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y~ ~~~°° ~ <br />~6 <br />ORANGE COUNTY <br />NORTH CAROLINA <br />AMENDMENT <br />TO <br />AGREEMENT FOR CONSTRUCTION MANAGER AT RISK SERVICES <br />THIS AMENDMENT TO AGREEMENT FOR CONSTRUCTION MANAGER AT <br />RISK SERVICES (this "Amendment") is made effective this _~~ day of <br />,C 1~,~ ,2009, (the "Execution Date") by and between ORANGE <br />COUNTY, NORTH CAROLINA, a body corporate and politic and a political subdivision of <br />the State of North Carolina ("Owner"), and TELESIS CONSTRUCTION MANAGEMENT, <br />LLC, a North Carolina limited liability company ("CMAR") (Owner. and CMAR to sometimes <br />be referred to together herein as the "Parties") <br />WITNESSETH: <br />WHEREAS, Owner and CMAR entered into an Agreement for Construction Manager at <br />Risk Services made effective January 15, 2008 (the "Agreement") which agreement provides for <br />the total construction of a two story Public Library and three story Office Building to be located on <br />Margaret Lane in Hillsborough, North Carolina; and <br />WHEREAS, Section 11.9 of the Agreement requires a performance bond and a payment <br />bond in an amount equal to 100% of the Guaranteed Maximum Price; and <br />WHEREAS, the Guaranteed Maximum Price contains elements not part of the construction <br />contract amounts which amounts are required to be bonded in accordance with N.C. Gen. Stat. § <br />143-128.1; and <br />WHEREAS, the Parties now desire to amend the agreement to conform the bonding <br />requirements to N.C. Gen. Stat. § 143-128.1. <br />