What Diversity and Multiculturalism Mean to Me Essay

Submitted By mpn1swh
Words: 1278
Pages: 6

HYCEL PROPERTIES CO. HYCEL RETAIL CROUP 7817 Forsyth Blvd. St. Louis, MO 63105-3307 Telephone 314 721-4800 Facsimile 314 721-3663 CONSTRUCTION MANAGEMENT AGREEMENT THIS AGREEMENT is made and entered into this 16th day of November 2003, by and between Hycel Properties Co., a Missouri corporation ("Hycel"), and Build-A-Bear Workshop, Inc., a Missouri Corporation (the "Company"). RECITALS WHEREAS, Hycel and the Company have entered into an agreement for Hycel to provide real estate consulting services to the Company; and WHEREAS, Hycel has offered to provide construction management services to the Company for the construction of the Company's Build-A-Bear Workshop stores; and WHEREAS, the Company desires to have Hycel provide construction management services to the Company, NOW THEREFORE, in consideration of the mutual covenants hereinafter exchanged, it is agreed as follows: 1. Construction Management Services Hycel will provide the following services in connection with the construction of the Company's new stores: (a) Design/Plan Review Hycel will work closely with the Company's architect and engineers to assist in the development of a detailed set of architectural and engineering drawings and specifications. Upon receipt of the architectural and engineering drawings from the Company's architect, as-builts from the previous tenant build-out, landlord's tenant design criteria and the lease sections relating to construction, Hycel's personnel will review the drawings before submittal to the landlord and for building permit. (b) Bidding & Permits Hycel will prepare bid forms and invitation to bid letters to accompany the architectural and engineering drawings to be distributed to selected general contractors the Company has approved to handle the general construction of the space as well as for all millwork, theming, signage, graphics and other special equipment. Applications for building permits will be made as well as the submittal for landlord approval. Bids will be evaluated and are commendation will be provided to the Company. A contract will be prepared for the general contractor with the Company's approval. (c) Construction Supervision Hycel's personnel will monitor the day-to-day activities of the general contractor and coordinate scheduling and material and equipment deliveries. Discrepancies, field conditions and requests for additional information will be handled and resolved. Periodic visits to the project will be made from pre-construction through the construction phase of the projectto monitor progress and quality. (d) Punchlist/Close-Out A final visit to the project will be made upon substantial completion of construction. A punchlist will be prepared noting all items not completed or requiring rework to make the