2000-310 - Laserfiche WebLink

Home Browse Search

In lieu of the Bonds, the Contractor may famish an alternative form of security in the form ofcash, money order, certified check, cashiers check, irrevocable letter oferedit or a security y as listed in Part 11 of F.S. Chapter 625. Any such alternative form of security shall be for the i same purpose, and be for the same amount and subject to the same conditions as those applicable to the bond otherwise required. The determination of the value of an alternative form of security shall be made by the owner. Such Bonds shall continue in effect for one (1) year after completion and acceptance of the work. r •.11 1 a KOM A. If, in the opinion of the Owner, the Contractor shall be improperly performing said work, or shall neglect or refuse to remove and/or re -build such work as shall have been rejected by the Engineer as being defective or unsuitable, or if at any time the Owner shall be of the opinion that the said work is being unnecessarily delayed and will not be finished within the prescribed time, they shall notify the Contractor in writing, and if the Contractor shall not within ten (10) calendar days thereafter, take such measures as will, in the judgement of the Owner, insets, satisfactory per- formance, construction, end completion of the work, the Owner may notify the Contractor to discontinue all work under this Contract. The Contractor shall immediately respect said notice and stop said work and cease to have any rights in the possession of the ground and shall forfeit his Contract. The Owner may thereupon advertise and let a contract for the uncompleted work in the same manner as was followed in the letting of this Contract and charge the cost thereof to the original Contractor upon his Contract; any excess of cost arising therefrom over and above the original Contract price shall be charged against the original Contractor and his surety or sureties who shall be liable therefore. B. If the Contractor shall assign this Contract or any money seeming thereon or approval thereon, or abandon the work or is adjudged a bankrupt, or if he makes a general assignment for the benefit of his creditors, or if a trustee or receiver is appointed for the contractor or for any ofhis property, or ifhe shall refuse or neglect to comply with the instructions ofthe Owner or Engineer relative thereto, or shall in any manner fail to comply with the Specifications and stipulations herein contained, The Owner shall have the right to annul and cancel this Contract and proceed to advertise and m.let a contract for the unfinished work, and such annulment shall not entitle the Contractor to any claim for damages on account thereof, nor shall it affect the right of the Owner to recover damages on account ofsuch failure. 24. PROTPCTrON OF PI MMC: A. The Contractor shay eruct and maintain barricades and sufficient safeguards wound all excavation, embankments or abstractions; he shall place sufficient amber lights L at or now the work, keep the same burning from sunset to sunrise,. employ watchmen and strictly obey all laws and ordinances controlling or limiting those engaged on similar work. All maintenance of traffic work shall comply with Section 102 and GC -10 L