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<br />FXS:djv 05/l6/97 <br /> <br />(009/72) <br /> <br />City <br /> <br />fails <br /> <br />either <br /> <br />to <br /> <br />increase <br /> <br />the <br /> <br />FAP <br /> <br />or <br /> <br />to <br /> <br />terminate <br /> <br />this <br /> <br />Agreement without fault, within a reasonable time, CM/GC may give <br /> <br />written notice requiring City to make a decision as to whether <br /> <br />the FAP will be increased or the Agreement will be terminated. <br /> <br />If the City, within 15 days after receipt of such notice, <br /> <br />fails <br /> <br />to make such a decision, <br /> <br />then Contractor may cease performance <br /> <br />and terminate this Agreement without fault. <br /> <br />In the event of such <br /> <br />termination, <br /> <br />the <br /> <br />partiesl <br /> <br />rights <br /> <br />shall <br /> <br />be <br /> <br />determined <br /> <br />under <br /> <br />Paragraph l6(b) as if the City had terminated the Agreement <br /> <br />without fault. <br /> <br />CM/GC warrants that it has the present good faith <br /> <br />belief that the Project, <br /> <br />as herein described, <br /> <br />may and will be <br /> <br />completed for the Final Agreed Price. <br /> <br />(c) <br /> <br />Payment <br /> <br />to <br /> <br />Subcontractors. <br /> <br />Payments <br /> <br />to <br /> <br />Subcontractors shall be made by CM/GC out of the FAP funds and <br /> <br />shall be subject to the written approval by the City Engineer and <br /> <br />receipt by City of acceptable lien releases. <br /> <br />CM/GCls request for <br /> <br />payment <br /> <br />to <br /> <br />Subcontractors <br /> <br />shall <br /> <br />be made <br /> <br />monthly <br /> <br />and <br /> <br />shall <br /> <br />be <br /> <br />accompanied by acceptable documentary evidence of Subcontractorls <br /> <br />work in progress. <br /> <br />(d) Contingency Funds. At the time when the FAP is <br />established and is approved by the City, a reasonable and <br />mutually agreed portion of that FAP shall be allocated for <br />Contingencies, as defined below. The specific amount to be <br /> <br />allocated <br /> <br />for <br /> <br />Contingencies <br /> <br />shall <br /> <br />be <br /> <br />five <br /> <br />(5 ) <br /> <br />percent <br /> <br />of <br /> <br />the <br /> <br />Construction Cost. <br /> <br />For purposes of this Agreement, Contingencies <br /> <br />refer to costs and expenses: <br /> <br />resulting from minor discrepancies, <br /> <br />ambiguities, inaccuracies, or conflicts in plans, specifications, <br /> <br />5 <br />