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  2. Finance Committee - Agenda - 8/1/2018 - P14

Finance Committee - Agenda - 8/1/2018 - P14

By dnadmin on Mon, 11/07/2022 - 11:30
Document Date
Wed, 08/01/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 08/01/2018 - 00:00
Page Number
14
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080120…

Contract Documents so the Owner can occupy or utilize the Work for its intended
use.

When the Work or designated portion thereof is substantially complete, the
Contractor and Owner shall establish responsibilities for completion and shall fix
the time within which the Contractor shall finish all items on the list
accompanying the Certificate. Warranties required by the Contract Documents
shall commence on the date of Substantial Completion of the Work or designated
portion thereof unless otherwise provided in the Certificate of Substantial
Completion.

10.Upon receipt of a final Application for Payment, the Owner will inspect the Work.

When he finds the Work acceptable and the Contract fully performed, the Owner
will promptly issue a final Certificate for Payment.

11.Acceptance of final payment by the Contractor, a Subcontractor or material

supplier shall constitute a waiver of claims by that payee except those previously
made in writing and identified by that payee as unsettled at the time of final
Application for Payment.

ARTICLE 11— PROTECTION OF PERSONS AND PROPERTY

1.

The Contractor shall be responsible for initiating, maintaining and supervising all
safety precautions and programs, including all those required by law in
connection with performance of the Contract. The Contractor shall promptly
remedy damage and loss to property caused in whole or in part by the
Contractor, or by anyone for whose acts the Contractor may be liabie.

ARTICLE 12 —- CORRECTION OF WORK

2.

4. The Contractor shall promptly correct Work rejected by the Owner as failing to
conform to the requirements of the Contract Documents. The Contractor shall
bear the cost of correcting such rejected work.

In addition to the Contractor's other obligations including warranties under the
Contract, the Contractor shall, for a period of one year after Substantial
Completion, correct work not conforming to the requirements of the Contract
Documents.

If the Contractor fails to correct nonconforming Work within a reasonable time,
the Owner may correct it and the Contractor shall reimburse the Owner for the
cost of the correction.

ARTICLE 13 — PROHIBITED INTERESTS

Contractor shall not allow any officer or employee of the City to have any indirect or
direct interest in this contract or the proceeds of this contract. Contractor warrants that
no officer or employee of the City has any direct or indirect interest, whether contractual,
non-contractual, financial or otherwise, in this contract or in the business of the
Contractor. Contractor also warrants that it presently has no interest and that it will not
acquire any interest, direct or indirect, which would conflict in any manner or degree
with the performance of services required to be performed under this contract.

AG-8

Page Image
Finance Committee - Agenda - 8/1/2018 - P14

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