Agenda - 06-17-1986 - Laserfiche WebLink

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04' . SECTION II: TIME OF:COMPLETION THAT the Contractor agrees to start the demolition, lot clearance and hauling services outlined in SECTION I of this Contract upon receipt of a written Proceed Order from the County and will be satisfactorily completed within ) working days after the date specified in the Proceed Order as the beginning time for the demolition, lot clearance and hauling services. In the event unforeseen delays cause this performance deadline to be ex- ceeded, the County and the Contractor shall establish a mutually agreeable extension which shall be negotiated and incorporated as an addendum to this agreement. This is of the essence, and it is agreed that any delay beyond the time specified for completion stipulated herein shall result in the Contractor being charged wfth liquidated damages for delay in the sum of TEN DOLLARS ($10.00) a day for each day beyond the time'limit agreed upon. SECTION III: CONTRACT AMOUNT THAT for the services rendered under SECTION I of this Contract by the Contractor, the County shall pay the Contractor a sum of $ ( Dollars and Cents) upon the completion of the services described in this Contract. There will be a 10% retaining fee for the 60 day inspection, which will be held 60 days after the final inspection. This payment shall be made to the Contractor by the County subject to a joint inspection of the work sites by the County and the Contractor to insure adequate performance of the provisions of this agreement and the receipt of an appropriate invoice from the Contractor. In the event unforeseen circumstances result in the County desiring an addition or deduction of services which changes the contract amount hereabove, a mutually agreeable written addendum to change the contract sum shall be negotiated and incorporated into this agreement. -4-