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Phase I : Includes the following work to the " Little League Field " ; removal of a " lip" at the edge of the infield and existing grass , and filling in a dip in the outfield . Fill- in will be with 4" thick clay material and will create an extended infield area . Phase I will begin on December 18 . 2013 and will be complete no later than January 8 . 2014. (20 calendar days ) (Work and time suspended from January 9 , 2014 through January 26 , 2014) Phase II : Includes all work on the " Football Field and "Senior Softball Field " and the installation of the new light poles along the drive . This work will commence on January 27 , 2014 and will be ready for final completion August 27 , 2014. (210 calendar days . ) Phase III : Includes the work on the " Little League Field " including removal of existing outfield fence . Phase III work will commence on June 30 , 2014 and shall be finished and ready for play on October 31 , 2014 . ( 122 calendar days ) 4 . 03 Liquidated Damages A. CONTRACTOR and OWNER recognize that time is of the essence of this Agreement and that OWNER will suffer financial loss if the Work is not completed within the times specified in paragraph 4 . 02 above , plus any extensions thereof allowed in accordance with Article 12 of the General Conditions . Liquidated damages will commence for this portion of work . The parties also recognize the delays , expense , and difficulties involved in proving in a legal proceeding the actual loss suffered by OWNER if the Work is not completed on time . Accordingly , instead of requiring any such proof, OWNER and CONTRACTOR agree that as liquidated damages for delay ( but not as a penalty) , CONTRACTOR shall pay OWNER 278 .00 for each calendar day that expires after the time specified in paragraph 4 . 02 . ARTICLE 5 = CONTRACT PRICE 5 . 01 OWNER shall pay CONTRACTOR for completion of the Work in accordance with the Contract Documents , an amount in current funds equal to the sum of the amounts determined pursuant to paragraph 5 . 01 . A and summarized in paragraph 5 . 01 . 13 , below : A . For all Work , at the prices stated in CONTRACTOR 's Bid , attached hereto as an exhibit . B . THE CONTRACT SUM subject to additions and deductions provided in the Contract : : Numerical Amount : $ Written Amount : ARTICLE 6 - PAYMENT PROCEDURES 6 . 01 Submittal and Processing of Payments 00520 - Agreement (Public Works) REV 04-07 00520 - 3 F:\Purchasing\Bids\2013-2014 FY (2014000)\2014015 Gifford Park Ballfields\00520 - Agreement (Public Works) REV 04-07. doc