Examples of Grading Work in a sentence
Upon approval of a Change Order by the State, JDA and the Company, the Company shall bear any costs in excess of the reallocated sum of $10,000,000 for the Additional Grading Work as set forth in such approved Change Order.
If the Comprehensive Grading Work is not completed by the date which is ninety (90) days after December 31, 2023, then the Company, upon written notice to the JDA and the State, shall have the right to complete the Comprehensive Grading Work at its sole cost and expense.
In the event there are changes in scope or costs for the Additional Grading Work which exceed the reallocated sum of $10,000,000, the JDA shall require T&H to provide a copy of the change order which addresses the work required to be done in connection with such changes (a “Change Order”) to the State, JDA and the Company no later than ten days prior to the JDA’s regular monthly meeting which is the fourth Tuesday of each month.
The State and the Company have agreed to reallocate the sum of $10,000,000 from the Project Development Grant to the JDA Grant to pay the costs of the Additional Grading Work, including the costs of contract administration, construction oversight, engineering, site stabilization, insurance, and grading contractor costs associated with performance of the Additional Grading Work set forth on the Additional Grading Plan, and shall use such reallocated sum to pay costs of the Additional Grading Work.
The plan for the Additional Grading Work prepared by Xxxxxx & Xxxxxx Engineering, Inc.
In the event of an approved Change Order with respect to the Additional Grading Work, the State (at the Company’s request after consultation with the JDA and State), will reallocate additional funds from the Project Development Grant to the JDA Grant, or alternatively the Company may pay for such costs from its own sources.
The Comprehensive Grading Work shall be performed in accordance with the standards and specifications agreed to by the Parties and within the locations set forth in the Current Grading Plan and Additional Grading Plan.
The JDA and the State shall use their commercially reasonable efforts to cause the Comprehensive Grading Work to be completed by December 31, 2023.
The JDA will cause to be included in the contract for the Comprehensive Grading Work a liquidated damages clause with terms determined by the JDA in reasonable consultation with the Company.