeding relating to or arising out of this provision shall be in Stanislaus County, California.
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This paragraph is not intended to and does not waive the claim filing requirements found in California Government Code section 900 et seq. In the event that a timely and legally sufficient, arbitrable claim is filed by CONSULTANT with CITY, and the claim is rejected in whole or in part by CITY, this paragraph shall result in the final administrative decision of CITY for all the issues presented in the claim by CONSULTANT so long as any issues presented by the claim are arbitrable. Claims rejected by CITY or by operation of law, shall be submitted by CONSULTANT to arbitration pursuant to the Arbitration Rules of the American Arbitration Association within ninety (90) days after mailing of the written rejection by CITY to CONSULTANT.

Otherwise, the claim or claims shall be deemed waived in their entirety.

The “fast track’ rules of the American Arbitration Association shall apply to any claim or counterclaim less than ONE HUNDRED FIFTY THOUSAND AND 00/100 ($150,000.00) DOLLARS. In arbitration not proceeding under the “fast track” rules, the arbitrator shall have the power to order that depositions be taken and other discovery be made. Both CITY and CONSULTANT shall have the right, upon written notice, to take no more than three (3) depositions of the other as a matter of right in an arbitration proceeding under the “fast track” rules.

Whether or not CITY and CONSULTANT may be engaged in
interstate commerce, any controversy or dispute mentioned above shall be determined by, and the parties shall be bound by, the substantive law of the State of California, and not the Federal Arbitration Act at 9 USC Section 1 et seq.

The arbitrator may grant any remedy or relief deemed by the arbitrator just and equitable under the circumstances, whether or not such relief could be #18..
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awarded in a court of law. The arbitratorshall be empowered to award monetary sanctions against a party for failure of cooperation in the arbitration. However, the arbitrator will not award punitive, incidental, consequential, treble or other multiple or exemplary damages, and the parties herby agree to waive and not seek such damages. The arbitrator shall, in written award, allocate all the costs of the arbitration, including the fees of the arbitrator and the reasonable attorney fees of the prevailing party, against the party who did not prevail. The prevailing party shall be the party in whose favor the majority of the central issues in the case are resolved.

Notwithstanding anything in this provision to the contrary, the arbitrator shall have no power to award punitive damages or other damages not measured by the party’s actual damages (excluding litigation costs and fees) against any party.

CONSULTANT shall include in all subcontracts a specification whereby the subcontractor consents to being joined in an arbitration between CITY and CONSULTANT involving the work of the subcontractor to be joined.

CONSULTANT’S failure to do so shall be a breach of this Agreement.

The parties hereby waive any rights provided by Title 9.2 of the California Code of Civil Procedure, Section 1296. The arbitrator’s award shall be deemed final, conclusive and binding to the fullest extent allowed by California law.

18. ENTIRE AGREEMENT.

This Agreement and its exhibits contain the entire understanding between CONSULTANT and CITY. Additional or new terms contained in this Agreement which vary from CONSULTANT'S proposal are controlling and are deemed accepted by CONSULTANT by shipment of any article or other commencement of performance #18..
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hereunder. All previous proposals, offers and communications relative to this Agreement, whether oral or written, are hereby superseded except to the extent that they have been incorporated into this Agreement. No future waiver of or exception to any of the terms, conditions, and provisions of this Agreement shall be considered valid unless specifically agreed to in writing by all the parties.

19. PARTIAL INVALIDITY.

If any provision in this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions shall nevertheless continue in full force without being impaired or invalidated in any way.

20. WAIVER.

The waiver by any party to this Agreement of a breach of any provision hereof shall be in writing and shall not operate or be construed as a waiver of any other or subsequent breach hereof unless specifically stated in writing.

21. AUDIT.

The CITY'S duly authorized representative shall have access at all reasonable times to all reports, contract records, contract documents, contract files, and personnel necessary to audit and verify CONSULTANT'S charges to CITY under this Agreement.

CONSULTANT agrees to retain reports, records, documents, and files related to charges under this Agreement for a period of four (4) years following the date of final payment for CONSULTANT services. CITY'S representative shall have the right to reproduce any of the aforesaid documents.

22. GOVERNING LAW.
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This Agreement shall be governed according to the laws of the State of California.

23. HEADINGS NOT CONTROLLING.

Headings used in the Agreement are for reference purposes only and shall not be considered in construing this Agreement.

24. COMPLIANCE WITH LAWS.

CONSULTANT shall insure compliance with all safety and hourly requirements for employees, in accordance with federal, state, and county safety and health regulations and laws. CONSULTANT shall fully comply with all applicable federal, state, and local laws, ordinances, regulations and permits.

25. CITY BUSINESS LICENSE.

CONSULTANT shall have a CITY of Modesto business license.

26. ESTIMATES.

Any estimates of project cost, value or savings provided by CONSULTANT are intended to allow a comparative evaluation between alternatives and do not constitute a detailed evaluation or prediction of actual project costs, value or savings. Any such estimates are made on the basis of information available to CONSULTANT and on the basis of CONSULTANT’s experience and qualifications, and represents its judgment as an experienced and qualified professional engineer. However, since CONSULTANT has no control over the impact of various factors that impact the actual project cost, value or savings, CONSULTANT does not guarantee that the actual project cost, value or savings will not vary from CONSULTANT’s estimates.
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IN WITNESS WHEREOF, the CITY of Modesto, a municipal corporation, has authorized the execution of this Agreement in duplicate by its City Manager and attestation by its City Clerk under authority of Resolution No. 2022- , adopted by the Council of the City of Modesto on the day of , 2022, and HDR ENGINEERING, INC. has caused this agreement to be duly executed in duplicate as of the Effective Date.
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Exhibit A

CITY OF MODESTO

REQUEST FOR QUOTES
FOR

COMPOST FACILITY

SOLID WASTE DIVISION

COMPOST FACILITY FEASIBILITY STUDY
OPENING: JULY 19, 2022
CITY OF MODESTO CONTACT: Rosene Salmo, Integrated Waste Program Manager E-MAIL ADDRESS: [email protected]
PHONE: (209) 577-5453
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The City of Modesto is seeking quotes from qualified firms to conduct a feasibility study at the City’s Compost Facility, operated by the Public Works Department- Solid Waste. The purpose of this study is to examine and evaluate the City’s compost facility by identifying infrastructure upgrades, equipment and staffing updates as well as ensuring compliance with state and federal regulations. To better understand the facility needs, a mandatory site visit will be required. If you would like to be considered for this work, please submit your quote by 11:00AM on August 20, 2022 to:

Via Email (preferred method): [email protected]
Via Mail: City of Modesto Solid Waste Division
PO Box 642
Modesto, CA 95353
A request for proposal does not commit the City of Modesto to award a contract, to pay for any costs incurred in preparation of a proposal, or to procure a contract for services. The City reserves the right to award by line item, groups of items, or all items. Contracts may be awarded to more than one company in order to provide for backup, or in case the “primary” contractor is unable to meet the City’s needs.

CALENDAR OF EVENTS
Event Date
Opening: July 19, 2022
Mandatory Site Visit: July-19- August 19, 2022
Response Due: BEFORE 11:00 A.M. on August 20, 2022
Estimated Award Date: September 1, 2022
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SCOPE OF WORK
Overview and Intent
The City of Modesto (City) is requiring written proposals from qualified organizations (Contractor(s)) to provide compost facility conceptual design services.

City of Modesto operates a regional windrow composting facility at a site adjacent to the City’s Wastewater Treatment Plant. The facility occupies approximately 50 acres and has the ability to accept green material, food scraps, paper products and biosolids. The current permitted throughput is 500 tons per day. The facility has not had major improvements in design or processing equipment in many years. The implementation of SB 1383 (Short-Lived Climate Pollutant Reduction Strategy) is expected to generate a significant increase in the availability of local organic feedstocks.

The most consequential changes since the facility was first permitted are changes to both the regional air district rules (San Joaquin Valley Air Pollution Control District Rule 4566) and the Statewide General Order on Composting (General Waste Discharge Requirements for Commercial Composting Operations, Order WQ 2020-0012-DWQ). These two regulatory changes, combined with the ambitions of SB 1383 require the City to consider substantial upgrades to the facility.

The most significant site upgrades are likely transitioning to forced aeration (from windrow), improving working surfaces (paving) and drainage, increasing the daily permitted throughput and vehicle traffic, and lastly powering the operation with high voltage material processing equipment. All of the improvements will likely require substantial investment and regulatory oversight. The work will be divided into two phases. Phase I will include a feasibility study to determine site needs and costs. Phase II will include the site operation and improvement project. This RFP is for Phase I, Feasibility study.

The City of Modesto requires that Contractor perform a feasibility study to determine the upgrades needed, implementation timelines and the cost associated with these upgrades to ensure that the site is in compliance with current and upcoming state and local regulations as well as ensuring new revenue sources for the City. The City has separated this project into six (6) tasks, and requests that responses to this quote request address each component separately.

Each component may be selected independently of the other components or in any combination thereof.

Task 1: Preliminary Conceptual Site Design
This task includes laying out a new, reimagined facility, keeping in mind existing infrastructure, required throughput, improvements, utilities, drainage. This task will include verifying or estimating the likely tonnages and feedstocks expected under SB 1383. Contractor will provide the cost and timeline associated with the site design, The current compost facility processes approximately 50,000 tons per year of mostly green material. At full implementation of SB 1383, this tonnage might double, primarily adding more food scraps, including residential food commingled with green material, as well as commercial food waste. A key component of the Conceptual Design would be understanding required facility capacity, given evolving collection programs and contamination of incoming feedstocks, owing largely to plastic and paper often adjacent to, or collected commingled with #18..
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food scraps. The conceptual design would be primarily revolving around several drawings of the facility, with different technology and throughput configurations. This evaluation will include flow and functionality of the compost facility location, methods of composting, and related site needs.

The conceptual design will also consider improvements to existing processing equipment, adding new equipment, laying out an aerated static pile system, considering the need for contaminant removal and management, etc. The re-designed compost facility will also require new and expanded permits. These are discussed in the tasks below.

Task 2: Heavy Equipment and Site Electrification Needs
Most compost facilities require substantial feedstock size reduction capability. Typically, this is in the form of a wood grinder. The City currently uses a 2008 model DiamondZ DZH5000 diesel powered horizontal wood grinder. Local and state air board regulations make permitting large (1,000 HP) grinders considerably challenging and operating hours uncertain. Switching to electric will allow the City certainty in future operations. Numerous facilities (both public and private) have already made the switch from diesel to electric grinders. All report long lag times from the time notifying the local power company to actually having service extended.

The following is needed:

Task 2.1: A list of equipment needed for this site and a summary of costs Task 2.2: Notifying Turlock Irrigation District with the electrical needs (consultant to calculate the voltage needed to switch the site to electrical) Task 3: Staffing
Given the facility expansion proposed in Task 1, equipment needs proposed in Task 2, and ongoing need for growth and maintenance, provide additional staffing recommendations Task 4: Regulatory Permit Revisions
Evaluate the below regulatory agencies and required permits to determine what action the City must take in order to maintain compliance with proposed changes and expansions. Current permitting is described below, however Contractor may need to identify additional regulatory actions to successfully implement the proposed facility changes in previous tasks.

1. Cal Recycle. The compost facility has an existing Solid Waste Facility Permit, a Report of Composting Site Information, and Odor Impact Minimization Plan. These three documents serve as the operating plan for the compost facility. However, these documents will need to be updated/revised to include all of the improvements listed above.

2. Central Valley Regional Water Quality Control Board. Although the compost facility is permitted to operate under the Compost General Order, they have received written Notices of Violations for degradation and ponding on the working surfaces. Under the requirements of the General Order, any modifications to the existing operation (including working surfaces and water runoff collections) would have to be approved by CVRWQCB. #18..
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3. San Joaquin Valley Air Pollution Control District. To date the Modesto Facility has had permits to Operate/Authority to Construct from the SJVAPCD. However, it is likely that increases in throughput and additional food waste would trigger the need for VOC reductions, possible offset credits, and implementation of air quality BMPs. Rule 4566 has various mitigation thresholds and there may be significant cost savings in staying under100,000 tons per year.

4. CEQA. A Revised Solid Waste Facility Permit may or may not trigger additional CEQA analysis above what was done in 1995. However, this scope assumes additional CEQA analysis may be required, however, it is assumed the Contractor would provide technical assistance to a local City-sponsored CEQA consultant (or in house CEQA capability).

CEQA review and can be added once a better understanding of CEQA requirements is known.

Task 5: Compost System Vendor
There are currently three major manufacturers offering high performing aerated static pile (ASP) composting. Because of the likely increase in tonnage and the requirements from the SJVAPCD, the City will be looking to switch the current compost system from windrows to ASP. The Contractor can provide support during this process and has no contractual relationships with any of these vendors. The Contractor will support the City is evaluating the three likely vendors and make a recommendation for a final vendor selection. The Contractor shall support the City during the bidding process.

Task 6: New Sources of revenues
With the above proposed study, the Contractor will assist the City in calculating new sources of revenues to help offset the cost associated with the phase II; site operations and improvement project.

The successful quotes shall furnish all labor, materials, travel or courier expense, test results, equipment, and insurance necessary to perform the services outlined in this request.

QUOTE REQUIREMENTS
Quotes must include the following components to be considered:

1. Cover Letter
a. Introduce firm, project manager and essential staff, any sub-contractors or consultants; no more than two (2) pages.

2. Firm and Team Experience
a. Include recent experience (within the past five [5] years) working on similar projects; no more than three (3) pages.

3. Project Schedule- Scope of Work and Costs by Task
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b. Costs must be itemized by task, time, staffing, materials, and include total based on a one (1) year contract.
c. Quote must be clear, concise, and respond to all requirements set forth in this request— please note any tasks your firm cannot complete in their entirety. This is NOT grounds for the proposal to be rejected.

INSURANCE REQUIREMENTS
Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder and the results of that work by the Contractor, his agents, representatives, employees, or subcontractors. With respect to General Liability, Errors & Omissions, Contractors Pollution Liability, and/or Asbestos Pollution Liability, coverage should be maintained for a minimum of five (5) years after contract completion.

MINIMUM SCOPE AND LIMIT OF INSURANCE
Coverage shall be at least as broad as:

1. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an “occurrence” basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $1,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the required occurrence limit.

2. Automobile Liability: If the Contractor or the Contractor's officers, employees, agents, representatives or subcontractors utilize a motor vehicle in performing any of the work or services under the Agreement Insurance Services Office Form Number CA 0001 covering any auto (Code 1), or if Contractor has no owned autos, hired (Code 8) and non-owned (Code 9) autos, with limit no less than $1,000,000 per accident for bodily injury and property damage.

3. Workers’ Compensation insurance as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease.
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4. Professional Liability (Errors and Omissions) Insurance appropriates to the Consultant’s profession, with limit no less than $2,000,000 per occurrence or claim, $2,000,000 aggregate.

If at any time any of said policies shall be unsatisfactory to the City, as to form or substance or if a company issuing such policy shall be unsatisfactory to the City, the Contractor shall promptly obtain a new policy, submit the same to Risk Manager for approval and submit a certificate thereof as hereinabove provided. Upon failure of the Contractor to furnish, deliver or maintain such insurance and certificates as above provided, this Agreement, at the election of the City, may be forthwith declared suspended, or terminated. Failure of the Contractor to obtain and/or maintain any required insurance shall not relieve the Contractor from any liability under this Agreement, nor shall the insurance requirements be construed to conflict with or otherwise limit the obligations of the Contractor concerning indemnification. The City, it’s agents, officers, employees, and volunteers shall be named as an additional insured on all insurance policies required herein, except Workers' Compensation.

The Workers' Compensation insurer shall agree to waive all rights of subrogation against the City, its agents, officers, employees, and volunteers for losses arising from work performed by Contractor for the City.

The Contractor's insurance policy(ies) shall include a provision that the coverage is primary as respects the City; shall include no special limitations to coverage provided to additional insured; and, shall be placed with insurer(s) with acceptable Best's rating of A: VII or with approval of the Risk Manager.

For any claims related to this project, the Contractor's insurance coverage shall be primary insurance as respects the Entity, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the Entity, its officers, officials, employees, or volunteers shall be excess of the Contractor’s insurance and shall not contribute with it.

Contractor shall either require any subcontractor to procure and to maintain during the term of the subcontract all insurance in the amounts specified above, or shall insure the activities of subcontractors in the policy specified above. The limits of liability required may vary, depending on the type of permit or contract.

The successful bidder shall maintain proper insurance with the City for the duration of the contract.

AWARD OF AGREEMENT
If the City determines to award the agreement, a Professional Services Agreement shall be sent to the successful consultant for the consultant’s signature. No proposal shall be binding upon the City until after duly authorized representatives of both the consultant and the City have signed the agreement. The City reserves the right to reject any or all proposals, and to waive any irregularity. The consultant will be required to submit insurance verification and a copy of a City of Modesto Business License as noted in the standard contract prior to the execution of the contract.
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Exhibit B
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1 FINANCIAL INTEREST DISCLOSURE
REQUEST FOR PROPOSAL AND SPECIFICATIONS NO. 2223-12
PROPOSAL TITLE: MODESTO COMPOST FACILITY FEASIBLITY STUDY

FINANCIAL INTEREST DISCLOSURE

REQUIRED DISCLOSURE BEGINNING THE COUNCIL MEETING
OF JANUARY 7, 2003
The ordinance requiring financial interest disclosure by all parties having a direct or indirect interest of $2,000 or more (except for certain publicly traded companies) will be effective at the Council meeting of January 7, 2003. This means that any Council action on a contract, agreement or development right must be accompanied by a FINANCIAL INTEREST DISCLOSURE FORM listing by name all parties that have a material financial interest in the agreement, contract or development right.

PLEASE NOTE, any Council action that requires a FINANCIAL INTEREST DISCLOSURE cannot be considered by the City Council until the required reporting is made. That means that Agenda Items without the DISCLOSURE will be removed from the Council Agenda.

FinDisclosure12-19
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2 FINANCIAL INTEREST DISCLOSURE
All persons included within the meaning of either of the following tests have a material financial interest in an agreement, or application for development rights, submitted for approval or disapproval by the City Council, and shall be identified by the applicant, by name.

Tests of Materiality:

1. Whether it is foreseeable to a reasonable person that the value of their interest in property available for use by an applicant, or their interest in the applicant itself, may increase or decrease by an amount greater than $2,000.00 as a direct or indirect result of Council action on the applicant’s agreement or application for development rights.

2. Whether it is foreseeable to a reasonable person that the person’s gross income from the applicant may increase or decrease by a sum greater than $2,000.00 as a direct or indirect result of Council action on the agreement or application for development rights.

It is the legal obligation of all applicants for approval of an agreement or of an application for development rights to verify in writing, under penalty of perjury, that the identity of each person having a material financial interest in the agreement or application or development rights is true, correct and complete.

The applicant understands that this information is provided under penalty of perjury, and that intentionally supplying misinformation or deception may result in either invalidation of the agreement or application, or criminal prosecution for misdemeanor violation of the Modesto Municipal Code, or both. Negligent provision of misinformation shall be grounds for invalidation. In accordance with the Modesto Municipal Code, each applicant has a continuing obligation to maintain the truth, accuracy and completeness of the financial interest disclosure information provided below until after final consideration by the City Council of any matter arising out of or relating to the agreement or application.

By signing this document, I agree to the information contained within.

COMPANY NAME: HDR Engineering Inc. _______________________________________ __________________________________
APPLICANT’S NAME (SIGNATURE):

Holly Kennedy, Northern California Area Manager
__________________________________
APPLICANT’S NAME/TITLE (PRINT):

Applicable Names: NONE DATE: September 29, 2022
(See attached list)
Questions concerning the application of either test to particular facts should be resolved in advance of Council action by agreement with the department head recommending approval of its agreement/application.

DIRECTOR
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3 FINANCIAL INTEREST DISCLOSURE
COMPANY NAME: HDR ENGINEERING, INC.

NAMES
Signature / Print: None
Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:

Signature / Print:
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Unit Price Extended Price Unit Price Extended Price Unit Price Extended Price Unit Price Extended Price Compost Facility Feasibility Study 1 $97,054.19 $97,054.19 Declined to Submit Declined to Submit No Response Agreed to work with Inculdes: Project Management, Clarification of Feedstock HDR on Study Conceptual Site Design, Cost Estimate, Eletrification
Evaluation, Staffing, Regulatory Permit Assesment,
Vendor Engagement, New Source Revenues &
Summary Repost
Agreed to work with
Total Estimated Cost $97,054.19 Declined to Submit No Response HDR on Study Matt Cotton
Matt agreed to work
with HDR on the
Study.
8-29-2022 Sent request
for inforamtion on why
they did not submit a
quote, received no
reposnse back.

MODESTO, CA 95353
P.O. BOX 642
Vendor stated they
had to much work
currently under
contract and would
not be able to
perform the work in
accordance with the
City's needs,

PURCHASING DIVISION

CITY OF MODESTO
Coker Composting &
Consulting
HDR Engineering Inc. Compost Systems
Sacramento, CA

ITEM/DESCRIPTION
UOM
QTY
September 1, 2022

FEASIBILITY STUDY FOR CITY'S COMPOST
PH: (209) 571-5164 FAX: (209) 544-8821
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CITY OF MODESTO

COUNCIL AGENDA REPORT
DATE OF MEETING:

December 6, 2022
Date: October 28, 2022
TO: Mayor and City Council
THROUGH: Joseph P. Lopez, City Manager
FROM: Bill Sandhu, Director of Public Works
SUBJECT: Rebid Upgrade Traffic Signals - 2017
CONTACT: James Ashby, Associate Engineer, [email protected], 209-571-5116 DESCRIPTION:

Consider approving the Plans and Specifications for the Rebid Upgrade Traffic Signals - 2017 Project, accepting the bid, and awarding a contract to St. Francis Electric, LLC of San Leandro, CA for a total amount not to exceed $935,567. (Funding Source: Congestion Mitigation Air Quality Grant)
STRATEGIC PLAN ELEMENT:

This item is in conformance with City of Modesto Strategic Plan Area: Service Delivery Goals and Strategies: “Build community trust in City government through responsive, transparent and efficient service delivery”; Goal J: “build a high-performance organization”.

BACKGROUND:

The Rebid Upgrade Traffic Signals - 2017 project will remove all the existing traffic signal standards, conduit, wiring and traffic signals equipment at the intersections of Needham Avenue at 11th Street and 1st Street at H Street. This project will also relocate the traffic signal cabinet to a more accessible area, upgrade the cabinet to current standards, install new conduit and signal interconnect cable, and upgrade pedestrian push buttons to be Americans with Disabilities Act (ADA) compliant. Additionally, this project will install Emergency Vehicle Pre-emption (EVP) and new video detection cameras at these intersections. This initiative also supports the future implementation of video detection cameras, signal performance software, adaptive software, and additional intelligent transportation system elements.

The City applied for a Congestion Mitigation and Air Quality (CMAQ) Grant for Upgrade Traffic Signals 2017 in May of 2014 and was granted approval to proceed with the project.

In June 2016, the California Department of Transportation (Caltrans) authorized preliminary engineering funds in the amount of $114,675, and on September 13, 2016, by Resolution 2016- 348, Council approved the budget adjustment.
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Rebid Upgrade Traffic Signals - 2017

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In July 2018, Caltrans authorized $968,425 in construction funds for the project. In May 2021, the project limits were reduced, and the construction funds were reduced to $868,750. On June 22, 2021, per Resolution 2021-234, Council approved a budget adjustment for construction funds.

The Upgrade Traffic Signals 2017 project was originally advertised for bids on December 6, 2021, having only a base bid with an engineer’s estimate of $702,896. Bids were publicly opened on January 11, 2022, pursuant to City Charter Section 1307, and seven bids were received. The bids received were above the engineer’s estimate by approximately 55.6% due to inflation and current construction pricing.

On March 8, 2022, by Resolution No. 2022-136, Council approved rejecting all bids for the Upgrade Traffic Signals 2017 Project and authorizing staff to re-advertise the project for bids at a future date.

City staff reached out to Stanislaus Council of Governments (StanCOG) to request additional funding. In August 2022, Caltrans authorized an additional $240,000 in construction funds due to inflation and current construction costs; and on October 11, 2022, per Resolution 2022-413, Council approved a budget adjustment.

DISCUSSION:

The Rebid Upgrade Traffic Signals - 2017 project was advertised for bids on August 30, 2022.

Bids were publicly opened on October 4, 2022, and St. Francis Electric, LLC of San Leandro, CA was the apparent low bidder. The bid tabulation is attached.

The bid analysis is:

Number of responsive bids received 4
Number of bids within 10% of engineer’s estimate 0
Number of bids below the engineer’s estimate 0
The engineer’s estimate and the bids are considered reasonable whenever any of the bids are within 10% of the engineer’s estimate. St. Francis Electric’s bid is 35.81% above the engineer’s estimate and the other three bids ranged between 44.07% to 63.99% above the engineer’s estimate. Although the lowest bid is 35.81% above the engineer’s estimate, City staff has deemed the apparent low bid as reasonable and does not believe another bid would result in a lower cost for the work.

Recently, the City opened bids for the New Traffic Signal Installation Oakdale Road at Claratina Avenue project on August 30, 2022, and the City received five bids, which ranged between

29.56 to 52.81 percent over the engineer’s estimate. Staff believes that due to the current cost of construction, because of COVID related delays, rejecting and re-bidding will have the potential of increasing unit costs.

Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment, or contractual services to follow the formal bid procedures. An award of $850,515 and agreement for construction for Public Works Department to use St. Francis Electric, LLC of San Leandro, CA, conforms to the Modesto Municipal Code because the City complied with the formal bid procedures and St. Francis Electric, LLC was the #19..
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lowest responsive and responsible bidder. Therefore, City staff recommends awarding the contract to St. Francis Electric, LLC of San Leandro, CA.

FISCAL IMPACT:

This project will be funded by CMAQ.
100968 – Capital Grants - Streets CIP Projects - 3160 “Upgrade Traffic Signals 2017” DESIGN BUDGET:

Engineering/Design/Administration Support – City Staff $114,675 ANTICIPATED CONSTRUCTION EXPENDITURES Total
Construction Contract $850,515
Construction Contingency (10%) $85,052
Construction Admin City Staff (13%) $110,567
Design Support During Construction (2%) $17,010
TOTAL ANTICIPATED EXPENDITURES: $1,063,144
PROJECT REVENUE Total
Congestion Mitigation and Air Quality (CMAQ) $1,223,425 TOTAL ANTICIPATED REVENUE: $1,223,425
The City’s “Change Order Approval Policy” enacted by Council Resolution No. 1994-443 on July 19, 1994, and updated by Resolution No. 2019-326 on July 9, 2019, established a contract change order budget of 10% for construction contracts at least $250,000 but less than $1,000,000.

COMMITTEE RECOMMENDATION:

On October 4, 2021, the Economic Development Committee reviewed and recommended a list of upcoming Capital Improvement projects for Council approval to award, which included this project.

CEQA/NEPA REQUIREMENTS:

Environmental review has been provided through a Categorical Exemption under CEQA Section 15301, EA/PW 2019-011, filed July 9, 2019.

RECOMMENDED COUNCIL ACTION:

Staff Recommendations:

Resolution approving the Plans and Specifications for the Rebid Upgrade Traffic Signals - 2017 Project, accepting the bid, and awarding a Contract to St. Francis Electric, LLC of San Leandro, CA, in the amount of $850,515, plus $85,052 for contingency (if needed), for a total amount not to exceed $935,567, and authorizing the City Manager, or his designee, to execute the Agreement.
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City Council, December 6, 2022
Rebid Upgrade Traffic Signals - 2017

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Approved by:

Bill Sandhu, Director of Public Works
Joseph P. Lopez, City Manager
Attachments:

1. Resolution

2. Bid Results

3. Contract with St. Francis Electric, LLC
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1 2022-

MODESTO CITY COUNCIL
RESOLUTION NO. 2022-

RESOLUTION APPROVING THE PLANS AND SPECIFICATIONS FOR THE REBID UPGRADE TRAFFIC SIGNALS - 2017 PROJECT, ACCEPTING THE BID, AND AWARDING A CONTRACT TO ST. FRANCIS ELECTRIC, LLC OF SAN LEANDRO, CA, IN THE AMOUNT OF $850,515, PLUS $85,052 FOR

CONTINGENCY (IF NEEDED), FOR A TOTAL AMOUNT NOT TO EXCEED $935,567, AND AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO

EXECUTE THE AGREEMENT
WHEREAS, plans and specifications have been prepared for the Rebid Upgrade Traffic Signals - 2017 project, and City staff recommends approval by the City Council; and
WHEREAS, the bids received for the Rebid Upgrade Traffic Signals - 2017 project, were publicly opened at 11:00 a.m. on October 4, 2022, and later tabulated by the Director of Public Works for the consideration of Council; and WHEREAS, the Director of Public Works has recommended that the bid of $850,515 received from St. Francis Electric, LLC of San Leandro, CA be accepted as the lowest responsible and responsive bid and that the contract be awarded to St. Francis Electric, LLC; and
WHEREAS, Modesto Municipal Code Section 8-3.203 generally requires all purchases, which meet or exceed $50,000 for material, equipment, or contractual services, to follow the formal bid procedures; and
WHEREAS, an award of $850,515 and agreement for construction for Public Works Department to use St. Francis Electric, LLC of San Leandro, CA, conforms to the Modesto Municipal Code because the City complied with the formal bid procedures and St. Francis Electric, LLC of San Leandro, CA, was the lowest responsive bidder; and #19..
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2 2022-
WHEREAS, the City’s “Change Order Approval Policy” enacted by Council Resolution No. 1994-443 on July 19, 1994, and updated by Resolution No. 2019-326 on July 9, 2019, established a contract change order budget of 10% for construction contracts at least $250,000 but less than $1,000,000.

NOW, THEREFORE BE IT RESOLVED, by the Council of the City of Modesto that it hereby approves the plans and specifications for the Rebid Upgrade Traffic Signals - 2017 project, accepts the bid, and awards a contract to St. Francis Electric, LLC of San Leandro, CA, in the amount of $850,515, plus $85,052 for contingency (if needed), for a total amount not to exceed $935,567, and awards St. Francis Electric, LLC the contract for the Rebid Upgrade Traffic Signals - 2017 project.

BE IT FURTHER RESOLVED, that the City Manager, or his designee, is hereby authorized to execute the contract, in a form approved by the City Attorney. #19..
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3 2022-
The foregoing resolution was introduced at a regular meeting of the Council of the City of Modesto held on the 6th day of December, 2022, by Councilmember ?, who moved its adoption, which motion being duly seconded by Councilmember ?, was upon roll call carried and the resolution adopted by the following vote:

AYES: Councilmembers: ?
NOES: Councilmembers: ?
ABSENT: Councilmembers: ?
ATTEST:

DIANE NAYARES-PEREZ, CMC, City Clerk
(SEAL)
APPROVED AS TO FORM:

BY:

JOSE M. SANCHEZ, City Attorney
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CML 5059(222) Page 1 of 4 2023-04 Rebid Upgrade Traffic Signals - 2017 Bid Tabulation Wednesday, October 12, 2022
Project Title: Rebid Upgrade Traffic Signals - 2017
Project ID #: 2023-04
Vault ID #: 25-D-0231
Account #: 100968
Bid Opening: 10/4/2022 at 11:00 AM Designer: James Ashby Basis of Award: By Blind Bid Design Manager: James Ashby Project Description: This project will upgrade two existing traffic signals in Modesto’s Downtown Business District at the Intersections of 11th Street at Needham Avenue and 1st Street at H Street.

Item # Item Description Units Quantity Unit Price Extension Apparent Low Bidder
St. Francis Electric, LLC
(510) 639-0639 Fax (510) 639-4653 975 Carden Street San Leandro CA 94577 Base Bid

1. Traffic Control, Barricades, and Other LS 1 $15,000.00 $15,000.00 Related Fees – 11th Street at Needham
Avenue

2. Clearing, Grubbing and Mobilization – 11th LS 1 $18,000.00 $18,000.00 Street at Needham Avenue

3. Upgrade Traffic Signal at the Intersection of LS 1 $379,000.00 $379,000.00 11th Street at Needham Avenue

4. Water Pollution Control Plan (WPCP) – 11th LS 1 $3,500.00 $3,500.00 Street at Needham Avenue

5. Potholing and Utility Coordination – 11th LS 1 $15,000.00 $15,000.00 Street at Needham Avenue

6. Removal and Installation of Striping, LS 1 $11,375.00 $11,375.00 Markings, and Signage – 11th Street at
Needham Avenue
Subtotal: $441,875.00
Bid Alternate 1
101. Traffic Control, Barricades, and Other LS 1 $15,000.00 $15,000.00 Related Fees – 1st Street at H Street
102. Clearing, Grubbing and Mobilization – 1st LS 1 $16,000.00 $16,000.00 Street at H Street
103. Upgrade Traffic Signal at the Intersection of LS 1 $355,000.00 $355,000.00 1st Street at H Street
104. Potholing and Utility Coordination – 1st LS 1 $10,000.00 $10,000.00 Street at H Street
105. Removal and Installation of Striping, LS 1 $10,140.00 $10,140.00 Markings, and Signage – 1st Street at H
Street
106. Water Pollution Control Plan (WPCP) – 1st LS 1 $2,500.00 $2,500.00 Street at H Street
Subtotal: $408,640.00
Total: $850,515.00
Percent From Engineer's Estimate: 35.81%
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CML 5059(222) Page 2 of 4 2023-04 Rebid Upgrade Traffic Signals - 2017 Item # Item Description Units Quantity Unit Price Extension Tennyson Electric, Inc.
(925) 606-1038 7275 National Drive, Suite A2 Livermore CA 94550 Base Bid

1. Traffic Control, Barricades, and Other LS 1 $38,750.00 $38,750.00 Related Fees – 11th Street at Needham
Avenue

2. Clearing, Grubbing and Mobilization – 11th LS 1 $13,500.00 $13,500.00 Street at Needham Avenue

3. Upgrade Traffic Signal at the Intersection of LS 1 $347,850.00 $347,850.00 11th Street at Needham Avenue

4. Water Pollution Control Plan (WPCP) – 11th LS 1 $2,500.00 $2,500.00 Street at Needham Avenue

5. Potholing and Utility Coordination – 11th LS 1 $13,650.00 $13,650.00 Street at Needham Avenue

6. Removal and Installation of Striping, LS 1 $19,500.00 $19,500.00 Markings, and Signage – 11th Street at
Needham Avenue
Subtotal: $435,750.00
Bid Alternate 1
101. Traffic Control, Barricades, and Other LS 1 $37,500.00 $37,500.00 Related Fees – 1st Street at H Street
102. Clearing, Grubbing and Mobilization – 1st LS 1 $14,850.00 $14,850.00 Street at H Street
103. Upgrade Traffic Signal at the Intersection of LS 1 $377,850.00 $377,850.00 1st Street at H Street
104. Potholing and Utility Coordination – 1st LS 1 $14,875.00 $14,875.00 Street at H Street
105. Removal and Installation of Striping, LS 1 $18,950.00 $18,950.00 Markings, and Signage – 1st Street at H
Street
106. Water Pollution Control Plan (WPCP) – 1st LS 1 $2,500.00 $2,500.00 Street at H Street
Subtotal: $466,525.00
Total: $902,275.00
Percent From Engineer's Estimate: 44.07%
Bear Electrical Solutions, Inc.
(408) 449-5178 1252 State Street Alviso CA 95002-0924
Base Bid

1. Traffic Control, Barricades, and Other LS 1 $18,200.00 $18,200.00 Related Fees – 11th Street at Needham
Avenue

2. Clearing, Grubbing and Mobilization – 11th LS 1 $60,000.00 $60,000.00 Street at Needham Avenue

3. Upgrade Traffic Signal at the Intersection of LS 1 $389,000.00 $389,000.00 11th Street at Needham Avenue

4. Water Pollution Control Plan (WPCP) – 11th LS 1 $1,000.00 $1,000.00 Street at Needham Avenue

5. Potholing and Utility Coordination – 11th LS 1 $15,000.00 $15,000.00 Street at Needham Avenue
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CML 5059(222) Page 3 of 4 2023-04 Rebid Upgrade Traffic Signals - 2017 Item # Item Description Units Quantity Unit Price Extension

6. Removal and Installation of Striping, LS 1 $17,575.00 $17,575.00 Markings, and Signage – 11th Street at
Needham Avenue
Subtotal: $500,775.00
Bid Alternate 1
101. Traffic Control, Barricades, and Other LS 1 $18,200.00 $18,200.00 Related Fees – 1st Street at H Street
102. Clearing, Grubbing and Mobilization – 1st LS 1 $60,000.00 $60,000.00 Street at H Street
103. Upgrade Traffic Signal at the Intersection of LS 1 $340,200.00 $340,200.00 1st Street at H Street
104. Potholing and Utility Coordination – 1st LS 1 $15,000.00 $15,000.00 Street at H Street
105. Removal and Installation of Striping, LS 1 $17,575.00 $17,575.00 Markings, and Signage – 1st Street at H
Street
106. Water Pollution Control Plan (WPCP) – 1st LS 1 $1,000.00 $1,000.00 Street at H Street
Subtotal: $451,975.00
Total: $952,750.00
Percent From Engineer's Estimate: 52.13%
Collins Electrical Company, Inc.
(209) 466-3691 3412 Metro Drive Stockton CA 95215
Base Bid

1. Traffic Control, Barricades, and Other LS 1 $15,000.00 $15,000.00 Related Fees – 11th Street at Needham
Avenue

2. Clearing, Grubbing and Mobilization – 11th LS 1 $10,000.00 $10,000.00 Street at Needham Avenue

3. Upgrade Traffic Signal at the Intersection of LS 1 $490,000.00 $490,000.00 11th Street at Needham Avenue

4. Water Pollution Control Plan (WPCP) – 11th LS 1 $1,000.00 $1,000.00 Street at Needham Avenue

5. Potholing and Utility Coordination – 11th LS 1 $15,000.00 $15,000.00 Street at Needham Avenue

6. Removal and Installation of Striping, LS 1 $15,000.00 $15,000.00 Markings, and Signage – 11th Street at
Needham Avenue
Subtotal: $546,000.00
Bid Alternate 1
101. Traffic Control, Barricades, and Other LS 1 $15,000.00 $15,000.00 Related Fees – 1st Street at H Street
102. Clearing, Grubbing and Mobilization – 1st LS 1 $5,000.00 $5,000.00 Street at H Street
103. Upgrade Traffic Signal at the Intersection of LS 1 $435,000.00 $435,000.00 1st Street at H Street
104. Potholing and Utility Coordination – 1st LS 1 $15,000.00 $15,000.00 Street at H Street
105. Removal and Installation of Striping, LS 1 $10,000.00 $10,000.00 Markings, and Signage – 1st Street at H
Street
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CML 5059(222) Page 4 of 4 2023-04 Rebid Upgrade Traffic Signals - 2017 Item # Item Description Units Quantity Unit Price Extension 106. Water Pollution Control Plan (WPCP) – 1st LS 1 $1,000.00 $1,000.00 Street at H Street
Subtotal: $481,000.00
Total: $1,027,000.00
Percent From Engineer's Estimate: 63.99%
Engineer's Estimate
Base Bid

1. Traffic Control, Barricades, and Other LS 1 $12,333.00 $12,333.00 Related Fees – 11th Street at Needham
Avenue

2. Clearing, Grubbing and Mobilization – 11th LS 1 $14,000.00 $14,000.00 Street at Needham Avenue

3. Upgrade Traffic Signal at the Intersection of LS 1 $323,274.00 $323,274.00 11th Street at Needham Avenue

4. Water Pollution Control Plan (WPCP) – 11th LS 1 $2,000.00 $2,000.00 Street at Needham Avenue

5. Potholing and Utility Coordination – 11th LS 1 $7,500.00 $7,500.00 Street at Needham Avenue

6. Removal and Installation of Striping, LS 1 $16,667.00 $16,667.00 Markings, and Signage – 11th Street at
Needham Avenue
Subtotal: $375,774.00
Bid Alternate 1
101. Traffic Control, Barricades, and Other LS 1 $7,500.00 $7,500.00 Related Fees – 1st Street at H Street
102. Clearing, Grubbing and Mobilization – 1st LS 1 $12,333.00 $12,333.00 Street at H Street
103. Upgrade Traffic Signal at the Intersection of LS 1 $200,000.00 $200,000.00 1st Street at H Street
104. Potholing and Utility Coordination – 1st LS 1 $16,667.00 $16,667.00 Street at H Street
105. Removal and Installation of Striping, LS 1 $12,000.00 $12,000.00 Markings, and Signage – 1st Street at H
Street
106. Water Pollution Control Plan (WPCP) – 1st LS 1 $2,000.00 $2,000.00 Street at H Street
Subtotal: $250,500.00
Total: $626,274.00
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A-1 City of Modesto
CML 5059(222) Rebid Upgrade Traffic Signals - 2017

PUBLIC WORKS DEPARTMENT
REBID UPGRADE TRAFFIC SIGNALS - 2017
FEDERAL AID PROJECT NUMBER: CML 5059(222)

IN MODESTO CALIFORNIA
This Agreement, between the CITY OF MODESTO, a municipal corporation (the “City”), and ST. FRANCIS ELECTRIC, LLC, a California corporation (the “Contractor”), is entered into as of December 6, 2022.

R E C I T A L S

1. That in consideration of the payments and agreements mentioned below, to be performed by the Contractor, and under the conditions expressed in the applicable payment and performance bonds, the City agrees with the Contractor, at its own cost and expense, to do all the work and furnish all the materials, except such as are mentioned in the Contract Documents to be furnished by the City, necessary to construct and complete in a good, workmanlike and substantial manner and to the satisfaction of the Director of Utilities, the work described in the Contract Documents as described in Paragraph 4 of this Agreement. The federal wage rates applicable to this contract are attached hereto as Exhibit A.

2. The Federal Highway Administration (FHWA) Form FHWA-1273 REQUIRED CONTRACT PROVISIONS FEDERAL-AID CONTRACTS is applicable to this contract and subcontracts and attached hereto as Exhibit B and incorporated herein by reference.

3. The United States Department of Transportation (USDOT) Standard Title VI/Non-Discrimination Assurances, Appendices A-E are applicable to this contract and subcontracts and attached hereto as Exhibit C and incorporated herein by reference.

A G R E E M E N T

1. The Work. The City hereby agrees with the Contractor to employ it to provide the materials and to do the work according to Paragraph 4, for the prices bid; and the parties for themselves, their successors, and assigns, agree to the full performance of their promises. a. The Special Provisions for the work to be done shall be entitled:

CITY OF MODESTO,

PUBLIC WORKS DEPARTMENT
REBID UPGRADE TRAFFIC SIGNALS - 2017
FEDERAL AID PROJECT NUMBER: CML 5059(222)

IN MODESTO, CALIFORNIA
b. The Project Plans for the work to be done are entitled:

CITY OF MODESTO,

PUBLIC WORKS DEPARTMENT
REBID UPGRADE TRAFFIC SIGNALS - 2017
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FEDERAL AID PROJECT NUMBER: CML 5059(222)

IN MODESTO CALIFORNIA
c. Location of Work. The Work will be performed at the locations listed in the Special Provisions and Project Plans.

2. Commencement and Completion of the Work. The Work contemplated herein shall be commenced on the date specified in the Notice to Proceed for this Agreement. The work shall be substantially completed within NINETY (90) working days after the date specified in the Notice to Proceed. The Notice to Proceed shall not be issued until the Director of Utilities receives and has on file:
a. Proofs of insurance (approved by Risk Management),
b. Bonds (approved by the City Attorney),
c. City of Modesto Business License, and
d. Executed Agreement.

Contractor will not be held responsible for failure to complete the Work within the specified time if delay is due to matters beyond its reasonable control. Contractor shall make all good faith attempts to overcome or minimize such matters, and to finish the work in the shortest reasonable amount of time.

3. Prevailing Wages. The State general prevailing wage rates are determined by the Director of Industrial Relations in cases where they are higher than the federal rates listed in Exhibit A. It is further agreed by the parties that should there be any conflict between the terms of this Agreement and the Contractor’s bid, then this Agreement shall control.

4. Contract Documents. The complete Agreement between the parties consists of the documents listed below, including any addenda to these documents. The documents are complementary and provide for a complete work; if a discrepancy exists, the governing ranking of the documents is set forth, in descending order:
a. Executed and signed, written Agreement;
b. Section 14 of the Special Provisions;
c. All other sections of the Special Provisions;
d. Project Plans;
e. City Standard Details, current edition
f. City Standard Specifications, current edition
g. Revised State Standard Specifications;
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h. State Standard Specifications;
i. Revised State Standard Plans;
j. State Standard Plans; and
k. All required Bonds.

All documents specified above are intended to operate so that any component of the Work called for in one document and not mentioned in any other, or vice versa, is to be executed the same as if mentioned in all of the documents. The listed documents comprise the Contract Documents.

5. Liability Insurance. Contractor certifies that it is aware of the provisions of Section 3700 of the California Labor Code which require every employer to be insured against liability for workers' compensation or to undertake self-insurance in accordance with the provisions of that code, Contractor will comply with such provisions before commencing the performance of the work of this contract.
a. General. Contractor shall procure and maintain for the duration of this Agreement, and for the entire duration covered by the warranty bond, insurance as required by the Contract Documents and against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Work by the Contractor, its agents, representatives, employees, or subcontractors.
b. Minimum Scope and Limit of Insurance. Coverage shall be at least as broad as:
i. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01, including products and completed operations, with limits of no less than $3,000,000 per occurrence for bodily injury, personal injury, and property damage. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit. ii. Automobile Liability: Insurance Services Office Form Number CA 0001 covering Code 1 (any auto), with limits no less than $2,000,000 per accident for bodily injury and property damage.
iii. Workers’ Compensation insurance as required by the State of California, with Statutory Limits, and Employers’ Liability insurance with a limit of no less than $1,000,000 per accident for bodily injury or disease.
iv. Builder’s Risk (Course of Construction) insurance utilizing an “All Risk” (Special Perils) coverage form, with limits equal to the completed value of the project and no coinsurance penalty provisions, is not required.
v. Contractors’ Pollution Legal Liability and/or Asbestos Legal Liability and/or Errors and Omissions with limits no less than $1,000,000 per occurrence or #19..
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claim, and $2,000,000 policy aggregate, is required.
c. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. At the option of the City, either: the contractor shall cause the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officers, officials, employees, and volunteers; or the Contractor shall provide a financial guarantee satisfactory to the City guaranteeing payment of losses and related investigations, claim administration, and defense expenses. d. Other Insurance Provisions. The insurance policies are to contain, or be endorsed to contain, the following provisions:
i. The City, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL and automobile liability policies with respect to liability arising out of with respect to liability arising out of work or operations performed by or on behalf of the Contractor including materials, parts, or equipment furnished in connection with such work or operations and automobiles owned, leased, hired, or borrowed by or on behalf of the Contractor. General liability coverage can be provided in the form of an endorsement to the Contractor’s insurance (at least as broad as ISO Form CG 20 10, 11 85 or both CG 20 10 and CG 23 37 forms if later revisions used).
ii. For any claims related to this project, the Contractor’s insurance coverage shall be primary insurance as respects the City, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees, or volunteers shall be excess of the Contractor’s insurance and shall not contribute with it.
iii. Each insurance policy required by this clause shall provide that coverage shall not be canceled, except with notice to the City. e. Builder’s Risk (Course of Construction) Insurance. Contractor may submit evidence of Builder’s Risk insurance in the form of Course of Construction coverage.

Such coverage shall name the City as a loss payee as their interest may appear. f. Claims Made Policies. If any coverage required is written on a claimsmade coverage form:
i. The retroactive date must be shown, and this date must be before the execution date of the contract or the beginning of contract work. ii. Insurance must be maintained, and evidence of insurance must be provided for at least five (5) years after completion of contract work. iii. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a retroactive date prior to the contract effective, or start of work date, the Contractor must purchase extended reporting period coverage for a minimum of five (5) years after completion of contract work.
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iv. A copy of the claims reporting requirements must be submitted to the City for review.
v. If the services involve lead-based paint or asbestos identification/remediation, the Contractors Pollution Liability policy shall not contain lead-based paint or asbestos exclusions. If the services involve mold identification/remediation, the Contractors Pollution Liability policy shall not contain a mold exclusion, and the definition of Pollution shall include microbial matter, including mold. g. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best rating of no less than A: VII, unless otherwise acceptable to the City. h. Waiver of Subrogation. Contractor hereby agrees to waive rights of subrogation which any insurer of Contractor may acquire from Contractor by virtue of the payment of any loss. Contractor agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation. The Workers’ Compensation policy shall be endorsed with a waiver of subrogation in favor of the City for all work performed by the Contractor, its employees, agents, and subcontractors.
i. Verification of Coverage. Contractor shall furnish the City with original certificates and amendatory endorsements, or copies of the applicable insurance language, effecting coverage required by this contract. The Contractor must deliver certificates evidencing existence of the insurance and specified endorsements listed above to the Director of Utilities within 5 business days after the Notice of Award is received. However, failure to obtain the required documents prior to the work beginning shall not waive the Contractor’s obligation to provide them. The City reserves the right to require complete, certified copies of all required insurance policies, including endorsements, required by Contract documents, at any time. j. Subcontractors. Contractor shall require and verify that all subcontractors maintain insurance for the duration of the project and through acceptance by City Council.

6. Indemnity. The Contractor shall hold the City, its agents, officers, employees, and volunteers, harmless from and save, defend and indemnify them against any and all claims, losses, liabilities, judgments or damages from every cause, including but not limited to injury to person or property or wrongful death, including reasonable costs and expenses of defense of any judicial or administrative action (collectively “Claims”), arising directly or indirectly out of any negligent or intentional act or omission of Contractor, or its agents, officers, employees, or volunteers relating to or during the performance of its obligations under this Agreement, except to the extent such Claims arise from the sole negligence or willful misconduct of City.

Contractor's obligation to defend, indemnify, and hold the City, its agents, officers, and employees harmless under the provisions of this paragraph is not limited to or restricted by any requirement in this Agreement for Contractor to procure and maintain a policy of insurance.
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7. Termination of Agreement.
a. Termination by City for Default of Contractor. Should Contractor default in the performance of this Contract or materially breach any of its provisions, at its option, City may terminate this Contract by giving written notification to Contractor. The termination date shall be the effective date of the notice. For the purposes of this section, material breach of this Contract shall include, but not be limited to, any of the following: failure to perform required services or duties, willful destruction of City's property by Contractor, dishonesty, or theft. Such termination shall be in accordance with the Contract Documents.

If this Contract is terminated, Contractor shall cease all its work on the project as of the termination date and shall see to it that its employees, subcontractors, and agents are notified of such termination and cease their work.

The Contractor understands and agrees that City may, in City's sole discretion, refuse to pay Contractor for that portion of Contractor's services which were performed by Contractor on the project prior to the termination date and which remain unacceptable and/or not useful to City as of the termination date. When these provisions contradict those found in the General Provisions of City’s Standard Specifications, the latter shall prevail.
b. Termination by City for Convenience. The City may terminate the Contractor's performance under the Contract, either in whole or in part, at its own discretion or when conditions encountered during the Work make it impossible or impracticable to proceed, or when the City is prevented from proceeding with the Contract by act of God, by law, or by official action of a public authority, or upon a determination that such termination is in the best interest and convenience of the City, or whenever the City is prohibited from completing the Work for any reason. The City shall provide no less than ten (10) days written notice of its intent to terminate the Contract for convenience and shall endeavor to provide the Contractor with consultation with the City prior to termination.
c. Upon receipt of a written Notice of Termination pursuant to this section, the Contractor shall:
i. Cease its work as directed in the Notice of Termination as of the termination date and see to it that its employees, subcontractors and agents are notified of such termination and act as specified in the notice of termination; ii. Terminate all orders and subcontractors except as necessary to complete any portion of the Work that is not terminated; iii. If directed in writing by the City to do so, assign all right, title and interest in subcontracts and materials in progress to City, in which case the City will have the right at its discretion to settle, or pay any or all claims arising out of the termination of such subcontractors, but in no event shall recovery by any Contractor or subcontractor include lost profits for portions of the Work not completed or undertaken, including materials not delivered; #19..
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iv. Deliver or otherwise make available to the City all data, drawings, specifications, reports, estimates, summaries and such other information and material as may have been accumulated by the Contractor in performing the Work whether completed or in process;
v. Settle outstanding liabilities and claims, subject to the approval of City;
vi. Complete performance of such part of the Work as has not been terminated;
vii. Take such other actions as may be necessary, or as may be directed by the City for the protection and preservation of the Work and/or property related to the Work; viii. If City so requests, and at City's cost, Contractor shall provide sufficient oral or written status reports to make City reasonably aware of the status of Contractor's work on the project.
d. City will pay Contractor an amount based on the percentage of work completed in accordance with the Notice of Termination. The final payment to the Contractor after termination for convenience shall be limited to amounts due and owing under the Contract at time of termination, including the following:
i. Any actual costs incurred by the Contractor for restocking charges; ii. The agreed upon price of protecting the Work in any manner, if any, as directed by the City;
iii. The cost of settling and paying valid claims arising out of the termination of the Work such as subcontract agreements or contracts for materials; iv. The contract price allocable to the portion of the Work properly performed or goods supplied by the Contractor as of the date of termination, as determined in accordance with the Notice of Termination, reduced by any sums previously paid to the Contractor.
e. The City shall have the right to withhold any portion or the whole of the final payment under this provision in the event there are any outstanding Claims for compensation asserted either by the City against the Contractor or by any third party against the City or the Contractor which arise out of the Contractor's work. f. Authorization to Terminate Contract. Termination of the Contract may be invoked by the City Manager, or his/her designee, subject to the right of the Contractor to appeal the City Manager, or his/her designee’s, decision to the City Council. The Contractor shall appeal by notifying the City Clerk in writing within ten (10) business days of receipt of notification from City to terminate the Contract. In the event that termination of this contract is upheld by the City Council, any valid claims for delay shall be retroactive to the date of termination selected by the City Manager, or designee.
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8. Notices. Any notice, payment or instrument required or permitted by this Agreement to be given to either party shall be deemed to have been received when personally delivered, or one calendar week following deposit of the same in any United States Post Office, registered or certified mail, postage prepaid, addressed as follows:

Contractor: St. Francis Electric, LLC
Attn: Guy Smith, Vice President
975 Carden Street
San Leandro, CA 94577
Phone (510) 639-0639, Fax (510) 639-4653
City: City of Modesto
Utilities Director
P.O. Box 642
Modesto, California 95353
Phone (209) 577-5215, Fax (209) 577-4302
Each party may change its address for delivery of notice by delivering written notice of such change of address to the other party.

9. Compensation. Contractor agrees to accept the following prices as full compensation for furnishing all materials provided by it, and for doing all the Work contemplated in the Contract Documents, as may be modified by mutual later agreement in writing:

CONTRACTOR’S BID
Item
No.

Item Description Unit of
Measure
Estimated
Quantity
Unit Price
(Figures)
Total Price
(Figues)

1. Traffic Control, Barricades, and Other
Related Fees – 11th Street at Needham
Avenue
LS 1 $15,000.00 $15,000.00

2. Clearing, Grubbing and Mobilization –
11th Street at Needham Avenue
LS 1 $18,000.00 $18,000.00

3. Upgrade Traffic Signal at the
Intersection of 11th Street at Needham
Avenue
LS 1 $379,000.00 $379,000.00

4. Water Pollution Control Plan (WPCP) –
11th Street at Needham Avenue
LS 1 $3,500.00 $3,500.00

5. Potholing and Utility Coordination –
11th Street at Needham Avenue
LS 1 $15,000.00 $15,000.00

6. Removal and Installation of Striping,
Markings, and Signage – 11th Street at
Needham Avenue
LS 1 $11,375.00 $11,375.00
TOTAL BASE BID $441,875.00
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Item
No.

Item Description Unit of
Measure
Estimated
Quantity
Unit Price
(Figures)
Total Price
(Figues)
BID ALTERNATE 1
101. Traffic Control, Barricades, and Other
Related Fees – 1st Street at H Street
LS 1 $15,000.00 $15,000.00
102. Clearing, Grubbing and Mobilization –
1st Street at H Street
LS 1 $16,000.00 $16,000.00
103. Upgrade Traffic Signal at the
Intersection of 1st Street at H Street
LS 1 $355,000.00 $355,000.00
104. Potholing and Utility Coordination – 1st
Street at H Street
LS 1 $10,000.00 $10,000.00
105. Removal and Installation of Striping,
Markings, and Signage – 1st Street at H
Street
LS 1 $10,140.00 $10,140.00
106. Water Pollution Control Plan (WPCP) –
1st Street at H Street
LS 1 $2,500.00 $2,500.00
TOTAL BID ALTERNATE 1 $408,640.00
TOTAL BASE BID AND BID ALTERNATE 1 $850,515.00

10. The Work contemplated in this Agreement is a Federal-Aid improvement over which the State of California shall exercise general supervision. The State of California therefore shall have the right to assume full and direct control over this Agreement whenever the State of California, at its discretion, shall determine that its responsibility to the United States so requires. In such cases, the State Contract Act will govern.

11. Workforce Requirements. Contractor included both a signed Local Hire Certification as well as a Skilled and Trained Workforce Certification with its bid, and such certifications are incorporated herein by reference. Contractor shall comply with all applicable requirements, including record keeping requirements, of Articles 7 and 8 of Chapter 3 of the Modesto Municipal Code. Contractor shall provide City with evidence of compliance with such requirements within ten (10) calendar days of a request from the City.

12. Dispute Resolution. All claims, controversies, or disputes arising out of or relating to this Agreement, including its performance by either party, shall be finally resolved by arbitration in accordance with the Contract Documents.

13. Interpretation of Contract Documents. Any question concerning the intent, nature, scope or meaning of any provision of the Contract Documents, including, but not limited to, the Special Provisions and Project Plans, must be submitted to the Director of Utilities, or his/her designee, for issuance of an interpretation and/or decision on behalf of the City and in accordance with the requirements of the Contract Documents. Interpretations or decisions by any other person concerning the Contract Documents will not be binding on the City. The decision of the Director of Utilities, or his/her designee, is binding on the Contractor and shall be final.
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A-10 City of Modesto
CML 5059(222) Rebid Upgrade Traffic Signals - 2017

14. No Implied Waiver of Breach. The waiver of any breach of a specific provision of this Agreement does not constitute a waiver of any other breach of that term or any other term of this Agreement.

15. Severability. If any term or provision or portion of a term or provision of this Agreement is declared invalid or unenforceable by any court of lawful jurisdiction, then the remaining terms and provisions or portions of terms or provisions will not be affected thereby and will remain in full force and effect.

16. Form FHWA 1273 Required Contract provisions for Federal Aid Contracts.

17. Title VI Assurances Required Contract provisions for Federal Aid Contracts. #19..
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#####$%&'#(# ######)*+,'--&%................../#(0.11############((.23# ######4&'5#)*+,'--&%............./#(6.78############(3.73# ######9'+,&%#)*+,'--&%.........../#3(.:1############(3.73# #####$%&'#3# ######)*+,'--&%................../#(2.10############((.23# ######4&'5#)*+,'--&%............./#(:.60############(3.73# ######9'+,&%#)*+,'--&%.........../#31.38############(3.73# ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;# #<$=>7732;778#78?71?(7(7# $=@$#1A#$-'B&5'C#<D*,%'#<D+,'C#E'*#F%'*GH+GDC#E'*#9',&DC#E'*,'# <-'%'#GDI*,H&+# $=@$#(A#9D*,&%&JC#E'*#K&*H,DC#E'*,'#<%IL#<DI*,H&+# $=@$#3A#E'*#MD'NIH*# $=@$#OA#<'-'P&%'+C#F%&+*DC#QH*R+C#9'5&%'C#9'%HSD+'C#9&%G&5C# E,'*H+-'I+C#TID-IB*&#<DI*,H&+# ##################################=',&+##########F%H*R&+# U%JV'--#)*+,'--&%+?4',W&%+A### #####$%&'#1....................../#2(.02############31.(0# #####$%&'#(....................../#O0.::############31.(0# #####$%&'#3....................../#O:.(:############31.(0# #####$%&'#O....................../#O2.6(############31.(0# U%JV'--#E,DGX&%?EG%'SS&%### #####$%&'#1....................../#(0.33############18.((# #####$%&'#(....................../#(3.36############18.((# #####$%&'#3....................../#(3.0O############18.((# #####$%&'#O....................../#((.6:############18.((# ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;# #<$=>712(;771#7:?71?(7(7# <D*,%'#<D+,'#<DI*,J# ##################################=',&+##########F%H*R&+# <'%S&*,&%+### #####K%H5R&#KIH-5&%?YHRWV'J## #####<'%S&*,&%.................../#2(.02############37.8(# #####Y'%5VDD5#F-DD%-'J&%C## #####EWH*R-&%C#>DV&%#E'V## #####ZS&%',D%C#E,&&-#EG'[[D-5#\## #####E,&&-#EWD%H*R#@%&G,D%C#E'V## #####FH-&%......................./#2(.87############37.8(# #####MDI%*&JB'*#<'%S&*,&%......../#2(.02############37.8(# #####9H--V%HRW,................../#2(.:2############3(.O1# ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;# #<$=>712(;77(#7:?71?(7(7# E'*#MD'NIH*#<DI*,J# ##################################=',&+##########F%H*R&+# <'%S&*,&%+### #####K%H5R&#KIH-5&%?YHRWV'J## #####<'%S&*,&%.................../#2(.02############37.8(# #####Y'%5VDD5#F-DD%-'J&%C## #####EWH*R-&%C#>DV&%#E'V## #####ZS&%',D%C#E,&&-#EG'[[D-5#\## #####E,&&-#EWD%H*R#@%&G,D%C#E'V## #####FH-&%......................./#O0.6(############37.8(# #####MDI%*&JB'*#<'%S&*,&%......../#O0.::############37.8(# #####9H--V%HRW,................../#O6.(:############3(.O1# ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;# #<$=>712(;77O#7:?71?(7(7# <'-'P&%'+C#9'%HSD+'C#9&%G&5C#E,'*H+-'I+#'*5#TID-IB*&#<DI*,H&+# #19..
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""#$%&'()*++,&"'&"-.+./*&0"1.2,"+*-3,&0"45.%-3,,&"/'*%,&6" ""7'89*3"/*&:,&"3)*2";<="-,&.,-"'&"-.+./*&">?.3)" ""*33*9)+,23-@0"1'9'+'3.A,0"1B//").(/.C3"'&"-.+./*&0"D./,&6" ""3&B95"+'B23,%",EB.F+,230"G*A,+,23"8&,*5,&6"3&B95(+'B23,%6" ""?.3)"9'+F&,--'&"9'+8.2*3.'20"G*A.2:"C*8&.9".2-3*//*3.'2" ""*2%H'&"/*$.2:"+*9).2,0"G.F,"8,2%.2:"+*9).2,">F.F,/.2,-" ""'2/$@0"G.F,"?&*FF.2:"+*9).2,">3&*93'&"F&'F,//,%"*2%" ""-BFF'&3,%@0"49&,,%">,I9,F3"*-F)*/3.9"9'29&,3,"F*A.2:@0" ""4,/C("F&'F,//,%"F.F,/.2,"?&*FF.2:"+*9).2,0"J&*93'&0" ""4,/C(/'*%.2:"9).FF,&0"K'29&,3,"8*&&.,&"+'A.2:"+*9).2," ""LMDNG";O"7*//*-3"&,:B/*3'&0"7''+"3&B95"'&"%B*/(FB&F'-," ""P(C&*+,"3&B956"2'2(&'3*3.2:"("B2%,&"QR"3'2-0"K*&$"/.C3"'&" ""-.+./*&0"K'+8.2*3.'2"-/B&&$"+.I,&"*2%H'&"9/,*2,&0"S&.//.2:" "",EB.F+,236"TU"C3V"*2%"B2%,&"+V&V9V0"W.&,3,2%,&">)'3"F/*23@0" ""L&'B3.2:"+*9).2,"'F,&*3'&0"#.:)/.2,"9*8/,?*$"-.:2*/F,&-'20" ""43*3.'2*&$"8,/3"/'*%,&">X'/+*2"'&"-.+./*&@0"1.C3"-/*8" ""+*9).2,">Y*:38'&:"*2%"-.+./*&"3$F,-@0"Z*:.22,-".23,&2*/" ""CB//"-/*8"A.8&*3'&0"Z*3,&.*/")'.-3">Q"%&B+@0"Z,9)*2.9*/" ""3&,29)"-).,/%0"G*A,+,23"8&,*5,&"?.3)"'&"?.3)'B3"9'+F&,--'&" ""9'+8.2*3.'2@0"G.F,"9/,*2.2:"+*9).2,">3&*93'&"F&'F,//,%"*2%" ""-BFF'&3,%@0"G'-3"%&.A,&0"M'//,&">,I9,F3"*-F)*/3@0"K).F" ""4,*/0"4,/C(F&'F,//,%"*B3'+*3.9*//$"*FF/.,%"9'29&,3,"9B&.2:" ""+*)9.2,">'2"-3&,,3-6").:)?*$-6"*.&F'&3-"*2%"9*2*/-@0" ""4,/C(F&'F,//,%"9'+F*93'&">?.3)'B3"%'[,&@0"4.:2*/F,&-'20" ""4/.F(C'&+"FB+F-">/.C3.2:"%,A.9,"C'&"9'29&,3,"C'&+-@0"J.," ""-F*9,&0"J'?,&"+'8./,0"J&,29).2:"+*9).2,6"+*I.+B+"%.::.2:" ""9*F*9.3$"BF"3'"*2%".29/B%.2:"R"C3V"%,F3)0"J&B95("3$F,"/'*%,&" ""LMDNG"\O"7.3"-)*&F,2,&0"7'./,&"3,2%,&0"7'I"'F,&*3'&0" ""7&*5,F,&-'20"K'+8.2*3.'2"+.I,&"*2%"9'+F&,--'&" "">-)'39&,3,H:B2.3,@0"K'+F&,--'&"'F,&*3'&0"S,95)*2%0"W.&," ""3,2%,&0"W'&5/.C3">B2%,&"TU"C3V@0"L,2,&*3'&0" ""LB2.3,H-)'39&,3,",EB.F+,23"'F,&*3'&0"#$%&*B/.9"+'2.3'&0"X,2" ""-,*/"+*9).2,">'&"-.+./*&@0"Z.I,&+'8./,0"D./,&0"GB+F" ""'F,&*3'&0"M,C&.:,&*3.'2"F/*230"M,-,&A'.&(%,8&.-"3B:">-,/C(" ""F&'F,//,%"C/'*3.2:@0"M'--"K*&&.,&">9'2-3&B93.'2"-.3,@0" ""M'3'+.-3"'F,&*3'&0"4,/C(F&'F,//,%"3*F,"+*9).2,0"4)B33/,9*&0" ""4,/C(F&'F,//,%"F'?,&"-?,,F,&"'F,&*3'&">.29/B%,-"A*9BB+" ""-?,,F,&@0""4/B-),&"'F,&*3'&0"4B&C*9,"),*3,&0"4?.39)F,&-'20" ""J*&"F'3"C.&,3,2%,&0"JB::,&")'.-36"-.2:/,"%&B+0"Y*9BB+" ""9''/.2:"F/*230"],/%.2:"+*9).2,">F'?,&,%"'3),&"3)*2"8$" "",/,93&.9.3$@" ""LMDNG"\(PO"^/,A*3'&"'F,&*3'&0"45.%-3,,&"/'*%,&(7'89*3";<=" ""-,&.,-"'&"-+*//,&6"*2%"-.+./*&">?.3)'B3"*33*9)+,23-@0"Z.2." "",I9*A*3'&"B2%,&"TR"#VGV">8*95)',(3&,29),&@0"JB8":&.2%,&" ""?''%"9).FF,&" ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((" """""""""""""" """""P11"KMP_^4"P_S"PJJPK#Z^_J4"" ""LMDNG"QO"K/*+-),//"*2%"%&*:/.2,"'A,&";"9BV"$%-V0"K&*2,6"'A,&" ""QUU"3'2-0"S,&&.956"'A,&"QUU"3'2-0"S,&&.95"8*&:," ""F,%,-3*/(+'B23,%6"'A,&"QUU"3'2-0"4,/C(F&'F,//,%"8''+(3$F," ""/.C3.2:"%,A.9,6"'A,&"QUU"3'2-" ""LMDNG"TO"K/*+-),//"*2%"%&*:/.2,"'A,&"Q"9BV"$%V"BF"3'"*2%" "".29/B%.2:";"9BV"$%-V0"K&*2,6"'A,&"<R"3'2-"BF"3'"*2%" "".29/B%.2:"QUU"3'2-0"S,&&.95"8*&:,6"QUU"3'2-"*2%"B2%,&0" ""4,/C(F&'F,//,%"8''+(3$F,"/.C3.2:"%,A.9,6"'A,&"<R"3'2-0" ""J'?,&"9&*2," ""LMDNG"=O"K/*+-),//"*2%"%&*:/.2,"BF"3'"*2%".29/B%.2:"Q"9BV" ""$%V0"K&*2,-"<R"3'2-"*2%"B2%,&0"4,/C(F&'F,//,%"8''+(3$F," ""/.C3.2:"%,A.9,"<R"3'2-"*2%"B2%,&0" ""LMDNG"<O"7''+"J&B95"'&"%B*/"FB&F'-,"P(C&*+,"3&B956" ""2'2(&'3*3.2:"'A,&"QR"3'2-0"J&B95(+'B23,%"&'3*3.2:" ""3,/,-9'F.9"8''+"3$F,"/.C3.2:"%,A.9,6"Z*2.3,I"'&"-.+./*&" "">8''+"3&B95@"'A,&"QR"3'2-0"J&B95(+'B23,%"&'3*3.2:" #19..
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""#$%$&'()*'"+((,"#-)$"%*.#*/0"1$2*'$3"45/*#$6"(7"&*,*%57" ""8+((,"#79':;"<"9/1$7"=>"#(/&?" <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<" """""""""""""""""@ABCDEAFCEG""" ""HEIJ@"=K"D$77*':"+570$")$1$&#5%",(9/#$1"(2$7"=LL"#(/&?" ""M%5,&N$%%"(2$7"O"'9P"-1&P?"G$%.<)7()$%%$1"+((,<#-)$"%*.#*/0" ""1$2*'$"(2$7"=LL"#(/&?"Q79':"'75/$"(7"'75R%$73"%5/1"(7"+570$" "",(9/#$1"(2$7"=LL"#(/&" ""HEIJ@"SK"D$77*':"+570$")$1$&#5%",(9/#$1"T>"#(/&"#("5/1" ""*/'%91*/0"=LL"#(/&?"M%5,&N$%%"9)"#("5/1"*/'%91*/0"O"'9P" ""-1&P?"G$%.<)7()$%%$1"+((,<#-)$"%*.#*/0"1$2*'$"(2$7"T>"#(/&?" ""Q79':"'75/$"(7"'75R%$73"%5/1"(7"+570$",(9/#$13"(2$7"T>"#(/&" ""9)"#("5/1"*/'%91*/0"=LL"#(/&?"U9/1$6"U<=S"N-1759%*'")*%$"7*0" ""HEIJ@"VK"D$77*':"+570$")$1$&#5%",(9/#$1"9/1$7"T>"#(/&?"G$%.<" "")7()$%%$1"+((,<#-)$"%*.#*/0"1$2*'$"T>"#(/&"5/1"9/1$7?" ""G:*1W&'(R")*%$17*2$73"5/-"#(//50$?"Q79':"'75/$"(7"'75R%$73" ""%5/1"(7"+570$",(9/#$1"T>"#(/&"5/1"9/1$7" ""HEIJ@"TK"X&&*&#5/#"()$75#(7"*/"%*$9"(."5&&*&#5/#"#("$/0*/$$7?" ""U(7:%*.#3"=L"#(/&"5/1"(2$7?"Y$52-<19#-"7$)5*7)$7&(/WR$%1$7" HEIJ@">K"D$':"$/0*/$$7""" HEIJ@"ZK"D$':N5/1?"U*7$"#$/1$7""""""""""""" <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<" """"""""""""GQCCB"CECMQIEG""" ""HEIJ@"=K"M75/$"(2$7"=LL"#(/&?"D$77*':"(2$7"=LL"#(/&?"G$%.<" "")7()$%%$1"+((,<#-)$"%*.#*/0"1$2*'$"(2$7"=LL"#(/&" ""HEIJ@"SK"M75/$"(2$7"T>"#(/&"#("=LL"#(/&?"D$77*':"9/1$7"=LL" ""#(/&?"G$%.<)7()$%%$1"+((,<#-)$"%*.#*/0"1$2*'$"(2$7"T>"#(/&" ""#("=LL"#(/&?"Q(R$7"'75/$" ""HEIJ@"VK"M75/$3"T>"#(/&"5/1"9/1$7?"G$%.<)7()$%%$1"+((,<#-)$" ""%*.#*/0"1$2*'$3"T>"#(/&"5/1"9/1$7" ""HEIJ@"TK"MN*'50("+((,?"U(7:%*.#3"=L"#(/&"5/1"(2$7?"Y$52-<19#-" ""7$)5*7")$7&(/WR$%1$7" HEIJ@">K"[((,"'5#""" ""<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<" ""<<" ""QJ\\CB"X\D"J\DCEHEIJ\D"]IE^""" ""HEIJ@"=<XK"Q9//$%"+(7$",5'N*/$"()$75#(73"SL_"1*5,$#$7"(7",(7$" """""HEIJ@"=K"Y$51*/0"&N*$%1"()$75#(7?"Y$52-<19#-"7$)5*7)$7&(/?" ""49':*/0",5'N*/$"879++$7"#*7$13"75*%"(7"#75':"#-)$;?"E5*&$1" ""+(7$"()$75#(7"8#9//$%&;?"Q9//$%",(%$"+(7$"()$75#(7" ""HEIJ@"SK"M(,+*/5#*(/"&%9&N$7"5/1",(#(7"()$75#(7?"M(/'7$#$" "")9,)"(7")9,)'7$#$"09/?"@(R$7"`9,+("()$75#(7" HEIJ@"VK"D7*%%"1('#(7?"4*/$"(7"&N5.#"N(*&#""" ""HEIJ@"TK"M(,+*/5#*(/"&%977-",*6$7"'%$5/$7?"H7(9#*/0"45'N*/$" ""()$75#(7?"4(#(7,5/" ""HEIJ@">K"[*#"GN57)$/$7?"[75:$,5/?"M(,+*/5#*(/",*6$7"5/1" ""'(,)7$&&(7"809/*#$;?"M(,)7$&&(7"()$75#(7?"I*%$7?"@9,)" ""()$75#(7?"G%9&N$7"()$75#(7" #19..
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"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""# $%&$#'&()%*+,*-.(/# ##+-0&%#&12*+3&.,#-+&%$,-%(4#)%$.&(#$.'#$,,$)53&.,(4,2..&6#$.'# ##2.'&%7%-2.'##8,9:;:#<=:<;#>?#@?A#<BBCD#A?#+EC:>=EF:=;#<@># ##(A::C#&=:GA?=;H# ##$%&$#I/#$6$3&'$4#)$6$J&%$(4#)-.,%$#)-(,$4#K%&(.-4#L*.7(4# ##3$'&%$4#3$%*+-($4#3&%)&'4#3-.,&%&M4#($.#N&.*,-4#($.# ##K%$.)*()-4#($.#O-$12*.4#($.#3$,&-4#($.,$#)6$%$4#($.,$#)%2P4# ##(,$.*(6$2(4#,2-623.&# $%&$#Q#".-,&'#N&6-0# ##,5&#%&3$*.*.7#)-2.,*&(#$%&#(+6*,#N&,0&&.#$%&$#I#$.'#$%&$#Q#$(# ##.-,&'#N&6-0/# )$6$J&%$(#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#&<;A:=@#+<=A# K%&(.-#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#&<;A:=@#+<=A# 3$'&%$#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#&<;A:=@#+<=A# 3$%*+-($#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#&<;A:=@#+<=A# 3-.,&%&M#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#(?SA9T:;A:=@#B<=A# ,2-623.&#)-2.,M/# $=:<#I/#%:R<E@>:=# $=:<#Q/#&<;A:=@#+<=A# """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""# U#&.7*VVVW"VVX#VXYVIYQVQQ# ##################################%<A:;##########K=E@Z:;# '=:>ZE@Z/#['%&'7*.7/#### )6$3(5&66#\#'*++&%#'%&'7*.7]##### 5M'%$26*)#(2),*-.#'%&'7*.7/^### #####$%&$#I/# ######[I^#6:F:=R<@_______________`#aa_Ia############Wa_bc# ######[Q^#'=:>Z:#'?d:=]#5:<FD## ######>SAD#=:B<E=R<@_____________`#aV_Ie############Wa_bc# ######[W^#N??;A:=#+SRB## ######-B:=<A?=]#':Gf#### ######&@ZE@::=]#':Gf#R<A:]## ######'=:>Z:#,:@>:=]#0E@G9## ######-B:=<A?=___________________`#be_Vg############Wa_bc# ######[b^#N<=Z:R<@]#':Gf9<@>]## ######KE=:R<@]#6:F::9<@>]#-EC:=__`#ba_gg############Wa_bc# #####$%&$#Q/# ######[I^#6:F:=R<@_______________`#ag_Ia############Wa_bc# ######[Q^#'=:>Z:#'?d:=]#5:<FD## ######>SAD#=:B<E=R<@_____________`#aQ_Ie############Wa_bc# ######[W^#N??;A:=#+SRB## ######-B:=<A?=]#':Gf#### ######&@ZE@::=]#':Gf#R<A:]## ######'=:>Z:#,:@>:=]#0E@G9## ######-B:=<A?=___________________`#aI_Vg############Wa_bc# ######[b^#N<=Z:R<@]#':Gf9<@>]## ######KE=:R<@]#6:F::9<@>]#-EC:=__`#bg_gg############Wa_bc# #19..
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 !
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 !!
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##$%&''()#)*+$%*,#-.%/*+#(0#,12345#36#5716689#93:573;<#971=># ##94=>83:=<#93:=5749583:#17?1#1:@#731@=8@?#=8A:1A?B# ##$%&''()#)*+$%*,#-.%/*+#((0#(:=51;;1583:#1:@#7?C3D1;#36# ##5?CE37172FE?7C1:?:5#=8A:=<#C17G?7=<#@?;8:?1537=#1:@#971=># ##94=>83:=B# HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH# #,&I*JJKLHJJL#JKFJMFNJNN# /&+#O*&PQ(+#)*Q+$R# ##################################%15?=##########'78:A?=# ,&I*%.%### #####S1=3:#$?:@?7HI789GBBBBBBBBBBT#LUBNV############NUBNM# HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH# #,&I*JJKLHJJU#JKFJMFNJNM# ##################################%15?=##########'78:A?=# $4::?;#1:@#/>165#,1W37?7=0### #####X%*Q-#MBBBBBBBBBBBBBBBBBBBBBT#YNBJJ############NUBKM# #####X%*Q-#NBBBBBBBBBBBBBBBBBBBBBT#YMBKK############NUBKM# #####X%*Q-#LBBBBBBBBBBBBBBBBBBBBBT#YMBUN############NUBKM# #####X%*Q-#YBBBBBBBBBBBBBBBBBBBBBT#YMBJK############NUBKM# #####X%*Q-#UBBBBBBBBBBBBBBBBBBBBBT#YJBUL############NUBKM# #####/>3597?5?#/E?981;8=5BBBBBBBBT#YNBUN############NUBKM# $Q++.,#&+Z#/[&'$#),&//('()&$(*+/## ##X%*Q-#M0#Z81C3:@#@78;;?7\#X734:@C?:\#X4:85?#1:@#=>3597?5?# ##:3]];?C?:# ##X%*Q-#N0#%3@C?:\#/>165#^37G#_#718=?#`W?;3^#19541;#37# ##?a91D15?@#A734:@#;?D?;b# ##X%*Q-#L0#I85#A78:@?7\#I;1=5?7<#@78;;?7<#E3^@?7C?:<#>?1@8:A\# ##)>?772#E89G?7C?:#H#^>?7?#917#8=#;865?@\#)3:97?5?#68:8=>?7# ##8:#54::?;\#)3:97?5?#=97??@C1:\#X7345#E4CEC1:#1:@#E35C1:\# ##X4:85?#_#=>3597?5?#A4:C1:#_#E35C1:\#[?1@?7C?:\#[8A># ##E7?==47?#:3]];?C1:\#S8:?7#H#54::?;<#8:9;4@8:A#53E#1:@# ##W3553C#C1:#3:#=>165#1:@#718=?#^37G\#+8EE?7\#+3]];?C1:#3:# ##=;89G#;8:?\#/1:@W;1=5?7#H#E35C1:<#%3W3589#/>3597?5?#-;19?7<# ##/?AC?:5#.7?9537<#$4::?;#S49G#[14;?7<#/5??;#'37C#718=?7#1:@# ##=?55?7\#$8CW?7C1:<#7?58CW?7C1:#`^33@#37#=5??;#37#=4W=58545?# ##C15?781;=#5>?7?637?b\#$4AA?7#`637#54::?;#;1W37?7#^37Gb\# ##)1W;?#5?:@?7\#)>49G#5?:@?7\#-3^@?7C1:#H#E78C?7#>34=?# ##X%*Q-#Y0#c8W71537#3E?71537<#E1D?C?:5#W7?1G?7\#I4;;#A1:A#H# ##C49G?7=<#5719GC?:\#)3:97?5?#97?^#H#8:9;4@?=#73@@8:A#1:@# ##=E7?1@8:A<#Z4CEC?:#`1:2#C?5>3@b# ##X%*Q-#U0#X7345#97?^\#%?W34:@C1:\#/^1CE?7F#I71G?C1:# HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH# #,&I*JJKLHJJK#JdFNUFNJMe# )&,&c.%&/#&+Z#/&+#O*&PQ(+#)*Q+$(./ ##################################%15?=##########'78:A?=# ,&I*%.%#`)*+/$%Q)$(*+#)%&'$#### ,&I*%.%/b### #####)3:=5749583:#/E?981;8=5## #####X734EBBBBBBBBBBBBBBBBBBBBBBBT#LJBYV############NLBNJ# #####X%*Q-#MBBBBBBBBBBBBBBBBBBBBBT#NVBKV############NLBNJ# #####X%*Q-#MH1BBBBBBBBBBBBBBBBBBBT#LJBJM############NLBNJ# #####X%*Q-#MH9BBBBBBBBBBBBBBBBBBBT#NVBeY############NLBNJ# #####X%*Q-#MH?BBBBBBBBBBBBBBBBBBBT#LJBLY############NLBNJ# #####X%*Q-#MH6BBBBBBBBBBBBBBBBBBBT#LJBLK############NLBNJ# #19..
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"""""#$%&'"()))))))))))))))))))))*"(+),-""""""""""""(.)(/" """""#$%&'".)))))))))))))))))))))*"(+)0-""""""""""""(.)(/" """""#$%&'"-)))))))))))))))))))))*"(.)(.""""""""""""(.)(/" ""122"345678"9:;"<=>"9:>"6=>24"?<;5424"@?<88ABA@<CA5=8)" DEF%$G$"H#E$IGJG$1K"""" L%$MNO&DM&$ED"P"DEJI1OE'G"""" DEF%$G$1Q""" """""H9Q"J2R"O5=8C46@CA5=))))))))*"(+)0-""""""""""""(.)(/" """""H(Q"G8C<;?A8ST2=C"U<44<=CV"" """""'24A5>))))))))))))))))))))))*"(.)(.""""""""""""(.)(/" DEF%$G$"H#&JNMGQ""" """""#$%&'"9)))))))))))))))))))))*"(+)W0""""""""""""(().9" """""#$%&'"()))))))))))))))))))))*"(+)(0""""""""""""(().9" """""#$%&'".)))))))))))))))))))))*"(X),,""""""""""""(().9" """""#$%&'"-)))))))))))))))))))))*"(X)0-""""""""""""(().9" DEF%$G$"HU$GOYNJ#Q""" """""#$%&'"9)))))))))))))))))))))*"(+)W+""""""""""""(.)(/" """""#$%&'"()))))))))))))))))))))*"(+),-""""""""""""(.)(/" Z%%MJ%MG1[" ""D<;54248"R54\A=3"5BB"54"RACS"54"B45T";58]="@S<A48K"8RA=3A=3" ""8@<BB5?>8K";2?C8"8S<??"42@2A^2"*/)(0"724"S564"<;5^2"CS2" ""<77?A@<;?2"R<32"4<C2)""MSA8"8S<??"=5C"<77?V"C5"R54\248" ""2=CAC?2>"C5"42@2A^2"CS2"R<32"4<C2"82C"B54CS"A="#4567"9:<" "";2?5R)" "":::::::::::::::::::::::::::::::::::::::::::::::::::::::::" """DEF%$G$"ODE11NZNOEMN%J1"" ""O%J1M$&OMN%J"1'GONEDN1M"#$%&'["E87S<?C"A45=24"<=>"4<\24_" ""OS<A=8<R_"D<824";2<T"A="@5==2@CA5="RACS"?<;54248]"R54\_" ""O<8C:A=:"7?<@2"T<=S5?2"B54T"82CC24_"'4288642"7A72?<V24_" ""I<^A8"C42=@S24":".//"54"8ATA?<4"CV72"H<=>"<??"8T<??" ""C42=@S248Q_"F?<8C24_"IA<T5=>">4A??24_"`6?CA7?2"6=AC">4A??_" ""LV>4<6?A@">4A??" ""#$%&'"9["E87S<?C"8742<>24";5a28"H<??"CV728Q_"F<4\5K"U<@\24" ""<=>"8ATA?<4"CV72"C<T7248_"F633VT5;A?2_"O<6?\24K";<=>24K" ""7A72R4<7724K"@5=>6AC"?<V24K"7?<8CA@"7A72?<V24_"O24CABA2>" ""S<b<4>568"R<8C2"R54\24"A=@?6>A=3"D2<>2"E;<C2T2=C_" ""O5T7<@C548"5B"<??"CV728_"O5=@42C2"<=>"T<3=28AC2"TAa24K"9c(" ""V>)"<=>"6=>24_"O5=@42C2"7<="R54\_"O5=@42C2"8<=>24_"O5=@42C2" ""8<R_"O4A;;24"<=>c54"8S54A=3_"O6C"34<=AC2"@64;"82CC24_" ""I4A:7<\:AC"T<@SA=2_"Z<??24K"?53?5<>24"<=>";6@\24_"Z54T" ""4<A824K"8?A7"B54T8_"#422="@6CC24_"L2<>24;5<4>K"L6;82CC24K" ""<?A3=24K";V"<=V"T2CS5>_"LA3S"74288642";?5R"7A72"H9:9c(dd"54" ""5^24K"9//"?;8)"74288642c5^24Q_"LV>45"822>24"<=>"8ATA?<4" ""CV72_"e<@\S<TT24"5724<C54_"e<@\A=3"5B"7A72"5^24"9("A=@S28_" ""e<@\85="<=>"8ATA?<4"CV72"@5T7<@C54_"Y2CC?2"C2=>24K"75C"<=>" ""R54\24"<77?VA=3"<87S<?CK"?<V:\5?>K"@42585C2K"?AT2K"@<68CA@" ""<=>"8ATA?<4"CV72"T<C24A<?8"H<77?VA=3"T2<=8"<77?VA=3K" "">A77A=3"54"S<=>?A=3"5B"86@S"T<C24A<?8Q_"D<33A=3K"8S22CA=3K" ""RS<?A=3K";4<@A=3K"C42=@Sf<@\A=3K"?<33A=3"S<TT24_"`<3=28AC2K" ""275aV428A=K"BA;243?<88K"T<8CA@"R54\24"HR2C"54">4VQ_"J5" ""f5A=C"7A72"<=>"8C4A77A=3"5B"8<T2K"A=@?6>A=3"427<A4"5B" ""^5A>8_"'<^2T2=C";42<\24"<=>"87<>24K"A=@?6>A=3"C55?"34A=>24_" ""'24T<"@64;_"'A72?<V24"HA=@?6>A=3"34<>2"@S2@\A=3"A=" ""@5==2@CA5="RACS"7A72?<VA=3Q_"'42@<8C:T<=S5?2"82CC24_" ""'4288642"7A72"C28C24_"'58C"S5?2">A3324K"<A4K"3<8"<=>" ""2?2@C4A@_"'5R24";455T"8R22724_"'5R24"C<T7248"5B"<??"CV728" ""H2a@27C"<8"8S5R="A="#4567"(Q_"$<T"82C"36="<=>"8C6>"36=_" ""$A74<7"8C5=27<^24"<=>"45@\:8?A=324K"A=@?6>A=3"7?<@A=3"5B" ""8<@\2>"@5=@42C2"<=>c54"8<=>"HR2C"54">4VQ"<=>"3<;A5=8"<=>" ""8ATA?<4"CV72_"$5C<4V"8@<4ABA24"54"T6?CA7?2"S2<>"@5=@42C2" ""@SA77A=3"8@<4ABA24_"$5C5"<=>"IAC@S"UAC@S_"$5C5CA??24_" ""1<=>;?<8C24K"75CK"36=K"=5bb?2"5724<C548_"1A3=<??A=3"<=>" ""4A33A=3_"M<=\"@?2<=24_"M422"@?AT;24_"M64;5";?<8C24_" ""gA;4<8@422>K";6??"B?5<C"A="@5==2@CA5="RACS"?<;54248]"R54\_" ""gA;4<C54_"L<b<4>568"R<8C2"R54\24"H?2<>"42T5^<?Q_"E8;28C58" ""<=>"T5?>"42T5^<?"R54\24" #19..
- 916 -
 









  !
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
- 917 -
 









 !
""#$"%&"&'(")*+),-./*+"*0"%"1*2"3'(4("&'("5%&(4/%,"/."&*"2(" "".%,6%7(8"%+8".&*)9(8"&*"2("4(-.(8"*+"%+*&'(4"1*2:" "";$"0*4"&'("),(%+/+7"*0".%,6%7("5%&(4/%,"%&"&'("1*2./&("*4" ""&(5<*4%4="1*2./&("=%48:" "">'("5%&(4/%,"),(%+(4"),%../0/)%&/*+".'*-,8"+*&"2(""-.(8"/+" ""&'("<(40*45%+)("*0"??0*45".&4/<</+7@"),(%+/+7""%+8"*/,/+7" ""%+8"5*6/+7"&*"&'("+(A&"<*/+&"*0"(4()&/*+??:" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB" CDEF>G"HI#JKGK";HILLFMF;I>FJEL"" CKJDN"O$"L&4-)&-4%,"E*PP,(5%+"" CKJDN"Q$"E*PP,(5%+@"C-+5%+@"N*&5%+@"C4*-+85%+"" CKJDN"R$"K(2*-+85%+"" CKJDN"S$"C-+/&(",%2*4(4""""""""""""""" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB" TKG;UFEC"TJKU"HI#JKGK";HILLFMF;I>FJEL"" ""CKJDN"O$"L9/,,(8"34()9(4"V4(5*6/+7"%+8".%,6%7/+7"*0".%.'@" ""3/+8*3."%+8"5%&(4/%,.W" ""CKJDN"Q$"L(5/B.9/,,(8"34()9(4"V.%,6%7/+7"*0"*&'(4"2-/,8/+7" ""5%&(4/%,.W" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB" "HI#JXXYRBXXZ"XY[XO[QXQO" ;IHI\GKIL"IE]"LIE"^JI_DFE";JDE>FGL """"""""""""""""""""""""""""""""""K%&(.""""""""""M4/+7(." HI#JKGK"VN,%.&(4">(+8(4W:::::::::`"Ra:bQ""""""""""""Qb:Sa" T*49"*+"%".3/+7".&%7(".)%00*,8$"`O:XX"<(4"'*-4"%88/&/*+%,:" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB" "HI#JXQcOBXXR"Xc[Qb[QXQO" LIE"MKIE;FL;J"IE]"LIE"dI>GJ";JDE>FGL" """"""""""""""""""""""""""""""""""K%&(.""""""""""M4/+7(." HI#JKGK"V>KIMMF;";JE>KJH[HIEG"""" ;HJLDKGW""" """""G.)*4&"]4/6(4@"M,%7"N(4.*+::`"RS:Sb""""""""""""Qc:QO" """"">4%00/)";*+&4*,"N(4.*+"F::::`"RS:Yb""""""""""""Qc:QO" """"">4%00/)";*+&4*,"N(4.*+"FF:::`"RQ:Qb""""""""""""Qc:QO" "">KIMMF;";JE>KJH"NGKLJE"F$"H%=*-&"*0"&4%00/)")*+&4*,@")4%.'" "")-.'/*+.@")*+.&4-)&/*+"%4(%"%+8"4*%8./8("./7+%7(:" "">KIMMF;";JE>KJH"NGKLJE"FF$"F+.&%,,%&/*+"%+8"4(5*6%,"*0" ""&(5<*4%4=[<(45%+(+&"./7+.@"5%49(4.@"8(,/+(%&*4."%+8")4%.'" "")-.'/*+.:" BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB" "HI#JXQcOBXXa"XY[XO[QXQO" LIE"MKIE;FL;J"IE]"LIE"dI>GJ";JDE>FGL" """"""""""""""""""""""""""""""""""K%&(.""""""""""M4/+7(." >-++(,"%+8"L'%0&"H%2*4(4.$""" """""CKJDN"O:::::::::::::::::::::`"SQ:XX""""""""""""Qa:YO" """""CKJDN"Q:::::::::::::::::::::`"SO:YY""""""""""""Qa:YO" """""CKJDN"R:::::::::::::::::::::`"SO:aQ""""""""""""Qa:YO" #19..
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 !
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 !
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 !
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`9^<"D>=`"SH]>=_="NSHTT9W9NH-9>^T"" ""<=>?@"AC"T8*22&("7'&#8&'"G'&;$%*+1"0+(".02%01*+1"$:".0.)F" #19..
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""#$%&'()("*+&,()"-+./('"0%-"&1+)(2"#$%&'()("&13//3%4"0%-" ""4'3%-3%42"#$%&'()("50*$'('"67()"$'"-'892":'355('")(%-(';" ""&1+&,")(%-(';"%3//('2"<+3%(0"&10=('"6=)0,(9;"4'$+)"&'(72" "">341"/'(==+'("%$??5(;"0--+&)$'2">8-'0+53&".$%3)$'"6$@('"ABB" ""5*=C"/'(==+'(92"D$0-3%4"0%-"+%5$0-3%4;"&0''83%4"0%-"10+53%4" ""$E"055"'$-="0%-".0)('305="E$'"+=("3%"'(3%E$'&3%4"&$%&'()(" ""&$%=)'+&)3$%2"F3))=*+'41"&13//('"0%-"=3.350'")8/("*'+=1" ""=1'(--('=2"G5$/('2"G3%45("E$$);"10%-H1(5-;"/%(+.0)3&" "")0./('2"I55"/%(+.0)3&;"03';"40="0%-"(5(&)'3&")$$5="%$)" ""53=)(-"3%"<'$+/="A")1'$+41"AHE2"J0&,3%4"$E"/3/("H"+%-('"AK" ""3%&1(=" ""<LMNF"OP"#$%=)'+&)3$%"50*$'('=;"3%&5+-3%4"*'3-4("0%-"4(%('05" ""50*$'('2":+./;"5$0-"=/$))('2"Q504"/('=$%2"Q3'("70)&1('2" ""Q(%&("('(&)$'2"<+0'-'035"('(&)$'2"<0'-(%(';"1$')3&+5)+'05" ""0%-"50%-=&0/("50*$'('2"J())3%42"D3.*(';"*'+=1"5$0-('"0%-" ""/35('2"F0@(.(%)".0',('"6*+))$%"=())('92"R03%)(%0%&(;"'(/03'" "")'0&,"0%-"'$0-"*(-=2"G)'(()&0'"0%-"'035'$0-"&$%=)'+&)3$%" "")'0&,"50*$'('2"S(./$'0'8"03'"0%-"70)('"53%(=;"T3&)0+53&"$'" ""=3.350'2"S$$5"'$$."0))(%-0%)"6U$*=3)("$%589" ""<LMNF"VP"Q3%05"&5(0%H+/"7$',"$E"-(*'3=;"4'$+%-="0%-"*+35-3%4" ""3%&5+-3%4"*+)"%$)"53.3)(-")$P"=)'(()"&5(0%('2"&5(0%3%4"0%-" ""70=13%4"73%-$7=2"*'3&,"&5(0%('"6U$*=3)("$%5892".0)('305" ""&5(0%('"6U$*=3)("$%589C""S1("&50==3E3&0)3$%"WW.0)('305" ""&5(0%('WW"3=")$"*("+)353?(-"+%-('")1("E$55$73%4"&$%-3)3$%=P" IP"0)"-(.$53)3$%"=3)("E$'")1("=05@04("$E")1(".0)('305C"""""" ""XP"0)")1("&$%&5+=3$%"$E"0"U$*"71('(")1(".0)('305"3=")$"*(" ""=05@04(-"0%-"=)$&,(-")$"*("'(+=(-"$%"0%$)1('"U$*C" ""#P"E$'")1("&5(0%3%4"$E"=05@04(".0)('305"0)")1("U$*=3)("$'" "")(./$'0'8"U$*=3)("80'-C" ""S1(".0)('305"&5(0%('"&50==3E3&0)3$%"=1$+5-"%$)"*(""+=(-"3%" "")1("/('E$'.0%&("$E"WWE$'."=)'3//3%4;"&5(0%3%4""0%-"$353%4" ""0%-".$@3%4")$")1("%(Y)"/$3%)"$E"('(&)3$%WWC" HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH" <NZ[S\"DIXML\L"#DIGG[Q[#IS[MZG"" <LMNF"AP"G)'+&)+'05"Z$??5(.0%"" <LMNF"KP"Z$??5(.0%;"<+%.0%;"F$).0%;"<'$+%-.0%"" <LMNF"OP"L(*$+%-.0%"" <LMNF"VP"<+%3)("50*$'('""""""""""""""" HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH" ]L\#^[Z<"]ML^"DIXML\L"#DIGG[Q[#IS[MZG"" ""<LMNF"AP"G,355(-"7'(&,('"6'(.$@3%4"0%-"=05@043%4"$E"=0=1;" ""73%-$7="0%-".0)('305=9" ""<LMNF"KP"G(.3H=,355(-"7'(&,('"6=05@043%4"$E"$)1('"*+35-3%4" "".0)('305=9" HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH" "DIXMBK_BHBAA"B_`BA`KBA_" RMZS\L\a;"GIZ"X\Z[SM;"GIZSI"#LNb;"GIZSI"#DILI"#MNZS[\G" """"""""""""""""""""""""""""""""""L0)(=""""""""""Q'3%4(=" DIXML\L"6F50=)('"S(%-('9CCCCCCCCCc"OVC_B""""""""""""KACKK" ]$',"$%"0"=73%4"=)04("=&0EE$5-P"cACBB"/('"1$+'"0--3)3$%05C" HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH" "DIXMBKdVHBBA"B_`BA`KBKK" QL\GZM;"^[Z<G"IZ:"RI:\LI"#MNZS[\G" #19..
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""""""""""""""""""""""""""""""""""#$%&'""""""""""()*+,&'" -./0#1#"2/)*345""" """""6$'7+"8&+9&):/)*34;;;;;;;;;;<"=>;?@""""""""""""?>;?A" ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::" "-./0B?@C:BB?"BDE?FE?B?A" (#1GH0I"JKHLGI".HM"6.M1#."N0OH8K1G """"""""""""""""""""""""""""""""""#$%&'""""""""""()*+,&'" -./0#1#"28#.((KN"N0H8#0-E-.H1"""" N-0GO#15""" """""1'37)%"M)*P&)I"(Q$,"R&)'7+;;<"==;CF""""""""""""?D;?A" """""8)$SS*3"N7+%)7Q"R&)'7+"K;;;;<"==;TF""""""""""""?D;?A" """""8)$SS*3"N7+%)7Q"R&)'7+"KK;;;<"=A;?F""""""""""""?D;?A" ""8#.((KN"N0H8#0-"R1#G0H"KU"-$V7W%"7S"%)$SS*3"37+%)7QI"3)$'X" ""3W'X*7+'I"37+'%)W3%*7+"$)&$"$+9")7$9'*9&"'*,+$,&;" ""8#.((KN"N0H8#0-"R1#G0H"KKU"K+'%$QQ$%*7+"$+9")&Y7P$Q"7S" ""%&YZ7)$)VEZ&)Y$+&+%"'*,+'I"Y$)4&)'I"9&Q*+&$%7)'"$+9"3)$'X" ""3W'X*7+';" ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::" "-./0B?@C:BB>"BTEBAE?B?A" (#1GH0I"JKHLGI".HM"6.M1#."N0OH8K1G """"""""""""""""""""""""""""""""""#$%&'""""""""""()*+,&'" 8W++&Q"$+9"GX$S%"-$[7)&)'U""" """""L#0OR"A;;;;;;;;;;;;;;;;;;;;;<"C?;BB""""""""""""?>;TA" """""L#0OR"?;;;;;;;;;;;;;;;;;;;;;<"CA;TT""""""""""""?>;TA" """""L#0OR"=;;;;;;;;;;;;;;;;;;;;;<"CA;>?""""""""""""?>;TA" """""L#0OR"C;;;;;;;;;;;;;;;;;;;;;<"CA;BT""""""""""""?>;TA" """""L#0OR">;;;;;;;;;;;;;;;;;;;;;<"CB;>=""""""""""""?>;TA" """""GX7%3)&%&"GZ&3*$Q*'%;;;;;;;;<"C?;>?""""""""""""?>;TA" 8OHH1-".HM"G\.(8"N-.GGK(KN.8K0HG"" ""L#0OR"AU"M*$Y7+9"9)*QQ&)]"L)7W+9Y&+]"LW+*%&"$+9"'X7%3)&%&" ""+7^^Q&Y&+" ""L#0OR"?U"#79Y&+]"GX$S%"_7)4"`")$*'&"2[&Q7_"$3%W$Q"7)" ""&a3$P$%&9",)7W+9"Q&P&Q5" ""L#0OR"=U"/*%",)*+9&)]"/Q$'%&)I"9)*QQ&)I"Z7_9&)Y&+I"X&$9*+,]" ""NX&))V"Z*34&)Y&+":"_X&)&"3$)"*'"Q*S%&9]"N7+3)&%&"S*+*'X&)" ""*+"%W++&Q]"N7+3)&%&"'3)&&9Y$+]"L)7W%"ZWYZY$+"$+9"Z7%Y$+]" ""LW+*%&"`"'X7%3)&%&",W+Y$+"`"Z7%Y$+]"\&$9&)Y&+]"\*,X" ""Z)&''W)&"+7^^Q&Y$+]"6*+&)":"%W++&QI"*+3QW9*+,"%7Z"$+9" ""[7%%7Y"Y$+"7+"'X$S%"$+9")$*'&"_7)4]"H*ZZ&)]"H7^^Q&Y$+"7+" ""'Q*34"Q*+&]"G$+9[Q$'%&)":"Z7%Y$+I"#7[7%*3"GX7%3)&%&"RQ$3&)I" ""G&,Y&+%"1)&3%7)I"8W++&Q"6W34"\$WQ&)I"G%&&Q"(7)Y")$*'&)"$+9" ""'&%%&)]"8*Y[&)Y$+I")&%*Y[&)Y$+"2_779"7)"'%&&Q"7)"'W['%*%W%&" ""Y$%&)*$Q'"%X&)&S7)&5]"8W,,&)"2S7)"%W++&Q"Q$[7)&)"_7)45]" ""N$[Q&"%&+9&)]"NXW34"%&+9&)]"R7_9&)Y$+":"Z)*Y&)"X7W'&" ""L#0OR"CU"b*[)$%7)"7Z&)$%7)I"Z$P&Y&+%"[)&$4&)]"/WQQ",$+,":" ""YW34&)'I"%)$34Y&+]"N7+3)&%&"3)&_":"*+3QW9&'")799*+,"$+9" ""'Z)&$9*+,I"MWYZY&+"2$+V"Y&%X795" ""L#0OR">U"L)7W%"3)&_]"#&[7W+9Y$+]"G_$YZ&)E"/)$4&Y$+" ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::" "-./0B?@C:BBF"BDE?>E?BAF" (#1GH0I"JKHLGI".HM"6.M1#."N0OH8K1G """"""""""""""""""""""""""""""""""#$%&'""""""""""()*+,&'" #19..
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"#$%&'&()*%+,-&.*-/%+(*&#0-(((( "#$%&'&,(1(#&'#($23((( (((((*456789:7;45(,<=:;>?;67(( (((((@849<AAAAAAAAAAAAAAAAAAAAAAAB(CDAEF((((((((((((GCAGD( (((((@&%.H(IAAAAAAAAAAAAAAAAAAAAAB(GFAJF((((((((((((GCAGD( (((((@&%.H(I1>AAAAAAAAAAAAAAAAAAAB(CDADI((((((((((((GCAGD( (((((@&%.H(I1:AAAAAAAAAAAAAAAAAAAB(GFAKE((((((((((((GCAGD( (((((@&%.H(I1=AAAAAAAAAAAAAAAAAAAB(CDACE((((((((((((GCAGD( (((((@&%.H(I1LAAAAAAAAAAAAAAAAAAAB(CDACJ((((((((((((GCAGD( (((((@&%.H(GAAAAAAAAAAAAAAAAAAAAAB(GFAME((((((((((((GCAGD( (((((@&%.H(CAAAAAAAAAAAAAAAAAAAAAB(GFANE((((((((((((GCAGD( (((((@&%.H(EAAAAAAAAAAAAAAAAAAAAAB(GCAGC((((((((((((GCAGD( ((,==(O849<6(I1P(>5Q(I1Q(95Q=8(?>P48=8(:?>66;L;:>7;456A( "#$%&'&()@#&R'+'&,S(((( T%&-/*."-.&#"(U("#+R,*#H'(((( "#$%&'&,(1(#&'#($23((( ((((()I3(+=V(*456789:7;45AAAAAAAAB(GFANE((((((((((((GCAGD( ((((()G3('67>P?;6WX=57(Y>88>57Z(( (((((H=8;4QAAAAAAAAAAAAAAAAAAAAAAB(GCAGC((((((((((((GCAGD( "#$%&'&()@.+/-'(1(#&'#($23((( (((((@&%.H(IAAAAAAAAAAAAAAAAAAAAAB(GFAJN((((((((((((GGACI( (((((@&%.H(GAAAAAAAAAAAAAAAAAAAAAB(GFAGN((((((((((((GGACI( (((((@&%.H(CAAAAAAAAAAAAAAAAAAAAAB(GKAMM((((((((((((GGACI( (((((@&%.H(EAAAAAAAAAAAAAAAAAAAAAB(GKANE((((((((((((GGACI( "#$%&'&()Y&'*[/+@(1(#&'#($23((( (((((@&%.H(IAAAAAAAAAAAAAAAAAAAAAB(GFAJF((((((((((((GCAGD( (((((@&%.H(GAAAAAAAAAAAAAAAAAAAAAB(GFAME((((((((((((GCAGD( 0%%-+%-',2( ((">P48=86(V48\;5O(4LL(48(V;7W(48(L84X(P46]5(:W>;86S(6V;5O;5O( ((6:>LL4?Q6S(P=?76(6W>??(8=:=;^=(BDAGN(<=8(W498(>P4^=(7W=( ((><<?;:>P?=(V>O=(8>7=A((-W;6(6W>??(547(><<?Z(74(V48\=86( ((=57;7?=Q(74(8=:=;^=(7W=(V>O=(8>7=(6=7(L487W(;5(@849<(I1>( ((P=?4VA( ((111111111111111111111111111111111111111111111111111111111( ((("#$%&'&(*"#,,/0/*#-/%+,(( ((*%+,-&.*-/%+(,H'*/#"/,-(@&%.H2(#6<W>?7(;845=8(>5Q(8>\=8_( ((*W>;56>V_(">6=8(P=>X(;5(:455=:7;45(V;7W(?>P48=86](V48\_( ((*>671;51(<?>:=(X>5W4?=(L48X(6=77=8_(H8=6698=(<;<=?>Z=8_( ((R>^;6(78=5:W=8(1(CDD(48(6;X;?>8(7Z<=()>5Q(>??(6X>??( ((78=5:W=863_($?>67=8_(R;>X45Q(Q8;??=8_(`9?7;<?=(95;7(Q8;??_( ((TZQ8>9?;:(Q8;??( ((@&%.H(I2(#6<W>?7(6<8=>Q=8(P4a=6()>??(7Z<=63_($>8\4S(Y>:\=8( ((>5Q(6;X;?>8(7Z<=(7>X<=86_($9OOZX4P;?=_(*>9?\=8S(P>5Q=8S( ((<;<=V8><<=8S(:45Q9;7(?>Z=8S(<?>67;:(<;<=?>Z=8_(*=87;L;=Q( ((W>b>8Q496(V>67=(V48\=8(;5:?9Q;5O("=>Q=(#P>7=X=57_( ((*4X<>:7486(4L(>??(7Z<=6_(*45:8=7=(>5Q(X>O5=6;7=(X;a=8S(IcG( ((ZQA(>5Q(95Q=8_(*45:8=7=(<>5(V48\_(*45:8=7=(6>5Q=8_(*45:8=7=( ((6>V_(*8;PP=8(>5Qc48(6W48;5O_(*97(O8>5;7=(:98P(6=77=8_( ((R8;1<>\1;7(X>:W;5=_(0>??=8S(?4O?4>Q=8(>5Q(P9:\=8_(048X( ((8>;6=8S(6?;<(L48X6_(@8==5(:977=8_(T=>Q=8P4>8QS(T9P6=77=8S( ((>?;O5=8S(PZ(>5Z(X=7W4Q_(T;OW(<8=6698=(P?4V(<;<=()I1IcGdd(48( ((4^=8S(IDD(?P6A(<8=6698=c4^=83_(TZQ84(6==Q=8(>5Q(6;X;?>8( ((7Z<=_(e>:\W>XX=8(4<=8>748_(e>:\;5O(4L(<;<=(4^=8(IG(;5:W=6_( ((e>:\645(>5Q(6;X;?>8(7Z<=(:4X<>:748_([=77?=(7=5Q=8S(<47(>5Q( ((V48\=8(><<?Z;5O(>6<W>?7S(?>Z1\4?QS(:8=4647=S(?;X=S(:>967;:( ((>5Q(6;X;?>8(7Z<=(X>7=8;>?6()><<?Z;5O(X=>56(><<?Z;5OS( ((Q;<<;5O(48(W>5Q?;5O(4L(69:W(X>7=8;>?63_(">OO;5OS(6W==7;5OS( ((VW>?;5OS(P8>:;5OS(78=5:Wf>:\;5OS(?>OO;5O(W>XX=8_(`>O5=6;7=S( ((=<4aZ8=6;5S(L;P=8O?>66S(X>67;:(V48\=8()V=7(48(Q8Z3_(+4( ((f4;57(<;<=(>5Q(678;<<;5O(4L(6>X=S(;5:?9Q;5O(8=<>;8(4L( ((^4;Q6_(H>^=X=57(P8=>\=8(>5Q(6<>Q=8S(;5:?9Q;5O(744?(O8;5Q=8_( ((H=8X>(:98P_(H;<=?>Z=8();5:?9Q;5O(O8>Q=(:W=:\;5O(;5( ((:455=:7;45(V;7W(<;<=?>Z;5O3_(H8=:>671X>5W4?=(6=77=8_( ((H8=6698=(<;<=(7=67=8_(H467(W4?=(Q;OO=8S(>;8S(O>6(>5Q( ((=?=:78;:_(H4V=8(P844X(6V==<=8_(H4V=8(7>X<=86(4L(>??(7Z<=6( #19..
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
- 931 -
 









 !!
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`?La@RQ8"/3LQR/TL@/"b"3@?T@^QS" """""""""""""""""""""""""""""""""">%#,-""""""""""D$0(G,-" A1%-#,$,$"#,(),$IIIIIIIIIIIIIIIIIc"WdIeV""""""""""""VeIBd" X*$'"*("%"-70(G"-#%G,"-&%FF*1)C"cUIZZ"5,$"H*2$"%))0#0*(%1I" EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE" "TLN?ZV[BEZUU"Z\]ZU]VZVU" D>S/Q?8"YRQ=/8"LQ_"^L_S>L"O?@Q3RS/ """""""""""""""""""""""""""""""""">%#,-""""""""""D$0(G,-" TLN?>S>":A1%-#,$"3,(),$<IIIIIIIIIc"WdIeV""""""""""""VeIBd" X*$'"*("%"-70(G"-#%G,"-&%FF*1)C"cUIZZ"5,$"H*2$"%))0#0*(%1I" EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE" "TLN?ZWZBEZZV"Zf]Ve]VZVU" LTL^S_L"O?@Q3g" """""""""""""""""""""""""""""""""">%#,-""""""""""D$0(G,-" TLN?>S>":3>LDDRO"O?Q3>?T]TLQS"""" OT?/@>S<""" #19..
- 932 -
 









 ! !
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`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`Z"<I11,'"^=&'"(I33,/"/0V&','"\&'O`Z" "">0V/,"(,3K,'Z">JI%O"(,3K,'Z"2&\K,'L03"P"M'*L,'"J&I$," ""WACT2"7G"a*V'0(&'"&M,'0(&'-"M0+,L,3("V',0O,'Z"QI//"1031"P" ""LI%O,'$-"('0%OL,3Z">&3%',(,"%',\"P"*3%/IK,$"'&KK*31"03K" ""$M',0K*31-")ILML,3"^03H"L,(J&K`" ""WACT2"XG"W'&I("%',\Z"A,V&I3KL03Z"F\0LM,'N"Q'0O,L03" PPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP" "EBQCR6R7PRR7"R:N9XN9R;8" BEBS#)B">CTD<U" """"""""""""""""""""""""""""""""""A0(,$"""""""""".'*31,$" EBQCA#A"^>CDF<AT><?CD">AB.<"""" EBQCA#AF"P"BA#B"BG`""" """"">&3$('I%(*&3"FM,%*0/*$("" """""W'&IM444444444444444444444445"6;47b""""""""""""9649R" """""WACT2";4444444444444444444445"6R4@b""""""""""""9649R" """""WACT2";P044444444444444444445"6;4R;""""""""""""9649R" """""WACT2";P%44444444444444444445"6R487""""""""""""9649R" """""WACT2";P,44444444444444444445"6;467""""""""""""9649R" """""WACT2";P=44444444444444444445"6R46@""""""""""""9649R" """""WACT2"94444444444444444444445"6R4:7""""""""""""9649R" """""WACT2"64444444444444444444445"6R4X7""""""""""""9649R" """""WACT2"74444444444444444444445"97496""""""""""""9649R" ""F,,"1'&IM$";PV"03K";PK"I3K,'"/0V&','"%/0$$*=*%0(*&3$4" #19..
- 933 -
 









 !!!
"#$%&'&()*#&+','&-.(((( /%&0123"03&#"(4("#,+-2#5'(((( "#$%&'&-(6(#&'#(#78((( ((((()98(,:;(2<=>?@AB?C<=DDDDDDDDE(FGDHI((((((((((((JFDJG( ((((()J8('>?KLMC>NO:=?(PK@@K=?Q(( (((((5:@C<RDDDDDDDDDDDDDDDDDDDDDDE(JIDJF((((((((((((JFDJG( "#$%&'&()*3,10'(6(#&'#(#78((( (((((*&%35(9DDDDDDDDDDDDDDDDDDDDDE(FGDSH((((((((((((JJDF9( (((((*&%35(JDDDDDDDDDDDDDDDDDDDDDE(FGDJH((((((((((((JJDF9( (((((*&%35(FDDDDDDDDDDDDDDDDDDDDDE(JTDUU((((((((((((JJDF9( (((((*&%35(IDDDDDDDDDDDDDDDDDDDDDE(JTDHI((((((((((((JJDF9( "#$%&'&()P&'2V1,*(6(#&'#(#78((( (((((*&%35(9DDDDDDDDDDDDDDDDDDDDDE(FGDST((((((((((((JFDJG( (((((*&%35(JDDDDDDDDDDDDDDDDDDDDDE(FGDUI((((((((((((JFDJG( W%%0,%0'-7( (("KL<@:@>(;<@XC=Y(<ZZ(<@(;C?N(<@(Z@<O(L<>[=(BNKC@>.(>;C=YC=Y( ((>BKZZ<MR>.(L:M?>(>NKMM(@:B:C\:(EGDJH(]:@(N<A@(KL<\:(?N:( ((K]]MCBKLM:(;KY:(@K?:D((0NC>(>NKMM(=<?(K]]MQ(?<(;<@X:@>( ((:=?C?M:R(?<(@:B:C\:(?N:(;KY:(@K?:(>:?(Z<@?N(C=(*@<A](96K( ((L:M<;D( ((666666666666666666666666666666666666666666666666666666666( ((("#$%&'&(2"#--1W12#01%,-(( ((2%,-0&3201%,(-5'21#"1-0(*&%357(#>]NKM?(C@<=:@(K=R(@KX:@^( ((2NKC=>K;^("K>:@(L:KO(C=(B<==:B?C<=(;C?N(MKL<@:@>[(;<@X^( ((2K>?6C=6(]MKB:(OK=N<M:(Z<@O(>:??:@^(5@:>>A@:(]C]:MKQ:@^( ((+K\C>(?@:=BN:@(6(FGG(<@(>COCMK@(?Q]:()K=R(KMM(>OKMM( ((?@:=BN:@>8^($MK>?:@^(+CKO<=R(R@CMM:@^(_AM?C]M:(A=C?(R@CMM^( ((/QR@KAMCB(R@CMM( ((*&%35(97(#>]NKM?(>]@:KR:@(L<`:>()KMM(?Q]:>8^($K@X<.(PKBX:@( ((K=R(>COCMK@(?Q]:(?KO]:@>^($AYYQO<LCM:^(2KAMX:@.(LK=R:@.( ((]C]:;@K]]:@.(B<=RAC?(MKQ:@.(]MK>?CB(]C]:MKQ:@^(2:@?CZC:R( ((NKaK@R<A>(;K>?:(;<@X:@(C=BMARC=Y(":KR:(#LK?:O:=?^( ((2<O]KB?<@>(<Z(KMM(?Q]:>^(2<=B@:?:(K=R(OKY=:>C?:(OC`:@.(9bJ( ((QRD(K=R(A=R:@^(2<=B@:?:(]K=(;<@X^(2<=B@:?:(>K=R:@^(2<=B@:?:( ((>K;^(2@CLL:@(K=Rb<@(>N<@C=Y^(2A?(Y@K=C?:(BA@L(>:??:@^( ((+@C6]KX6C?(OKBNC=:^(WKMM:@.(M<YM<KR:@(K=R(LABX:@^(W<@O( ((@KC>:@.(>MC](Z<@O>^(*@::=(BA??:@^(/:KR:@L<K@R.(/AL>:??:@.( ((KMCY=:@.(LQ(K=Q(O:?N<R^(/CYN(]@:>>A@:(LM<;(]C]:()969bJcc(<@( ((<\:@.(9GG(ML>D(]@:>>A@:b<\:@8^(/QR@<(>::R:@(K=R(>COCMK@( ((?Q]:^(dKBXNKOO:@(<]:@K?<@^(dKBXC=Y(<Z(]C]:(<\:@(9J(C=BN:>^( ((dKBX><=(K=R(>COCMK@(?Q]:(B<O]KB?<@^(V:??M:(?:=R:@.(]<?(K=R( ((;<@X:@(K]]MQC=Y(K>]NKM?.(MKQ6X<MR.(B@:<><?:.(MCO:.(BKA>?CB( ((K=R(>COCMK@(?Q]:(OK?:@CKM>()K]]MQC=Y(O:K=>(K]]MQC=Y.( ((RC]]C=Y(<@(NK=RMC=Y(<Z(>ABN(OK?:@CKM>8^("KYYC=Y.(>N::?C=Y.( ((;NKMC=Y.(L@KBC=Y.(?@:=BNeKBXC=Y.(MKYYC=Y(NKOO:@^(_KY=:>C?:.( ((:]<`Q@:>C=.(ZCL:@YMK>>.(OK>?CB(;<@X:@();:?(<@(R@Q8^(,<( ((e<C=?(]C]:(K=R(>?@C]]C=Y(<Z(>KO:.(C=BMARC=Y(@:]KC@(<Z( ((\<CR>^(5K\:O:=?(L@:KX:@(K=R(>]KR:@.(C=BMARC=Y(?<<M(Y@C=R:@^( ((5:@OK(BA@L^(5C]:MKQ:@()C=BMARC=Y(Y@KR:(BN:BXC=Y(C=( ((B<==:B?C<=(;C?N(]C]:MKQC=Y8^(5@:BK>?6OK=N<M:(>:??:@^( ((5@:>>A@:(]C]:(?:>?:@^(5<>?(N<M:(RCYY:@.(KC@.(YK>(K=R( ((:M:B?@CB^(5<;:@(L@<<O(>;::]:@^(5<;:@(?KO]:@>(<Z(KMM(?Q]:>( (():`B:]?(K>(>N<;=(C=(*@<A](J8^(&KO(>:?(YA=(K=R(>?AR(YA=^( ((&C]@K](>?<=:]K\:@(K=R(@<BX6>MC=Y:@.(C=BMARC=Y(]MKBC=Y(<Z( ((>KBX:R(B<=B@:?:(K=Rb<@(>K=R();:?(<@(R@Q8(K=R(YKLC<=>(K=R( ((>COCMK@(?Q]:^(&<?K@Q(>BK@CZC:@(<@(OAM?C]M:(N:KR(B<=B@:?:( ((BNC]]C=Y(>BK@CZC:@^(&<?<(K=R(+C?BN(PC?BN^(&<?<?CMM:@^( ((-K=RLMK>?:@.(]<?.(YA=.(=<aaM:(<]:@K?<@>^(-CY=KMMC=Y(K=R( ((@CYYC=Y^(0K=X(BM:K=:@^(0@::(BMCOL:@^(0A@L<(LMK>?:@^( ((fCL@K>B@::R.(LAMM(ZM<K?(C=(B<==:B?C<=(;C?N(MKL<@:@>[(;<@X^( ((fCL@K?<@^(/KaK@R<A>(;K>?:(;<@X:@()M:KR(@:O<\KM8^(#>L:>?<>( ((K=R(O<MR(@:O<\KM(;<@X:@( ((*&%35(96K7(d<Q(R@CMM(O<R:M(0P_6J#^(*K@R=:@6+:=\:@(O<R:M(+/9IF( ((K=R(>COCMK@(?Q]:(R@CMM>^(0@KBX(R@CMM:@^(dKBX(M:Y(R@CMM:@^( ((PKY<=(R@CMM:@^(_:BNK=CBKM(R@CMM:@>.(KMM(?Q]:>(@:YK@RM:>>(<Z( #19..
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 !"!
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`(<64$'#(35%B# ##DEFGH#NK#^4325#15'23J?&#.();#(-#,'<)467#8)(?3,6#23,#<?45,438# ##4315?,438#<?$#3($#54*4$',#$(K#6$)''$#15'23')/#15'23438#23,# ##.26+438#.43,(.6/#<)41;#15'23')#A`(<64$'#(35%B/#*2$')425# ##15'23')#A`(<64$'#(35%BO##C+'#152664-412$4(3#QQ*2$')425# ##15'23')QQ#46#$(#<'#?$454Z',#?3,')#$+'#-(55(.438#1(3,4$4(36K# :K#2$#,'*(54$4(3#64$'#-()#$+'#625>28'#(-#$+'#*2$')425O###### ##9K#2$#$+'#1(315?64(3#(-#2#`(<#.+')'#$+'#*2$')425#46#$(#<'# ##625>28',#23,#6$(1;',#$(#<'#)'?6',#(3#23($+')#`(<O# ##XK#-()#$+'#15'23438#(-#625>28'#*2$')425#2$#$+'#`(<64$'#()# ##$'*&()2)%#`(<64$'#%2),O# #19..
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 !!
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`1*)%2K"]M:VV"4%)"$01)"'22*(*0-'+:"P0)R"'("6)*-2%).K"]:MW" ""4%)"$01)"'22*(*0-'+:"Z'-$0+%"S0)RK"]M:VV"4%)"2'a"'22*(*0-'+:" ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;" "ABCDVNVO;VVY"V^XVJXMVJ^" BABZ@[B"B>["FD>#EB"FDG#B"FD=>#?@GK """"""""""""""""""""""""""""""""""E'(%.""""""""""H)*-6%." I+'.(%)%)"(%-2%):::::::::::::::::]"NO:^V""""""""""""MN:JJ" P0)R"0-"'".S*-6".('6%".,'//0+2K"]J:VV"4%)"$01)"'22*(*0-'+:" ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;" "ABCDVNMO;VVM"VbXMYXMVMJ" FD>#EB"FDG#B"FD=>#\" """"""""""""""""""""""""""""""""""E'(%.""""""""""H)*-6%." ABCDE@E"T#EBHH?F"FD>#EDAXAB>@"""" FADG=E@U""" """""@.,0)("[)*8%)7"H+'6"I%).0-::]"NO:OY""""""""""""Mb:MJ" """""#)'//*,"F0-()0+"I%).0-"?::::]"NO:^Y""""""""""""Mb:MJ" """""#)'//*,"F0-()0+"I%).0-"??:::]"NM:MY""""""""""""Mb:MJ" ""#EBHH?F"FD>#EDA"I@EGD>"?K"A'a01("0/"()'//*,",0-()0+7",)'.$" "",1.$*0-.7",0-.()1,(*0-"')%'"'-2")0'2.*2%".*6-'6%:" ""#EBHH?F"FD>#EDA"I@EGD>"??K"?-.('++'(*0-"'-2")%&08'+"0/" ""(%&40)')aX4%)&'-%-(".*6-.7"&')R%).7"2%+*-%'(0)."'-2",)'.$" "",1.$*0-.:" ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;" "ABCDVNMO;VVb"VbXMWXMVJY" #19..
- 936 -
 









 ! !
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`2;1,-<1(<L.1,-<1\(L,Y.Q.3-(;1.,U.1R([566(4,34(^( ((Q5KU.1/\(-1,KUQ.3R("<3K1.-.(K1.T(^(23K657./(1<77234(,37( ((/L1.,7234\(N5QLQ.3(W,3](Q.-8<7Z( ((>&#*?(H=(>1<5-(K1.TR(&.;<537Q,3R()T,QL.1a([1,U.Q,3( ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^( (:'[#bCFG^b@F(bJaFHaFb@E( "#$%&'("#)%'("#*$%+( ((((((((((((((((((((((((((((((((((&,-./((((((((((01234./( :'[#&M&(W"#$)%&*"%P#$("&'0%(((( :'[#&M&)(^('&M'('=Z((( ((((("<3/-15K-2<3()L.K2,62/-(( (((((>1<5LAAAAAAAAAAAAAAAAAAAAAAAB(C@AGI((((((((((((FCAFb( (((((>&#*?(@AAAAAAAAAAAAAAAAAAAAAB(CbADI((((((((((((FCAFb( (((((>&#*?(@^,AAAAAAAAAAAAAAAAAAAB(C@Ab@((((((((((((FCAFb( (((((>&#*?(@^KAAAAAAAAAAAAAAAAAAAB(CbAEG((((((((((((FCAFb( (((((>&#*?(@^.AAAAAAAAAAAAAAAAAAAB(C@ACG((((((((((((FCAFb( (((((>&#*?(@^9AAAAAAAAAAAAAAAAAAAB(CbACD((((((((((((FCAFb( (((((>&#*?(@^4AAAAAAAAAAAAAAAAAAAB(CbAII((((((((((((FCAFb( (((((>&#*?(FAAAAAAAAAAAAAAAAAAAAAB(CbAJG((((((((((((FCAFb( (((((>&#*?(CAAAAAAAAAAAAAAAAAAAAAB(CbAHG((((((((((((FCAFb( (((((>&#*?(GAAAAAAAAAAAAAAAAAAAAAB(FGAFC((((((((((((FCAFb( (()..(41<5L/(@^;(,37(@^7(537.1(6,;<1.1(K6,//292K,-2<3/A( :'[#&M&(W>'&NM$M&)\(((( O#&%P"*:*&':(V(:'$N)"'?M(((( :'[#&M&)(^('&M'('=Z((( (((((W@Z($.T("<3/-15K-2<3AAAAAAAAB(CbAHG((((((((((((FCAFb( (((((WFZ(M/-,;62/8Q.3-(c,11,3-](( (((((?.12<7AAAAAAAAAAAAAAAAAAAAAAB(FGAFC((((((((((((FCAFb( :'[#&M&(W>*$P%M(^('&M'('=Z((( (((((>&#*?(@AAAAAAAAAAAAAAAAAAAAAB(CbADH((((((((((((FFAC@( (((((>&#*?(FAAAAAAAAAAAAAAAAAAAAAB(CbAFH((((((((((((FFAC@( (((((>&#*?(CAAAAAAAAAAAAAAAAAAAAAB(FIAJJ((((((((((((FFAC@( (((((>&#*?(GAAAAAAAAAAAAAAAAAAAAAB(FIAHG((((((((((((FFAC@( :'[#&M&(Wc&M"dP$>(^('&M'('=Z((( #19..
- 937 -
 









 !!
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`/" ""QL)"9BL"PBL=<W"U;BI<=E="O9B"?;<@W"U;BI<=E=">9BL=<W"U;BI<=E=" "">9?W"U<A::=<"9BL`;<">F;<ABCW"UPE"C<9BAE="IP<:">=EE=<W" ""X<ARO9@RAE"G9IFAB=W"29KK=<J"K;CK;9L=<"9BL":PI@=<W"2;<G" ""<9A>=<J">KAO"D;<G>W"#<==B"IPEE=<W"\=9L=<:;9<LJ"\P:>=EE=<J" ""9KACB=<J":Q"9BQ"G=EF;LW"\ACF"O<=>>P<=":K;?"OAO="Y(R(`/aa";<" "";M=<J"(,,"K:>)"O<=>>P<=`;M=<ZW"\QL<;">==L=<"9BL">AGAK9<" ""EQO=W"b9I@F9GG=<";O=<9E;<W"b9I@ABC";D"OAO=";M=<"(/"ABIF=>W" ""b9I@>;B"9BL">AGAK9<"EQO="I;GO9IE;<W"c=EEK="E=BL=<J"O;E"9BL" ""?;<@=<"9OOKQABC"9>OF9KEJ"K9QR@;KLJ"I<=;>;E=J"KAG=J"I9P>EAI" ""9BL">AGAK9<"EQO="G9E=<A9K>"Y9OOKQABC"G=9B>"9OOKQABCJ" ""LAOOABC";<"F9BLKABC";D">PIF"G9E=<A9K>ZW"89CCABCJ">F==EABCJ" ""?F9KABCJ":<9IABCJ"E<=BIFd9I@ABCJ"K9CCABC"F9GG=<W"[9CB=>AE=J" ""=O;]Q<=>ABJ"DA:=<CK9>>J"G9>EAI"?;<@=<"Y?=E";<"L<QZW"4;" ""d;ABE"OAO="9BL">E<AOOABC";D">9G=J"ABIKPLABC"<=O9A<";D" ""M;AL>W"'9M=G=BE":<=9@=<"9BL">O9L=<J"ABIKPLABC"E;;K"C<ABL=<W" ""'=<G9"IP<:W"'AO=K9Q=<"YABIKPLABC"C<9L="IF=I@ABC"AB" ""I;BB=IEA;B"?AEF"OAO=K9QABCZW"'<=I9>ERG9BF;K=">=EE=<W" ""'<=>>P<="OAO="E=>E=<W"';>E"F;K="LACC=<J"9A<J"C9>"9BL" ""=K=IE<AIW"';?=<":<;;G">?==O=<W"';?=<"E9GO=<>";D"9KK"EQO=>" ""Y=]I=OE"9>">F;?B"AB"#<;PO"/ZW"$9G">=E"CPB"9BL">EPL"CPBW" ""$AO<9O">E;B=O9M=<"9BL"<;I@R>KABC=<J"ABIKPLABC"OK9IABC";D" "">9I@=L"I;BI<=E="9BL`;<">9BL"Y?=E";<"L<QZ"9BL"C9:A;B>"9BL" "">AGAK9<"EQO=W"$;E9<Q">I9<ADA=<";<"GPKEAOK="F=9L"I;BI<=E=" ""IFAOOABC">I9<ADA=<W"$;E;"9BL"XAEIF"^AEIFW"$;E;EAKK=<W" ""69BL:K9>E=<J"O;EJ"CPBJ"B;__K=";O=<9E;<>W"6ACB9KKABC"9BL" ""<ACCABCW"39B@"IK=9B=<W"3<=="IKAG:=<W"3P<:;":K9>E=<W" ""eA:<9>I<==LJ":PKK"DK;9E"AB"I;BB=IEA;B"?AEF"K9:;<=<>H"?;<@W" ""eA:<9E;<W"\9_9<L;P>"?9>E="?;<@=<"YK=9L"<=G;M9KZW"S>:=>E;>" ""9BL"G;KL"<=G;M9K"?;<@=<" ""#$%&'"(R97"b;Q"L<AKK"G;L=K"3^[R/SW"#9<LB=<RX=BM=<"G;L=K"X\(1+" ""9BL">AGAK9<"EQO="L<AKK>W"3<9I@"L<AKK=<W"b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aa6=?=<"IK=9B=<aa"G=9B>"9BQ"?;<@=<"?F;" ""F9BLK=>";<"I;G=>"AB"I;BE9IE"?AEF"<9?">=?9C="AB">G9KK" ""LA9G=E=<">=?=<>)""3F;>="?F;"?;<@"AB>AL="<=I=BEKQ"9IEAM=J" ""K9<C="LA9G=E=<">=?=<>J"9BL"9KK"<=I=BEKQ"9IEAM=">=?=<" #19..
- 938 -
 









 !!
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`B"^-%$(",()$%A83":'+E"'J"4)6+-*P";+'8%4*"$%4"68-(4-%;" ""-%,(84-%;"68<"%'<"(-#-<)4"<'B"*<+))<",()$%)+F",()$%-%;"$%4" "":$*&-%;":-%4':*F"6+-,E",()$%)+"QW'6*-<)"'%(5RF"#$<)+-$(" "",()$%)+"QW'6*-<)"'%(5R1""L&)",($**-J-,$<-'%"aa#$<)+-$(" "",()$%)+aa"-*"<'"6)"8<-(-Z)4"8%4)+"<&)"J'((':-%;",'%4-<-'%*B" IB"$<"4)#'(-<-'%"*-<)"J'+"<&)"*$(.$;)"'J"<&)"#$<)+-$(1"""""" ""CB"$<"<&)",'%,(8*-'%"'J"$"W'6":&)+)"<&)"#$<)+-$("-*"<'"6)" ""*$(.$;)4"$%4"*<',E)4"<'"6)"+)8*)4"'%"$%'<&)+"W'61" ""TB"J'+"<&)",()$%-%;"'J"*$(.$;)"#$<)+-$("$<"<&)"W'6*-<)"'+" ""<)#3'+$+5"W'6*-<)"5$+41" ""L&)"#$<)+-$(",()$%)+",($**-J-,$<-'%"*&'8(4"%'<"6)""8*)4"-%" ""<&)"3)+J'+#$%,)"'J"aaJ'+#"*<+-33-%;P",()$%-%;""$%4"'-(-%;" ""$%4"#'.-%;"<'"<&)"%)S<"3'-%<"'J")+),<-'%aa1" #19..
- 939 -
 









 !"
########################################################$ %&'()*$+,-./*/$0+,11(2(0,)(.'1$$ %/.&3$45$16789687:;$'<==;>?:@$$ %/.&3$A5$'<==;>?:@B$%8@?:@B$3<6?:@B$%7<8@C?:@$$ %/.&3$D5$/>E<8@C?:@$$ %/.&3$F5$%8@G6>$;:E<7>7$$$$$$$$$$$$$$$ ##########################################################$ H/*0I('%$H./I$+,-./*/$0+,11(2(0,)(.'1$$ $$%/.&3$45$1JG;;>C$K7>9J>7$L7>?<MG@N$:@C$O:;M:NG@N$<P$O:OQB$ $$KG@C<KO$:@C$?:6>7G:;OR$ $$%/.&3$A5$1>?G#OJG;;>C$K7>9J>7$LO:;M:NG@N$<P$<6Q>7$E8G;CG@N$ $$?:6>7G:;OR$ %/.&3$4#NB$0.')/,$0.1),$0.&')S5$3GT>;:U>7$LG@9;8CG@N$N7:C>$ $$9Q>9JG@N$G@$9<@@>96G<@$KG6Q$TGT>;:UG@NRV$0:8;J>7V$-:@C>7V$ $$3GT>K7:TT>7V$0<@C8G6$;:U>7V$3;:O6G9$TGT>$;:U>7V$37>OO87>$ $$TGT>$6>O6>7V$'<$W<G@6$TGT>$:@C$O67GTTG@N$<P$O:?>B$G@9;8CG@N$ $$7>T:G7$<P$M<GCOV$37>9:O6$?:@Q<;>$O>66>7OB$9:O6$G@$T;:9>$ $$?:@Q<;>$P<7?$O>66>7O$ ################################################################$ $+,-.XDAF#X4F$XYZX4ZAX4[$ 0.')/,$0.1),$0.&')S5$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$/:6>O$$$$$$$$$$27G@N>O$ -7G9J$)>@C>7\\\\\\\\\\\\\\\\\\\\\]$DY\D^$$$$$$$$$$$$AX\^X$ $$2..)'.)*15$H<7J$<@$W<EO$KQ>7>$Q>:6#T7<6>96GM>$9;<6QG@N$GO$ $$7>_8G7>C5$]A\XX$T>7$Q<87$:CCG6G<@:;\$H<7J$:6$N7G@C>7O5$]\AY$ $$T>7$Q<87$:CCG6G<@:;\$`:@Q<;>$K<7J5$]A\XX$T>7$C:U$:CCG6G<@:;\$ ################################################################$ $+,-.XDAF#X4[$X^ZX4ZAXA4$ ,+,`*a,$,'a$0.')/,$0.1),$0.&')(*15 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$/:6>O$$$$$$$$$$27G@N>O$ 3;:O6>7>7$6>@C>7\\\\\\\\\\\\\\\\\]$D[\A[$$$$$$$$$$$$Ab\FD$ H<7J$<@$:$OKG@N$O6:N>$O9:PP<;C5$]4\XX$T>7$Q<87$:CCG6G<@:;\$ ################################################################$ $+,-.44DX#XXA$XcZA[ZAXA4$ `,/(3.1,B$`*/0*aB$1),'(1+,&1B$,'a$)&.+&`'*$0.&')(*1$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$/:6>O$$$$$$$$$$27G@N>O$ +,-./*/$L)/,22(0$0.')/.+Z+,'*$$$$ 0+.1&/*R$$$ $$$$$*O9<76$a7GM>7B$2;:N$3>7O<@\\]$DD\F[$$$$$$$$$$$$Ac\A4$ $$$$$)7:PPG9$0<@67<;$3>7O<@$(\\\\]$DD\^[$$$$$$$$$$$$Ac\A4$ $$$$$)7:PPG9$0<@67<;$3>7O<@$((\\\]$D4\A[$$$$$$$$$$$$Ac\A4$ $$)/,22(0$0.')/.+$3*/1.'$(5$+:U<86$<P$67:PPG9$9<@67<;B$97:OQ$ $$98OQG<@OB$9<@O67896G<@$:7>:$:@C$7<:COGC>$OGN@:N>\$ $$)/,22(0$0.')/.+$3*/1.'$((5$(@O6:;;:6G<@$:@C$7>?<M:;$<P$ $$6>?T<7:7UZT>7?:@>@6$OGN@OB$?:7J>7OB$C>;G@>:6<7O$:@C$97:OQ$ $$98OQG<@O\$ #19..
- 940 -
 









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################################################################$ $%&'())*+#++*$+,-.,-.+)/$ 0&123(4&5$0617685$49&:24%&;45$&:8$9;(%;0:6$7(;:9264$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$1<=>?$$$$$$$$$$@ABCD>?$ 9ECC>F$<CG$4H<I=$%<JKA>A?L$$$ $$$$$M1(;3$)NNNNNNNNNNNNNNNNNNNNNO$*,N,+$$$$$$$$$$$$.PNQ*$ $$$$$M1(;3$.NNNNNNNNNNNNNNNNNNNNNO$*,N*/$$$$$$$$$$$$.PNQ*$ $$$$$M1(;3$*NNNNNNNNNNNNNNNNNNNNNO$*,N).$$$$$$$$$$$$.PNQ*$ $$$$$M1(;3$PNNNNNNNNNNNNNNNNNNNNNO$*RN,/$$$$$$$$$$$$.PNQ*$ $$$$$M1(;3$RNNNNNNNNNNNNNNNNNNNNNO$*RN)*$$$$$$$$$$$$.PNQ*$ $$$$$4HK=SA>=>$4T>SB<FB?=NNNNNNNNO$*/N).$$$$$$$$$$$$.PNQ*$ 9;::6%$&:8$4U&@9$7%&442@27&92(:4$$ $$M1(;3$)L$8B<VKCG$GABFF>AW$MAKECGV>CW$MECB=>$<CG$?HK=SA>=>$ $$CKXXF>V>C$ $$M1(;3$.L$1KGV>CW$4H<I=$YKAZ$[$A<B?>$\J>FKY$<S=E<F$KA$ $$>]S<^<=>G$DAKECG$F>^>F_$ $$M1(;3$*L$'B=$DABCG>AW$'F<?=>A5$GABFF>A5$TKYG>AV>C5$H><GBCDW$ $$7H>AA`$TBSZ>AV>C$#$YH>A>$S<A$B?$FBI=>GW$7KCSA>=>$IBCB?H>A$ $$BC$=ECC>FW$7KCSA>=>$?SA>>GV<CW$MAKE=$TEVTV<C$<CG$TK=V<CW$ $$MECB=>$[$?HK=SA>=>$DECV<C$[$TK=V<CW$U><G>AV>CW$UBDH$ $$TA>??EA>$CKXXF>V<CW$0BC>A$#$=ECC>F5$BCSFEGBCD$=KT$<CG$ $$JK==KV$V<C$KC$?H<I=$<CG$A<B?>$YKAZW$:BTT>AW$:KXXF>V<C$KC$ $$?FBSZ$FBC>W$4<CGJF<?=>A$#$TK=V<C5$1KJK=BS$4HK=SA>=>$3F<S>A5$ $$4>DV>C=$6A>S=KA5$9ECC>F$0ESZ$U<EF>A5$4=>>F$@KAV$A<B?>A$<CG$ $$?>==>AW$9BVJ>AV<C5$A>=BVJ>AV<C$\YKKG$KA$?=>>F$KA$?EJ?=B=E=>$ $$V<=>AB<F?$=H>A>IKA>_W$9EDD>A$\IKA$=ECC>F$F<JKA>A$YKAZ_W$ $$7<JF>$=>CG>AW$7HESZ$=>CG>AW$3KYG>AV<C$#$TABV>A$HKE?>$ $$M1(;3$PL$aBJA<=KA$KT>A<=KA5$T<^>V>C=$JA><Z>AW$'EFF$D<CD$#$ $$VESZ>A?5$=A<SZV>CW$7KCSA>=>$SA>Y$#$BCSFEG>?$AKGGBCD$<CG$ $$?TA><GBCD5$8EVTV>C$\<C`$V>=HKG_$ $$M1(;3$RL$MAKE=$SA>YW$1>JKECGV<CW$4Y<VT>A-$'A<Z>V<C$ ################################################################$ $%&'())*+#++R$+/-+)-.+..$ 0&123(4&5$0617685$49&:24%&;4$&:8$9;(%;0:6$7(;:9264$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$1<=>?$$$$$$$$$$@ABCD>?$ %&'(161$$$ $$$$$0<?KC$9>CG>A#'ABSZNNNNNNNNNNO$*RN.b$$$$$$$$$$$$.RN.)$ ################################################################$ $%&'())*+#++/$+,-.R-.+)Q$ 0&123(4&5$0617685$49&:24%&;45$&:8$9;(%;0:6$5$7(;:9264$ $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$1<=>?$$$$$$$$$$@ABCD>?$ %&'(161$\7(:491;792(:$71&@9$$$$ %&'(1614$#$&16&$'L_$$$ $$$$$7KC?=AES=BKC$4T>SB<FB?=$$ $$$$$MAKETNNNNNNNNNNNNNNNNNNNNNNNO$*+NPb$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$)NNNNNNNNNNNNNNNNNNNNNO$.bN/b$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$)#<NNNNNNNNNNNNNNNNNNNO$*+N+)$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$)#SNNNNNNNNNNNNNNNNNNNO$.bNQP$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$)#>NNNNNNNNNNNNNNNNNNNO$*+N*P$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$)#INNNNNNNNNNNNNNNNNNNO$.bN*/$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$.NNNNNNNNNNNNNNNNNNNNNO$.bN,P$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$*NNNNNNNNNNNNNNNNNNNNNO$.bNRP$$$$$$$$$$$$.*N.+$ $$$$$M1(;3$PNNNNNNNNNNNNNNNNNNNNNO$.*N.*$$$$$$$$$$$$.*N.+$ $$4>>$DAKET?$)#J$<CG$)#G$ECG>A$F<JKA>A$SF<??BIBS<=BKC?N$ %&'(161$\M&186:6145$$$$ #19..
- 941 -
 









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#$%&'()*&)%+*,-,*+./0(+12,,,, *+3$%2%0,4,+%2+,356,,, ,,,,,786,.9:,(;<=>?@A>B;<CCCCCCCCD,EFCGH,,,,,,,,,,,,EICEJ, ,,,,,7E6,2=>KLMB=NO9<>,PK??K<>Q,, ,,,,,19?B;RCCCCCCCCCCCCCCCCCCCCCCD,EICEI,,,,,,,,,,,,EICEJ, *+3$%2%,7S).'&2,4,+%2+,356,,, ,,,,,S%$)1,8CCCCCCCCCCCCCCCCCCCCCD,EFCTG,,,,,,,,,,,,EECI8, ,,,,,S%$)1,ECCCCCCCCCCCCCCCCCCCCCD,EFCEG,,,,,,,,,,,,EECI8, ,,,,,S%$)1,ICCCCCCCCCCCCCCCCCCCCCD,EUCVV,,,,,,,,,,,,EECI8, ,,,,,S%$)1,HCCCCCCCCCCCCCCCCCCCCCD,EUCGH,,,,,,,,,,,,EECI8, *+3$%2%,7P%2(W'.S,4,+%2+,356,,, ,,,,,S%$)1,8CCCCCCCCCCCCCCCCCCCCCD,EFCTF,,,,,,,,,,,,EICEJ, ,,,,,S%$)1,ECCCCCCCCCCCCCCCCCCCCCD,EFCVH,,,,,,,,,,,,EICEJ, X$$&.$&205, ,,*KL;?9?=,:;?YB<Z,;[[,;?,:B>N,;?,[?;O,L;=\<,ANKB?=],=:B<ZB<Z, ,,=AK[[;MR=],L9M>=,=NKMM,?9A9B^9,DJCEG,_9?,N;@?,KL;^9,>N9, ,,K__MBAKLM9,:KZ9,?K>9C,,&NB=,=NKMM,<;>,K__MQ,>;,:;?Y9?=, ,,9<>B>M9R,>;,?9A9B^9,>N9,:KZ9,?K>9,=9>,[;?>N,B<,S?;@_,84K, ,,L9M;:C, ,,444444444444444444444444444444444444444444444444444444444, ,,,*+3$%2%,(*+00'X'(+&'$.0,, ,,($.0&%)(&'$.,012('+*'0&,S%$)15,+=_NKM>,B?;<9?,K<R,?KY9?`, ,,(NKB<=K:`,*K=9?,L9KO,B<,A;<<9A>B;<,:B>N,MKL;?9?=\,:;?Y`, ,,(K=>4B<4,_MKA9,OK<N;M9,[;?O,=9>>9?`,1?9==@?9,_B_9MKQ9?`, ,,/K^B=,>?9<AN9?,4,IJJ,;?,=BOBMK?,>Q_9,7K<R,KMM,=OKMM, ,,>?9<AN9?=6`,3MK=>9?`,/BKO;<R,R?BMM9?`,a@M>B_M9,@<B>,R?BMM`, ,,#QR?K@MBA,R?BMM, ,,S%$)1,85,+=_NKM>,=_?9KR9?,L;b9=,7KMM,>Q_9=6`,3K?Y;],PKAY9?, ,,K<R,=BOBMK?,>Q_9,>KO_9?=`,3@ZZQO;LBM9`,(K@MY9?],LK<R9?], ,,_B_9:?K__9?],A;<R@B>,MKQ9?],_MK=>BA,_B_9MKQ9?`,(9?>B[B9R, ,,NKcK?R;@=,:K=>9,:;?Y9?,B<AM@RB<Z,*9KR9,+LK>9O9<>`, ,,(;O_KA>;?=,;[,KMM,>Q_9=`,(;<A?9>9,K<R,OKZ<9=B>9,OBb9?],8dE, ,,QRC,K<R,@<R9?`,(;<A?9>9,_K<,:;?Y`,(;<A?9>9,=K<R9?`,(;<A?9>9, ,,=K:`,(?BLL9?,K<Rd;?,=N;?B<Z`,(@>,Z?K<B>9,A@?L,=9>>9?`, ,,/?B4_KY4B>,OKANB<9`,XKMM9?],M;ZM;KR9?,K<R,L@AY9?`,X;?O, ,,?KB=9?],=MB_,[;?O=`,S?99<,A@>>9?`,#9KR9?L;K?R],#@L=9>>9?], ,,KMBZ<9?],LQ,K<Q,O9>N;R`,#BZN,_?9==@?9,LM;:,_B_9,7848dEee,;?, ,,;^9?],8JJ,ML=C,_?9==@?9d;^9?6`,#QR?;,=99R9?,K<R,=BOBMK?, ,,>Q_9`,fKAYNKOO9?,;_9?K>;?`,fKAYB<Z,;[,_B_9,;^9?,8E,B<AN9=`, ,,fKAY=;<,K<R,=BOBMK?,>Q_9,A;O_KA>;?`,W9>>M9,>9<R9?],_;>,K<R, ,,:;?Y9?,K__MQB<Z,K=_NKM>],MKQ4Y;MR],A?9;=;>9],MBO9],AK@=>BA, ,,K<R,=BOBMK?,>Q_9,OK>9?BKM=,7K__MQB<Z,O9K<=,K__MQB<Z], ,,RB__B<Z,;?,NK<RMB<Z,;[,=@AN,OK>9?BKM=6`,*KZZB<Z],=N99>B<Z], ,,:NKMB<Z],L?KAB<Z],>?9<ANgKAYB<Z],MKZZB<Z,NKOO9?`,aKZ<9=B>9], ,,9_;bQ?9=B<],[BL9?ZMK==],OK=>BA,:;?Y9?,7:9>,;?,R?Q6`,.;, ,,g;B<>,_B_9,K<R,=>?B__B<Z,;[,=KO9],B<AM@RB<Z,?9_KB?,;[, ,,^;BR=`,1K^9O9<>,L?9KY9?,K<R,=_KR9?],B<AM@RB<Z,>;;M,Z?B<R9?`, ,,19?OK,A@?L`,1B_9MKQ9?,7B<AM@RB<Z,Z?KR9,AN9AYB<Z,B<, ,,A;<<9A>B;<,:B>N,_B_9MKQB<Z6`,1?9AK=>4OK<N;M9,=9>>9?`, ,,1?9==@?9,_B_9,>9=>9?`,1;=>,N;M9,RBZZ9?],KB?],ZK=,K<R, ,,9M9A>?BA`,1;:9?,L?;;O,=:99_9?`,1;:9?,>KO_9?=,;[,KMM,>Q_9=, ,,79bA9_>,K=,=N;:<,B<,S?;@_,E6`,%KO,=9>,Z@<,K<R,=>@R,Z@<`, ,,%B_?K_,=>;<9_K^9?,K<R,?;AY4=MB<Z9?],B<AM@RB<Z,_MKAB<Z,;[, ,,=KAY9R,A;<A?9>9,K<Rd;?,=K<R,7:9>,;?,R?Q6,K<R,ZKLB;<=,K<R, ,,=BOBMK?,>Q_9`,%;>K?Q,=AK?B[B9?,;?,O@M>B_M9,N9KR,A;<A?9>9, ,,ANB__B<Z,=AK?B[B9?`,%;>;,K<R,/B>AN,PB>AN`,%;>;>BMM9?`, ,,0K<RLMK=>9?],_;>],Z@<],<;ccM9,;_9?K>;?=`,0BZ<KMMB<Z,K<R, ,,?BZZB<Z`,&K<Y,AM9K<9?`,&?99,AMBOL9?`,&@?L;,LMK=>9?`, ,,hBL?K=A?99R],L@MM,[M;K>,B<,A;<<9A>B;<,:B>N,MKL;?9?=\,:;?Y`, ,,hBL?K>;?`,#KcK?R;@=,:K=>9,:;?Y9?,7M9KR,?9O;^KM6`,+=L9=>;=, ,,K<R,O;MR,?9O;^KM,:;?Y9?, ,,S%$)1,84K5,f;Q,R?BMM,O;R9M,&Pa4E+`,SK?R<9?4/9<^9?,O;R9M,/#8HI, ,,K<R,=BOBMK?,>Q_9,R?BMM=`,&?KAY,R?BMM9?`,fKAY,M9Z,R?BMM9?`, ,,PKZ;<,R?BMM9?`,a9ANK<BAKM,R?BMM9?=],KMM,>Q_9=,?9ZK?RM9==,;[, ,,>Q_9,;?,O9>N;R,;[,_;:9?`,a9ANK<BAKM,_B_9,MKQ9?=],KMM,>Q_9=, #19..
- 942 -
 









 ! "
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`+;*8-%#+5).A# ##CDEFG#MJ#^85')#:)%'5I>/#2+$7#+,#(%;$8*9#&$+>5(*#'5(#;>8)(85&# ##85:)>(85&#;>-#5+-#)808-%(#-+J#*-$%%-#:)%'5%$3#:)%'585&#'5(# ##2'*185&#285(+2*3#;$8:7#:)%'5%$#@`+;*8-%#+5).A3#0'-%$8')# ##:)%'5%$#@`+;*8-%#+5).AN##B1%#:)'**8,8:'-8+5#PP0'-%$8')# ##:)%'5%$PP#8*#-+#;%#>-8)8Z%(#>5(%$#-1%#,+))+285&#:+5(8-8+5*J# 6J#'-#(%0+)8-8+5#*8-%#,+$#-1%#*')='&%#+,#-1%#0'-%$8')N###### ##4J#'-#-1%#:+5:)>*8+5#+,#'#`+;#21%$%#-1%#0'-%$8')#8*#-+#;%# ##*')='&%(#'5(#*-+:7%(#-+#;%#$%>*%(#+5#'5+-1%$#`+;N# ##XJ#,+$#-1%#:)%'585&#+,#*')='&%#0'-%$8')#'-#-1%#`+;*8-%#+$# ##-%0/+$'$.#`+;*8-%#.'$(N# #19..
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- 951 -
 









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Local Assistance Procedures Manual Exhibit 12-G
Required Federal-Aid Contract Language
FHWA-1273 -- Revised July 5, 2022

REQUIRED CONTRACT

PROVISIONS FEDERAL-AID

CONSTRUCTION CONTRACTS

Page 9 of 28 ends
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