Skip to main content

Search the Special Collections and Archives Portal

upr000198 52

Image

File
Download upr000198-052.tif (image/tiff; 26.42 MB)

Information

Digital ID

upr000198-052
    Details

    Rights

    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

    Digital Provenance

    Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

    Publisher

    University of Nevada, Las Vegas. Libraries

    % r a t e s as s im i l a r work i s h e r e in c o n tr a c te d t o be pa id f o r ; and, i f such work i s not s im i l a r t o th a t h e r e in c o n tr a c t e d f o r , the C o n tr a c to r s h a l l submit in fo rm a t io n c o n c e rn in g th e natu re o f th e same t o th e E n gin eer b e f o r e such work i s commenced and i t s h a l l be c l a s s i f i e d as " e x t r a work" and pa id f o r a t p r i c e s t o be agreed upon between th e E n gin eer and th e C o n t r a c to r , p r i o r to th e com­mencement o f the same; b u t, i f th e C o n tr a c to r and th e E n gin eer are unable t o a g r e e upon a p r i c e f o r such e x t r a work, th e R a ilr o a d Company may e n t e r i n t o a c o n t r a c t w ith any o th e r p a r t y or p a r t i e s f o r i t s e x e c u tio n o r may i t s e l f perfor*m any and a l l such e x t r a work th e same as i f t h i s c o n t r a c t had n e v e r e x i s t e d . In case the C o n tr a c to r does not p r e s e n t a c la im i n w r i t i n g t o the E n gin eer on account o f the d i s s i m i l a r i t y i n th e work by rea son o f such change w it h in te n days a f t e r such change has been e x p la in e d , th e Con­t r a c t o r s h a l l be f o r e v e r estopped from making any c la im t h e r e f o r . S e c t io n 10. TERMS OF PAYMENT The terms o f payment s h a l l be as f o l l o w s : During th e p r o g r e s s o f th e work th e E n gin eer s h a l l cause e s tim a te s t o be made- o f th e amount o f work done and/or m a t e r ia ls fu r n is h e d du rin g each c a le n d a r month and about th e t w e n t ie t h day o f th e su cced in g month th e v a lu e o f th e same based on th e p r i c e or p r i c e s a f o r e s a i d , l e s s a r e s e r v e fund Qf te n (10) p er c e n t, which s h a l l be h e ld by th e R a ilr o a d Company as s e c u r i t y f o r th e com p le tio n o f th e whole work in i t s s e v e r a l p a r t s , s h a l l be paid t o th e C o n t r a c to r and i f , a t th e tim e h e r e in s p e c i f i e d f o r th e com p le tio n o f th e work, each and e v e r y p a r t o f th e work has been done i n accordance w ith th e p r o v i s i o n s h e r e o f and d e ­l i v e r e d up t o th e R a ilr o a d Company f r e e o f a l l cla im s and l i e n s and, i f th e C o n tr a c to r s h a l l have done and perform ed a l l th e covenants and u n dertakin gs on th e p a r t o f th e C o n tr a c to r h e r e in mentioned t o be done and p erform ed , th e R a ilr o a d Company s h a l l , s u b je c t t o th e p r o v i s i o n s o f S e c t io n 11 h e r e o f , pay o v e r t o the C o n tr a c to r a l l o f s a id r e s e r v e fund. S e c t io n 11. RESERVE FUND In th e e v e n t th a t th e bond g i v e n by th e C o n tr a c to r as r e q u ir e d i n S e c t io n 4 h e r e o f i s i n s u f f i c i e n t , in th e o p in io n o f th e R a i l r o a d Company, t o p r o t e c t i t s i n t e r e s t , th e R a ilr o a d Company s h a l l not be o b l i g a t e d t o pay s a id r e s e r v e fund o f ten (10) p er cent t o th e C o n t r a c to r im m ed ia tely upon th e c om p letio n Of th e work, but s h a l l have th e r i g h t , a t i t s o p t io n , t o r e t a i n such p o r t i o n o f s a id r e s e r v e fund as i t d e s i r e s u n t i l th e time a l l o t t e d by law f o r th e f i l i n g o f l i e n s upon o r a g a in s t th e work s h a l l have e x p ir e d , and u n t i l a l l l i e n s f i l e d upon o r a g a in s t th e work s h a l l have been f u l l y p a id . S e c t io n 12. ESTIMATES No e s tim a te s made under any o f th e f o r e g o i n g p r o v is io n s o f t h i s c o n t r a c t (e x c e p t the '•'Final" e s tim a te made upon th e term ­i n a t i o n o f the C o n t r a c t o r 's work hereunder) s h a l l be construed or c o n s id e r e d as f i n a l or c o n c lu s iv e a g a in s t th e R a ilr o a d Company i n r e s p e c t t o the amount o f work done and/or m a t e r ia ls fu r n is h e d , 5