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  2. Finance Committee - Agenda - 1/6/2016 - P33

Finance Committee - Agenda - 1/6/2016 - P33

By dnadmin on Mon, 11/07/2022 - 09:56
Document Date
Wed, 01/06/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 01/06/2016 - 00:00
Page Number
33
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__010620…

employed in the performance of this contract. If any such interest comes to the attention of
Contractor at any time, a full and complete disclosure of the interest shall be immediately made in
writing to the City. If City determines that a conflict exists and was not disclosed to the City, it

may terminate the contract at will or for cause.

ARTICLE 14 —- TERMINATION OF THE CONTRACT

1.

If the Owner fails to make payment when due or substantially breaches any other

obligation of this Contract, following fifteen days’ written notice to the Owner, the

Contractor may terminate the Contract and recover from the Owner payment for work

executed

The Owner may terminate the contract for cause if the Contractor:

~ persistently or repeatedly refuses or fails to supply enough properly skilled workers;

7 fails to make payment(s) to Subcontractors for labor or materials in accordance with
the respective agreements between the Contractor and Subcontractors;

- disregards laws, ordinanances, rules, regulations, or orders of any public authority
having jurisdiction; or

~ is otherwise guilty of a substantial breach of a provision of the Contract Documents.

If the Owner has decided to terminate the contract for cause, the Owner, without prejudice

to any other rights or remedies of the Owner, and after giving the Contractor and the

Contractor's surety, if any, seven days’ written notice, shall terminate the employment of

the Contractor and may finish the Work by whatever reasonable method the Owner

may deem expedient.

lf the Contract has been terminated by the Owner for cause, the Contractor shall not be

entitled to receive further payment until the work is finished. If the unpaid balance of the

Contract Sum exceeds the cost of finishing the Work, such excess shall be paid to the

Contractor. If the cost of finishing the Work exceeds the unpaid balance, the Contractor

shall pay the difference to the Owner. This obligation for payment shall survive

termination of the Contract

. The Owner also has the right to terminate this Contract, in whole or in part. without cause,

upon fifteen days’ written notice. As of the date specified in the notice, Contractor shall
stop all performance under this Contract, except as otherwise directed by the Owner,
provide the Owner with a list of all unperformed services, and take such action relative
thereto as Contractor may be directed by the Owner. The Owner agrees to pay for all
work that has been performed and equipment that has been installed or is on order and

the order cannot be cancelled.

ARTICLE 15— MISCELLANEOUS PROVISIONS

1.

aw

Neither party to the Contract shall assign the Contract as a whole without written consent
of the other.

Tests, inspections and approvals of portions of the Work required by the Contract
Documents or by laws, ordinances, rules, regulations or orders of public authorities having
jurisdiction shall be made at an appropriate time.

If additional testing is required, the Contractor shall perform these tests.

The Owner shall pay for tests except for testing Work found to be defective for which the
Contractor shall pay.

The Contract shall be governed exclusively by the law of the State of New Hampshire, and
any litigation shall be brought in a court located in the State of New Hampshire.

AG-8

Page Image
Finance Committee - Agenda - 1/6/2016 - P33

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