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- 1 - <br />It, on the Contract completion date, the Contractor has n,ir <br />completed all work required by the Cnntract to be COmpleted <br />on that date, the ()wner will deduct from any monies due or <br />coming due to the Contractor an amount equal to $5U.00 for <br />each calendar Jay the construction operations are carried n•� <br />by the Contractor after the Contract completion date. <br />The total of the deductions specified above shall be <br />considered reasonable liquidated damages due to the owner from the Contractor for his failure to complete the proj t <br />- <br />(or porttons thereat) within the specified time. <br />Neither by the act of taking over the work nor by the <br />annuilmeit of the. Contract shall the owner forfeit the ri.jht <br />to recover liquidated damages from the Contractor for <br />failure to complete the project within the specified time. <br />The undersigned hereby agree(s) to pertorm the work above at thr' <br />quoted prices. <br />Comparison bids will be based on the total bid. <br />signed h.•raer,o,n-Caswell Inc, <br />!Firm Name) <br />Address 5115 1ni r 1 Street <br />Phone '- - <br />By Name of f rer signing <br />Firm n„me and his offtcial <br />capacity. <br />Gary Hart, President <br />Date December 6, 1595 _. <br />V*A <br />