Repair Activities definition
Examples of Repair Activities in a sentence
The Company may contract with bonded and insured third party contractors to perform work covered by this Agreement in relation to the Reinforcement Activities and Repair Activities.
If the independent engineer disagrees with the Company regarding the proposed or completed repair work, the Company shall perform Repair Activities required by the independent engineer but shall not be required to perform Repair Activities beyond what the Town requested of the Company.
If the Town Highway Superintendent, in consultation with the On-Site Monitor, is satisfied in his reasonable discretion with such repair work, the Town shall issue to the Company a certificate of restoration (“Certificate of Restoration”) within fifteen (15) business days following the On-Site Monitor’s receipt of the Repair Activities completion notice.
The Company will prepare designs of planned Road and Road Structure improvements, Reinforcement Activities, Repair Activities, or modifications.
In the event the Town and the Company agree in writing: (i) on the proposed Repair Activities, (ii) on the Repair Estimate, and (iii) that the Town will undertake performance of such Repair Activities, the Company shall pay the Town an amount equal to the Repair Estimate.
If the Repair Estimate was not calculated using prevailing wages, it shall be recalculated using prevailing wages in the case of the Town undertaking the Repair Activities.
If the Post-Construction Inspection Report identifies damage to the Roads and Road Structures, measured against the condition established in the Pre-Construction Inspection Report and contemplated by the planned Reinforcement Activities identified therein, such report shall include plans and designs of Repair Activities the Company deems are appropriate to repair such damage.
Upon the Town’s receipt of such payment, the Company’s obligations for Repair Activities under this Agreement shall be fully satisfied and the Town shall forever release the Company from any obligation to repair any damage to the Roads and Road Structures caused by construction of the Project.
If the Town performs Repair Activities, the Company shall have no obligation relative to indemnity and insurance for the Town and the Town shall be responsible for its own insurance protection.
The Town may require the Company or its BOP Contractor to post a bond, irrevocable letter of credit, or other mutually acceptable cash equivalent in the amount of the Company’s actual construction contract price for Reinforcement Activities or Repair Activities (the “Construction Security”), except that, in recognition of the costs the Town would incur if required to perform the work, said security shall reflect prevailing wages if the Company’s actual construction contract does not use prevailing wages.