Agenda - 01-21-1992 - Laserfiche WebLink

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2. That the Contractors shall commence work to be performed under this Agreement on a date to be specified in a written order of the County and shall fully complete all work hereunder within 45 consecutive calendar days from said date. For each day in excess thereof, liquidated damages shall be as stated in Supplementary General Conditions. The Contractor, as one of the considerations for the awarding of this Contract, has furnished to the County a construction schedule setting forth planned progress of the project broken down by the various divisions or part of the work and by calendar days. In the event that the progress of the work is not maintained on schedule by the Contractor, or in the event the work is not completed within the time above specified, the County may upon fifteen 915) days notice, sent by certified mail, return receipt requested, to the Contractor and his Surety, declare this Contract in default, and thereupon, such Surety shall promptly take over the said work and complete the performance_ of this Contract in the manner and within the time above specified, and all funds due or to become due to the Contractor shall be paid to the Surety. In the event the Surety shall fail to take over the work to be done under this contract within fifteen (15) days after being so notified and notify the County in writing, sent by certified mail, return receipt requested, that he is taking the same over and stating that he will diligently pursue and complete the same, the County shall have the right to let the work remaining to be done to some other Contractor, either by public letting or negotiation, and thereupon the Contractor and the Surety on his Bond shall forthwith pay the County all increase in cost or loss and damage which it may sustain on account of such default on the part,of the Contractor. 3. The County hereby agrees to pay to the Contractor for the faithful performance of this Agreement, subject to additions and deductions as provided in the specifications or proposal, in lawful money of the United States as follows: -Twenty Seven Thousand Three Hundred. ($ 27,300.00 ).