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Eastern Contra Costa Transit Authority Contract ... - Tri Delta Transit

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4. TERMINATION<br />

A. This Agreement and all obligations hereunder may be terminated at any time,<br />

with or without cause, by ECCTA upon five (5) days written notice to the<br />

<strong>Contra</strong>ctor. The <strong>Contra</strong>ctor may terminate this Agreement upon 30 days’ written<br />

notice to ECCTA.<br />

B. If the <strong>Contra</strong>ctor fails to perform any of its material obligations under this<br />

Agreement, in addition to all other remedies provided by law, ECCTA may<br />

terminate this Agreement immediately upon written notice.<br />

C. Upon termination with or without cause, all finished and unfinished<br />

documents, project data, and reports shall, at the option of ECCTA, become its<br />

sole property and shall, at the <strong>Contra</strong>ctor’s expense, be delivered to ECCTA or to<br />

any party it may so designate.<br />

D. In the event this Agreement terminates without cause, the <strong>Contra</strong>ctor shall be<br />

entitled to any compensation owing to it hereunder up to the time of such<br />

termination, it being understood that any payments are full compensation for<br />

services rendered prior to the time of payment; provided, however, that the<br />

<strong>Contra</strong>ctor shall be entitled to compensation for work in progress at the time of<br />

termination.<br />

5. CONTRACT PRICE<br />

<strong>Contra</strong>ctor shall provide all of the products and services specified in this Agreement<br />

at a not to exceed total contract price of:<br />

$_____________ Year 1 $ _______________ Option Year 1<br />

$_____________ Year 2 $ ________________ Option Year 2<br />

$_____________ Year 3<br />

$ _____________Year 4<br />

$ _____________Year 5<br />

The amount shall include all costs for labor, materials, tools, equipment, services,<br />

insurance, overhead profit, and all other costs incidental to the performance of the<br />

services specified under this Agreement.<br />

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