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Contract #35822 <br />TERM; WITHDRAWAL OF OFFER <br />(a) The term of this Agreement is from the date upon which the last party has dated and executed the <br />same ("Effective Date") until September 30, 2022 ("Completion Date"). Recipient shall not <br />commence the Project until any required submittals are received and approved. Time is of the <br />essence for every aspect of this Agreement, including any time extensions. Any request for an <br />extension of time beyond the Completion Date must be made before July 1, 2022. Timely <br />requests to extend, for longer than six months, the Completion Date of the Agreement for projects <br />whose District contribution exceeds $100,000 may only be approved by the District's Governing <br />Board. Notwithstanding specific mention that certain provisions survive termination or expiration <br />of this Agreement, all provisions of this Agreement that by their nature extend beyond the <br />Completion Date survive termination or expiration hereof (e.g., delivery of a final report, will <br />remain in full force and effect after the Completion Date as necessary to effect performance). <br />(b) This Agreement constitutes an offer until authorized, signed and returned to the District by <br />Recipient. This offer terminates 90 days after receipt by Recipient; provided, however, that <br />Recipient may submit a written request for extension of this time limit to the District's Project <br />Manager, stating the reason(s) therefor. Request for extension of time after the 90 days will be <br />denied. The Project Manager shall notify Recipient in writing if an extension is granted or denied. <br />If granted, this Agreement shall be deemed modified accordingly without any further action by <br />the parties. <br />(c) If the construction project, or the conservation project, which is eligible for District <br />reimbursement, does not begin before June 30, 2021, the cost -share agreement will be subject to <br />termination and the funds subject to reallocation. <br />DELIVERABLES. Recipient shall fully implement the Project, as described in the Statement of <br />Work, Attachment A. Recipient is responsible for the professional quality, technical accuracy, and <br />timely completion of the Project. Both workmanship and materials shall be of good quality. Unless <br />otherwise specifically provided for herein, Recipient shall provide and pay for all materials, labor, <br />and other facilities and equipment necessary to complete the Project. The District's Project Manager <br />shall make a final acceptance inspection of the Project when completed and finished in all respects. <br />Upon satisfactory completion of the Project, the District will provide Recipient a written statement <br />indicating that the Project has been completed in accordance with this Agreement. Acceptance of the <br />final payment by Recipient shall constitute a release in full of all claims against the District arising <br />from or by reason of this Agreement. <br />3. OWNERSHIP OF DELIVERABLES. Unless otherwise provided herein, the District does not <br />assert an ownership interest in any of the deliverables under this Agreement. <br />4. AMOUNT OF FUNDING. <br />(a) For satisfactory completion of the Project, the District shall pay Recipient 33% of the total <br />estimated construction cost of the Project, but in no event shall the District cost -share exceed <br />$1,346,517. The District cost -share is not subject to modification based upon price escalation in <br />implementing the Project during the term of this Agreement. Recipient shall be responsible for <br />payment of all costs necessary to ensure completion of the Project. Recipient shall notify the <br />District's Project Manager in writing upon receipt of any additional external funding for the <br />Project not disclosed prior to execution of this Agreement. <br />(b) "Construction cost" is defined to include actual costs of constructing Project facilities, including <br />construction management. Land acquisition, engineering design, permitting, and solicitation <br />costs are excluded. Construction cost does not include any costs incurred prior to the Effective <br />Date, unless expressly authorized by the Statement of Work. Costs that are excluded will not be <br />credited toward Recipient's cost -share. <br />SVA <br />