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<br />PXS:d;l. 05/16/97 <br /> <br />(009/72) <br /> <br />as liquidated damages for each and every calendar day's unexcused <br /> <br />delay in substantially completing the construction of the Fire <br /> <br />Station <br /> <br />and <br /> <br />Maintenance <br /> <br />Facility <br /> <br />within <br /> <br />the <br /> <br />time <br /> <br />prescribed. <br /> <br />CM/GC shall have Two Hundred Porty-five <br /> <br />(245) <br /> <br />from the date of <br /> <br />the Fire Station Notice to Proceed with Construction to complete <br /> <br />substantially the Fire Station; Two Hundred Sixty (260) calendar <br /> <br />days from the date of the Maintenance Facility Notice to Proceed <br /> <br />to <br /> <br />complete <br /> <br />substantially <br /> <br />the <br /> <br />Maintenance <br /> <br />Facility; <br /> <br />and <br /> <br />Two <br /> <br />Hundred Sixty (260) calendar days from the date of the Water Tank <br /> <br />Notice <br /> <br />to <br /> <br />proceed <br /> <br />to <br /> <br />complete <br /> <br />substanially <br /> <br />the <br /> <br />Water <br /> <br />Tank <br /> <br />improvements, plus such additional days as are authorized under <br /> <br />this Agreement <br /> <br />for excusable delays. <br /> <br />Liquidated damages shall <br /> <br />apply <br /> <br />separately <br /> <br />to <br /> <br />delays <br /> <br />beyond <br /> <br />the <br /> <br />specified <br /> <br />time <br /> <br />of <br /> <br />completion <br /> <br />of <br /> <br />the <br /> <br />Fire <br /> <br />Station <br /> <br />and <br /> <br />the Maintenance <br /> <br />Facility, <br /> <br />respectively, <br /> <br />such <br /> <br />that <br /> <br />damages <br /> <br />shall <br /> <br />be <br /> <br />payable <br /> <br />for <br /> <br />delays <br /> <br />corresponding to construction of each. <br /> <br />CM/GC agrees to pay said <br /> <br />liquidated damages upon demand as herein provided, <br /> <br />and in case <br /> <br />the <br /> <br />same <br /> <br />are <br /> <br />not <br /> <br />paid, <br /> <br />agrees <br /> <br />that <br /> <br />City <br /> <br />may, <br /> <br />by <br /> <br />way <br /> <br />of <br /> <br />accommodation but not limitation, deduct the amount thereof from <br /> <br />any monies due or that may become due under this Agreement. <br /> <br />Time <br /> <br />is <br /> <br />of <br /> <br />the <br /> <br />essence <br /> <br />with <br /> <br />regard <br /> <br />to <br /> <br />both <br /> <br />partiesl <br /> <br />performance. <br /> <br />City agrees to render all decisions, responses, and <br /> <br />approvals <br /> <br />in a timely manner <br /> <br />so as <br /> <br />to avoid delay to CM/GC' s <br /> <br />work; and CM/GC agrees to execute same and perform all work and <br /> <br />services in a timely manner so as to avoid delay to City. <br /> <br />TERM; <br /> <br />TERMINATION. <br /> <br />(a) <br /> <br />The <br /> <br />term of this Agreement <br /> <br />16. <br /> <br />shall commence upon the date first hereinabove written and shall <br /> <br />II <br />