Common use of Acceptance of Assigned Contracts Clause in Contracts

Acceptance of Assigned Contracts. The Contractor hereby accepts the assignment and delegation of the hereinabove mentioned contracts, and each of them, upon the terms and conditions thereof and agrees that said Assigned Subcontractors, and each of them, shall be considered as and are the Contractor's Subcontractors to the same extent, for all purposes, and with the same legal effect as if the Contractor had originally bid for the Work under said assigned contracts and, upon the acceptance of such bid by the Owner and the execution of a contract between the Contractor and the Owner for the performance of all of said Work, the Contractor had entered directly into Subcontracts with the Assigned Subcontractors for the performance by them of the portions of the Work covered by their respective contracts with the Owner. The Contractor hereby irrevocably authorizes direct payment to be made by the Owner to each Assigned Subcontractor for the performance of the latter's Work under subcontract in accordance with the contract between the Contractor and the Owner for such Work. The Contractor and its surety shall be as fully responsible to the Owner for acts and omissions of the Assigned Subcontractors as they are for the acts and omissions of other Subcontractors and other persons directly employed by Contractor.

Acceptance of Assigned Contracts. The Contractor hereby accepts the assignment and delegation of the hereinabove mentioned contracts, and each of them, upon the terms and conditions thereof and agrees that said Assigned Subcontractors, and each of them, shall be considered as and are the Contractor's Subcontractors to the same extent, for all purposes, and with the same legal effect as if the Contractor had originally bid for the Work under said assigned contracts and, upon the acceptance of such bid by the Owner and the execution of a contract between the Contractor and the Owner for the performance of all of said Work, the Contractor had entered directly into Subcontracts with the Assigned Subcontractors for the performance by them of the portions of the Work covered by their respective contracts with the Owner. The Contractor hereby , and had irrevocably authorizes authorized direct payment to be made by the Owner to each Assigned Subcontractor for the performance of the latter's Work under subcontract in accordance with the contract between the Contractor and the Owner for such Work. The Contractor and its surety shall be as fully responsible to the Owner for acts and omissions of the Assigned Subcontractors as they are it is for the acts and omissions of other Subcontractors and other persons directly employed by Contractorit.