Common use of Renewal Work Clause in Contracts

Renewal Work. 4.1.16.1 DB Contractor shall diligently perform and complete Renewal Work when required in accordance with Section 9.7.7 of the CMA Specification. 4.1.16.2 DB Contractor shall complete all Renewal Work required under this Section 4.1.16: (a) prior to the expiration of the Maintenance Term; or (b) if the Capital Maintenance Contract is terminated for any reason prior to the expiration of the Maintenance Term, within 90 days after the effective date of termination. If DB Contractor, despite diligent efforts, is unable to complete such Renewal Work prior to such period or TxDOT elects, at its discretion, to perform such Renewal Work, then in lieu of DB Contractor’s completion of such Renewal Work, DB Contractor shall reimburse TxDOT, within 10 days of delivery of an invoice therefor, for TxDOT’s Recoverable Costs of completing such Renewal Work. In lieu of reimbursement, TxDOT may elect, in its discretion, to deduct such amounts from any amounts payable to DB Contractor under this Capital Maintenance Contract.

Renewal Work. 4.1.16.1 DB Contractor shall diligently perform and complete Renewal Work when required in accordance with Section 9.7.7 of the CMA Specification. 4.1.16.2 DB Contractor shall complete all Renewal Work required under this Section 4.1.16: (a) prior to the expiration of the Maintenance Term; or (b) if the Capital Maintenance Contract is terminated for any reason prior to the expiration of the Maintenance Term, within 90 days after the effective date of termination. If DB Contractor, despite diligent efforts, is unable to complete such Renewal Work prior to such period or TxDOT elects, at its discretion, to perform such Renewal Work, then in lieu of DB Contractor’s completion of such Renewal Work, DB Contractor shall reimburse TxDOT, within 10 ten days of delivery of an invoice therefor, for TxDOT’s Recoverable Costs of completing such Renewal Work. In lieu of reimbursement, TxDOT may elect, in its discretion, to deduct such amounts from any amounts payable to DB Contractor under this Capital Maintenance Contract.