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-i- <br />If, on the Contract completion date, the Contractor hae not <br />completed all work required by the Contract to be cumplet.-d <br />on that dat-r, the owner w111 deduct from any monies due or <br />coming due to the Contractor an amount equal to $50.00 for <br />each calendar day the construction operations are carried <br />by the Contractor alter the Contract completion dole. <br />The total of the deductions specifted above shall be <br />considered reasunable liquidated damages due to the owner <br />from the Contractor for his failure to complete the project <br />(or portions thereof) within the specified time. <br />Neither by the act of taking over the work nor by the <br />annullment of the Contract shall the Owner forfeit the right <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 perform the work above at the <br />quoted prices. <br />Comparison bids will be based on the total bid. <br />t <br />Si,lned <br />(Firm Name) <br />Address .6:00 Industg Ave NIL_ __ <br />.ANOKA, Nd 55303 <br />Phone <br />by _AWN E. kenner, PkS'__1- <br />Name of officer signing <br />;irm name and his official <br />capacity. <br />Date Id/10/85 <br />