Laserfiche WebLink
2021034 RFP for Library Meeting Room AV Upgrades <br />Vero Beach, FL 32960 <br />C. Failure of the Contractor to comply with these requirements shall be a material breach of this Agreement. <br />ARTICLE 10 —TERMINATION OF CONTRACT <br />A. The occurrence of any of the following shall constitute a default by CONTRACTOR and shall provide the <br />OWNER with a right to terminate this Contract in accordance with this Article, in addition to pursuing any <br />other remedies which the OWNER may have under this Contract or under law: <br />(1) if in the OWNER's opinion CONTRACTOR is improperly performing work or violating any <br />provision(s) of the Contract Documents; <br />(2) if CONTRACTOR neglects or refuses to correct defective work or replace defective parts or <br />equipment, as directed by the Engineer pursuant to an inspection; <br />(3) if in the OWNER's opinion CONTRACTOR's work is being unnecessarily delayed and will not be <br />finished within the prescribed time; <br />(4) if CONTRACTOR assigns this Contract or any money accruing thereon or approved thereon; or <br />(5) if CONTRACTOR abandons the work, is adjudged bankrupt, or if he makes a general assignment <br />for the benefit of his creditors, or if a trustee or receiver is appointed for CONTRACTOR or for any of his <br />property. <br />B. OWNER shall, before terminating the Contract for any of the foregoing reasons, notify CONTRACTOR in <br />writing of the grounds for termination and provide CONTRACTOR with ten (10) calendar days to cure the <br />default to the reasonable satisfaction of the OWNER. <br />C. If the CONTRACTOR fails to correct or cure within the time provided in the preceding Sub -Article B, OWNER <br />may terminate this Contract by notifying CONTRACTOR in writing. Upon receiving such notification, <br />CONTRACTOR shall immediately cease all work hereunder and shall forfeit any further right to possess <br />or occupy the site or any materials thereon; provided, however, that the OWNER may authorize <br />CONTRACTOR to restore any work sites. <br />D. The CONTRACTOR shall be liable for: <br />(1) any new cost incurred by the OWNER in soliciting bids or proposals for and letting a new contract; <br />and <br />(2) the difference between the cost of completing the new contract and the cost of completing this <br />Contract; <br />(3) any court costs and attorney's fees associated with any lawsuit undertaken by OWNER to enforce its <br />rights herein. <br />E. TERMINATION FOR CONVENIENCE: OWNER may at any time and for any reason terminate CONTRACTOR's <br />services and work for OWNER's convenience. Upon receipt of notice of such termination CONTRACTOR <br />shall, unless the notice directs otherwise, immediately discontinue the work and immediately cease <br />ordering of any materials, labor, equipment, facilities, or supplies in connection with the performance of <br />this Contract. Upon such termination Contractor shall be entitled to payment only as follows: <br />(1) the portion of the items detailed on Exhibit 1 completed; plus, <br />(2) the price of materials procured by CONTRACTOR for OWNER and not yet installed, which will be <br />transferred to OWNER; plus, <br />