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City of Sunny Isles Beach 18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br />the City and termination of this Contract. With respect to Work completed after Final <br />Completion, this one (1) year obligation to specifically correct defective and non -conforming <br />Work shall be extended by the period of time which elapses between Final Completion and <br />acceptance of the subject Work by the City and the City's Representative. Should any Work be <br />deemed defective or not in accordance with the Contract, and the Contractor fails to correct it as <br />provided by this paragraph 11.2.2, the City will consider the Contractor in default, which may <br />affect the Contractor's eligibility for future contracts. <br />11.2'.3 Nothing contained in this Paragraph 11.2 shall establish any period of limitation <br />with respect to other obligations which the Contractor has under this Contract. Establishment <br />of the one-year time period in Subparagraph 11.2.2 relates only to the duty of the Contractor <br />to specifically correct the Work. <br />11.3 The City May Accept Defective or Non -conforming Work <br />11.3.1 If the City chooses to accept defective or non -conforming Work, the City may <br />do so. In such event, the Contract Price shall be reduced by the greater of. (a) the reasonable <br />cost of removing and correcting the defective or non -conforming Work, and (b) the difference <br />between the fair market value of the Project as constructed and the fair market value of the <br />Project had it not been constructed in such a manner as to include defective or non- <br />conforming Work. <br />If the remaining portion of the unpaid Contract Price, if any, is insufficient to compensate <br />the City for its acceptance of defective or non -conforming Work, the Contractor shall, upon <br />written demand from the City, pay the City such remaining compensation for accepting <br />defective or non -conforming Work. <br />ARTICLE XII <br />CONTRACT TERMINATION <br />12.1 Termination by the Contractor <br />12.1.1 If the Work is stopped for a period of ninety (90) days by an order of any court <br />or other public authority, or as a result of an act of the Government, through no fault <br />of the Contractor or any person or entity working directly or indirectly for the <br />Contractor, the Contractor may, upon twenty (20) days' written notice to the City and the <br />City's Representative terminate performance under this Contract and recover from the City <br />payment for the actual reasonable expenditures of the Contractor (as limited in <br />Subparagraph 10.3 above) for all Work executed and for materials, equipment, tools, <br />construction equipment and machinery actually purchased or rented solely for the Work, <br />less any salvage value of any such items, and any out of pocket cancellation costs related <br />to lower tier contractors and suppliers. <br />12.1.2 If the City shall persistently or repeatedly fail to perform any material obligation <br />to the Contractor for a period of thirty (30) days after receiving written notice from <br />the Contractor of its intent to terminate hereunder, the Contractor may terminate performance <br />under this Contract by written notice to the City's Representative and the City. In such event, <br />the Contractor shall be entitled to recover from the City as though the City had terminated the <br />29 <br />