Laserfiche WebLink
before the time set forth in this Agreement, damage will be sustained by City, and <br /> that it is and will be impracticable and extremely difficult to ascertain and determine <br /> � the actual damage which the City will sustain in event of and by reason of such <br /> delay; it is therefore agreed Contractor will pay to City the sum calculated at the <br /> . rate of Five Hundred and 00/100 Dollars ($500.00) per day as liquidated damages <br /> for each and every calendar day's delay in finishing the work in excess of the <br /> number of days prescribed, and Contractor agrees to pay said liquidated damages <br /> 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 <br /> this Agreement. <br /> It is further agreed that in case the work called for under this Agreement is not <br /> completed in all of its parts and requirements within the number of calendar days <br /> specified, City shall have the right to increase the number of calendar days or not, <br /> as may seem best to serve the interest of City; and if it is decided to increase the <br /> said number of calendar days, City shall further have the right to charge to <br /> Contractor, and deduct from the final payment for the work, all or any part, as City <br /> may deem proper, of the actual cost of engineering, inspection, superintendence, <br /> and other overhead expenses of City which are directly chargeable to this <br /> Agreement, except that the cost of final surveys and the preparation of the final <br /> estirnate shall not be included in such charges to be paid by Contractor. <br /> 6. Warranty for Work. Except as otherwise may be provided herein, Contractor <br /> hereby expressly guarantees for one (1) full year from the date of the final <br /> completion of the work under this Agreement and acceptance thereof by City's City <br /> Council, to repair or replace any part of the work perFormed hereunder which <br /> constitutes a defect resulting from the use of inferior or defective materials, <br /> equipment or workmanship. If, within said period, any repairs or replacements in <br /> connection with the work are, in the opinion of the Manager, Engineering and <br /> Construction, rendered necessary as a result of the use of inferior or defective <br /> materials, equipment or workmanship, Contractor agrees, upon receipt of notice <br /> from City, and without expense to City, to promptly repair or replace such material <br /> or workmanship and/or correct any and all defects therein. If Contractor, after such <br /> notice, fails to proceed promptly to comply with the terms of this guarantee, City <br /> may perForm the work necessary to effectuate such correction and recover the cost <br /> thereof from Contractor or his sureties. <br /> Any and all other special guarantees which may be applicable to definite parts of <br /> the work under this Agreement shall be considered as an additional guarantee and <br /> shall not reduce or limit the guarantee as provided by Contractor pursuant to this <br /> paragraph during the first year of the life of such guarantee. <br /> 7. Business License. Contractor will obtain and maintain a City of Redwood City <br /> Business License for the term of the Agreement, as may be amended from time-to- <br /> time. <br /> 8. Insurance and Indemnification. Contractor, at its sole cost and expense, shall <br /> acquire and maintain in full force and effect throughout the term of this Agreement <br /> Workers' Compensation, employer's liability, commercial general liability, and <br /> owned, non-owned and hired automobile liability insurance coverage relating to <br /> Contractor's Work to be performed hereunder covering City's risks in form subject <br /> to the approval of the City Attorney. The minimum amounts of coverage <br /> corresponding to the aforesaid categories of insurance per insurable event shall be <br /> as follows: <br /> 2 <br />