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, <br /> 3. IF TNE CONSULTANT FINDS DEFECTIVE, DAMAGED OR NON-CONFORMING , <br /> WORK OR WORK NOT DONE IN ACCORDANCE WITH THE CONTRACT <br /> DOCUMENTS, AND THE CONTRACTOR IS UNWILLING TO REPAIR OR , <br /> RECTIFY, THE PRORATED AMOUNT REPRESENTING THE VALUE THEREOF <br /> SHALL BE DEDUCTED BY CHANGE ORDER FROM THE CONTRACT SUM. <br /> 4. IF THE OWNER PREFERS TO ACCEPT DEFECTIVE, DAMAGED OR ' <br /> NON-CONFORMING WORK, THE PRORATED AMOUNT REPRESENTING THE VALUE <br /> � OF THE AFFECTED WORK SHALL BE DEDUCTED BY CHANGE ORDER FROM THE <br /> CONTRACT SUM. ' <br /> H. AS�F��MENT OF LIOUIDATED DAMAGES <br /> THE CONTRACTOR WILL BE ASSESSED A DAILY CHARGE, ON A CALENDAR DAY ' <br /> BASIS, FOR EACH DAY THAT ANY WORK REMAINS UNCOMPLETED AFTER <br /> EXPIRATION OF THE CONTRACT TIME. THE DAILY CHARGE WILL BE BASED ON <br /> THE ORIGINAL CONTRACT VALUE, AND WILL BE IN THE AMOUNT SHOWN IN THE ' <br /> SCHEDULE OF LIQUIDATED DAMAGES FOR THAT VALUE. <br /> SCHEDULE OF LIQUIDATED DAMAGES , <br /> ORIGINAL CONTRACT AMOUNT CHARGE PER <br /> FROM MORE THAN TO AND INCLUDING CALENDAR DAY <br /> $ 0 $ 50,000 5150 ' <br /> 50,000 100,000 . 250 <br /> 100,000 500,000 400 � <br /> 500,000 1 ,000,000 500 <br /> 1 ,000,000 2,000,000 600 <br /> 2,000,000 900 , <br /> I. WAIVER OF LIQ,�IDATED DAMAGES <br /> 1 . THE PARK DISTRICT MAY WAIVE ALL OR ANY PORTION OF THE , <br /> LIQUIDATED DAMAGE ASSESSMENT AFTER THE DATE THE WORK IS <br /> SUBSTANTIALLY COMPLETED AND IS: (a) IN CONDITION FOR SAFE AND <br /> CONVENIENT USE BY THE TRAVELING PUBLIC; OR <b) AVAILABLE FOR ' <br /> NEXT-STAGE CONSTRUCTION WITHOUT RESTRICTION. <br /> 2. NO LIQUIDATED DAMAGES WILL ACCRUE DURING PERIODS OF AUTHORIZED ' <br /> SUSPENSION OF ALL CONTROLLING OPERATIONS. <br /> 3. PERMITTING THE CONTRACTOR TO CONTINUE AND FINISN THE WORK OR <br /> ANY PART OF IT AFTER THE TIME FIXED FOR ITS COMPLETION SHALL ' <br /> NOT IN ANY WAY OPERATE AS A WAIVER ON THE PART OF THE PARK <br /> DISTRICT OR ANY OF ITS RIGHTS UNDER THE CONTRACT. NEITHER BY <br /> THE ACT OF TAKING OVER THE I�RK NOR BY ANNULMENT OF THE � <br /> CONTRACT SHALL THE PARK DISTRICT FORFEIT THE RIGHT TO RECOVER <br /> LIQUIDATED DAMAGES FROM THE CONTRACT OR HIS SURETIES. <br /> , <br /> ' <br /> GENERAL CONDITIONS <br /> PAGE 14 OF 14 ' <br />