Common use of ABANDONMENT/ SUSPENSION OF PROJECT Clause in Contracts

ABANDONMENT/ SUSPENSION OF PROJECT. 5.2.1 The District has the absolute discretion to suspend or abandon all or any portion of the work on a Project and may do so upon fourteen (14) days written notice to the Construction Manager. Upon notice of suspension or abandonment, Construction Manager shall immediately discontinue any further action on the Project. If the entire work to be performed on a Project is abandoned, the parties shall each be relieved of the remaining executory obligations of the Agreement, as it relates to the Project, but shall not be relieved of any obligations arising prior to said abandonment. In the event the District abandons or suspends the work on the Project, there shall be due and payable within thirty (30) days following such abandonment or suspension compensation for all approved services performed and all approved expenses incurred pursuant to this Agreement supported by documentary evidence, including payroll records, and expense reports up until the date of the abandonment or postponement plus any sums due the Construction Manager for approved extra services.

Appears in 4 contracts

Samples: Master Agreement for Construction, Master Agreement for Construction, Agreement for Construction

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ABANDONMENT/ SUSPENSION OF PROJECT. 5.2.1 The District has the absolute discretion to suspend or abandon all or any portion of the work on a Project and may do so upon fourteen (14) days days’ written notice to the Construction Manager. Upon notice of suspension or abandonment, Construction Manager shall immediately discontinue any further action on the ProjectProject or Projects as applicable. If the entire work to be performed on a Project or all Projects is abandoned, the parties Parties shall each be relieved of the remaining executory obligations of the Agreement, as it relates to the Projectsubject Project or Projects, but shall not be relieved of any obligations arising prior to said abandonment. In the event the District abandons or suspends the work on the Projectan approved Project or all Projects as applicable, there shall be due and payable within thirty (30) days following such abandonment or suspension compensation for all approved services performed and all approved expenses Reimbursable Expenses incurred pursuant to this Agreement supported by documentary evidence, including including, but not limited to, payroll records, and expense reports up until the date of the abandonment or postponement plus any sums due the Construction Manager for approved extra services.

Appears in 1 contract

Samples: Master Agreement for Construction Management Services

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