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-z- <br />It, un the Contract completion date, the Contractor has not <br />completed all work required by the Contract to be completed <br />on that date, the owner will deduct from any monies due or <br />coming due to the Contractor an amount equal to $5o.00 for <br />each calendar day the construction operations are carried on <br />by the Contractor after the Contract completion date. <br />The total of the deductions specified above shall be <br />considered reasonable lululdated 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 />annulment of the Contract shall the owner forfeit the right <br />to recover liquidated damagesfromtthe Contractorhin the for <br />ed tlme. <br />failure to complete the project <br />The undersigned hereby agree(s) to perform the work above at the <br />quoted prt.ec. <br />Comparison bids will be based on the total bid. <br />ti —e,-, <br />irm amel <br />By i- <br />e of f r s gn <br />rm me and ficial <br />capacity <br />Date <br />�t <br />