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<br />City of Sunny Isles Beach <br /> <br />17070 Collins A venue, Suite 250, Sunny Isles Beach, Florida 33 I 60 <br />(305) 947-0606 phone (305) 949-3113 Fax <br /> <br />3. Transfer all work in process, completed work and <br />other materials related to the terminated work to <br />the City. <br /> <br />4. Continue and complete all parts of that work that <br />have not been terminated. <br /> <br />b. Termination for Convenience of City. The City may, for its convenience and <br />without cause terminate the services then remaining to be performed in the event the Contractor <br />is placed either in voluntary of involuntary bankruptcy or makes any assignment for the benefit <br />of creditors. <br /> <br />c. Termination for Insolvencv. The City also reserves the right to terminate the <br />remaining services to be performed in the event the Contractor is placed either in voluntary or <br />involuntary bankruptcy or makes any assignment for the benefit of creditors. <br /> <br />11. ASSIGNMENTS. TRANSFERS. SUBCONTRACTING. The Contractor shall not <br />subcontract, assign or transfer any work under this Contract without the prior written consent of <br />the City. Should the Contractor subcontract any services under this Contract, it shall be done <br />with continued liability for the Contractor. The Contractor shall remain responsible for services, <br />responsibilities and liabilities of any person or entity acting under Contractor. <br /> <br />12. TIME OF COl\'IPLETION. The services to be rendered by the Contractor shall be <br />commenced upon execution of this contract and shall be completed within the time specified in <br />this Contract. A reasonable extension of time shall be granted in the event the work of the <br />Contractor is delayed or prevented by the City or by circumstances beyond the reasonable <br />control of the Contractor including weather conditions of acts of God which render the <br />performance of the Contractor's duty impracticable. <br /> <br />13. AUTHORITY TO PRACTICE. Contractor hereby represents and warrants that it has, <br />and will continue to maintain, all licenses and approvals required to conduct its business and that <br />it will at all times conduct its business activities in a reputable manner. Proof of such licenses <br />and approvals shall be submitted to the City prior to commencement of work under this Contract. <br /> <br />14. MODIFICATIONS OF WORK. The City reserves the right to make changes in the <br />work, including alterations, reductions or additions thereto. Upon receipt of the City's <br />notification of a contemplated change, the Contractor shall (1) if requested by the City, provide <br />an estimate for the increase or decrease in cost due to the contemplated change, (2) notify the <br />City of any estimated change in completion date, and (3) advise the City in writing if the <br />contemplated change shall affect the Contractor's ability to meet the completion dates or <br />schedules of this Contract. <br /> <br />15. ARBITRATION. It is the intention of the parties that whenever possible, if a dispute or <br />controversy arises hereunder then such dispute or controversy shall be settled by arbitration in <br />accordance with the procedures, rules and regulations of the American Arbitration Association. <br />The decision rendered by the Arbitrator shall be final and binding upon the parties and judgment <br />6 <br /> <br />Tenex Construction Term Contract C <br />Attomey/Contracts/ch <br />