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8.1. SR 06-03-2019
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8.1. SR 06-03-2019
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W <br /> WASTE MANAGEMENT <br /> 11.6.1 The Surety on the Bonds must be a corporate Surety authorized to conduct business in the State <br /> of the place of the Project. and have a rating from A.M. Best Company equal to or better than <br /> financial size category VI and be on the approved list of sureties issued by the United States <br /> Department of Treasury. <br /> 11.6.2 Each Bond must be accompanied by a current power of attorney as proof that the individual <br /> signing the Bond on behalf of the Surety has the necessary authority to execute the Bond. <br /> 11.6.3 Upon request of any person or entity appearing to be a potential beneficiary of Bonds covering <br /> payment of obligations under the Agreement, Contractor shall promptly furnish a copy of the <br /> Bonds or shall permit a copy to be made. <br /> 11.7 Delivery Of Bonds <br /> 11.7.1 Contractor shall deliver the required Bonds to the Owner's Authorized Representative within the <br /> time limits stated in the Notice of Intent to Award, or if the Work is to be commenced prior thereto <br /> in response to a letter of intent, Contractor shall submit Bonds prior to commencement of the <br /> Work. <br /> ARTICLE 12 <br /> Uncovering and Correction Of Work <br /> 12.1 Uncovering Of Work <br /> 12.1.1 If a portion of the Work, including the Work of others, is covered by Contractor contrary to the <br /> Owner's Authorized Representative's request or to requirements of the Contract Documents, <br /> Contractor shall uncover such Work, if required in writing by the Owner's Authorized <br /> Representative,for observation by the Owner's Authorized Representative. The uncovered Work <br /> shall be replaced without change to the Contract Price or Contract Time. <br /> 12.1.2 If a portion of the Work has been covered which the Owner's Authorized Representative has not <br /> specifically requested to observe prior to it being covered, Owner's Authorized Representative <br /> may request to see such Work and it shall be uncovered by Contractor. If such Work is in <br /> accordance with the Contract Documents, costs of uncovering and replacement shall be charged <br /> to Owner by Change Order. If such Work is not in accordance with the Contract Documents, <br /> Contractor shall pay such costs. <br /> 12.2 Correction Of Work <br /> 12.2.1 Contractor shall promptly correct or remove Work rejected by the Owner's Authorized <br /> Representative or failing to conform to the requirements of the Contract Documents, whether <br /> observed before or after Substantial Completion and whether or not fabricated, installed, or <br /> completed. Contractor shall bear costs of correcting such rejected Work, including additional <br /> testing and inspections and compensation for Owner's Design Professional's or Subconsultant's <br /> services and expenses made necessary thereby. <br /> 12.2.2 If, within one year after the Date of Substantial Completion of the Work or designated portion <br /> thereof, or after the date for commencement of warranties established under Article 3, or of other <br /> applicable special warranty required by Contract Documents, any of the Work is found to be not <br /> in accordance with the requirements of the Contract Documents including without limitation <br /> Contractor's warranties, Contractor shall correct the Work promptly after receipt of written notice <br /> from Owner to do so. The period of one year shall be extended with respect to portions of the <br /> Work first performed after Substantial Completion by the period of time between Substantial <br /> Completion and the actual acceptance of the Work. This obligation under this Article shall survive <br /> acceptance of the Work under the Agreement and termination of the Agreement. Nothing in this <br /> Article 12.2.2 or elsewhere in the Agreement shall, however, relieve the Contractor from <br /> responsibility or liability for latent defects, departures from the requirements of the Contract <br /> Documents, fraud or gross mistakes or from damages resulting from any of the foregoing. <br /> 36 Jun-17 <br /> Ver.2.0 <br />
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