2022-05-15_GENERAL DOCUMENTS - M1981286

• Permit No: M1981286
• IBM Index Class Name: General Documents
• Doc Date: 5/15/2022
• Doc Name Note: Thomas Gravel Pit #4
• Doc Name: IMP Closeout Files
• From: DRMS
• To: DRMS
• Media Type: D
• Archive: No

The PROJECT MANAGER or the Principal Representative may hold, or, on account of
subsequently discovered evidence, nullify the whole or any part of any invoice on account of:
(a) Defective work not remedied;
(b) Claims filed or reasonable evidence indicating probable filing of claims;
(c) Failure of the CONTRACTOR to make payment to subcontractors or for material or
labor;
(d) A reasonable doubt that the Contract can be completed for the balance of the
contract price then unpaid;
(e) Damage to another CONTRACTOR;
(f) Failure to obtain necessary permits or licenses or to comply with applicable laws,
ordinances, codes, rules or regulations;
(g) Failure to submit weekly progress reports;
(h) Failure of the CONTRACTOR to keep his work progressing in accordance with his
time schedule;
(i) Failure to keep a superintendent on the work;
0) Unauthorized deviations by the CONTRACTOR from the Contract Documents.
When the grounds for such withholding or nullifying are removed, payment shall be made for the
amounts withheld.
If the Principal Representative deems inexpedient the correction of damaged work or of work not
performed in accordance with the contract, equitable reduction of contract price shall be made.
Article 48. FINAL INSPECTION
The Principal Representative shall make final inspection of the project to determine whether the
work has been completed in accordance with the Contract Documents. A final punch list shall be
made by the Principal Representative on the Final Inspection and Certificate of Completion form in
sufficient detail to fully outline to the CONTRACTOR:
a) Work to be completed, if any;
b) Work not in compliance with the drawings or specifications, if any;
c) Unsatisfactory work for any reason, if any.
If any punch-list results from the final inspection, the CONTRACTOR shall promptly rectify all items
on it.
Article 49. FINAL INSPECTION AND CERTIFICATE OF COMPLETION
The Final Inspection and Certificate of Completion shall establish the completion date of the
project.
Article 50. SETTLEMENT
The Principal Representative shall not authorize final payment until all items on the punch list have
been completed, the Final Inspection and Certificate of Completion issued, and the Notice of
CONTRACTOR'S Settlement published. Before the Principal Representative may advertise, the
CONTRACTOR shall deliver the Principal Representative all guaranties and warranties, and daily
or weekly Job Logs.
When the Principal Representative indicates acceptance of the work, the CONTRACTOR may
requisition final payment, including retainage, on account of the contract price.
Colorado Division of Reclamation, Mining and Safety
Page 19 of 21 Pages
Revised: 9/17/2019