Amendment to Construction Management Contract between Franklin Synergy Bank and Skanska USA Building Inc.
Franklin Synergy Bank and Skanska USA Building Inc. have agreed to amend their construction management contract for the Nolensville Branch Renovation. This change order increases the contract's guaranteed maximum price by $184,000, with the new total set at $184,000. The contract time remains unchanged, and the substantial completion date is December 10, 2016. The amendment is effective once signed by both parties and the architect.
| AMENDMENT TO | Franklin Synergy Bank x | Exhibit 10.2 | ||
| THE CONTRACT | Crossroads Architecture ¨ | |||
| Century Skanska x | ||||
| Jobsite ¨ | ||||
| DOCUMENT G701 | OTHER ¨ |
| PROJECT: Franklin Synergy Bank, Nolensville Branch Renovation
TO CONTRACTOR: Skanska USA Building Inc. 5000 Meridian Blvd, Suite 100 Franklin, TN 37067
The Contract is changed as follows: | CHANGE ORDER NO.
DATE:
ARCHITECT’S PROJECT NO.:
CONTRACT DATE:
CONTRACT FOR:
REFERENCE CCR # | One (1)
10/2/2015
N/A
10/2/2015
Construction Management
N/A | ||
| Total amount of Change Order Amendment: | $184,000.00 |
Not valid until signed by the Owner, Architect and Contractor.
| The original (Estimated Maximum Price) was | $ | — | ||
| Net change by previously authorized Change Orders | $ | — | ||
| The (Estimated Maximum Price) prior to this Change Order was | $ | — | ||
| The (Estimated Maximum Price) will be (increased) ( | $ | 184,000.00 | ||
| The new (Guaranteed Maximum Price) including this Change Order will be | $ | 184,000.00 | ||
| The Contract Time for this change will be (established) as | ( 0 ) days | |||
| The date of Substantial Completion as of the date of this Change Order therefore is | December 10, 2016 |
| CONTRACTOR | OWNER | |||||
| Skanska USA Building Inc. /s/ Dennis Norvet | Franklin Synergy Bank /s/ Kevin Herrington | |||||
| Address: 5000 Meridian Blvd., Suite 100 Franklin, TN 37067 | Address: 722 Columbia Avenue Franklin, TN 37064 | |||||
| BY: Dennis Norvet | BY: Kevin Herrington | |||||
| DATE: October 6, 2015 | DATE: October 6, 2015 | |||||
