Common use of Approval of Subcontractors Clause in Contracts

Approval of Subcontractors. Based on substantial and/or material reasons, Owner reserves the right to reject any unsatisfactory Subcontractor on the basis of safety record, financial status, insufficient resources, security risk, or other criteria which could negatively impact the successful on-time completion of the Project. Good faith and reasonableness will govern any such decision. Owner’s approval of Subcontractors does not relieve or release EPC Contractor from full responsibility for the adequate, conforming and timely performance of the Work. EPC Contractor is solely responsible for ensuring that all Subcontractors are qualified to perform their work timely and in accordance with the plans, specifications and this Agreement.

Appears in 3 contracts

Samples: Engineering, Procurement and Construction Agreement, Agreement (LSB Industries Inc), Agreement (LSB Industries Inc)

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Approval of Subcontractors. Based on substantial and/or material reasons, Owner reserves the right to reject any unsatisfactory Subcontractor on the basis of safety record, financial status, insufficient resources, security risk, or other criteria which could negatively impact the successful on-time completion of the Project. Good faith and reasonableness will govern any such decision. Owner’s approval of Subcontractors does not relieve or release EPC Contractor from full responsibility for the adequate, conforming and timely performance of the Work. EPC Contractor is solely responsible for ensuring that all Subcontractors are qualified to perform their work timely and in accordance with the plans, specifications and this Agreement.

Appears in 2 contracts

Samples: Construction Agreement – Dmw2 (LSB Industries Inc), Construction Agreement—nacsac (LSB Industries Inc)

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