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ATTACHMENT No.2-STANDARD CONTRACT CONDITIONS <br /> APPLICABLE LAWS <br /> This Agreement and work described by it shall be governed by the laws of the State of North Carolina, <br /> ASSIGNMENT <br /> Neither Engineer nor Client may assign or transfer any rights under or interest in this Agreement without the written <br /> consent of the other. <br /> LIMITATION OF CONTRACT RELATIONSHIP <br /> This Agreement, and any work produced or services provided under it, shall not constitute or create any contractual <br /> relationship between Engineer and any other party except Client. This Agreement has no third party beneficiaries. <br /> Engineer shall have no fiduciary responsibility to Client or any other party. <br /> BILLING AND PAYMENT <br /> Engineer shall bill Client approximately monthly for services rendered and expenses incurred under this Agreement. <br /> Client shall promptly make payment to Engineer. Any objection to an invoice shall be made by Client within 14 <br /> calendar days of the invoice date;otherwise Client waives any right to objection.Any invoice not paid within 30 days <br /> shall be considered past due and shall accrue interest,payable to Engineer,at a rate of 18%annually beginning from <br /> the original invoice date. in the event any portion or all of an account remains unpaid 60 days after the invoice date, <br /> Client shall pay all costs of collection,including attorney's fees to the extent allowed by law. <br /> STANDARD OF CARE <br /> Engineer shall perform services using the customary degree of care, skill, and diligence ordinarily exercised by <br /> reputable members of the engineering profession practicing under sunilar circumstances in a similar locality. No other <br /> warranty or performance standard shall be applicable regarding the quality of services provided by Engineer under this <br /> Agreement. <br /> PROJECT SUCCESS <br /> Engineer makes no warranty or guarantee that the services provided under this Agreement will result in any particular <br /> Project outcome, including receipt of necessary permits from regulatory agencies, satisfactory permit conditions, <br /> timeliness of permits and approvals, realization of Project objectives,economic viability,or other measure of success. j <br /> ACCESS TO SITE Ij <br /> Client has the authority to.grant, and hereby does grant, Engineer and Engineer's employees and consultants, legal <br /> and unrestricted access to the Project site for activities necessary for performance of the work under this Agreement. <br /> CLIENT-FURNISHED ITEMS <br /> Client shall provide in a timely manner any items or Information reasonably necessary for Engineer to execute the <br /> work covered by this Agreement, Engineer may use and rely on surveys, reports, and other information provided by j <br /> Client or any agent of Client, without having any duty to verify the accuracy or adequacy thereof, and without having ' <br /> any liability related thereto. <br /> CLAIMS AND DISPUTES ; <br /> In the event that any claim or dispute arises between Client and Engineer from the performance of these services,and <br /> it cannot be satisfactorily resolved between the parties,it shall then be subject to binding arbitration in accordance with <br /> the procedures of the American Arbitration Association. If Client and Engineer agree that Engineer will continue work <br /> during any dispute,Client shall continue to pay Engineer for any undisputed work performed. Prior to making any claim <br /> for damages totaling more than ten thousand dollars, Client shall first obtain, and include with the notice of claim, a <br /> Certificate of Merit from an Independent professional engineer who practices a similar scope of work in the same <br /> locality of the Project. The Certificate of Merit shall state that in the independent engineer's opinion, Client has a <br /> reasonable basis for claim against Engineer;otherwise the claim shall not be valid. <br /> RISK ALLOCATION <br /> In recognition of the relative risks and rewards of the Project to each party,Client and Engineer agree to a reasonable <br /> risk allocation for all claims,losses,injuries,expenses,costs,judgments,damages,or claim expenses arising out of or i <br /> relating to the Project or this Agreement, such that the maximum total aggregate liability of Engineer, and Engineers <br /> owners,officers,employees,and consultants,for negligent ads,errors,omissions,breach of contract,or strict liability, f <br /> shall be free hundred dollars. In addition, Client and Engineer waive all rights to consequential damages for claims, <br /> disputes, or other matters arising out of or relating to this Agreement; and Client and Engineer waive all rights to I <br /> damages for any claim against the other,where the damaged party has insurance coverage for the claim. <br /> ADDITIONAL SERVICES <br /> Any work performed by Engineer that is on,for,or related to the Project or Project site,but not specifically described or <br /> anticipated herein,and which is not covered by any other agreement,shall be considered Additional Services to this <br /> Agreement,and shall be fully governed by the provisions of this Agreement. <br /> 4 <br />