Common use of Scope of Payment Clause in Contracts

Scope of Payment. ‌ The Contractor shall accept the compensation as herein provided as full payment for furnishing all materials, labor, tools, and equipment necessary to complete the Work, and for performing all work contemplated and embraced under the Contract; also, for loss or damage arising from the nature of the Work, or from the action of the elements, except as heretofore provided, or from any unforeseen difficulties which may be encountered during the prosecution of the Work, until the final acceptance by the City Council, and for all risks of every description connected with the prosecution of the Work; also, for all expenses incurred in consequence of the suspension or discontinuance of the Work as herein specified; and for completing the Work according to the Plans and Special Provisions. Neither the payment of any estimate nor of any retained percentage shall relieve the Contractor of any obligation to make good any defective work or materials.

Scope of Payment. ‌ The Contractor shall accept the compensation compensation, as herein provided as provided, in full payment for furnishing all materials, labor, tools, and equipment necessary to complete for the Work, and for performing all work contemplated and embraced under completion of the Contractcontract; also, also for loss or damage arising from the nature of the Work, or from the action of the elements, except as heretofore hereinbefore provided, or from any unforeseen difficulties which may be encountered during the prosecution of the Work, Work until the final acceptance by the City Council, and for all risks of every description connected with the prosecution of the Work; also, also for all expenses incurred in the consequence of the suspension or discontinuance of the Work as herein specified; and for completing the Work work according to the Plans plans and Special Provisionsspecifications. Neither the payment of any estimate nor of any retained percentage shall relieve the Contractor of any obligation to make good any defective work or materialsmaterial.