ARTICLE 2 — PERIOD OF PERFORMANCE
CONTRACTOR shall perform and complete all work within the time periods set forth and may only
be altered by the parties by a written agreement to extend the period of performance or by termination
in accordance with the terms of the contract.
The date of commencement shall be the date of the “Notice to Proceed”. Completion time for the
project will be calculated as calendar days from the date specified in the “Notice to Proceed”, as
follows:
150 calendar days for substantial completion
180 calendar days for final completion
Substantial Completion is defined as the time at which the Work (or a specified part thereof) has
progressed to the point where, in the opinion of the WASTEWATER ENGINEER, the Work (or a
specified part thereof) is sufficiently complete, in accordance with the Contract Documents, so that the
Work (or a specified part thereof) can be utilized for the purposes for which it is intended. The terms
“substantially complete” and “substantially completed” as applied to all or part of the Work refer to
Substantial Completion thereof.
ARTICLE 3 — CONTRACT SUM
Subject to additions and deductions by Change Order, the OWNER shall pay CONTRACTOR, in
accordance with the Contract Documents, the Contract Sum of:
ONE HUNDRED THIRTY-SIX THOUSAND ONE HUNDRED FIFTY FOUR and 86/100
DOLLARS ($136,154.86)
The Contract Sum shall include all items and services necessary for the proper execution and
completion of the Work.
ARTICLE 4 — INSURANCE AND INDEMNIFICATION
CONTRACTOR shall carry and maintain in effect during the performance of services under this
contract:
> General liability insurance in the amount of $1,000,000 per occurrence; $2,000,000 aggregate;
> Motor Vehicle Liability: $1,000,000 Combined Single Limit;
*Coverage must include all owned, non-owned and hired vehicles.
> Workers’ Compensation Coverage in compliance with the State of NH Statutes,
$100,000/$500,000/$ 100,000.
CONTRACTOR and subcontractors at every tier will fully comply with NH RSA Chapter
281-A, “Workers’ Compensation”.
CONTRACTOR shall maintain in effect at all times during the performance under this
contract all specified insurance coverage with insurers. None of the requirements as to types
and limits to be maintained by CONTRACTOR are intended to and shall not in any manner
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