Common use of Preconstruction Services Subletting Assignment, or Transfer Clause in Contracts

Preconstruction Services Subletting Assignment, or Transfer. The following requirements and provisions apply to the subletting, assignment, or transfer of Preconstruction Services. The Contractor shall not assign, subcontract, sublet or transfer any or all of its interest in the Preconstruction Phase of this Contract without prior written approval of the MDOT. Under no condition will the Contractor be allowed to sublet or subcontract more than 70% of the work required under the Preconstruction Phase of this Contract. It is clearly understood and agreed that specific tasks may be sublet or subcontracted in their entirety provided that the Contractor performs at least 30% of the overall Preconstruction Phase with its own forces. Consent by the MDOT to any subcontract shall not relieve the Contractor from any of its obligations hereunder, and the Contractor is required to maintain final management responsibility with regard to any such subcontract. The MDOT reserves the right to review all subcontract documents prepared in connection with this Contract, and the Contractor agrees that it shall submit to the MDOT any proposed subcontract document together with subcontractor cost estimates for review and written concurrence of the MDOT in advance of their execution. The Contractor shall make prompt payment to all subcontractors no later than 15 days from receipt of each payment the Commission makes to the Contractor.

Preconstruction Services Subletting Assignment, or Transfer. The following requirements and provisions apply to the subletting, assignment, or transfer of Preconstruction Services. The Contractor shall not assign, subcontract, sublet or transfer any or all of its interest in the Preconstruction Phase of this Contract without prior written approval of the MDOT. Under no condition will the Contractor be allowed to sublet or subcontract more than 70% of the work required under the Preconstruction Phase of this Contract. It is clearly understood and agreed that specific tasks may be sublet or subcontracted in their entirety provided that the Contractor performs at least 30% of the overall Preconstruction Phase with its own forces. Consent by the MDOT to any subcontract shall not relieve the Contractor from any of its obligations hereunder, and the Contractor is required to maintain final management responsibility with regard to any such subcontract. The MDOT reserves the right to review all subcontract documents prepared in connection with this Contract, and the Contractor agrees that it shall submit to the MDOT any proposed subcontract document together with subcontractor cost estimates for review and written concurrence of the MDOT in advance of their execution. The Contractor shall make prompt payment to all subcontractors no later than 15 days from receipt of each payment the Commission makes to the Contractor.