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retainage stipulated in the Agreement, and if bonds Schedule established under Paragraph 2.07 as <br /> have been furnished as required in Paragraph 5.01, adjusted from time to time,pursuant to Paragraph <br /> the written consent of the surety to the payment of 6.04); <br /> the balance due for that portion of the Work fully <br /> completed and accepted shall be submitted by 2. Contractor's disregard of Laws or Regula- <br /> Contractor to Engineer with the Application for such tions of any public body having jurisdiction; <br /> payment. Such payment shall be made under the <br /> terms and conditions governing final payment, 3. Contractor's disregard of the authority of <br /> except that it shall not constitute a waiver of Claims. Engineer; or <br /> 14.09 Waiver of Claims 4. Contractor's violation in any substantial <br /> way of any provisions of the Contract Documents. <br /> A. The making and acceptance of final pay- <br /> ment will constitute: B. If one or more of the events identified in <br /> Paragraph 15.02.A occur, Owner may, after giving <br /> 1. a waiver of all Claims by Owner against Contractor (and surety ) seven days written notice of <br /> Contractor, except Claims arising from unsettled its intent to terminate the services of Contractor. <br /> Liens, from defective Work appearing after final <br /> inspection pursuant to Paragraph 14.06, from failure 1. exclude Contractor from the Site, and <br /> to comply with the Contract Documents or the terms take possession of the Work and of all Contractor's <br /> of any special guarantees specified therein, or from tools, appliances, construction equipment, and <br /> Contractor's continuing obligations under the machinery at the Site, and use the same to the full <br /> Contract Documents; and extent they could be used by Contractor (without <br /> liability to Contractor for trespass or conversion), <br /> 2. a waiver of all Claims by Contractor <br /> against Owner other than those previously made in 2. incorporate in the Work all materials and <br /> accordance with the requirements herein and equipment stored at the Site or for which Owner has <br /> expressly acknowledged by Owner in writing as still paid Contractor but which are stored elsewhere, and <br /> unsettled. <br /> 3. complete the Work as Owner may deem <br /> expedient. <br /> ARTICLE 15 - SUSPENSION OF WORK AND <br /> TERMINATION C. If Owner proceeds as provided in <br /> Paragraph 15.02.B, Contractor shall not be entitled <br /> to receive any further payment until the Work is <br /> 15.01 Owner May Suspend Work completed. If the unpaid balance of the Contract <br /> Price exceeds all claims, costs, losses, and <br /> A. At any time and without cause, Owner damages (including but not limited to all fees and <br /> - may suspend the Work or any portion thereof for a charges of engineers, architects, attorneys, and <br /> period of not more than 90 consecutive days by other professionals and all court or arbitration or <br /> notice in writing to Contractor and Engineer which other dispute resolution costs) sustained by Owner <br /> will fix the date on which Work will be resumed. arising out of or relating to completing the Work, <br /> Contractor shall resume the Work on the date so such excess will be paid to Contractor. If such <br /> fixed. Contractor shall be granted an adjustment in claims, costs, losses, and damages exceed such <br /> the Contract Price or an extension of the Contract unpaid balance, Contractor shall pay the difference <br /> Times, or both, directly attributable to any such to Owner. Such claims, costs, losses, and damages <br /> suspension if Contractor makes a Claim therefor as incurred by Owner will be reviewed by Engineer as <br /> provided in Paragraph 10.05. to their reasonableness and, when so approved by <br /> Engineer, incorporated in a Change Order. When <br /> 15.02 Owner May Terminate for Cause exercising any rights or remedies under this <br /> Paragraph Owner shall not be required to obtain the <br /> A. The occurrence of any one or more of the lowest price for the Work performed. <br /> following events will justify termination for cause: <br /> D. Notwithstanding Paragraphs 15.02.B and <br /> 1. Contractor's persistent failure to perform 15.02.C, Contractor's services will not be terminated <br /> the Work in accordance with the Contract if Contractor begins within seven days of receipt of <br /> Documents (including, but not limited to, failure to notice of intent to terminate to correct its failure to <br /> supply sufficient skilled workers or suitable materials perform and proceeds diligently to cure such failure <br /> or equipment or failure to adhere to the Progress within no more than 30 days of receipt of said notice. <br /> EJCDC C-700 Standard General Conditions of the Construction Contract. <br /> Copyright 0 2002 National Society of Professional Engineers for EJCDC. All rights reserved. <br /> 00700-12 <br /> 03/12 11-4179 <br />