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Docusign Envelope ID: 1C7ED1D1-5E77-4A65-9197-5DBBABEB67C6 <br /> documentation, including but not limited to,job cost records, to support its claims for final <br /> compensation and if such request is made final compensation shall not be due until all <br /> relevant documentation is received, reviewed, and approved by Owner. <br /> n. There are no third-party beneficiaries of this Agreement and nothing in this Agreement, <br /> express or implied, is intended to confer on any person other than the parties hereto (and <br /> their respective successors, heirs and permitted assigns), any rights, remedies, or <br /> obligations. <br /> 12. CONSEQUENTIAL AND LIQUIDATED DAMAGES <br /> a. Owner and Contractor mutually waive any claim against each other for consequential <br /> damages. Consequential Damages include: <br /> i. Damages incurred by Owner for loss of use, income, financing, or business. <br /> ii. Damages incurred by Contractor for office expenses, including personnel, loss of <br /> financing, profit, income, business, damage to reputation, or any other non-direct <br /> damages. <br /> b. Liquidated damages shall be in accord with the Contract Documents. If the Contract <br /> Documents do not otherwise address liquidated damages, such damages shall be in the <br /> amount of five hundred dollars ($500.00)per day. <br /> 13. TERMINATION OR SUSPENSION <br /> a. The Owner may, without cause, order the Contractor to terminate, suspend, delay or <br /> interrupt the Work in whole or in part for such period of time as the Owner may determine. <br /> i. If Owner issues a written order to delay, suspend, or interrupt the Work, and such <br /> order is not due to or as a result of any fault on the part of the Contractor or any <br /> subcontractor, the Contractor may recover a per diem amount of five hundred <br /> dollars ($500.00) per day with a not-to-exceed limit of ten thousand dollars <br /> ($10,000.00). <br /> ii. In the event of termination by the Owner under this Agreement, the Contractor <br /> shall be entitled to receive its reasonable and documented direct costs incurred prior <br /> to the date Owner mails the notice of termination, including the cost of materials <br /> purchased for the Work, but only if such purchases cannot be canceled, or materials <br /> returned, or which material cannot reasonably be used by the Contractor on other <br /> work, and the cost of closing down the work in a safe and efficient manner. <br /> iii. If Owner elects to suspend or terminate the contract pursuant to subparagraphs <br /> 13.a.i. or 13 a.ii. the sole remedy available to the Contractor are those listed in said <br /> subparagraphs and Contractor is not entitled to any right to further claims for any <br /> amount owed or disputed or for payment of damages alleged to have been sustained <br /> as a result of Owner's order to delay, suspend, or interrupt the Work. <br /> b. The Owner may, with cause, order the Contractor to suspend, delay or interrupt the Work <br /> in whole or in part for such period of time as the cause remains. <br /> Revised 01/24 8 <br />