Common use of CONTRACT TERMS AND EXTENSIONS Clause in Contracts

CONTRACT TERMS AND EXTENSIONS. The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  . The Contract Time is established as   calendar days and shall be measured from the Date of Commencement. The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. 1.1 The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  20 . The Contract Time is established as   60 calendar days and shall be measured from the Date of Commencement. . 1.2 The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. . 1.3 The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. . 1.4 The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. 1.1 The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  20 . The Contract Time is established as   45 calendar days and shall be measured from the Date of Commencement. . 1.2 The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. . 1.3 The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. . 1.4 The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  . The Contract Time is established as   calendar days and shall be measured from the Date of Commencement. The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   $250 for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. 1.1 The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  20 . The Contract Time is established as   calendar days and shall be measured from the Date of Commencement. . 1.2 The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. . 1.3 The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. . 1.4 The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. 1.1 The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  upon issuance of a Purchase Order. The Contract Time is established as   60 calendar days and shall be measured from the Date of Commencement. . 1.2 The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. . 1.3 The Agency shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. . 1.4 The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  . The Contract Time is established as   calendar days and shall be measured from the Date of Commencement. The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. The Agency Owner shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  , subject to additions and deductions as provided in the Contract documents. The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.

CONTRACT TERMS AND EXTENSIONS. 1.1 The effective date of this agreement shall be the date at the top of this page. The Date of Commencement of the Work shall be  , 20  2020 . The Contract Time is established as   15 calendar days and shall be measured from the Date of Commencement. . 1.2 The Contractor agrees that the Agency shall be entitled to withhold or recover from the Contractor Liquidated Damages in the amount of   50.00 for each Calendar Day the Contractor fails to achieve Substantial Completion of the Work within the Contract Time specified or adjusted as provided in the Contract Documents. . 1.3 The Agency Owner shall pay the Contractor the Contract Sum in current funds for the Contractor’s performance of the Contract. The Contract Sum shall be  $, subject to additions and deductions as provided in the Contract documents. . 1.4 The Construction project is subject to the expenditure limits set forth in SC Code § 11-35-1550 and further explained in the Manual for Planning and Execution of State Permanent Improvements, (the “Manual”). The cost for the original scope of the Contract combined with any modification to the Contract purporting to exceed the limit of $100,000 is null and void.