2-LIQUIDATED DAMAGES ACKNOWLEDGEMENT.pdf

CONTRACTOR ACKNOWLEDGMENT OF LIQUIDATED DAMAGES

FOR CONSTRUCTION PROJECTS

On behalf of my firm, I acknowledge the County may assess liquidated damages in the event that this construction project is not completed within the timeframe established in this Invitation to Bid (ITB).

Liquidated damages may be assessed if the Final Completion deadline date is not met by the Contractor.

Adjustments or extensions to the Final Completion date is only acceptable when in writing, issued by the Marion County Procurement Services Department in the form of a Revised Notice to Proceed or Change Order.

The contract time for this project is ___ calendar days including County observed holidays. No work is permitted during any holidays, weekends, or outside the established workday time frame, unless approved by the County forty-eight (48) hours in advance, in writing. Failure to complete work within the contract time will cause the charge of Liquidated Damages against the Contractor at the rate as determined under Section 8-10.2 of the FDOT Standard Specifications for Road and Bridge Construction FY 2024-2025. At or BEFORE the Pre-Construction Conference, Contractors shall submit a schedule for performing the work. The schedule shall be within the contract time allotted for this project and shall include tentative dates of performance. The Notice to Proceed will not be issued until all required documents are received and approved by the County. Time shall begin upon issuance of a Notice to Proceed by the County. Successful bidder must start work on this project within fifteen

(15) calendar days after the Notice to Proceed date; failure to adhere to this timeline may cause the bid to be rejected.

Amount of Liquidated Damages: Reference Section 8-10.2 of the FDOT Standard Specifications for Road and Bridge Construction FY 2024-2025, for fee schedule.

Contractor shall Close Out the project on or before the Final Completion date. Close Out is defined as having all work complete, all Punch list items corrected, As-Built Survey submitted, Final Inspection complete (and accepted), Reflectivity Reports submitted, Notice of NOI Termination submitted, and Final Invoice submitted.

Failure to accept the terms listed herein will be cause to deem your submittal non-responsive; it is a requirement of a complete and successful bid.

Contractor/Firm Name Contractor’s Authorized Representative (Print or Type) (Print Name, Title)

Date Signature

This document must be completed and returned with your Submittal