Laserfiche WebLink
February 22, 1993 <br /> 10. LIQUIDATED DAMAGES <br /> If the CONTRACTOR shall neglect, fail or refuse to complete the work within the time <br /> agreed upon in this purchase order contract or any extension thereof, the CONTRACTOR <br /> shall be liable to the OWNER in the amount specified the Special Conditions for this <br /> project for each and every calendar day the completion of the work is delayed beyond the <br /> time provided in this purchase order contract, as fixed and agreed liquidated damages and <br /> not as a penalty. If the OWNER terminates the CONTRACTOR'S right to proceed, the <br /> resulting damage will consist of liquidated damages until such reasonable time as may be <br /> required for final completion of the work along with any increased costs incurred by the <br /> OWNER in completing the work. If the OWNER does not terminate the <br /> CONTRACTOR'S right to proceed, the resulting damage will consist of liquidated damages <br /> until the work is completed or accepted. <br /> The OWNER shall have the right to deduct from and retain out of monies which may be <br /> due or which may become due and payable to the CONTRACTOR, the amount of such <br /> liquidated damages; and if the amount so retained by the OWNER is insufficient to pay in <br /> full such liquidated damages, the CONTRACTOR shall pay to the OWNER the amount <br /> necessary to effect payment in full of such liquidated damages. <br /> 11. PLANS AND WORKING DRAWINGS <br /> The drawings if any, included with this specification are complete and adequate for <br /> construction. While every effort has been made to have the plans and drawings free of <br /> errors and ambiguities, any such points must be brought to OWNER'S attention <br /> immediately. <br /> 12. JOB PROGRESS REPORTS <br /> The CONTRACTOR will be required to properly complete weekly or daily progress reports, <br /> forms for which will be provided by the PROJECT MANAGER. Completed reports must <br /> be submitted to the PROJECT MANAGER prior to or at the time of requests for payment. <br /> Payment requests will not be processed until progress reports corresponding to the payment <br /> period are received. <br /> 13. LABOR, MATERIAL AND WAGES <br /> Title 8-17-101, C.R.S., as amended is applicable to this purchase order contract and reads, <br /> "Colorado labor shall be employed to perform the work to the extent of not less than eighty <br /> percent of each type or class of labor in the several classifications of skilled and common <br /> labor employed on such project or public works. The term, "Colorado labor, as used in this <br /> article means any person who has been a bona fide resident of the State of Colorado for a <br /> period of not less than one year, without discrimination as to race, color, creed or religion." <br /> Title 8-19-101 to 103 C.R.S. as amended is applicable to this purchase order contract and <br /> reads. "A resident bidder shall be allowed preference against a nonresident bidder from a <br /> state or foreign country equal to the preference given or required by the state or foreign <br /> country in which the nonresident bidder is a resident." <br /> 24 <br />