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als or equipment or failure to adhere to the progress then existing or which may thereafter accrue . Any retention <br /> schedule established under paragraph 2 . 07 as or payment of moneys due CONTRACTOR by OWNER <br /> adjusted from time to time pursuant to paragraph will not release CONTRACTOR from liability. <br /> 6 . 04) ; <br /> A new Paragraph 15.02 .D has been added. See the <br /> 2 . CONTRACTOR's disregard of Laws or Supplementary Conditions. <br /> Regulations of any public body having jurisdiction; <br /> 15 . 03 OWNER May Terminate For Convenience <br /> 3 . CONTRACTOR ' s disregard of the <br /> authority of ENGINEER; or A. Upon seven days written notice to CON- <br /> TRACTOR and ENGINEER, OWNER may, without cause <br /> 4 . CONTRACTOR ' s violation in any and without prejudice to any other right or remedy of <br /> substantial way of any provisions of the Contract OWNER, elect to terminate the Contract. In such case, <br /> Documents . CONTRACTOR shall be paid (without duplication of any <br /> items) : <br /> New Paragraphs 15.02 .A.5 and 15.02 .A.6 have been <br /> added. Seethe Supplementary Conditions. 1 . for completed and acceptable Work <br /> executed in accordance with the Contract Docu- <br /> The third sentence of Paragraph 15.02 .B has been ments prior to the effective date of <br /> termination, <br /> deleted and replaced with a new sentence. See the including fair and reasonable sums for overhead and <br /> Supplementary Conditions. profit on such Work; <br /> B . If one or more of the events identified in paragraph <br /> 15 .02 .A occur, OWNER may, after giving CONTRACTOR 2 . for expenses sustained prior to the <br /> (and the surety, if any) seven days written notice, terminate effective date of termination in performing services <br /> the services of CONTRACTOR, exclude CONTRACTOR and furnishing labor, materials, or equipment as re- <br /> from the Site, and take possession of the Work and of all quired by the Contract Documents in connection <br /> CONTRACTOR' s tools, appliances, construction equip- with uncompleted Work, plus fair and reasonable <br /> ment, and machinery at the Site, and use the same to the full sums for overhead and profit on such expenses ; <br /> extent they could be used by CONTRACTOR (without <br /> liability to CONTRACTOR for trespass or conversion), Paragraph 15.03 .A3 has been deleted in its entirety. <br /> incorporate in the Work all materials and equipment stored 3 . feF all elakvpz, sests, losses, and damages <br /> at the Site or for which OWNER has paid CONTRACTOR (ineluding m.. .+ not , 4rd4ed to n fees ah br <br /> but which are stored elsewhere, and finish the Work as engineers, arshiteets, attorneys, and other <br /> OWNER may deem expedient. In such case, of.. ..ian s a all eata4 m i+- + or- +, <br /> CONTRACTOR shall not be entitled to receive any further dispute resolution eests) ineuNed in set4lement r <br /> payment until the Work is finished. <br /> the—Centrast Priee—exeeeds all elainis,—BOAS.losses,and and ethers ; and <br /> daffmges (ineluding but not !Lmited to all fees and ehafges--of <br /> , 4 . for reasonable expenses directly <br /> attributable to termination. <br /> sustained byQW1hMR arising—eat of or- relating 4e <br /> eemple6ng —the—Werls—sueh a-meess—Pill--be—paid te B . CONTRACTOR shall not be paid on account of <br /> GQrPoAGTOR. If such claims, costs, losses, and loss of anticipated profits or revenue or other economic loss <br /> damages exceed such unpaid balance, CONTRACTOR arising out of or resulting from such termination. <br /> shall pay the difference to OWNER. Such claims, costs, <br /> losses, and damages incurred by OWNER will be reviewed 15 . 04 CONTRACTOR May Stop Work or Terminate <br /> by ENGINEER as to their reasonableness and, when so <br /> approved by ENGINEER, incorporated in a Change Order. Parts of Paragraph 15.04 have been deleted . <br /> When exercising any rights or remedies under this A. If, through no act or fault of CONTRACTOR, the <br /> paragraph OWNER shall not be required to obtain the Work is suspended for more than 90 consecutive days <br /> by <br /> lowest price for the Work performed. OWNER or under an order of court or other public <br /> authority, or ENGINEER fails to act on any Application for <br /> C. Where CONTRACTOR ' s services have been so Payment within 30 days after it is submitted, or- ^moi M <br /> • terminated by OWNER, the termination will not affect any fails frr 30 daTTto pay—Cnr��GQR any sum finally <br /> rights or remedies of OWNER against CONTRACTOR determined to be due; then CONTRACTOR may, upon <br /> IRC OPERATIONS COMPLEX 00700 - Standard General Conditions of the Construction Contract <br /> 00700 -44 <br />