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Orange County West Campus Office Building -HVAC <br />PDC Project 23020 GENERAL CONDITIONS (INFORMAL <br />PROJECT)00 72 00 - 10 <br />EXECUTE THE CHANGE ORDER,WITHIN SEVEN (7)DAYS OF RECEIPT. <br />AT THE TIME OF SIGNING A CHANGE ORDER,THE CONTRACTOR SHALL BE REQUIRED TO <br />CERTIFY AS FOLLOWS: <br />"I CERTIFY THAT MY BONDING COMPANY WILL BE NOTIFIED FORTHWITH THAT MY CONTRACT <br />HAS BEEN CHANGED BY THE AMOUNT OF THIS CHANGE ORDER,AND THAT A COPY OF THE <br />APPROVED CHANGE ORDER WILL BE MAILED UPON RECEIPT BY ME TO MY SURETY." <br />A CHANGE ORDER,WHEN ISSUED,SHALL BE FULL COMPENSATION,OR CREDIT,FOR THE WORK <br />INCLUDED,OMITTED OR SUBSTITUTED.IT SHALL SHOW ON ITS FACE THE ADJUSTMENT IN TIME <br />FOR COMPLETION OF THE PROJECT AS A RESULT OF THE CHANGE IN THE WORK. <br />IF,DURING THE PROGRESS OF THE WORK,THE OWNER REQUESTS A CHANGE ORDER AND THE <br />CONTRACTOR'S TERMS ARE UNACCEPTABLE,THE OWNER,MAY REQUIRE THE CONTRACTOR TO <br />PERFORM SUCH WORK ON A TIME AND MATERIAL BASIS WHEREUPON THE CONTRACTOR SHALL <br />PROCEED AND KEEP ACCURATELY ON SUCH FORM AS SPECIFIED BY THE DESIGNER OR OWNER, <br />A CORRECT ACCOUNT OF COST TOGETHER WITH ALL PROPER INVOICES,PAYROLLS AND <br />SUPPORTING DATA.UPON COMPLETION OF THE WORK A CHANGE ORDER WILL BE PREPARED <br />WITH ALLOWANCES FOR OVERHEAD AND PROFIT PER PARAGRAPH D.ABOVE AND “NET COST” <br />AND “COST”PER PARAGRAPH E.ABOVE.WITHOUT PREJUDICE,NOTHING IN THIS PARAGRAPH <br />SHALL PRECLUDE THE OWNER FROM PERFORMING OR TO HAVE PERFORMED THAT PORTION OF <br />THE WORK REQUESTED IN THE CHANGE ORDER. <br />ANNULMENT OF CONTRACT <br />IF THE CONTRACTOR FAILS TO BEGIN THE WORK UNDER THE CONTRACT WITHIN THE TIME <br />SPECIFIED,OR THE PROGRESS OF THE WORK IS NOT MAINTAINED ON SCHEDULE,OR THE WORK <br />IS NOT COMPLETED WITHIN THE TIME SPECIFIED,OR FAILS TO PERFORM THE WORK WITH <br />SUFFICIENT WORKMEN AND EQUIPMENT OR WITH SUFFICIENT MATERIALS TO ENSURE THE <br />PROMPT COMPLETION OF SAID WORK,OR SHALL PERFORM THE WORK UNSUITABLY OR SHALL <br />DISCONTINUE THE PROSECUTION OF THE WORK,OR IF THE CONTRACTOR SHALL BECOME <br />INSOLVENT OR BE DECLARED BANKRUPT OR COMMIT ANY ACT OF BANKRUPTCY OR <br />INSOLVENCY,OR ALLOW ANY FINAL JUDGMENT TO STAND AGAINST HIM UNSATISFIED FOR A <br />PERIOD OF FORTY-EIGHT (48)HOURS,OR SHALL MAKE AN ASSIGNMENT FOR THE BENEFIT OF <br />CREDITORS,OR FOR ANY OTHER CAUSE WHATSOEVER SHALL NOT CARRY ON THE WORK IN AN <br />ACCEPTABLE MANNER,THE OWNER MAY GIVE NOTICE IN WRITING,SENT BY CERTIFIED MAIL, <br />RETURN RECEIPT REQUESTED,TO THE CONTRACTOR AND HIS SURETY (IF APPLICABLE)OF <br />SUCH DELAY,NEGLECT OR DEFAULT,SPECIFYING THE SAME,AND IF THE CONTRACTOR WITHIN <br />A PERIOD OF SEVEN (7)DAYS AFTER SUCH NOTICE SHALL NOT PROCEED IN ACCORDANCE <br />THEREWITH,THEN THE OWNER SHALL,DECLARE THIS CONTRACT IN DEFAULT,AND, <br />THEREUPON,THE SURETY SHALL PROMPTLY TAKE OVER THE WORK AND COMPLETE THE <br />Docusign Envelope ID: 8DED1454-68D2-4E36-9FC6-E56FF2124E5D