RISK OF LOSS AND ACCEPTANCE OF WORK Sample Clauses
The "Risk of Loss and Acceptance of Work" clause defines when the responsibility for damage or loss to the work transfers from the contractor to the client, and establishes the criteria for the client's formal acceptance of completed work. Typically, this clause specifies that the contractor bears the risk of loss until the work is finished and accepted by the client, often following an inspection or approval process. Its core function is to clearly allocate risk and responsibility, ensuring both parties understand when liability shifts and under what conditions the work is considered satisfactorily completed.
RISK OF LOSS AND ACCEPTANCE OF WORK. 1. Contractor shall perform the work and deliver all Goods in accordance with recognized and customarily accepted industry practices, and performance shall be considered complete when the Contract Administrator approves the Services as acceptable. If the Contract Administrator rejects any deliverable, the Contractor shall be notified and shall have fourteen (14) calendar days from date of issuance of notification to correct the deficiencies and resubmit the deliverable.
2. Unless the City provides the materials or supplies, the Contractor bears the risk of damage or loss for materials or supplies covered by the Contract until delivery to the designated point. If the City rejects any deliverable, the Contractor bears all risk of damage or loss on them after notice of rejection. The Contractor must remove rejected materials or supplies at its own expense promptly after notification of rejection, unless public health and safety require immediate destruction or other disposal of a rejected delivery. If the Contractor does not remove rejected materials within ten (10) days after notification of rejection, the City may return the rejected materials or supplies to the Contractor at Contractor’s risk and expense or may dispose of them as abandoned property.
RISK OF LOSS AND ACCEPTANCE OF WORK. 1. Contractor shall perform the Work and deliver all related or incidental Goods in accordance with recognized and customarily accepted industry practices, and performance shall be considered complete when the Contract Administrator approves the Work as acceptable. If the Contract Administrator rejects any deliverable, the Contractor shall be notified and shall have fourteen (14) calendar days from date of issuance of notification to correct the deficiencies and resubmit the deliverable. If Contractor fails to resubmit the deliverable in accordance with this provision, the City may terminate the contract for cause without further notice.
2. Unless the City provides the materials or supplies, the Contractor bears the risk of damage or loss for materials or supplies covered by the Contract until delivery to the designated point. If the City rejects any deliverable, the Contractor bears all risk of damage or loss on them after notice of rejection. The Contractor must remove rejected materials or supplies at its own expense promptly after notification of rejection, unless public health and safety require immediate destruction or other disposal of a rejected delivery. If the Contractor does not remove rejected materials within ten (10) days after notification of rejection, the City may return the rejected materials or supplies to the Contractor at Contractor’s risk and expense or may dispose of them as abandoned property. Contractor shall reimburse the City for any costs or expenses that are related to the disposal of abandoned property.