9001 AIRPORT RD BLDG 4 2025-10-27

SNO-ISLE TECH 2O23 SMALL WORKS Section 00 70 00, Page 68 McGRANAHAN ARCHITECTS GENERAL CONDITIONS .7 use its best efforts to sell any property of the types referred to in subparagraph 14.4.1.6. The Contractor shall not be required to extend credit to any buyer, and may acquire any such property under the conditions prescribed by and at a price or prices approved by the Owner, and the proceeds of any such transfer or disposition may be applied in reduction of any payments to be made by the Owner to the Contractor; .8 take such action as may be necessary or as directed by the Owner to preserve and protect the Work and property related to this Project in the possession of the Contractor in which the Owner has an interest; and .9 continue performance only to the extent not terminated. 14.4.2 The Contractor shall, from the effective Date of Termination until the expiration of three (3) J i years after final settlement under this Contract, preserve and make available to the Owner, at all reasonable times at the office of the Contractor, and without charge to the Owner, all books, records, documents, photographs and other evidence bearing on the costs and expenses of the Contractor under this Contract and relating to the terminated or completed Work. 14.4.3 In arriving at any amount due the Contractor after termination, the following shall apply: .1 The Contractor shall refund to the Owner any amounts paid by the Owner to the Contractor in excess of costs reimbursable under paragraph 14.3. .2 The damages and relief from termination by the Owner specifically provided in Article 14 shall be the Contractor's sole entitlement in the event of termination. END OF SECTION mcg-ARC 2120.000 February 28, 2023