2011-328 Planning - DOT Construction, Inc. for bus shelters at DTCC

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STANDARD SPECIAL PROVISION AVAILABILITY OF FUNDS -TERMINATION OF CONTRACTS ~s-zo-os) zrz General Statute 143C-6-11. (h) Highway Appropriation is hereby incorporated verbatim in this contract as follows: (h) Amounts Encumbered. -Transportation project appropriations may be encumbered in the amount of allotments made to the Department of Transportation by the Director for the estimated.payments for transportation project contract work to be performed in the appropriation fiscal year. The allotments shall be multiyear allotments and shall be based on .estimated revenues and shall be subject to the maximum contract authority contained in General Statute 143C-6-11(c). Payment for transportation project work performed pursuant to contract in any fiscal year other than the current fiscal year is subject to appropriations by the General Assembly. Transportation project contracts shall contain a schedule of estimated completion progress, and any acceleration of this progress shall be subject to the approval of the Department of Transportation provided funds are available. The State reserves the right to terminate or suspend any transportation project contract, and any transportation project contract shall be so terminated or suspended if funds will not be available for payment of the work to be performed during that fiscal year pursuant to the contract. In the event of termination of any contract, the contractor shall be given a written notice of termination at least 60 days before completion of scheduled work for which funds aze available. In the event of termination, the contractor shall be paid for the work already performed in accordance with the contract specifications. Payment will be made on any contract terminated pursuant to the special provision in accordance with Article 108-13(E), of the North Carolina Department of Transportation Standard SpecificationsforRoads and Structures, dated July 1, 2006.