Common use of TERMINATION FOR NATIONAL EMERGENCIES Clause in Contracts

TERMINATION FOR NATIONAL EMERGENCIES. The Owner shall terminate the contract or portion thereof by written notice when the Contractor is prevented from proceeding with the construction contract as a direct result of an Executive Order of the President with respect to the prosecution of war or in the interest of national defense. When the contract, or any portion thereof, is terminated before completion of all items of work in the contract, payment will be made for the actual number of units or items of work completed at the contract price or as mutually agreed for items of work partially completed or not started. No claims or loss of anticipated profits shall be considered. Reimbursement for organization of the work, and other overhead expenses (when not otherwise included in the contract), and moving equipment and materials to and from the job will be considered, the intent being that an equitable settlement will be made with the Contractor. Acceptable materials, obtained or ordered by the Contractor for the work and that are not incorporated in the work shall, at the option of the Contractor, be purchased from the Contractor at actual cost as shown by receipted bills and actual cost records at such points of delivery as may be designated by the Owner. Termination of the contract or a portion thereof shall neither relieve the Contractor of his/her responsibilities for the completed work nor shall it relieve his/her surety of its obligation for and concerning any just claim arising out of the work performed. END OF SECTION 80

Appears in 9 contracts

Samples: Contract Agreement, Contract Agreement, Contract Agreement

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TERMINATION FOR NATIONAL EMERGENCIES. The Owner shall terminate the contract or portion thereof by written notice when the Contractor is prevented from proceeding with the construction contract as a direct result of an Executive Order of the President with respect to the prosecution of war or in the interest of national defense. When the contract, or any portion thereof, is terminated before completion of all items of work in the contract, payment will be made for the actual number of units or items of work completed at the contract price or as mutually agreed for items of work partially completed or not started. No claims or loss of anticipated profits shall be considered. Reimbursement for organization of the work, and other overhead expenses (when not otherwise included in the contract), ) and moving equipment and materials to and from the job will be considered, the intent being that an equitable settlement will be made with the Contractor. Acceptable materials, obtained or ordered by the Contractor for the work and that are not incorporated in the work shall, at the option of the Contractor, be purchased from the Contractor at actual cost as shown by receipted bills and actual cost records at such points of delivery as may be designated by the Owner. Termination of the contract or a portion thereof shall neither relieve the Contractor of his/her responsibilities for the completed work nor shall it relieve his/her surety of its obligation for and concerning any just claim arising out of the work performed. END OF SECTION 80

Appears in 2 contracts

Samples: Contract Agreement, Contract Agreement

TERMINATION FOR NATIONAL EMERGENCIES. The Owner shall terminate the contract or portion thereof by written notice when the Contractor is prevented from proceeding with the construction contract as a direct result of an Executive Order of the President with respect to the prosecution execution of war or in the interest of national defense. When the contract, or any portion thereof, is terminated before completion of all items of work in the contract, payment will be made for the actual number of units or items of work completed at the contract price or as mutually agreed for items of work partially completed or not started. No claims or loss of anticipated profits shall be considered. Reimbursement for organization of the work, and other overhead expenses expenses, (when not otherwise included in the contract), ) and moving equipment and materials to and from the job will be considered, the intent being that an equitable settlement will be made with the Contractor. Acceptable materials, obtained or ordered by the Contractor for the work and that are not incorporated in the work shall, at the option of the Contractor, be purchased from the Contractor at actual cost as shown by receipted bills and actual cost records at such points of delivery as may be designated by the OwnerRPR. Termination of the contract or a portion thereof shall neither relieve the Contractor of his/her their responsibilities for the completed work nor shall it relieve his/her their surety of its obligation for and concerning any just claim arising out of the work performed. END OF SECTION 80.

Appears in 1 contract

Samples: www.tn.gov

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TERMINATION FOR NATIONAL EMERGENCIES. β€Œ The Owner Airport Authority shall terminate the contract Contract or portion thereof by written notice when the Contractor CMR is prevented from proceeding with the construction contract Contract as a direct result of an Executive Order of the President with respect to the prosecution of war or in the interest of national defense. When the contractContract, or any portion thereof, is terminated before completion of all items of work Work in the contractContract, payment will be made for the actual number of units or items of work Work completed at the contract price Contract Price or as mutually agreed for items of work Work partially completed or not started. No claims or loss of anticipated profits shall be considered. Reimbursement for organization of the workWork, and other overhead expenses expenses, (when not otherwise included in the contract), Contract) and moving equipment Equipment and materials Materials to and from the job will be considered, the intent being that an equitable settlement will be made with the ContractorCMR. Acceptable materialsMaterials, obtained or ordered by the Contractor CMR for the work Work and that are not incorporated in the work Work shall, at the option of the ContractorCMR, be purchased from the Contractor CMR at actual cost as shown by receipted bills and actual cost records at such points of delivery as may be designated by the OwnerDesign Professional. Termination of the contract Contract or a portion thereof shall neither relieve the Contractor CMR of his/her responsibilities for the completed work Work nor shall it relieve his/her surety Surety of its obligation for and concerning any just claim arising out of the work Work performed. END OF SECTION 80.

Appears in 1 contract

Samples: www.flylansing.com

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