Required Subcontractors Qualifications and Subcontract Conditions Sample Clauses

Required Subcontractors Qualifications and Subcontract Conditions. 5.3.1 Subcontractual Relations - By an appropriate written agreement, duly notarized or witnessed, the Construction Manager shall require each Subcontractor to the extent of the work to be performed by the subcontractor, to be bound to the Construction Manager by the terms of the Contract Documents, and to assume towards the Construction Manager all the obligations and responsibilities which the Construction Manager by these Documents assumes toward the Owner and the Architect/Engineer. Said agreements shall preserve and protect the rights of the Owner and Architect/Engineer under the Contract Documents with respect to the Work to be performed by the Subcontractor so that the subcontracting thereof will not prejudice such rights. Where appropriate, the Construction Manager shall require each Subcontractor to enter into similar agreements with his Sub-Subcontractor. Copies of all contracts shall be provided to the Owner when requested. The Construction Manager shall make available to each proposed Subcontractor, prior to the execution of the Subcontract, copies of the Contract Documents to which the Subcontractor will be bound by this section 5.3 and identify to the Subcontractor any terms and conditions of the proposed Subcontract which may be at variance with the Contract Documents. Each Subcontractor shall similarly make copies of such Documents available to his Sub-Subcontractors.
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Required Subcontractors Qualifications and Subcontract Conditions. Sub contractual Relations - By an appropriate written agreement, the Construction Manager shall require each Subcontractor, to the extent of the Work to be performed by the Subcontractor, to be bound to the Construction Manager by the terms of the Contract Documents, and to assume toward the Construction Manager all the obligations and responsibilities which the Construction Manager, by the Contract Documents, assumes toward the Owner and the Architect-Engineer. Said agreements shall preserve and protect the rights of the Owner and Architect-Engineer under the Contract Documents with respect to the Work to be performed by the Subcontractor, so that the Subcontractor thereof will not prejudice such rights. Where appropriate, the Construction Manager shall require such Subcontractor to enter into similar agreements with his Sub- subcontractors. Construction Manager must provide proof to the College of a valid State of Florida General Contractor License and proof of a valid State of Florida Subcontractor’s licenses for all subcontractors performing work on the site. The Construction Manager shall make available to each proposed Subcontractor, prior to the execution of the Subcontract, copies of the Contract Documents to which the Subcontractor will be bound by this paragraph 5.3 and identify to the Subcontractor any terms and conditions of the proposed Subcontract which may be at variance with the Contract Documents. Each Subcontractor shall similarly make copies of such Documents available to his Sub-subcontractors. Subcontract Requirements Subcontractor Bonds - In the absence of the Owner’s prior express written approval, the cost to the Construction Manager of performance and/or payment bonds furnished by and on behalf of Subcontractors and/or Sub-Subcontractors shall not be a Cost of the Project or a Direct Cost Item due or payable by the Owner to the Construction Manager. Subcontract exceeding $200,000.00 - On all subcontracts where the bid exceeds $200,000.00, each Subcontractor must submit a completed experience questionnaire and financial statement to the Construction Manager. The Subcontractor’s financial condition must demonstrate that adequate fixed and liquid assets and equipment are available to properly perform the subcontract. Work Force - The Subcontractor must agree to perform no less than 15% of the Project construction Work described in such subcontract utilizing its own employees. Subcontractor Experience - The Subcontractor must have succ...
Required Subcontractors Qualifications and Subcontract Conditions. 5.3.1 Subcontractual Relations - By written agreement, the PROVIDER shall require each subcontractor to the extent of the work to be performed by the subcontractor, to be bound to the PROVIDER by the with the conditions for giving notice and submitting claims shall result in the waiver of such claims.
Required Subcontractors Qualifications and Subcontract Conditions 

Related to Required Subcontractors Qualifications and Subcontract Conditions

  • Use of Subservicers and Subcontractors The Servicer shall not hire or otherwise utilize the services of any Subservicer to fulfill any of the obligations of the Servicer as servicer under this Agreement or any Reconstitution Agreement unless the Servicer complies with the provisions of paragraph (a) of this Section. The Servicer shall not hire or otherwise utilize the services of any Subcontractor, and shall not permit any Subservicer to hire or otherwise utilize the services of any Subcontractor, to fulfill any of the obligations of the Servicer as servicer under this Agreement or any Reconstitution Agreement unless the Servicer complies with the provisions of paragraph (b) of this Section.

  • Listing and Maintenance Requirements; DTC Eligibility As of the Closing Date, the Common Stock is registered pursuant to Section 12(b) of the Exchange Act, and the Company has taken no action designed to, or which to its Knowledge is likely to have the effect of, terminating the registration of the Common Stock under the Exchange Act, nor has the Company received any notification that the Commission is contemplating terminating such registration. As of the Closing Date, the Company has not received notice from the Trading Market or any Eligible Market on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the listing or maintenance requirements of such Trading Market or Eligible Market, as applicable. As of the Closing Date, the Company is in compliance with all such listing and maintenance requirements. The Common Stock is eligible for participation in the DTC book entry system and has shares on deposit at DTC for transfer electronically to third parties via DTC through its Deposit/Withdrawal at Custodian (“DWAC”) delivery system. The Company has not received notice from DTC to the effect that a suspension of, or restriction on, accepting additional deposits of the Common Stock, electronic trading or book-entry services by DTC with respect to the Common Stock is being imposed or is contemplated.

  • Listing and Maintenance Requirements The Common Stock is registered pursuant to Section 12(b) or 12(g) of the Exchange Act, and the Company has taken no action designed to, or which to its knowledge is likely to have the effect of, terminating the registration of the Common Stock under the Exchange Act nor has the Company received any notification that the Commission is contemplating terminating such registration. The Company has not, in the 12 months preceding the date hereof, received notice from any Trading Market on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the listing or maintenance requirements of such Trading Market. The Company is, and has no reason to believe that it will not in the foreseeable future continue to be, in compliance with all such listing and maintenance requirements.

  • Permits and Compliance 17 Section 4.9

  • Assignment and Subcontracting City and Consultant recognize and agree that this Agreement contemplates personal performance by Consultant and is based upon a determination of Consultant’s unique personal competence, experience, and specialized personal knowledge. Moreover, a substantial inducement to City for entering into this Agreement was and is the professional reputation and competence of Consultant. Consultant may not assign this Agreement or any interest therein without the prior written approval of the City. Consultant shall not subcontract any portion of the performance contemplated and provided for herein, other than to the subcontractors listed in the Consultant’s proposal, without prior written approval of the City.

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