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2000-301
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2000-301
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8/6/2024 10:53:52 AM
Creation date
8/6/2024 10:49:53 AM
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Official Documents
Official Document Type
Miscellaneous
Approved Date
10/03/2000
Control Number
2000-301
Agenda Item Number
11.H.1.
Entity Name
IRC Department of Utility ServicesDixie Heights Water Assessment
Tri-Sure Corp.
Subject
Dixie Heights Water Assessment Project
Bid No. 2062
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6706-060 <br />been paid, discharged, or waived. If CONTRACTuR falls to do so, then OWNER <br />may, after having served written notice on the said CONTRACTOR either pay <br />unpaid bllls, of which OWNER has written notice, direct, or withhold from the <br />CONTRACTOR's unpaid compensation a sum of money deemed reasonably <br />sufficient to pay any and all such lawful c l aims until satisfactory evidence Is <br />furnished that all llabillties have been fully dischtrged whereupon payment to <br />CONTRACTOR sha ll be resumed, in accordance with the terms of this Contract, <br />but In no event shall the provisions of this sentence be construed to Impose any <br />obligations upon OWNER to either CONTRACTO~ or his Surety. In paying any <br />unpaid bills of the CONTRACTOR, OWNER shall be deemed the agent of <br />CONTRACTOR and any payment so made by OWNER, shall be considered es <br />payment made under the Contract by OWNER to CONTRACTOR a nd OWNER shall <br />not be liable to CONTRACTOR for any such payment made in good fai th. <br />I <br />SC-14.4. <br />Add four new paragraphs Immediatel y after paragraph 14.4. of the General <br />Conditions which are to read as follows: <br />14.4.1. Should CONTRACTOR neglect to pay any undisputed c l aims, made In <br />writing to OWNER within thirty days after completion of the Work, but continuing <br />unsatisfied for a period of ninety days, OWNER may pay such c l aim and deduct the <br />amount thereof from the balance due CONTRACTOR. OWNER may also, with the <br />written consent of CONTRACTOR, use any moni',?S retained, due, or to become due <br />under this Contract for the purpose of paying for both labor and materials for the <br />Work, for which claims have not been filed. <br />14.4.2. Security is provided both by the Paymer.t Bond and the power of OWNER <br />to retain any monies for claims, but payment by one shall in no way impair or <br />discharge the liability of the other. <br />14.4.3. Any and all liens for work and materials may be paid off by OWNER within <br />a reasonable time after filing for record in accorcance with State and local laws, a <br />notice of such liens except where the claim on v:hich the lien is filed Is being <br />litigated by CONTRACTOR, and in such case OV.'NER may pay the amount of any <br />final judgment or decree or any such claim withi:l a reasonable time after such final <br />judgment or decree shall be rendr.red . <br />14.4.4. All monies paid by OWNER in settlement of liens as aforesaid, with the <br />costs and expenses incurred by OWNER in connection therewith, shall be charged <br />to CONTRACTOR, shall bear interest at tho rate of three percentage p<,lnts above <br />the rcdiscount rate then charged by the Federal ~eservo Ban~ and shall be <br />00800-17
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