Orange County NC Website
10 <br /> c. The Work shall be tested and inspected as required by the Contract Documents and as required <br /> by law. Unless prohibited by law the costs of all such tests and inspections related to state and <br /> federal codes such as ADA, Administrative, Electrical, Plumbing, Mechanical and Building <br /> Codes shall be borne by the Design-Builder. The costs for material and structural testing shall <br /> be conducted by an independent third party at the expense of the Owner. Delays related to any <br /> of the aforementioned tests and inspections shall not be grounds for delaying the completion of <br /> the work. If any such tests and inspections reveal deficiencies in the Work such that the Work <br /> does not comply with terms or requirements of the Contract Documents and/or the requirements <br /> of any code or law the Design-Builder is solely responsible for the cost of bringing such <br /> deficiencies into compliance with the terms of the Contract Documents and/or any code or law. <br /> d. Should the Designer,if a Designer is retained for the project involving the Work,or Owner reject <br /> any portion of the Work for failing to comply with the Contract Documents Design-Builder shall <br /> immediately, at Design-Builder's expense, correct the Work. Any such rejection may be made <br /> before or after substantial completion. If applicable, any additional expense borne by the <br /> Designer under this section shall be paid at Design-Builder's expense. <br /> e. The Design-Builder shall not assign any portion of this Agreement nor subcontract the Work in <br /> its entirety without the prior written consent of the Owner. <br /> f. The Design-Builder and Owner shall list any and all architects,consultants,designers,engineers, <br /> and other professionals, together with all related license information, employed, engaged, <br /> contracted, or subcontracted to perform any part or portion of the Work. Such list shall be <br /> provided as Exhibit 3 hereto. Exhibit 3 shall be updated regularly as such architects,consultants, <br /> designers, engineers, and other professionals are retained and/or hired. <br /> 9. CONSEQUENTIAL AND LIQUIDATED DAMAGES <br /> a. Owner and Design-Builder accept the following liquidated damages provisions: <br /> (i) It is mutually recognized that time is an essential element of the Agreement, and that <br /> delay in completing the work will result in damages due to public inconvenience, <br /> interference with business, and the increasing of engineering, inspection, and <br /> administrative costs to the Owner. It is therefore agreed that in view of the difficulty of <br /> making a precise determination of such damages, a sum of money in the amount <br /> stipulated in the contract will be charged against the Design-Builder for each calendar <br /> day that the work remains uncompleted after the expiration of the completion date, not <br /> as a penalty but as liquidated damages. Should the Design-Builder or,in case of default, <br /> the Surety fail to complete the Work by the completion date, a deduction of the amount <br /> stipulated in the Contract Documents as liquidated damages will be made for each and <br /> every calendar day that such Work remains uncompleted. This amount will be deducted <br /> from any money due the Design Builder or its Surety under the Contract Documents, <br /> and the Design-Builder and its Surety will be liable for any liquidated damages in excess <br /> of the amount due. In case of default of the Agreement and the completion of the work <br /> by the Owner,the Design Builder and its Surety will be liable for the liquidated damages <br /> under the Contract Documents, but no liquidated damages will be chargeable for any <br /> delay in the final completion of the work by the Owner due to any action, negligence, <br /> omission, or delay of the Owner. In any suit for the collection of or involving the <br /> assessment of liquidated damages, the reasonableness of the amount stipulated in the <br /> Contract Documents will be presumed. The liquidated damages referred to herein are <br /> Revised 6/16 6 <br />