O-2002-2587 - Laserfiche WebLink

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with the letting of the contract and terminate the Project without any further obligations to Grantee; or 3. Subrecipient may notify Grantee of the bid and undertake to negotiate with the Grantee for Grantee to agree in writing to reduce or delete specific items in the bid proposal so that bids will be within the amount of available construction funds. In the event Grantee agrees in writing to reduce or delete items in the bid proposal, the Subrecipient will re-bid the project and proceed as if it were the original bid; or 4. Subrecipient may reject all bids and elect not to proceed with the letting of the contract and terminate the Project, giving the Grantee written notice of its termination. The project contractor shall furnish, deliver, and install one 4'-0" X 8'-0" temporary project sign according to Harris County specifications. The Subrecipient will ensure that the specifications are made part of the project manual and the cost of the project sign is included in all bids. Within thirty (30) days after notification by Grantee to Subrecipient that the bid has been approved, the contract shall be awarded to the lowest and best bidder, in accordance with the usual and customary procedures of the Grantee. Grantee will contract directly with the contractor, incorporating all requirements of this Agreement therein. The Grantee may terminate this Agreement without cause, at any time prior to the letting of the contract for installation of the Project, by written notice to the Subrecipient, and the Subrecipient shall have no obligation thereunder except to return to Grantee the funds paid to the Subrecipient, if any, by Grantee pursuant to this Agreement. During the construction of the Project, Grantee and Subrecipient shall have the right to review all documents, maps, plats, records, photographs, reports or plans affecting said installation. The Subrecipient shall, at its sole expense, furnish the necessary inspection personnel to assure itself of compliance with the installation contract. B. Performance Monitoring The Grantee will monitor the performance of the Subrecipient against goals and performance standards required herein. Substandard performance as determined by the Grantee will constitute non-compliance with this Agreement. If action to correct such substandard performance is not taken by the Subrecipient within a reasonable period of time after being notified by the Gra,ntee, contract suspension or termination procedures will be initiated pursuant to 24 CFR 85.43. II. TIME OF PERFORMANCE 3