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Docusign Envelope ID: 41 F63DOF-3BC8-4149-8618-1 BBEEF49D6F7 <br />Subject Schindler Elevator Modernization Proposal - LSUN-D5PJUJ <br />Page 27 of 31 <br />Date 6/4/2024 <br />11. Purchaser will have the hoistways and machine room in safe and proper condition and the proper electrical <br />current available as indicated on our attached schedule. Purchaser will also provide adequate access for <br />delivery and a dry protected place for storage of equipment. Storage requirement of a minimum of 150 sq <br />ft will be required for this project. If storage constraints force double handling of equipment, we will be <br />compensated by you for all additional costs for labor and materials to overcome such obstacles at our <br />standard billing rate. If the locations where the work is to be performed are not ready or are unsafe, we <br />reserve the right not to begin or to discontinue the work. If adequate storage is not available, we will be <br />compensated for all storage costs, as well as costs for demobilization and remobilization if necessary. <br />If completion of our work is delayed beyond our control and the following date: December 31, 2024, our <br />price will be increased in proportion to any additional costs to complete, including but not limited to labor <br />rate increases, component material price increases, storage costs, demobilization and remobilization <br />expenses and the like. <br />12. Should latent or concealed conditions be encountered in the performance of the work below the surface of <br />the ground or should concealed or unknown conditions in an existing structure be at variance with the <br />conditions indicated by the Contract Documents, or should unknown physical conditions below the surface <br />of the ground or should concealed or unknown conditions in an existing structure of an unusual nature <br />differing materially from those ordinarily encountered and generally recognized as inherent in the work of <br />the character provided for in this contract be encountered, the contract price and time shall be equitably <br />adjusted by change order upon claim by either party made within 20 days and after the first observance of <br />the conditions. <br />13. Any proprietary material, information, data or devices contained in the equipment or work provided <br />hereunder, or any component or feature thereof, remains our property. This includes, but is not limited to, <br />any tools, devices, manuals, software (which is subject to a limited license for use in this <br />building/premises/equipment only), modems, source/access/object codes, passwords and the Schindler <br />Remote Monitoring feature ("SRM") (if applicable) which will deactivate and remove if the Agreement is <br />terminated. <br />14. Our bid is based on reusing existing components as is in regard to seismic conditions except as herein <br />noted. Any required changes to existing components resulting from seismic requirements will need to be <br />bid separately. <br />