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construction . <br /> 4 . Locate all existing utilities in the area of work. <br /> 5 . Submit and secure approval of shop drawings . <br /> 6 . Mobilize all labor, equipment , and materials . <br /> 7 . Deliver and store all equipment and materials to the job site . <br /> Be Notify all utilities and other affected parties prior to initiating construction . <br /> ( b ) From 0 calendar days to 240 calendar days from the effective date of Notice <br /> to <br /> Proceed , the CONTRACTOR shall complete the following tasks : <br /> 1 . Install all pipe and appurtenant items . <br /> 2 . Perform all testing . <br /> 3 . Restore all disturbed areas to their pre -construction condition . <br /> 4 . Correct all deficiencies noted by Engineer. <br /> Completion of all tasks outlined above ( i . e . , Subparagraphs a ) and b ) constitutes <br /> Substantial Completion . <br /> (c) From 241 calendar days to 270 calendar days from the effective date of <br /> Notice to Proceed , the CONTRACTOR shall complete the following tasks : <br /> 1 . Clean up project area . <br /> 2 . Remove all equipment and material from project site . <br /> 3 . Perform contract closeout procedures . <br /> 3 . 2 . Completion of all tasks outlined above ( i . e . , Subparagraphs a , b , and c) constitute Final <br /> Completion , <br /> 3 . 3 Liquidated Damages . OWNER and CONTRACTOR recognize that time is of the essence <br /> of this Agreement and that OWNER will suffer financial loss if the work is not completed within the <br /> times specified in Paragraph 3 . 1 above , plus any extensions thereof allowed in accordance with <br /> Article 12 of the General Conditions . They also recognize the delays, expense and difficulties <br /> involved in proving in a legal proceeding the actual loss suffered by OWNER if the work <br /> is not <br /> completed on time . Accordingly, instead of requiring any such proof, OWNER and CONTRACTOR <br /> agree that as liquidated damages for delay ( but not as a penalty) CONTRACTOR shall pay OWNER <br /> four hundred fifty dollars ($450) for each day that expires after the time specified in Paragraph 3 . 1 for <br /> Substantial Completion , if CONTRACTOR shall neglect, refuse or fail to complete the remaining work <br /> within the Contract Time or any proper extension thereof granted by OWNER , CONTRACTOR shall <br /> pay OWNER four hundred fifty dollars ($450 ) for each day that expires after the time specified <br />in <br /> Paragraph 3 . 1 for completion and readiness for final payment. <br /> ARTICLE 4 CONTRACT PRICE <br /> 4 . 1 . OWNER shall pay CONTRACTOR for completion of the work in accordance with the <br /> Contract Documents in current funds in the amount of $ 2 , 362 , 873 . 43 <br /> ARTICLE 5 PAYMENT PROCEDURES <br /> 5 . 1 , General . CONTRACTOR shall submit Applications for Payment in accordance with <br /> Article 14 of the General Conditions . Applications for Payment will be processed by ENGINEER as <br /> provided in the General Conditions and the Contract Documents . <br /> • <br /> 00530 -2 <br />