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Financial- Precision Industrial
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Last modified
9/19/2012 3:30:32 PM
Creation date
9/6/2011 3:56:55 PM
Metadata
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Building
RecordID
10218
Title
Financial- Precision Industrial
Company
Marion County
BLDG Date
10/9/1997
Building
Courthouse Square
BLDG Document Type
Finance
Project ID
CS9801 Courthouse Square Construction
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If, after termination for failure to fulfill contract obligations, it is determined that the Contractor was <br />not in default, the rights and obligations of the parties shall be the same as if the termination had been <br />issued for the convenience of the Recipient. <br />j. Tcrmination for Convenience of Default (Cost-Type Contracts) The Recipient may terminate tliis <br />contract, or any poRion of it, by serving a notice or tecmination on the Contractor. The notice shall <br />state whether the termination is for convenience of the Recipient or for the default of the Cont~actor. <br />If the termination is for default, the notice shall state the manner in which the Contractor has failed to <br />perform the requirements of the contract. The Contractor shall account for any property in its <br />possession paid for from funds received from the Recipient, or propecty supplied to the Contractor <br />by the Recipient. If the termination is for default, the Recipient may fix the fee, if the contract <br />provides for a fee, to be paid the Contractor in proportion to the value, if any, of work performed up <br />to the time of termination. The Contractor shall promptly submit its termination claim to the <br />Recipient and the parties shall negotiate the termination settlement to be paid the Contractor. <br />If the termination is for the convenience of the Recipient, the Contractor shall be paid its contract <br />close-out costs, and a fee, if the contract provided for payment of a fee, in proportion to the work <br />performed up to the time of termination. <br />If, after secving a notice of termination for default, the Recipient determines that the Contractor has <br />an excusable reason for not performing, such as strike, fi~e, flood, events which are not the fault of <br />and are beyond the control of the Cont~actor, the Recipient, after setting up a new work schedule, <br />may allow the Contractor to continue work, or treat the tecmination as a termination for convenience. <br />Dispute Resolution <br />Disputes - Disputes arising in the performance of this Contract which are not resolved by agreement <br />of the parties shall be decided in writing by the authocized represen[ative of RecipienPs Contract <br />Officer. This decision shall be final and conclusive unless within ten (10) days from the date of <br />receipt of its copy, the Contractor mails or otlierwise furnishes a w[itten appeal to the General <br />Manager. In connection with any such appeal, the Contractor shall be afforded an opportunity to be <br />heard and to offer evidence in support of its position. The decision of the Genexal Manage~ shall be <br />binding upon the Contractor and the Contractor shall abide be the decision. <br />Performance During Dispute - Unless othecwise directed by Recipient, Contractor shall continue <br />performance under this Contract while matters in dispute are being resolved. <br />Claims for Damages - Should either party to the Contract suffer injury or damage to person or <br />property because of any act or omission of the pady or of any of his employees, agents or others for <br />whose acts he is legally liable, a claim for damages therefor shall be made in writmg ro such other <br />party within a reasonable time after the first observance of such injury of damage. <br />Remedies - Unless Ihis contract provides othecwise, all claims, counterclaims, disputes and other <br />matters in question between the Recipient and the Contractor arising out of or relating to this <br />agreement or its bceach will be decided by arbitration if the parties mutually agree, or in a court of <br />competent jurisdiction within the State in which the Recipient is located. <br />Rights and Remedies - The duties and obligations imposed by the Contract Documents and the rights <br />and remedies available thereunder shall be in addition to and not a limitation of any duties, <br />obligations, rights and remedies otherwise imposed or available by law. No action or failure to act by <br />the Recipient, Architect or Cont~actor shall constitute a waiver of any righ[ or duty afforded any of <br />them under the Contrac[, nor shall any such action or failure to act constitute an approval of or <br />acquiescence in any breach thereunder, except as may be specifically agreed in writing. <br />Addendum, FPA Contract Requirements <br />Page - 21 <br />0318971157 <br />
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