13.07.2015 Views

contract language to protect the contractor or - Lightning Protection ...

contract language to protect the contractor or - Lightning Protection ...

contract language to protect the contractor or - Lightning Protection ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Include <strong>language</strong> as bid condition <strong>or</strong> in sub<strong>contract</strong>Government <strong>contract</strong>s generally reduced <strong>to</strong> 5% at halfway poin<strong>to</strong>f project if satisfac<strong>to</strong>ry progress.Example:“Provided that Sub’s perf<strong>or</strong>mance issatisfac<strong>to</strong>ry at <strong>the</strong> point it completes 50% of itsw<strong>or</strong>k, GC shall cease any fur<strong>the</strong>r deductions ofretainage.”

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!