My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2003-170 AUTHORIZING WATER MAIN AGREEMENT
COD
>
City Clerk
>
RESOLUTIONS
>
2003
>
R2003-170 AUTHORIZING WATER MAIN AGREEMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/6/2016 2:42:51 PM
Creation date
1/6/2016 2:42:30 PM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2003-170
Res Ord Title
AUTHORIZING WATER MAIN AGREEMENT NEAR NORTH REDEVELOPMENT / WABASH CROSSING EAST LAKE / DECATUR LLC
Approved Date
11/3/2003
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
161
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
the Owner skall reimburse the Contrac�or such costs ar�d the Contractor-'s Fee a�plicable thereto <br /> on the same basis as if such costs had been incurred prior to final payment,but not in excess of <br /> the Guaranteed Maximum Price. If the Contractor has participated in savings as provided in <br /> Paragraph 5.2,the amount of such savings shall be recalculated and appropriate credit given to the <br /> Owner in determining the net amount to be paid by the Owner to the Contractor. <br /> ARTICLE 13 TERMINATION OR SUSPENSION <br /> 13.1 The Contraci may be terminated by the ContraHow ver the aOmountf to be pa d toethe <br /> p:ovided in Ariicle i4 of AIA Document A2oi-i997• <br /> Contractor under Subparagraph i4.i3 of AIA Document AZoi-i997 shall not exceed the amount <br /> the Contractor would be entitled to receive under Paragraph i3.2 below, except that the <br /> Contractor's Fee shall be calculated as if the Work had been fully completed by the Contractor, <br /> including a reasonable estimate of the Cost of the Wc�rk for Work not actually completed. <br /> t3.2 The Contract may be terminated by the Owner for cause as provided in Article i4 of AIA <br /> Document AZoi-i9g7.The amount,if any,to be paid to the Contractor under Subparagraph i4•2•4 <br /> of AIA Document AZoi-i997 shall not cause the Guaranteed Maximum Price to be exceeded,nor <br /> shall it exceed an amount calculated as follows: <br /> 13.2.1 Take the Cost of the Work incurred by the Contractor to the date of termination; <br /> 13.2.2 Add the Contractor's Fee computed upon the Cost of the Work to the date of termination <br /> at the rate stated in Subparagraph 5.i.z or,if the Contractor's Fee is stated as a fixed sum in that <br /> Subparagraph,an amount that bears the same ratio to that fixed-sum Fee as the Cost of the Work <br /> at the time of termination bears to a reasonable estimate of the probable Cost of the Work upon <br /> its completion;and <br /> 13.2.3 Subtract the aggregate of previous payments made by the Owner. <br /> 13.3 The Owner shall also pay the Contractor fair compensation,either by purchase or rental <br /> at the election of the Owner,for any equipment owned by the Contractor that the Owner elects <br /> to retain and that is not otherwise included in the Cost of the Work under Subparagraph i3.z.i.To <br /> the extent that the Owner elects to take legal assignment of subcontracts and purchase orders <br /> (including rental agreements), the Contractor shall, as a condition of receiving the payments <br /> referred to in this Article i3,execute and deliver all such papers and take all such steps>including <br /> the legal assignment of such subcontracts and other contractual rights of the Contractor,as the <br /> Owner may require for the purpose of fully vesting in the Owner the rights and benefits of the <br /> Contractor under such subcontracts or purchase orders. <br /> 13.4 The Work may be suspended by the Owner as provided in Article i4 of AIA Document <br /> AZoi-i997;in such case,the Guaranteed Maximum Price and Contract Time shall be increased as <br /> provided in Subparagraph i4.3.2 of AIA Document AZoi-i9g7 except that the term"profit"shall be <br /> understood to mean the Contracior's Fee as described in Subparagraphs 5.i.2 and Paragraph 6.4 of ���� <br /> this Agreement. ' � <br /> c <br /> oo.�o0 <br /> 0 <br /> �1997 AIAB <br /> ARTICLE 14 MISCELLANEOUS PROVISIONS AIA DOCUMENT A111-1997 <br /> 14.1 Where reference is made in this Agreement to a provision AIA Document A2oi-igg7 or �WNER-CONTRACTOR <br /> another Contract Document,the reference refers to that provision as amended or supplemented AGREEMENT <br /> by other provisions of the Contract Documents. The a,merican institute <br /> of Architects <br /> 1735 New York Avenue, N.W. <br /> Washington,D.C.20006-5292 <br /> WARNING: Unlicensed photocopying violates U.S.copyright laws and will subject the violator to legal prosecution. <br />
The URL can be used to link to this page
Your browser does not support the video tag.