Common use of Developer Requirements Clause in Contracts

Developer Requirements. Developer has tendered and the District has approved the following: (1) Record drawings photographically reduced to 11” by 17” mylar drawings and provided on electronic media compatible with the District standards; (2) Certified compaction test results; (3) Construction plans and drawings consistent in form and content with current District requirements as set forth in Part C of Article 9, Technical Specifications, showing the location of all component parts of the System Improvements, or other arrangements approved in writing by the District have been made for the preparation thereof; (4) A 12-month maintenance bond, or other security approved by the District, in an amount equal to 10% of the costs of constructing the System Improvements, or such greater amount as may be reasonably determined by the District on account of special circumstances of the particular System Improvements, or any portion thereof; (5) A duly executed written statement that all suppliers of labor and materials have been fully paid, with lien waivers attached; (Cross reference: 8-1-15 False Official Statement; Report) (6) A duly executed written assignment of all manufacturer's warranties on materials, if applicable; (7) All subordination agreements and partial releases required pursuant to Section 6-3-3; (8) Payment of all sums then due to the District in connection with the System Improvements; and (9) A verified statement of Actual Cost of the System Improvements, itemized as the District may require. (Cross reference: 8-1-15 False Official Statement; Report)