Common use of WARRANTY OF CONSTRUCTION Clause in Contracts

WARRANTY OF CONSTRUCTION. a) In addition to any other warranties set out elsewhere in this contract, the contractor warrants that work performed under this contract conforms to the contract requirements and is free of any defect of equipment, material or design furnished, or workmanship performed by the contractor or any of its subcontractors or suppliers at any tier. Such warranty shall continue for a period of one year from the date of final acceptance of the work, but with respect to any part of the work which the Exchange takes possession of prior to final acceptance, such warranty shall continue for a period of one year from the date the Exchange takes possession. Under this warranty, the contractor shall remedy at contractor's own expense any such failure to conform or any such defect. In addition, the contractor shall remedy at contractor's own expense any damage to Exchange or government owned or controlled real or personal property, when that damage is the result of the contractor's failure to conform to the contract requirements or any such defect of equipment, material, workmanship, or design. The contractor shall also restore any work damaged in fulfilling the terms of this clause. The contractor's warranty with respect to work repaired or replaced hereunder will run for one year from the date of such repair or replacement.