Administrative Term. The Agreement shall have an administrative term (the “Administrative Term”) that runs from the effective date of the Notice to Proceed to the later of the Administrative Term Expiration Date set forth in the Project Information Section above; or the disbursement of Final Payment to the Construction Manager in accordance with Section 8.1.3 In addition, within this time the Construction Manager shall execute and submit a Final Release of Liens and Claims in a form and format required by the Contracting Officer, inclusive of providing the Department with a complete set of any product manuals (O&M) and training videos. The Administrative Term is established for the sole purpose of permitting the Department’s Office of the Chief Financial Officer to process payments in the event any payments become due. Notwithstanding the foregoing, nothing herein shall be construed to: extend the Substantial Completion Date; extend the Final Completion Date; or, limit the Department’s ability to assess liquidated damages thereon.
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Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement
Administrative Term. The Agreement shall have an administrative term (the “Administrative Term”) that runs from the effective date of the Notice to Proceed to the later of the Administrative Term Expiration Date set forth in the Project Information Section above; above or the disbursement of Final Payment to the Construction Manager in accordance with Section 8.1.3 10.12. In addition, within this time the Construction Manager shall execute and submit a Final Release of Liens and Claims in a form and format required by the Contracting Officer, inclusive of providing the Department with a complete set of any product manuals (O&M) and training videos. The Administrative Term is established for the sole purpose of permitting the Department’s Office of the Chief Financial Officer to process payments in the event any payments become due. Notwithstanding the foregoing, nothing herein shall be construed to: extend the Substantial Completion Date; extend the Final Completion Date; or, limit the Department’s ability to assess liquidated damages thereon.
Appears in 2 contracts
Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement
Administrative Term. The Agreement shall have an administrative term (the “Administrative Term”) that runs from the effective date of the Notice to Proceed to the later of the Administrative Term Expiration Date set forth in the Project Information Section above; above or the disbursement of Final Payment to the Construction Manager in accordance with Section 8.1.3 Contractor. In addition, within this time the Construction Manager Contractor shall execute and submit a Final Release of Liens and Claims in a form and format required by the Contracting Officer, inclusive of providing the Department with a complete set of any product manuals (O&M) and training videos. The Administrative Term is established for the sole purpose of permitting the Department’s Office of the Chief Financial Officer to process payments in the event any payments become due. Notwithstanding the foregoing, nothing herein shall be construed to: extend the Substantial Completion Date; extend the Final Completion Date; or, limit the Department’s ability to assess liquidated damages thereon.
Appears in 1 contract
Administrative Term. The Agreement shall have an administrative term (the “Administrative Term”) that runs from the effective date of the Notice to Proceed to the later of the Administrative Term Expiration Date set forth in the Project Information Section above; above or the disbursement of Final Payment to the Construction Manager in accordance with Section 8.1.3 Manager. In addition, within this time the Construction Manager shall execute and submit a Final Release of Liens and Claims in a form and format required by the Contracting Officer, inclusive of providing the Department with a complete set of any product manuals (O&M) and training videos. The Administrative Term is established for the sole purpose of permitting the Department’s Office of the Chief Financial Officer to process payments in the event any payments become due. Notwithstanding the foregoing, nothing herein shall be construed to: extend the Substantial Completion Date; extend the Final Completion Date; or, limit the Department’s ability to assess liquidated damages thereon.
Appears in 1 contract
Administrative Term. The Agreement shall have an administrative term (the “Administrative Term”) that runs from the effective date of the Notice to Proceed to the later of the Administrative Term Expiration Date set forth in the Project Information Section above; above or the disbursement of Final Payment to the Construction Manager in accordance with Section 8.1.3 0. In addition, within this time the Construction Manager shall execute and submit a Final Release of Liens and Claims in a form and format required by the Contracting Officer, inclusive of providing the Department with a complete set of any product manuals (O&M) and training videos. The Administrative Term is established for the sole purpose of permitting the Department’s Office of the Chief Financial Officer to process payments in the event any payments become due. Notwithstanding the foregoing, nothing herein shall be construed to: extend the Substantial Completion Date; extend the Final Completion Date; or, limit the Department’s ability to assess liquidated damages thereon.
Appears in 1 contract