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City of Sunny Isles Beach |Request for Proposal No. 14‐10‐01 15 from furnishing, installing or performing such work where required to the satisfactory completion of the project. 2.21 LICENSES, PERMITS AND FEES The proposer shall obtain and pay for all licenses, permits and inspection fees required for this project; and shall comply with all laws, ordinances, regulations and building code requirements applicable to the work contemplated herein. Damages, penalties and or fines imposed on the City or the proposer for failure to obtain required licenses, permits or fines shall be borne by the proposer. 2.22 LIQUIDATED DAMAGES FOR INCOMPLETE PROJECTS Failure to complete the project in accordance with the specifications and to the satisfaction of the City within the time stated for substantial and/or final completion shall cause the Proposer to be subject to charges for liquidated damages in the amount of $400.00 for each and every calendar day the work remains incomplete beyond these deadlines. As compensation due to the City for loss of use and for additional costs incurred by the City due to such non-completion of the work, the City shall have the right to deduct the said liquidated damages from any amount due, or that may become due to the Proposer under this agreement, or to invoice the Proposer for such damages if the costs incurred exceed the amount due to the Proposer. 2.23 WEEKLY PROGRESS REPORTS The City shall require that the successful proposer provide weekly progress reports on the status of the project. The report shall include at the minimum the following information;  Background on the project itself  Discussion of the achievements since last reporting  Discussion of problems that have arisen  Discussion of work that lies ahead  2 week look ahead schedule  Assessment of whether you will meet the objectives in the proposed schedule and budget END OF SECTION