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PLEASANTON PERMIT CENTER REMODEL PROJECT <br /> PLEASANTON, CA <br /> 3. Precedence of Contract Documents <br /> In the event of a conflict between component parts of the Contract Documents, the document highest in <br /> precedence shall control. The precedence shall be as follows: <br /> 1. Agreement, as amended by contract change orders. <br /> 2. All Bidding Documents, as amended by Addenda. <br /> 3. General Provisions. <br /> 4. Drawings as prepared by Architect <br /> 5. Special Provisions. <br /> 6. City Standard Specifications. <br /> 4. Addendums <br /> The following addendums are incorporated into the Contract Documents: <br /> No. Date of Issue: <br /> NONE <br /> 5. Contract Term <br /> City shall issue a Notice to Proceed that identifies the date on which the Contract shall commence, and <br /> this date may be referred to as the "Contract Commencement Date." Contractor is authorized to <br /> commence Work on the Contract Commencement Date, and Contractor shall commence the Work no <br /> later than fifteen (15) days after the Contract Commencement Date. The Work shall be diligently <br /> prosecuted and all of the Work shall be completed within 60 calendar days (2 MONTHS). <br /> 6. Time is of the Essence Liquidated Damages <br /> City and Contractor recognize that time is of the essence in this Agreement and that City will suffer financial <br /> loss in the form of contract administration expenses and loss of program revenue, if Work is not completed <br /> within the time specified above, plus any extensions thereof allowed in accordance with the Contract <br /> Documents. Consistent with paragraph 15 of Document 00700 General Conditions, City and Contractor <br /> agree that because of the nature of the Project, it would be impractical or extremely difficult to fix the <br /> amount of actual damages incurred by City because of a delay in completion of the Work. Accordingly, City <br /> and Contractor agree that as liquidated damages for delay, Contractor shall pay City: <br /> $1000.00 for each day that expires after the time specified herein for Contractor to achieve Substantial <br /> Completion, until the Work achieves Substantial Completion; and, <br /> $500.00 for each day that expires after the time specified herein for Contractor to achieve Final Completion, <br /> until the Work achieves Final Completion. <br /> These measures of liquidated damages shall apply cumulatively and, except as provided below, shall be <br /> presumed to be the damages suffered by City resulting from delay in completion of the Work. <br /> AGREEMENT <br /> 00520 Page 2 of 5 <br />