Common use of Bidding of Work Clause in Contracts

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to Tenant, Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Commercial Lease Agreement (Atx Group Inc)

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Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two five business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two five business day period, Tenant shall be deemed to have approved the bids. Within five business days following LandlordXxxxxxxx’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Office Lease Agreement (Apollo Endosurgery, Inc.)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. If the estimated Total Construction Costs are expected to exceed the Suite 1952N Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to Tenant, Tenant under the foregoing provisions (if applicable). Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Suite 1952N Construction Allowance, failing which which, each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by LandlordLandlord and Tenant. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s 's requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two five business days after Landlord’s 's submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two five business day period, Tenant shall be deemed to have approved the bids. Within five business days following LandlordTenant’s submission to Tenant approval of the initial construction bids to Tenantunder the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s 's representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Taysha Gene Therapies, Inc.)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If if Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Inogen Inc)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors mutually approved by LandlordLandlord and Tenant. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s 's requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two five (5) business days after Landlord’s 's submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two five (5) business day period, Tenant shall be deemed to have approved the bids. Within five (5) business days following Landlord’s 's submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s 's representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Alco Stores Inc)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s 's requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s 's submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s 's submission to Tenant Xxxxxx of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s 's representative and the xxx xxe proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Institutional Equity Holdings Inc /Nv/)

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Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. If the estimated Total Construction Costs are expected to exceed the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Energytec Inc)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by Landlord. , and Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following LandlordXxxxxxxx’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Doc#: US1:15707591v2 Construction AllowanceAllowance (hereinafter defined), failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Rocket Companies, Inc.)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by LandlordLandlord (one of which contractors shall be MCL Construction LLC). Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings Space Plans that Tenant desires to change within two three business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two three business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction AllowanceAllowance and any value engineering, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (ReachLocal Inc)

Bidding of Work. Prior to commencing the Work, Landlord shall competitively bid the Work to three contractors approved by LandlordMetroplex General Contractors, Xxxxx & Xxxx and Xxxx Xxxxxx. If the estimated Total Construction Costs are expected to exceed $20.00 per rentable square foot or 80% of the Construction Allowance, Tenant shall be allowed to review the submitted bids from such contractors to value engineer any of Tenant’s requested alterations. In such case, Tenant shall notify Landlord of any items in the Working Drawings that Tenant desires to change within two business days after Landlord’s submission thereof to Tenant. If Tenant fails to notify Landlord of its election within such two business day period, Tenant shall be deemed to have approved the bids. Within five business days following Landlord’s submission to Tenant of the initial construction bids to TenantTenant under the foregoing provisions (if applicable), Tenant shall have completed all of the following items: (a) finalized with Landlord’s representative and the proposed contractor, the pricing of any requested revisions to the bids for the Work, and (b) approved in writing any overage in the Total Construction Costs in excess of the Construction Allowance, failing which each day after such five business day period shall constitute a Tenant Delay Day.

Appears in 1 contract

Samples: Lease Agreement (Mimecast LTD)

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