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. . 1 <br /> 1 <br /> C. TERMINATION <br /> l . TNE PARK DISTRICT MAY, BY WRITTEN NOTICE TO THE CONTRACTOR, ' <br /> TERMINATE THIS CONTRACT IN WHOLE OR IN PART AT ANY TIME, FOR <br /> CONVENIENCE OR BECAUSE OF THE FAIIURE OF THE CONTRACTOR TO ' <br /> FULFILL ITS CONTRACTUAL OBLIGATIONS. UPON RECEIPT OF SUCH <br /> NOTICE, THE CONTRACTOR SHALL IMMEDIATELY DISCONTINUE ALL <br /> SERVICES AFFECTED AND SHALL DELIVER TO THE PARK DISTRICT ALL <br /> . DOCUMENTS, SAMPLES, AND SUBMITTALS. � , <br /> 2. IF THE TERMINATION IS FOR THE CONVENIENCE OF THE PARK DISTRICT, <br /> AN EQUITABLE ADJUSTMENT IN THE COMPENSATION OF THE CONTRACTOR , <br /> SHALL BE MADE, BUT NO AMOUNT SHALL BE ALLOWED FOR ANTICIPATED <br /> PROFIT, UNPERFORMED SERVICES OR INTANGIBLES. <br /> 3. IF THE TERMINATION IS DUE TO THE FAILURE OF THE CONTRACTOR TO t <br /> FULFILL ITS CONTRACTUAL OBLIGATIONS, THE PARK DISTRICT MAY TAKE <br /> OVER THE I�RK AND PROSECUTE THE SAME TO COMPLETI01� BY CONTRACT <br /> OR OTHERWISE AND THE PARK DISTRICT SHALL BE COMPENSATED BY THE � <br /> CONTRACTOR FOR ANY LOSSES OR COSTS IT INCURS BY VIRTUE OF THIS <br /> TERMINATION FOR FAILURE TO PERFORM. <br /> D. PARTIAL PAYMENTS ' <br /> 1 . A TOTAL OF FIVE PERCENT (5X) OF EACH APPROVAL PARTIAL PAYMENT , <br /> SHALL BE RETAINED UNTIL COMPLETION AND FINAL ACCEPTANCE OF THE <br /> WORK. <br /> 2. PARTIAL PAYMENTS WILL NOT BE MADE MORE OFTEN THAN ONCE EACH ' <br /> MONTH. <br /> 3. WHEN THE WORK UNDER CONTRACT HAS BEEN COMPLETED TO �HE EXTENT , <br /> THAT NOT MORE THAN FIVE PERCENT OF THE ORIGINAL (:ONTRACT VALUE <br /> REMAINS TO BE COMPLETED, THE PARK DISTRICT WILL RELEASE TO THE <br /> CONTRACTOR SUCH PORTIONS OF THE RETAINED FUNDS AS IT CONSIDERS � <br /> TO BE IN EXCESS OF THE AMOUNT ADEQUATE FOR PROTECTION OF ITS <br /> INTERESTS. BEFORE ANY REDUCTIONS ARE MADE IN THE AMOUNTS <br /> RETAINED, THE CONTRACTOR MAY BE REQUIRED TO FURNISH AN <br /> AFFIDAVIT OF CONSENT FROM HIS SURETIES. <br /> E. INSPECTION <br /> 1 . THE CONSULTANT WILL INSPECT THE WORK AT INTERVALS APPROPRIATE , <br /> TO THE STAGE OF CONSTRUCTION TO EVALUATE THE PROGRESS AND <br /> QUALITY OF THE WORK AND TO DETERMINE IN GENERAL IF THE WORK IS , <br /> PROCEEDING IN ACCORDANCE WITH THE CONTRACT DOCUMENTS. <br /> 2. THE CONSULTANT SHALL AT ALL TIMES HAVE ACCESS TO THE WORK <br /> WHEREVER IT IS IN PREPARATION AND PROGRESS. THE CONTRACTOR , <br /> SHALL PROVIDE FACILITIES FOR SUCH ACCESS SO THAT CONSULTANT MAY <br /> PERFORM HIS FUNCTIONS UNDER THE CONTRACT DOCUMENTS. <br /> ' <br /> GENERAL CONDITIONS ' <br /> PAGE 12 OF 14 <br />