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<br />.. <br /> <br />the Contractor's interpretation or understanding of the document(s) in question, along with <br />the reason for such understanding. <br /> <br />Schedule of Values means a written schedule setting forth the detailed and itemized cost <br />breakdown, inclusive of labor, material, and taxes of all elements comprising the Work. <br /> <br />Specifications and Plans as used herein means that portion of the Contract Documents <br />which are the written requirements for the materials, equipment, systems, standards and <br />workmanship for completion of the Work and performance of related services. <br /> <br />Sub-Contractor(s) means a person or entity other than a materialman or laborer that has a <br />direct contract with the Contractor to perform or supply any portion of the Work. <br /> <br />Substantial Completion means that point at which the Work is at a level of completion in <br />substantial compliance with the Agreement such that the City can use, occupy and/or operate <br />the facility in all respects to its intended purpose. Substantial Completion shall be evidenced by <br />the City's execution of a Certificate of Substantial Completion. <br />Time for Completion means the date of Substantial Completion as specified in the Contract <br />Documents. <br /> <br />Work as used herein refers to all services required by the Contract Documents, including all <br />labor, materials, equipment, supervision and services needed to complete the Project in <br />accordance with the Contract Documents. <br /> <br />ARTICLE 1. SCOPE OF WORK <br /> <br />Contractor shall provide all labor, materials, equipment, tools, manpower, management, <br />supervision, and all other necessary goods and services to perform the Work in the manner <br />provided this Agreement and the Contract Documents. <br /> <br />ARTICLE 2. CONTRACT TIME. TIME FOR COMPLETION AND LIQmDATED <br />DAMAGES <br /> <br />2.1 Time is of the essence in the performance of the Work under this Agreement. The <br />Commencement Date shall be no later than five (5) days after City's issuance of the Notice to <br />Proceed. Contractor shall perform the Work in accordance with any applicable Construction <br />Schedule(s), and shall achieve Substantial Completion of construction not later than 60 (sixty) <br />days after issuance of a Notice to Proceed (hereinafter referred to as the "Time for Completion.") <br /> <br />2.2 Contractor shall complete all applications for any construction permit(s) within ten <br />(10) calendar days after execution of this Agreement. A Notice to Proceed for the <br />commencement of the Work will not be issued until Contractor's submission to the City of all <br />required documents, including, but not limited to, the Bonds, the Insurance Certificate and the <br />construction permit(s). In the event Contractor fails to deliver to the City the required documents <br />within ten (10) days after the Execution Date, or fails to apply for the construction permit(s) <br />within ten (10) days after the Execution Date, or fails to commence the Work within five (5) <br />days after the City's Issuance of a Notice to Proceed, then Contractor shall be in default. In such <br />event the City, in addition to all remedies provided for an event of Contractor's default <br />hereunder, shall have the right to collect from Contractor all expenses incurred by the City in <br /> <br />21 <br />