Reso 2005-770 - Laserfiche WebLink

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- II B. Review of Application and Acceptance II 1. If, on the basis of ENGINEER's observation of the Work during construction and fInal inspection, and ENGINEER's review of the fmal Application for Payment and accompanying documentation as required by the Contract Documents, ENGINEER is satisfied that the Work has been completed and CONTRACTOR's other obligations under the Contract Documents have been fulfilled, ENGINEER will, within ten days after receipt of the fmal Application for Payment, indicate in writing ENGINEER's recommendation of payment and present the Application for Payment to OWNER for pay- ment. At the same time ENGINEER will also give written notice to OWNER and CONTRACTOR that the Work is acceptable subject to the provisions of paragraph 14.09. Otherwise, ENGINEER will return the Application for Payment to CONTRACTOR, indicating in writing the reasons for :-d'using to recommend fInal payment, in which case CON- TRACTOR shall make the necessary corrections and resubmit the Application for Payment. II II - - - - C. Payment Becomes Due - 1. 111.irty days after the presentation to OWNER of the Application for Payment and accompanying docu- mentation, the amount recommended by ENGINEER will become due and, when due, will be paid by OWN- ER to CONTRACTOR. - 14.08 Final Completion Delayed - A. If, through no fault of CONTRACTOR, fmal completion of the Work is significantly delayed, and if ENGINEER so confirms, OWNER shall, upon receipt of CONTRACTOR's final Application for Payment and recommendation of ENGINEER, and without terminJltine the Agreement, make paYment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance to be held by OWNER for Work not fully completed or corrected is less than the retainage stipulated in the Agreement, and if Bonds have been furnished as required in paragraph 5.01, the written consent of the surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by CON- TRACTOR to ENGINEER with the Application for such payment. Such payment shall be made under the tenns and conditions governing fInal payment, except that it shall not constitute a waiver of Claims. I I I . ! I I - - 14.09 Waiver of Claims A. The making and acceptance of fmal payment will constitute: 00700 - 40 1. a waiver of all Claims by OWNER against CONTRACTOR, except Claims arising from unsettled Liens, from defective Work appearing after fmal inspection pursuant to paragraph 14.06, from failure to comply with the Contract Documents or the terms of any special guarantees specified therein, or from CONTRACTOR's continuing obligations under the Contract Documents; and 2. a waiver of all Claims by CONTRACTOR against OWNER otller than those previously made In writing which are still unsettled. ARTICLE 15 - SUSPENSION OF WORK AND TERMINA TION 15.01 OWNER May Suspend Work A. At any time and without cause, OWNER may suspend the Work or any portion thereof for a period of not more than 90 consecutive days by notice in writing to CON- TRACTOR and ENGINEER which will fIx the date on which Work will be resumed. CONTRACTOR shall resume the Work on the date so fIxed. CONTRACTOR shaIl be allowed an adjustment in the Contract Price or an extension of the Contract Times, or both, directly attributable to any such suspension if CONTRACTOR makes a Claim therefor as provided in paragraph 10.05. 15.02 OWNER May Tenninarefor Cause A. The occurrence of anyone or more of the following events will justify termination for cause: J. CONTRACTOR's persistent failure to perform -. . . the Work in accordance:with the Contract Documents (including, but.not limited to, failure to supply sufficient skilled. workers or suitable materials or equipment or failure to adhere to the progress schedule established under paragraph 2.07 as adjusted from time to time pursuant to paragraph 6.04); 2. CONTRACTOR's disregard of Laws or Regulations of any public body having jurisdiction; 3. CONTRACTOR's disregard of the authority of ENGINEER; or 4. CONTRACTOR's violation in any substantial r way of any provisions of the Contract Documents. B. If one or more of the events identified in paragraph 15.02.A occur, OWNER may, after giving CONTRACTOR (and the surety, if any) seven days written notice, terminate