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Finance Committee

Finance Committee - Agenda - 6/3/2020 - P127

By dnadmin on Mon, 11/07/2022 - 13:29
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professional manner. CONTRACTOR shall be given an opportunity for consultation with the OWNER prior to the
effective date of the termination. 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.

Upon receipt of notice of termination for cause, CONTRACTOR shalt:

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

Finance Committee - Agenda - 6/3/2020 - P126

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14.08 Final Completion Delayed

Finance Committee - Agenda - 6/3/2020 - P125

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2. No occupancy or separate operation of part of the Work may occur prior to compliance with the requirements of
paragraph 5.10 regarding property insurance.

14.06 Final Inspection

Finance Committee - Agenda - 6/3/2020 - P124

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3. If it is subsequently determined that OWNER's refusal of payment was not justified, the amount wrongfully
withheld shall be treated as an amount due as determined by paragraph 14.02.C.1.

14.03 CONTRACTOR’S Warranty of Title

A. CONTRACTOR warrants and guarantees that title to all Work, materials, and equipment covered by any
Application for Payment, whether incorporated in the Project or not, will pass to OWNER no later than the time of
payment free and clear of all Liens.

14.04 Substantial Completion

Finance Committee - Agenda - 6/3/2020 - P123

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c. OWNER has been required to correct defective Work or complete Work in accordance with paragraph
13.09; or

d. ENGINEER has actual knowledge of the occurrence of any of the events enumerated in paragraph 15.02.A.

B. Applications for Payments.

1,

Finance Committee - Agenda - 6/3/2020 - P122

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14.02 Progress Payment

A. Review of Applications.

1. Prior to submittal of Application for Payment to OWNER (but not more often than once a month), the
CONTRACTOR shall submit the monthly progress estimate to the ENGINEER for review and approval.

Finance Committee - Agenda - 6/3/2020 - P121

By dnadmin on Mon, 11/07/2022 - 13:29
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13.08 Acceptance of Defective Work

Finance Committee - Agenda - 6/3/2020 - P120

By dnadmin on Mon, 11/07/2022 - 13:29
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attributable to such uncovering, exposure, observation, inspection, testing, replacement, and reconstruction. If the
parties are unable to agree as to the amount or extent thereof, CONTRACTOR may make a Claim therefore as
provided in paragraph 10.05.

13.05 OWNER May Stop the Work

Finance Committee - Agenda - 6/3/2020 - P119

By dnadmin on Mon, 11/07/2022 - 13:29
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1. For inspections, tests, or approvals covered by paragraphs 13.03.C and 13.03.D below;

2, That costs incurred in connection with tests or inspections conducted pursuant to paragraph 13.04.B shall be
paid as provided in said paragraph 13.04.B; and

3, As otherwise specifically provided in the Contract Documents.

Finance Committee - Agenda - 6/3/2020 - P118

By dnadmin on Mon, 11/07/2022 - 13:29
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12.04 Delays within CONTRACTOR 's Contral

A. The Contract Times (or Milestones) will not be extended due to delays within the control of CONTRACTOR.
Delays attributable to and within the control of a Subcontractor or Supplier shall be deemed to be delays within the
control of CONTRACTOR.

12.05 Delays beyond OWNER's and CONTRACTOR's Control

Pagination

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