[This document has important legal consequences. Consultation with an attorney
is encouraged with respect to its completion or modification.]
[AIA Document A201-1997, General Conditions of the Contract for Construction, is
adopted in this document by reference. Do not use with other general conditions
unless this document is modified.]
[This document has been approved and endorsed by The Associated General
Contractors of America.]
1997 EDITION
EXHIBIT 10.25
AIA DOCUMENT A101-1997
Standard Form of Agreement Between Owner and Contractor where the basis of
payment is a STIPULATED SUM
AGREEMENT made as of the eighth day of May in the year Two Thousand and Two
(In words, indicate day, month and year)
BETWEEN the Owner: Mercantile Bank Of West Michigan
(Name, address and other information)
5650 Byron Center Ave.
Wyoming, MI 49509
and the Contractor: Visser Brothers
(Name, address and other information)
1946 Turner NE
Grand Rapids, MI 49504
The Project is: Mercantile Bank of West Michigan
(Name and location)
Kentwood Branch
4860 Broadmoor Avenue
Kentwood, MI 49512
The Architect is: Concept Design Group
(Name, address and other information)
89 Monroe Center, Suite 400
Grand Rapids, MI 49503
The Owner and Contractor agree as follows.
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
COPYRIGHT 1915, 1918, 1925, 1937, 1951, 1958, 1961, 1963, 1967, 1974, 1977,
1987, (C) 1997 by The American Institute of Architects. Reproduction of the
material herein or substantial quotation of its provisions without written
permission of the AIA violates the copyright laws of the United States and will
subject the violator to legal prosecution.
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
1
ARTICLE 1 THE CONTRACT DOCUMENTS
The Contract Documents consist of this Agreement, Conditions of the
Contract (General, Supplementary and other Conditions), Drawings,
Specifications, Addenda issued prior to execution of this Agreement, other
documents listed in this Agreement and Modifications issued after execution
of this Agreement; these form the Contract, and are as fully a part of the
Contract as if attached to this Agreement or repeated herein. The Contract
represents the entire and integrated agreement between the parties hereto
and supersedes prior negotiations, representations or agreements, either
written or oral. An enumeration of the Contract Documents, other than
Modifications, appears in Article 8.
ARTICLE 2 THE WORK OF THIS CONTRACT
The Contractor shall fully execute the Work described in the Contract
Documents, except to the extent specifically indicated in the Contract
Documents to be the responsibility of others.
ARTICLE 3 DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION
3.1 The date of commencement of the Work shall be the date of this
Agreement unless a different date is stated below or provision is made for
the date to be fixed in a notice to proceed issued by the Owner.
(Insert the date of commencement if it differs from the date of this
Agreement or, if applicable, state that the date will be fixed in a notice
to proceed.)
If, prior to the commencement of the Work, the Owner requires time to file
mortgages, mechanic's liens and other security interests, the Owner's
time requirement shall be as follows:
3.2 The Contract Time shall be measured from the date of commencement.
3.3 The Contractor shall achieve Substantial Completion of the entire Work
not later than days from the date of commencement, or as follows:
(Insert number of calendar days. Alternatively, a calendar date may be used
when coordinated with the date of commencement. Unless stated elsewhere in
the Contract Documents, insert any requirements for earlier Substantial
Completion of certain portions of the Work.)
November 15, 2002
, subject to adjustments of this Contract Time as provided in the Contract
Documents. (Insert provisions, if any, for liquidated damages relating to
failure to complete on time or for bonus payments for early completion of
the Work.)
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
2
ARTICLE 4 CONTRACT SUM
4.1 The Owner shall pay the Contractor the Contract Sum in current funds
for the Contractor's performance of the Contract. The Contract Sum shall be
Nine Hundred Thirty Thousand Seven Hundred Seventy Five and 71/100 Dollars
($930,775.71), subject to additions and deductions as provided in the
Contract Documents.
4.2 The Contract Sum is based upon the following alternates, if any, which
are described in the Contract Documents and are hereby accepted by the
Owner:
(State the numbers or other identification of accepted alternates. If
decisions on other alternates are to be made by the Owner subsequent to the
execution of this Agreement, attach a schedule of such other alternates
showing the amount for each and the date when that amount expires.)
No deductive alternates were accepted.
4.3 Unit prices, if any, are as follows:
Placing new soil and removal and disposal of unsuitable soil offsite
as selected by soil engineer.
Under parking lot 15.00/cu. yd. in place
Under foundation & footing 18.00/cu. yd. in place
Under utility trenches 18.00/cu. yd. in place
ARTICLE 5 PAYMENTS
5.1 PROGRESS PAYMENTS
5.1.1 Based upon Applications for Payment submitted to the Architect by
the Contractor and Certificates for Payment issued by the Architect, the
Owner shall make progress payments on account of the Contract Sum to the
Contractor as provided below and elsewhere in the Contract Documents.
5.1.2 The period covered by each Application for Payment shall be one
calendar month ending on the last day of the month, or as follows:
5.1.3 Provided that an Application for Payment is received by the Architect
not later than the thirtieth day of a month, the Owner shall make payment
to the Contractor not later than the thirtieth day of the following month.
If an Application for Payment is received by the Architect after the
application date fixed above, payment shall be made by the Owner not later
than thirty (30) days after the Architect receives the Application for
Payment.
5.1.4 Each Application for Payment shall be based on the most recent
schedule of values submitted by the Contractor in accordance with the
Contract Documents. The schedule of values shall allocate the entire
Contract Sum among the various portions of the Work. The schedule of values
shall be prepared in such form and supported by such data to substantiate
its accuracy as the Architect may require. This schedule, unless objected
to by the Architect, shall be used as a basis for reviewing the
Contractor's Applications for Payment.
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
3
5.1.5 Applications for Payment shall indicate the percentage of completion
of each portion of the Work as of the end of the period covered by the
Application for Payment.
5.1.6 Subject to other provisions of the Contract Documents, the amount of
each progress payment shall be computed as follows:
.1 Take that portion of the Contract Sum properly allocable to
completed Work as determined by multiplying the percentage completion
of each portion of the Work by the share of the Contract Sum allocated
to that portion of the Work in the schedule of values, less retainage
of five percent (5%). Pending final determination of cost to the Owner
of changes in the Work, amounts not in dispute shall be included as
provided in Subparagraph 7.3.8 of AIA Document A201-1997;
.2 Add that portion of the Contract Sum properly allocable to
materials and equipment delivered and suitably stored at the site for
subsequent incorporation in the completed construction (or, if
approved in advance by the Owner, suitably stored off the site at a
location agreed upon in writing), less retainage of five percent(5%);
.3 Subtract the aggregate of previous payments made by the Owner; and
.4 Subtract amounts, if any, for which the Architect has withheld or
nullified a Certificate for Payment as provided in Paragraph 9.5 of
AIA Document A201-1997.
5.1.7 The progress payment amount determined in accordance with
Subparagraph 5.1.6 shall be further modified under the following
circumstances:
.1 Add, upon Substantial Completion of the Work, a sum sufficient to
increase the total payments to the full amount of the Contract Sum,
less such amounts as the Architect shall determine for incomplete
Work, retainage applicable to such work and unsettled claims; and
(Subparagraph 9.8.5 of AIA Document A201-1997 requires release of
applicable retainage upon Substantial Completion of Work with consent
of surety, if any.)
.2 Add, if final completion of the Work is thereafter materially
delayed through no fault of the Contractor, any additional amounts
payable in accordance with Subparagraph 9.10.3 of AIA Document
A201-1997.
5.1.8 Reduction or limitation of retainage, if any, shall be as follows:
(If it is intended, prior to Substantial Completion of the entire Work, to
reduce or limit the retainage resulting from the percentages inserted in
Clauses 5.1.6.1 and 5.1.6.2 above, and this is not explained elsewhere in
the Contract Documents, insert here provisions for such reduction or
limitation.)
5.1.9 Except with the Owners prior approval, the Contractor shall not make
advance payments to suppliers for materials or equipment which have not
been delivered and stored at the site.
5.2 FINAL PAYMENT
5.2.1 Final payment, constituting the entire unpaid balance of the Contract
Sum, shall be made by the Owner to the Contractor when:
.1 the Contractor has fully performed the Contract except for the
Contractor's responsibility to correct Work as provided in Subparagraph
12.2.2 of AIA Document A201-1997, and to satisfy other requirements, if
any, which extend beyond final payment; and
.2 a final Certificate for Payment has been issued by the Architect.
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
4
5.2.2 The Owner's final payment to the Contractor shall be made no later
than 30 days after the issuance of the Architect's final Certificate for
Payment, or as follows:
ARTICLE 6 TERMINATION OR SUSPENSION
6.1 The Contract may be terminated by the Owner or the Contractor as
provided in Article 14 of AIA Document A201-1997.
6.2 The Work may be suspended by the Owner as provided in Article 14 of AIA
Document A201-1997.
ARTICLE 7 MISCELLANEOUS PROVISIONS
7.1 Where reference is made in this Agreement to a provision of AIA
Document A201-1997 or another Contract Document, the reference refers to
that provision as amended or supplemented by other provisions of the
Contract Documents.
7.2 Payments due and unpaid under the Contract shall bear interest from the
date payment is due at the rate stated below, or in the absence thereof, at
the legal rate prevailing from time to time at the place where the Project
is located.
(Insert rate of interest agreed upon, if any.)
(Usury laws and requirements under the Federal Truth in Lending Act,
similar state and local consumer credit laws and other regulations at the
Owner's and Contractor's principal places of business, the location of the
Project and elsewhere may affect the validity of this provision. Legal
advice should be obtained with respect to deletions or modifications, and
also regarding requirements such as written disclosures or waivers.)
7.3 The Owner's representative is: Bob Kaminski
(Name, address and other information) 5650 Byron Center Ave.
Wyoming, MI 49509
7.4 The Contractor's representative is: Jahn deBlecourt
(Name, address and other information) 1946 Turner NE
Grand Rapids, MI 49504
7.5 Neither the Owner's nor the Contractor's representative shall be
changed without ten days' written notice to the other party.
7.6 Other provisions:
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
5
ARTICLE 8 ENUMERATION OF CONTRACT DOCUMENTS
8.1 The Contract Documents, except for Modifications issued after execution
of this Agreement, are enumerated as follows:
8.1.1 The Agreement is this executed 1997 edition of the Standard Form of
Agreement Between Owner and Contractor, AIA Document A101-1997.
8.1.2 The General Conditions are the 1997 edition of the General Conditions
of the Contract for Construction, AIA Document A201-1997.
8.1.3 The Supplementary and other Conditions of the Contract are those
contained in the Project Manual dated March 11, 2002, and are as follows:
Document Title Pages
See Exhibit "A"
8.1.4 The Specifications are those contained in the Project Manual dated as
in Subparagraph 8.1.3, and are as follows:
(Either list the Specifications here or refer to an exhibit attached to
this Agreement.)
Section Title Pages
See Exhibit "A"
8.1.5 The Drawings are as follows, and are dated March 11, 2002 unless a
different date is shown below:
(Either list the Drawings here or refer to an exhibit attached to this
Agreement.)
Number Title Date
See Exhibit "A"
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
6
8.1.6 The Addenda, if any, are as follows:
Number Date Pages
Addendum #1 March 28, 2002 l to 8 & AD1.1 to AD1.13 & AD1-S1 to
S3 & AD1.M1 & SKE1
Addendum #2 April 15, 2002 1 to 7 & AD2.1 to AD2.11 & AD-2-MI
Addendum #3 April 18, 2002 l to 1 & AD3.1
Portions of Addenda relating to bidding requirements are not part of the
Contract Documents unless the bidding requirements are also enumerated in
this Article 8.
8.1.7 Other documents, if any, forming part of the Contract Documents are
as follows:
(List here any additional documents that are intended to form part of the
Contract Documents. AIA Document A201-1997 provides that bidding
requirements such as advertisement or invitation to bid, Instructions to
Bidders, sample forms and the Contractor's bid are not part of the Contract
Documents unless enumerated in this Agreement. They should be listed here
only if intended to be part of the Contract Documents.)
Exhibit "B" Original Bid Form
Exhibit "C" Bid Adjustment Letter dated May 1, 2002
Exhibit "D" Project Schedule
Exhibit "E" Letter for Sanitary Add dated May 6, 2002
Exhibit "F" Letter for Sanitary & Water Add dated May 6, 2002
This Agreement is entered into as of the day and year first written above
and is executed in at least three original copies, of which one is to be
delivered to the Contractor, one to the Architect for use in the
administration of the Contract, and the remainder to the Owner.
Mercantile Bank of West Michigan
by /s/ Robert B. Kaminski /s/ Bruce Visser
----------------------------------- --------------------------------
OWNER (Signature) CONTRACTOR (Signature)
/s/ Robert B. Kaminski SVP Bruce Visser C.E.O.
----------------------------------- --------------------------------
(Printed name and title) (Printed name and title)
CAUTION: You should sign an original AIA document or a licensed
reproduction. Originals contain the AIA logo printed in red; licensed
reproductions are those produced in accordance with the Instructions to
this document.
[AIA LOGO]
(C)1997 AIA(R)
AIA DOCUMENT A101-1997
OWNER-CONTRACTOR
AGREEMENT
The American Institute
of Architects
1735 New York Avenue, N.W.
Washington, D.C. 20006-5292
WARNING: UNLICENSED PHOTOCOPYING VIOLATES U.S. COPYRIGHT LAWS AND WILL SUBJECT
THE VIOLATOR TO LEGAL PROSECUTION.
7
EXHIBIT 'A'
1 OF 2
SPECIFICATION
- ------------------------------------------------------------------------------------------------------------
DIVISION 1 - GENERAL REQUIREMENTS 05400 Light Gauage Metal Trusses
00700 A.I.A General Conditions 05500 Metal Fabrication
00800 1987 Edition Supplementary Conditions
01000 Special Conditions DIVISION 6 - WOOD AND PLASTICS
01027 Applications for Payment 06100 Rough Carpentry
01030 Alternates 06402 Interior Architectural Woodwork
01031 Unit Pricing
01035 Modification Procedures DIVISION 7 - THERMAL AND MOISTURE
01040 Project Coordination PROTECTION
01041 Cleaning and Debris Control 07100 Water-Proofing
01045 Cutting and Patching 07160 Bituminous Dampproofing
01050 Field Engineering 07210 Building Insulation
01095 Reference Standards and Definitions 07240 Exterior Insulation and Finish Systems
01200 Project Meetings 07412 Metal Wall Panel
01300 Submittals 07533 Elastomeric Sheet Roofing & Roof
01400 Quality Control Services Insulation
01500 Temporary Facilities and Utilities 07600 Flashing and Sheet Metal
01520 Temporary Barriers and Fencing 07610 Prefinished Metal Roofing
01600 Materials and Equipment 07901 Joint Sealants
01631 Product Substitutions
01700 Project Close-Out DIVISION 8 - DOORS AND WINDOWS
01740 Warranties and Bonds 08111 Standard Steel Doors and Frames
08211 Flush Wood Doors
DIVISION 2 - SITE WORK 08410 Aluminum Entrances, Storefronts and
02110 Site Clearing Windows
02200 Earthwork 08710 Door Hardware
02511 Hot-Mixed Asphalt Paving 08800 Glazing
02520 Portland Cement Concrete Paving
02715 Sanitary Sewer DIVISION 9 - FINISHES
02650 Domestic Water Service 09250 Gypsum Drywall
02720 Storm Sewer 09300 Tile
02800 Irrigation 09511 Acoustical Panel Ceiling Systems
02900 Landscaping 09660 Resilient Tile Flooring
09678 Resilient Wall Base and Accessories
DIVISION 3 - CONCRETE 09680 Carpet
03300 Cast-in-Place Concrete 09900 Painting
09950 Wall Coverings
DIVISION 4 - MASONRY
04200 Masonry DIVISION 10 -SPECIALTIES
10155 Toilet Compartments
DIVISION 5 - METALS 10520 Fire Extinguishers, Cabinets and
05120 Structural Steel Accessories
05220 Steel Joists and Joist Girders 10800 Toilet and Bath Accessories
05310 Steel Deck
DRAWING INDEX
- ------------------------------------------------------------------------------------------------------------
T1.1 - TITLE SHEET, GENERAL NOTES, C1.1 - ARCHITECTURAL SITE PLAN
ABBREVIATIONS, GENERAL C4.1 - ARCHITECTURAL SITE DETAILS
INFORMATION, SYMBOL LEGEND, C4.2 - ARCHITECTURAL SITE DETAILS
C1 - SITE LAYOUT & UTILITY PLAN (BY L1.1 - LANDSCAPE PLAN & DETAILS
FLEIS & VANDENBRINK) A1.0 - BASEMENT FLOOR PLA N
C2 - PAVING, GRADING & DRAINAGE (BY A1.1 - MAIN FLOOR PLAN
FLEIS & VANDENBRINK) A1.2 - ROOF PLAN
C3 - SOIL EROSION COTROL (BY FLEIS & A2.1 - DOOR SCHEDULE & DOOR DETAILS
VANDENBRINK) A2.2 - INTERIOR FINISH SCHEDULE &
C4 - DETAILS (BY FLEIS & VANDENBRINK) SPECIFICATIONS
1/1 - DRIVEWAY DETAIL (BY FLEIS & A3.0 - BASEMENT REFLECTED CEILING
VANDENBRINK) PLAN
EXHIBIT 'A'
2 OF 2
A3.1 - MAIN FLOOR REFLECTED CEILING
PLAN
A4.1 - INTERIOR ELEVATIONS
A4.2 - INTERIOR DETAILS
A4.3 - INTERIOR DETAILS
A5.1 - EXTERIOR ELEVATIONS
A6.1 - BUILDING SECTIONS
A7.1 - EXTERIOR WALL SECTIONS
A7.2 - EXTERIOR WALL SECTIONS
A8.1 - EXTERIOR DETAILS
A8.2 - EXTERIOR DETAILS
F1.1 - FURNITURE PLAN (FOR
INFORMATION ONLY)
S1.0 - FOUNDATION PLAN
S2.0 - FOUNDATION DETAILS
S3.0 - MAIN FLOOR FRAMING PLAN
S3.1 - ROOF FRAMING PLAN
S4.0 - FRAMING DETAILS
S4.1 - STRUCTURAL NOTES
P1.0 - MAIN FLOOR PLUMBING PLAN
M1.0 - MAIN FLOOR MECHANICAL PLAN
M2.0 - SNOWMELT TUBING PLAN
E1.0 - BASEMENT & MAIN FLOOR LIGHTING
PLANS
E2.0 - BASEMENT & MAIN FLOOR POWER
PLANS
E3.0 - ONE-LINE DIAGRAM
E4.0 - ELECTRICAL NOTES &
SPECIFICATIONS
Exhibit "B" 1 of 3
BID FORM
NAME OF BIDDER VISSER BROTHERS, INC.
--------------------------------------------------------------
ADDRESS 1946 Turner NW
----------------------------------
Grand Rapids, Michigan 49504 PHONE 616-363-3825
---------------------------------- ------------------
FAX 616-363-6477
------------------
PROJECT:
Mercantile Bank of West Michigan Kentwood Branch
4860 Broadmoor Avenue
Kentwood, MI 49506
ARCHITECT:
Concept Design Group
89 Monroe Centre NW
Grand Rapids, Michigan 49518
The undersigned, having familiarized themselves with the local conditions
affecting the cost of the Work and with the Contract Documents including:
Drawings: T1.1, C1, C2, C3, C4, 1/1, L-1.1, A1.0, A1.1, A1.2, A2.1, A2.2, A3.1,
A3.2, A4.1, A4.2, A4.3, A5.1, A6.1, A7.1, A7.2, A8.1, A8.2, F1.0, S1.0, S2.0,
S3.0, S3.1, S4.0, S4.1, P1.0, M1.0, M2.0, E1.0, E2.0. E3.0, E4.0 Instruction to
Bidders, General and Supplementary Conditions, Specifications and General
Requirements dated March 11, 2002, hereby propose to furnish all labor,
materials, equipment and services necessary for and reasonably incidental to the
proper completion of the above named project, in accordance with the Contract
Documents including all addenda issued thereto.
BASE BID:
Eight Hundred Ninty Seven Thousand 00/100
- --------------------------------------------------------------------------------
Dollars ($ 897,000.00 )
- ------------------------------ -------------------------------------
ALTERNATES
A Delete Masonry Retaining wall on South side of
building and Taper grade down on adjoining site
to the South
(Fourteen Thousand, Four Hundred) Dollars $ (14,400.00)
--------------------------------------------- ---------------
B Delete Boiler and Snow Melt System from front
entry sidewalk.
(Thirteen Thousand Three Hundred Fifty) Dollars $ (13,350.00)
--------------------------------------------- ---------------
C Dollars $
--------------------------------------------- ---------------
D Dollars $
--------------------------------------------- ---------------
E Dollars $
--------------------------------------------- ---------------
UNIT PRICING
Give unit price for removing and disposing of unsuitable soil offsite and
replacing soil backfill material as selected by soils engineer. Remove soil
and backfill with approved material.
Under Parking lot Dollars $ 15.00 /cu.yd
Under Foundations & Footing Dollars $ 18.00 /cu.yd
Under Utility Trenches Dollars $ 18.00 /cu.yd
Bid Form Exhibit "B" 2 of 3
Page 2 of 2
FEES FOR ADDITIONAL WORK
For additional work performed upon authorization of the Owner.
1. Our own work: Actual cost to us of labor and materials plus a fee of;
10 %.
----------------
2. Sub-Contractor's work: Sub-Contractor's price to us plus a fee of;
10 %.
----------------
ACKNOWLEDGMENT OF ADDENDA:
The following Addenda have been received and are hereby acknowledged, and
their execution included in the above Base Bid:
Addenda Numbers: #1-dtd 3/28/02; #2 dtd 4/15/02; #3 - dtd 4/18/02
-------------------------------------------------
DATE OF COMPLETION
Assuming a contract will be issued to the General Contractor by April 19th
2002, please identify the anticipated dates of completion would be for each
of these milestones.
Date
Start Construction Date May 13, 2002
Date of Setting of owner supplied Vault June 24, 2002
Date of generator and transformer delivery and set up Oct. 14, 2002
Date for installation of AT&T phone lines Sept. 16, 2002
Date of setting owner supplied teller equipment Oct. 14, 2002
Date for setting owner supplied ATM and Night depository Oct. 14, 2002
Date of Substantial Completion / Temporary Occupancy / carpet and
wall finishes are completed Nov. 15, 2002
Owner move will take 3 weeks to install furniture and
bank equipment and communications and data wiring
Date of Final Completion, Final Occupancy Branch open for Business Dec. 13, 2002
BID WITHDRAWAL
In submitting this bid, it is understood that the right is reserved by the
Owner to reject any or all bids or to waive irregularities and that this
bid may not be withdrawn for a period of thirty days after opening.
This bid is submitted in the name of:
(If a Corporation, affix seal) VISSER BROTHERS, INC.
----------------------------------------
BY /s/ Bruce Visser
----------------------------------
TITLE CEO
----------------------------------
DATE April 24, 2002
----------------------------------
Exhibit "B" 3 of 3
VISSER BROTHERS, INC. [VB LOGO]
GENERAL CONTRACTORS
Wednesday, April 24, 2002
JOB: MERCANTILE BANK - KENTWOOD BRANCH
CLARIFICATIONS TO OUR PROPOSAL
1) No Pylon sign or directional sign. No interior or exterior
building signage or numbers.
2) All banking equipment furnished & installed by others.
3) No soil poisoning for termite protection.
4) We do not include excavation of buried top soil. See unit prices.
5) We do not include the sanitary sewer assessment fees, water meter
connection fee or sanitary sewer connection fee.
6) No gas or electric service charges, fees or meter costs.
7) We do not include a Performance and Labor or Material Bond.
8) No Teller stations at 113
9) Our proposal includes the retaining wall on the south side of the
property made of Landscape Masonry Block (Div. 2) not Building
Masonry Block (Div. 4). We do not include a concrete footing
under this wall.
10) The painter we used in our proposal did not include any painting
in the basement.
11) Security System by others.
12) No new construction for Decel Lane. We include only new pavement
marking on paving to create a decal lane.
13) Our Proposal includes 6" kraft faced fiberglass insulation in
lieu of spray-on insulation in the high roof area.
1946 Turner Ave, NW - Grand Rapids, M1 49504
616.363.3825 - fax 616.363.6477
EXHIBIT "C" - CONTRACT STIPULATED SUM
ORIGINAL PROPOSAL: $ 897,000.00
Add for Irrigation - Constantine 486.00
Add for Landscaping - Landscape Design 2,410.00
Add for Caulking - Helms Caulking 525.00
Add for Aluminum storefronts & glass -
Grand Rapids Sash & Door 1,100.00
Add for painting & vinyl wallcovering -
Metro Painting No Change
Add for Fire Protection - Total Fire Protection 208.00
Add for HVAC - Troost Mechanical 1,025.00
Add for spray-on insulation 6,494.00
Add for hollow metal hardware and doors -
S.A. Morman 600.00
Add for Grand Rapids Water, Sanitary Fees, and
Charges 18,302.71
Add for Kentwood Sanitary Lateral Fee 2,625.00
----------
REVISED PROPOSAL: 930,775.71
EXHIBIT "D"
MERCANTILE BANK - KENTWOOD BRANCH
<Table>
<Caption>
- ----------------------------------------------------------------------------------------------
ID Task Name Task
- ----------------------------------------------------------------------------------------------
1 Excavation & Site Utilities 5/12 - 6/30
2 Site Concrete 9/15 - 10/6
3 Lawn Irrigation 10/6
4 Landscaping 10/6 - 10/13
5 Asphalt Paving 10/20
6 Footings & Foundation Walls 6/2 - 6/23
7 Basement Floor Slab 7/14
8 Structural Steel, Joist & Deck 6/30 - 7/14
9 Vault Installation 6/30
10 Steel Roof Trusses 7/21
11 Frame Exterior Walls 7/21 - 8/4
12 Rubber Roof 8/11
13 Masonry 8/4 - 9/8
14 Standing Seam Metal Roof 9/8 - 9/29
15 Aluminum Doors & Windows 9/15 - 9/22
16 Metal studs, Drywall, Acoust 9/8 - 10/13
17 Painting, Staining, VWC 10/13 - 11/3
18 Install Millwork & Cabinetry 10/20 - 11/3
19 Flooring 11/3 - 11/10
20 Fire Protection 9/15 - 10/6
21 Plumbing 7/7 - 11/10
22 H.V.A.C. 8/18 - 11/10
23 Electrical 8/4 - 11/10
- ----------------------------------------------------------------------------------------------
SUBSTANTIAL COMPLETION: 11/15/02 Task Milestone Rolled Up Task Rolled Up Progress
Revised: 4/29/02
Jahn de Blecourt, Visser Brothers Progress Summary Rolled Up Milestone
</Table>
Page 1
Exhibit "E"
VISSER BROTHERS, INC. [VB LOGO]
GENERAL CONTRACTORS
Monday, May 06, 2002
Bill Granzow
Concept Design
89 Monroe Center
Grand Rapids, MI. 49503
RE: MERCANTILE BANK - KENTWOOD
Dear Bill:
Gordon Start from the City of Kentwood Engineering Department is
requiring a $2,500.00 fee for the sanitary sewer lateral that is installed.
Please include the following:
City of Kentwood Fee: $2,500.00
5% O/P 125.00
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TOTAL ADD: $2,625.00
Sincerely,
/s/ Bruce Visser
Bruce Visser
1946 Turner Ave, NW - Grand Rapids, MI 49504
616.363.3825 - fax 616.363.6477
Exhibit "F"
VISSER BROTHERS, INC. [VB LOGO]
GENERAL CONTRACTORS
Monday, May 06, 2002
Bill Granzow
Concept Design
89 Monroe Center
Grand Rapids, MI. 49503
RE: MERCANITLE BANK - 4860 BROADMOOR SE
Dear Bill:
Please add the City of Grand Rapids fees for sewer and water to the
contract. We have paid this invoice so we can get a building permit.
City of GR Invoice: $17,431.16
5% O/P 871.55
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AMOUNT DUE: $18,302.71
Sincerely,
/s/ Bruce Visser
Bruce Visser
encl: City of Grand Rapids Invoice
1946 Turner Ave, NW - Grand Rapids, MI 49504
616.363.3825 - fax 616.363.6477