Asphalt Overlay of CDC Roads - Clark Freeport Zone

TABLE OF CONTENTS1. DEFINITIONS ....................................................................................422. INTERPRETATION ............................................................................443. GOVERNING LANGUAGE AND LAW .............................................454. COMMUNICATIONS .........................................................................455. POSSESSION OF SITE .....................................................................456. THE CONTRACTOR’S OBLIGATIONS............................................457. PERFORMANCE SECURITY.............................................................488. SUBCONTRACTING ..........................................................................499. LIQUIDATED DAMAGES ..................................................................4910.SITE INVESTIGATION REPORTS ..................................................5011.THE PROCURING ENTITY, LICENSES AND PERMITS..............5012.CONTRACTOR’S RISK AND WARRANTY SECURITY ................5013.LIABILITY OF THE CONTRACTOR ................................................5314.PROCURING ENTITY’S RISK .........................................................5315.INSURANCE .......................................................................................5316.TERMINATION FOR DEFAULT OF CONTRACTOR .....................5517.TERMINATION FOR DEFAULT OF PROCURING ENTITY.........5618.TERMINATION FOR OTHER CAUSES ...........................................5619.PROCEDURES FOR TERMINATION OF CONTRACTS................5820.FORCE MAJEURE, RELEASE FROM PERFORMANCE .................6021.RESOLUTION OF DISPUTES ..........................................................6122.SUSPENSION OF LOAN, CREDIT, GRANT, ORAPPROPRIATION..............................................................................6223.PROCURING ENTITY’S REPRESENTATIVE’S DECISIONS ......6224. APPROVAL OF DRAWINGS AND TEMPORARY WORKS BY THE PROCURING ENTITY’SREPRESENTATIVE .......................................................................................................... 6225. ACCELERATION AND DELAYS ORDERED BY THE PROCURING ENTITY’SREPRESENTATIVE .......................................................................................................... 6326.EXTENSION OF THE INTENDED COMPLETION DATE..............6327.RIGHT TO VARY................................................................................6340Clark Development CorporationSection IV General Conditions of the ContractAsphalt Overlay of CDC Roads