Broad Indemnification
high
…be made and become effective at the time Metropolitan tenders final payment to the bidder. 27. Indemnity. — (a) The Contractor shall indemnify and save harmless Metropolitan, the Board, each member of the Board, and Metropolitan's officers, agents, and employees, from all liability and claims of any kind, arising out of or in connections with work to be performed, including but not limited to: (1
Liquidated Damages
high
…d shall be forfeited, cashed, or enforced as appropriate. The money available therefrom shall become the property of Metropolitan as liquidated damages for such failure or refusal. If the successful bidder complies with the foregoing requirements in a timely manner, the bidder’s security, if furnished, shall be returned to the bidder within 5 days of Contract execution, or the bid bond, if furnis
Prevailing Wage / Certified Payroll
high
…th state or federal laws or regulations pertaining to labor and employment standards, including those involving workplace safety and prevailing wages; f. Falsification of any document relating to a bid in response to a solicitation by Metropolitan for the procurement of goods and services or a public work contract entered into; g. Concealment, withholding, and/or destruction of records he or she
Subcontractor Pre-Approval Required
high
…r provided, a revised schedule of progress may be required in accordance with such extension of time. 6. Assignment Forbidden. — The Contractor shall not assign, transfer, convey, sublet, or otherwise dispose of this contract or of his right, title, or interest in or to the same or any part thereof, without the previous consent in writing of the Engineer; and he shall not assign, by power of atto
Bid Bond Required
medium
…in a timely manner, the bidder’s security, if furnished, shall be returned to the bidder within 5 days of Contract execution, or the bid bond, if furnished, shall become void. The security submitted by unsuccessful bidders will be returned within 15 days of Metropolitan’s execution of Document 00505, Agreement. 5. Withdrawal or Modification of Bids —A bidder may withdraw its bid before the hour f