Boone Street Paving, Drainage, and Utility Reconstruction

Boone Street Paving, Drainage, and Utility Reconstruction Establish and remove offices, plants, and facilities. Move personnel, equipment, and suppliesto and from the project or the vicinity of the projectsite to begin work or complete work on contract items. Thisitem includesthe cost of bonds, insurance, any other costs notspecifically designated and called for in the contract bid proposal. Contractor and Owner recognize that time is of the essence as stated in Paragraph 4.01 above and that Owner will suffer financial loss if the Work is not completed within the times specified in Paragraph 4.02 above, plus any extensions thereof allowed in accordance with Article 12 of the General Conditions. The parties also recognize the delays, expense, and difficulties involved in proving in a legal or arbitration proceeding the actual loss suffered by Owner if the Work is not completed on time. Accordingly, instead of requiring any such proof, Owner and Contractor agree that as liquidated damages for delay (but not as a penalty), Contractor shall pay Owner $250.00 for each day that expires after the time specified in Paragraph 4.02 above for Substantial Completion until the Work is substantially complete. After Substantial Completion, if Contractor shall neglect, refuse, or fail to complete the remaining Work within the Contract Time or any proper extension thereof granted by Owner, Contractor shall pay Owner $250.00 for each day that expires after the time specified in Paragraph 4.02 above for completion and readiness for final payment until the Work is completed and ready for final payment.

Division 01 -	General Requirements, Vehicular Access and Parking, Traffic Control, Temporary Barriers and Enclosures.
Division 31 -	Earthwork, Erosion and Sedimentation Controls.
Division 32 -	Exterior Improvements, Flexible Paving, Asphalt Paving, Rigid Paving, Concrete Paving, Paving Specialties, Pavement Markings.
Division 33 -	Utilities, Storm Drainage Utilities, Ponds and Reservoirs, Storm Drainage Structures.