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<br />FXS:djk 03/30/99 <br />F: SharedIReu wood/Council! Agmt - 250 <br /> <br />(i) In accordance with the provisions of Section 1727 of the California Labor Code, City, <br />before making payment to Contractor of money due under a contract for public works, <br />shall withhold and retain therefrom all amounts which have been forfeited pu rsuant to <br />any stipulation in the Contract, and the terms of Chapter 1, Part 7, Division 2 of the <br />California Labor Code (commencing with Section 1720). But no sum shall be <br />withheld, retained or forfeited, except from the final payment, without a full <br />investigation by either the Division of Labor Law Enforcement or by City. <br /> <br />5. It is hereby agreed by the parties to the Agreement that in case all work called for under <br />the Agreement is not finished or completed on or before the time set forth in this <br />Agreement, damage will be sustained by City, and that it is and will be impracticable and <br />extremely difficult to ascertain and determine the actual damage which the City will <br />sustain in event of and by reason of such delay; it is therefore agreed Contractor will pay <br />to City the sum calculated at the rate of Two Hundred and No/100 dollars ($200.00) per <br />day as liquidated damages for each and every calendar day's delay in finishing the work <br />in excess of the number of days prescribed, and Contractor agrees to pay said liquidated <br />damages as herein provided, and in case the same are not paid, agrees that City may <br />deduct the amount thereof from any monies due or that may become due under this <br />Agreement. <br /> <br />It is further agreed that in case the work called for under this Agreement is not completed <br />in all of its parts and requirements within the number of calendar days specified, City <br />shall have the right to increase the number of calendar days or not, as may seem best to <br />serve the interest of City; and if it is decided to increase the said number of calendar <br />days, City shall further have the right to charge to Contractor, and deduct from the final <br />payment for the work, all or any part, as City may deem proper, of the actual cost of <br />engineering, inspection, superintendence, and other overhead expenses of City which <br />are directly chargeable to this Agreement, except that the cost of final surveys and the <br />preparation of the final estimate shall not be included in such charges to be paid by <br />Contractor. <br /> <br />6. Except as otherwise may be provided herein, Contractor hereby expressly guarantees for <br />one (1) full year from the date of the final completion of the work under this Agreement <br />and acceptance thereof by City's City Council, to repair or replace any part of the work <br />performed hereunder which constitutes a defect resulting from the use of inferior or <br />defective materials, equipment or workmanship. If, within said period, any repairs or <br />replacements in connection with the work are, in the opinion of the City Engineer, <br />rendered necessary as a result of the use of inferior or defective materials, equi pment or <br />workmanship, Contractor agrees, upon receipt of notice from City, and without expense <br />to City, to promptly repair or replace such material or workmanship and/or co rrect any <br />and all defects therein. If Contractor, after such notice, fails to proceed promptly to <br />comply with the terms of this guarantee, City may perform the work necessary to <br />effectuate such correction and recover the cost thereof from Contractor or his sureties. <br /> <br />Any and all other special guarantees which may be applicable to definite parts of the <br />work under this Agreement shall be considered as an additional guarantee and shall not <br />reduce or limit the guarantee as provided by Contractor pursuant to this paragraph during <br />the first year of the life of such guarantee. <br /> <br />7. Contractor hereby agrees to indemnify and save harmless City, its Council, officers, <br />boards, commissions, agents and employees of and from any and all claims, suits or <br />actions of every name, kind and description which may be brought against City, its <br />Council, officers, boards, commissions, agents, or employees by reason of any injury to <br /> <br />4 <br />