Common use of Progress and control Clause in Contracts

Progress and control. 1. The firm shall commence work within thirty (30) days after the approval of the contract by the Director of the Division of Taxation and complete all the contract terms, except for taxpayer review and defense requirements, by September 30, 2015. 2. The Firm shall not be responsible for delays caused by strikes, war, catastrophes or acts of God, which might stop or delay the progress of work. 3. The Firm shall perform the work in accordance with the plan and schedule that is attached to and made part of this contract. 4. A detailed written progress report shall be submitted by the Firm to the Assessor with a copy to the County Board of Taxation at least once a month. The progress reports shall indicate the current status of work and compare the progress of work accomplished with the plan and schedule established. The Firm shall provide written explanation to the assessor where the progress of the work is not in accordance with the contract schedule. 5. The progress report shall serve as a basis for proportional payments by the Municipality. A payment schedule based on completion of the various facets of work shall be followed in this regard. In no event shall the Firm ▇▇▇▇ more than 90% of the total contract price until full completion and performance of the contract, including the requirement of defense of appeals. The municipality shall make the first payment upon execution of this contract in the amount of 10% of the total contract.

Appears in 1 contract

Sources: Contract for Providing a Complete Revaluation of All Real Property for Tax Equalization Purposes

Progress and control. 1. The firm shall commence work within thirty (30) days after the approval of the contract by the Director of the Division of Taxation and complete all the contract terms, except for taxpayer review and defense requirements, by September 30, 2015. 2. The Firm shall not be responsible for delays caused by strikes, war, catastrophes or acts of God, which might stop or delay the progress of work. 3. The Firm shall perform the work in accordance with the plan and schedule that is attached to and made part of this contract. 4. A detailed written progress report shall be submitted by the Firm to the Assessor with a copy to the County Board of Taxation at least once a month. The progress reports shall indicate the current status of work and compare the progress of work accomplished with the plan and schedule established. The Firm shall provide written explanation to the assessor where the progress of the work is not in accordance with the contract schedule. 5. The progress report shall serve as a basis for proportional payments by the Municipality. A payment schedule based on completion of the various facets of work shall be followed in this regard. In no event shall the Firm ▇▇▇▇ bill more than 90% of the total contract price until full completion and performance of the contract, including the requirement of defense of appeals. The municipality shall make the first payment upon execution of this contract in the amount of 10% of the total contract.

Appears in 1 contract

Sources: Contract for Providing a Complete Revaluation of All Real Property for Tax Equalization Purposes