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<br />4.32. City May Terminate: If the Contractor is adjudged bankrupt or insolvent, or if they make a general <br />assignment for the benefit of their creditors, or if a trustee or receiver is appointed for the Contractor or for <br />any of their property, or if they file a petition to take advantage of any debtor's act, or to reorganize under <br />bankruptcy or similar laws, or if they repeatedly fails to supply sufficient skilled workmen or suitable materials <br />or equipment, or if they repeatedly fail to make prompt payments to Sub-Contractors or for labor, materials or <br />equipment or they disregards laws, ordinances, rules, regulations or orders of any public body having <br />jurisdiction, or if they disregard the authority of the City, of if they otherwise violates any provision of, the <br />Contract Documents, then the City may, without prejudice to any other right or remedy and after giving the <br />Contractor and the surety ten (10) days written notice, terminate the services of the Contractor and take <br />possession of the Project and of all materials, equipment, tools, construction equipment and machinery <br />thereon owned by the Contractor, and finish the Work by whatever method they may deem expedient. In <br />such case the Contractor shall not be entitled to receive any further payment until the Work is finished. If the <br />unpaid balance of the Contract Price exceeds the direct and indirect costs of completing the Project, including <br />compensation for additional professional services, such excess shall be paid to the Contractor. If such costs <br />exceed such unpaid balance, the Contractor will pay the difference to the City. Such costs incurred by the City <br />will be determined by the City and incorporated in a Change Order. If after termination of the Contractor <br />under this Section, it is determined by a court of competent jurisdiction for any reason that the Contractor was <br />not in default, the rights and obligations of the City and the Contractor shall be the same as if the termination <br />had been issued pursuant to this document. <br /> <br />4.32.1. Where the Contractor's services have been so terminated by the City said termination shall not affect <br />any rights of the City against the Contractor then existing or which may thereafter accrue. Any <br />retention or payment of moneys by the City due the Contractor will not release the Contractor from <br />liability. <br /> <br />4.32.2. Upon ten (10) days written notice to the Contractor, the City may, without cause and without <br />prejudice to any other right or remedy, elect to terminate the Agreement. In such case, the <br />Contractor shall be paid for all Work executed and accepted by the City as of the date of the <br />termination. No payment shall be made for profit for Work which has not been performed. <br /> <br />4.33. Removal of Equipment: In the case of termination of this Contract before completion for any cause <br />whatever, the Contractor, if notified to do so by the City, shall promptly remove any part or all of his <br />equipment and supplies from the property of the City. Should the Contractor not remove such equipment and <br />supplies, the City shall have the right to remove them at the expense of the Contractor. Equipment and <br />supplies shall not be construed to include such items for which the Contractor has been paid in whole or in <br />part. <br /> <br />4.34. Miscellaneous: Bidder acknowledges the following miscellaneous conditions: <br /> <br />4.34.1. Whenever any provision of the Contract Documents requires the giving of written notice it shall be <br />deemed to have been validly given if delivered in person to the individual or to a member of the firm or to an <br />officer of the corporation for whom it is intended, or if delivered at or sent by registered or certified mail, <br />postage prepaid, to the last business address known to them who gives the notice. <br /> <br />4.34.2. The Contract Documents shall remain the property of the City. The Contractor shall have the right to <br />keep one record set of the Contract Documents upon completion of the Project. <br /> <br />4.34.3. The duties and obligations imposed by these General Conditions, Special Conditions and <br />Supplemental Conditions and the rights and remedies available hereunder, and, in particular but <br />without limitation, the warranties, guarantees and obligations imposed upon Contractor and <br />those in the Special Conditions and the rights and remedies available to the City, shall be in <br />addition to, and shall not be construed in any way as a limitation of, any rights and remedies <br />available by law, by special guarantee or by other provisions of the Contract Documents. <br /> <br />PAGE 22 OF 96 <br />BID No. <br />