Skip to main content

Main navigation

  • Documents
  • Search

User account menu

  • Log in
Home
Nashua City Data

Breadcrumb

  1. Home
  2. Finance Committee - Agenda - 8/1/2018 - P15

Finance Committee - Agenda - 8/1/2018 - P15

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
15
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__080120…

Contractor further warrants that no person having such an interest shall be 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

2. 1. Contractor may terminate the contract on 10 calendar days written notice
if, through no fault of Contractor, the Owner fails to pay Contractor for 45 days
after the date of approval by the Owner of any Application for Payment. The
Owner, in its sole discretion, shall have the right to terminate, abandon, or
suspend all or part of the Work and Contract at will. If the Owner chooses to
terminate, abandon, or suspend all or part of the Work, it shall provide
Contractor 10 day’s written notice of its intent to do so. If all or part of the
project is suspended for more than 90 days, the suspension shall be treated
as a termination at will of all or that part of the Work and Contract.

Upon receipt of notice of termination, abandonment, or suspension at will, Contractor
shall:

a. Immediately discontinue work on the date and to the extent specified in
the notice.

b. Provide the Owner with a list of all unperformed services.

Cc. Place no further orders or sub-contracts for materials, services, or

facilities, other than as may be necessary or required for completion of
such portion of work under the contract that is not terminated.

d. Immediately make every reasonable effort to obtain cancellation upon
terms satisfactory to the Owner of all orders or sub contracts to the extent
they relate to the performance of work terminated, abandoned, or
suspended under the notice, assign to the Owner any orders or sub
contracts specified in the notice, and revoke agreements specified in the
notice.

e. Not resume work after the effective date of a notice of suspension until
receipt of a written notice from the Owner to resume performance.

In the event of a termination, abandonment, or suspension at will, Contractor shall
receive all amounts due and not previously paid to Contractor for work satisfactorily
completed in accordance with the contract prior to the date of the notice and
compensation for work thereafter completed as specified in the notice. No amount shall
be allowed or paid for anticipated profit on unperformed services or other unperformed
work.

TERMINATION FOR CAUSE

This agreement may be terminated by the Owner on 10 calendar day’s written notice to
Contractor in the event of a failure by Contractor to adhere to any or all the terms and
conditions of the contract or for failure to satisfactorily, in the sole opinion of the Owner,

AG-9

Page Image
Finance Committee - Agenda - 8/1/2018 - P15

Footer menu

  • Contact