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08-L HMAC Street Overlay Award
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July 09, 2001
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08-L HMAC Street Overlay Award
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Last modified
11/8/2005 11:23:21 AM
Creation date
7/6/2001 5:12:57 PM
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AGENDA
Item Number
8-L
AGENDA - Type
RESOLUTION
Description
HMAC Street Overlay - Award Bid
AGENDA - Date
7/9/2001
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Otherwise, ENGINEER will return the Application to CON- <br />TRACTOR. indicating.in writing the reasons for refusing to <br />recommend final payment, in ,vhlch ease CONTRACTOR <br />shall make the neccssan/corrections and resubmit the Appli- <br />cation. Thirty days after presentation to OWNER of thc <br />Appl cat on and accompanying documentation, in appropri- <br />ate form and substance, and with ENGINEER's recommen- <br />dation and notice of acceptability, the amount recommended <br />by ENO IN EER will become duc and will be paid by oWN ER <br />to CONTRACTOR. <br /> <br /> 14.14. If, through no fault of CONTRACTOR, final com- <br />pletion of thc Work is significantly delayed and if ENGI- <br />NEER so confirms, OWNER shall, upon receipt of CON- <br />TRACTOR's final Application for Payment and recommen- <br />dation of ENGINEER, and without terminating the Agree- <br />ment, make payment of the balance due for that portion of <br />thc Work fully completed and accepted. If thc remaining <br />balance to be held by OWNER for Work not fully completed <br />or corrected is less than the retainaga stipulated in the Agree- <br />ment, and if Bonds have been furnished as required in para- <br />graph 5.1, the written .consent of the surety to the payment <br />of the balance du,e for that portion of the Work fully com- <br />pleted and accepted shall be submitted by CONTP,.ACTOR <br />to ENGINEER with the Application for such payment. Such <br />payment shall be made under the terms and conditions gov- <br />erning final payment, except that it shall not constitute a <br />waiver of claims. <br /> <br />Contractor's Continuing Obligation: <br /> <br /> 14.15. CONTRACTOR's obligation to perform and com- <br />plete the Work in accordance xvith the Contract Documents <br />shall be absolute. Neither recommendation of any progress <br />or final payment by ENGINEER, nor the issuance ora cer- <br />tificate of Substantial Completion, nor any payment by <br />OWNER to CONTRACTOR under the Contract Documents, <br />nor any use or occupancy of the XVork or any part thereof by <br />OWNER, nor any act of acceptance by OWNER nor any <br />failure to do so, nor any review and approval of a Shop <br />Drawing or sampIe submission, nor the issuance ora notice <br />of acceptability by ENGINEER pursuant to paragraph 14.13. <br />nor any correction of defective %Vork by OWNER wi!l con- <br />stitute an acceptance of Work not in accordance with the <br />Contract Documents or a release of CONTRACTOR's obli- <br />gation to perform the Work in accordance with the Contract <br />Documents (except as provided in paragraph 14.16). <br /> <br />Waiver of Clalms: <br />'14.16. Thc making and acceptance of final payment will <br />constitute: <br /> <br /> 14.16.1. a waiver or' alt claims by OWNER against <br />CONTRACTOR. except claims arising from unsettled <br />Liens. from defective Work appearing after final inspec- <br />tion pursuant to paragraph 14. I I or from failure to comply <br />with the Contract Documents or the terms of any special <br />guarantees specified therein: however, it will not consti- <br />tute a waiver by OWNER of any rights in respect or <br /> <br />CONTRACTOR's continuing obligations under the Con- <br />tract Documents; and <br /> <br /> 14.16.2. a waiver or all claims by CONTRACTOR <br />against OWN ER other than those previously made in writ- <br />ing and still unsettled. <br /> <br />ARTICLE 15---SUSPENSION OF WORK AND <br /> TERMINATION <br /> <br />Owner May Suspend Work: <br /> <br /> 15.1. OWNER may, at any time and without cause, sus- <br />pend the Work or any portion thereof for a period of not more <br />than ninety days by notice in writing to CONTRACTOR and <br />ENGINEER which will fix the date on which Work will be <br />resumed. CONTRACTOR shall resume the Work on the date <br />so fixed. CONTRACTOR shall be allowed an increase in the <br />Contract Price or an extension of the Contract Time, or both, <br />directly attributable to any suspension if CONTRACTOR <br />makes an approved claim therefor as provided in Articles I I <br />and 12. <br /> <br />Owner May Terminate: <br /> <br /> 15.2. Upon the occurrence of any one or more of the <br />following events: <br /> <br /> 15.2.1. if CONTRACTOR commences a voluntary case <br />under any chapter of the Bankruptcy Code (Tide 11, United <br />States Code), as now or hereafter in effect, oi'if CON- <br />TRACTOR takes any equivalent or similar action'by filing <br />a petition or othe~vise under any other federal or state <br />law in effect at such time relating to thc bankruptcy or <br />insolvency; <br /> <br /> 15.2.2. if a petition is filed against CONTRACTOR <br />under any chapter of the Bankruptcy Code as now or <br />hereafter in effect at the time Of filing, or if a petition is <br />filed seeking any such equivalent or simi[ar relief against <br />CONTRACTOR under any other federal or state law in <br />effect at the time relating to bankruptcy or insolvency; <br /> <br /> 15.2.3. if CONTRACTOR makes a general assignme .m <br />for thc benefit of creditors: <br /> <br /> 15.2.4. if a trustee, receiver, custodian or agent of <br />CONTRACTOR is appointed under applicable law or under <br />contract, whose appointment or authority to take charge <br />of property of CONTRACTOR is for the purpose of <br />enforcing a Lien against such property or for thc purpose <br />of general administration of such property for the benefit <br />of CONTRACTOR's creditors; <br /> <br /> 15.2.5. if CONTRACTOR admits in writing an inabil- <br />ity to pay its debts generally as they become duc; <br /> <br /> 15.2.6. if CONTRACTOR persistently fails to perform <br />the Work in accordance with the Contract Documents <br /> <br />*See Supplementary Conditions <br /> <br /> <br />
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