Common use of Qualification Information Clause in Contracts

Qualification Information. The Contractor represents, warrants and affirms that only truthful, complete and correct information has been provided to the Owner with the Contractor’s Bid or Proposal (as applicable), and in any other communication from the Contractor regarding the Contractor’s qualifications or responsibility to perform the obligations of the Contractor under this Contract (all such information being referred to herein as “Qualification Information”). The Contractor further represents, warrants and affirms that in the event that any Qualification Information changed in any material way after it was communicated from the Contractor and before this Contract is signed by all parties, the Contractor has immediately notified the Owner, in writing, of such change or changes and Contractor agrees that Owner may take such action thereon as Owner deems appropriate. The Contractor acknowledges and agrees that the Owner has relied, and will continue to rely, on the truthfulness, completeness and correctness of the Qualification Information. The Contractor acknowledges and agrees that all Qualification Information is material and important to the Owner’s evaluation of the Contractor’s qualifications and responsibility to undertake the Contractor’s obligations under this Contract. Contractor acknowledges and agrees that if the Contractor knowingly provided any false, incorrect, misleading or incomplete information to the Owner in any Qualification Information, or failed to advise the Owner in writing of any material change in such information as set forth in this Paragraph, this Contract shall be deemed to be materially breached by Contractor and subject to immediate termination for cause or rescission for cause by the Owner, at the sole option of the Owner. The Owner also shall have and retain any and all other rights and remedies provided by law, in contract or otherwise.

Appears in 2 contracts

Sources: Fixed Price Construction Contract, Fixed Price Construction Contract

Qualification Information. The Contractor represents, warrants and affirms that only truthful, complete and correct information has been provided to the Owner with in the Contractor’s Bid or Proposal (as applicable)Prequalification Statement, if any, and in any other communication from the Contractor regarding the Contractor’s qualifications or responsibility to perform the obligations of the Contractor under this Contract (all such information being referred to herein as “Qualification Information”). The Contractor further represents, warrants and affirms that in the event that any Qualification Information changed in any material way after it was communicated from the Contractor and before this Contract is signed by all parties, the Contractor has immediately notified the Owner, in writing, of such change or changes and Contractor agrees that Owner may take such action thereon as Owner deems appropriate. The Contractor acknowledges and agrees that the Owner has relied, and will continue to rely, on the truthfulness, completeness and correctness of the Qualification Information. The Contractor acknowledges and agrees that all Qualification Information is material and important to the Owner’s evaluation of the Contractor’s qualifications and responsibility to undertake the Contractor’s obligations under this Contract. Contractor acknowledges and agrees that if the Contractor knowingly provided any false, incorrect, misleading or incomplete information to the Owner in any Qualification Information, or failed to advise the Owner in writing of any material change in such information as set forth in this Paragraph, this Contract shall be deemed to be materially breached by Contractor and subject to immediate termination for cause or rescission for cause by the Owner, at the sole option of the Owner. The Owner also shall have and retain any and all other rights and remedies provided by law, in contract or otherwise.

Appears in 1 contract

Sources: Fixed Price Construction Contract