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evidence reusonably indicnting the probable filing of such claims;(v)Any failure by Subcontructor to make <br /> payments to its subcontractors,suppliers,or laborers for the work; (vi)Any failure to carry out the Work m <br /> accordance with the Subcontract; {vii)There is substantial evidence reasonably estabiishing that the Work <br /> is not progressing in accordance with, or will not be completed within, the Schedule, or (viii) Failure by <br /> Subcontr�cror to furnish certificates of insurance m compliance with Sec[ion I](d)or bonds in compliance <br /> with Section 20. Without limitation of the foregoing, in no event shall Subcontractor be entitled to receive <br /> any form of payment unless 1nd until Contracror has received payment therefore from Owner. <br /> 2(c•). Accepta►ice of the Work Neither any certificate given nor any payment made under this <br /> Subcontract shall be considered acceptance of the Work, either in whole or in part. Subcontractor sh�ll <br /> remain responsible and liable for its performance being in strict compliance with this Subcontract and the <br /> Prime Conlract. <br /> 2(d). Final Billing and Fina!Payn:ent. Final billing from Subc;ontractor, includmg billing for <br /> any Change Orders, must be submitted to Contractor not later than thirty (30)days after completion of the <br /> Work. Failure to submit said billing within such time shall be an absolute waiver of an;y right of <br /> Subcontractor ro daim�ny further payment from Contracror. Final payment shall become payable ten(10) <br /> days after the occurrence of a1] of the following: (i) final completion of the Project; (ii) final written <br /> acceptance thereof by Owner;and(iii)receipt of full payment therefore by Contractor. Acceptance of final <br /> payrnent by Subcontractor constitutes a General Release of Contractor,Owner and Contractor's surety <br /> 2(e). Paynients by Sr�bcontractor. Subcontractor shall pay all bills, invoices, charges and the <br /> like, for all labor,services,equipment,and materials acquired or used by Subcontractor for performance of <br /> the Work, at the time that payment thereon is due. Failure Uy Subcontractor to do s� sh�ll c�onstilute a <br /> material breach of this Subcontrnct and an event of default. <br /> 3{�r). Appeals. Contractor may, upon the written request of Subcontractor, appeal on behalf of <br /> Subcontractor from 1ny ruling or decision by Owner,the Architect or the Engineer,or institute any achon <br /> ur proceeding ro recover damages by reason of any ntfirm�Uve claim by Subcontractor or by renson of any <br /> deduction or refusal to pay by Owner, for any reason, involving the Work or the performance of <br /> Sub�on[ractor. In [hat event, Subcontractor shall p1y all costs attributable thereto and shall render all <br /> usa�stance reyuested by Contractor Subcontractor shall be bound by the determinahon of Ownei•, the <br /> Archrtect or Engineer or, in the event of an appeal or further action or proceeding, by the determination of <br /> the same,and shall be entided only ta �ts proportionate share of any actual ne1 recovery, less ovf>rhead and <br /> profit to Contractor and less Contractor's expenses and attorney's fees in handling said matter, <br /> Subcontractor hereby waives and releases any 1nd all claims, causes of action, and rights to further <br /> payment beyond the Subcontract price,except as Conlrlctor may rece�ve funds or extensions of time from <br /> the Owner relating to the Subcontractor's Work or performance. <br /> 3(b}. No Delay Becatrse of Claim. Subcontractor sha11 not delay or stop Work because of the <br /> pendency or denial of any claim or becluse of the continuance of any conditions out of which su�:h claim is <br /> alleged ta have arisen. Rather, Subcontractor shall proceed diligendy in the performan�e of this <br /> Subcontract until this Subcontract has been fully performed. <br /> 3(c). Claims. Any claim of Subeontr�etor for �dditional compensation, hme., or other <br /> consider�tion ansing out of or relating to the Subcontr�ct or the Work to be performed hereunder shall Ue <br /> waived unless such claim is set forth in detail in� written notice to Contractor,and delivered ro Contracror <br /> as soon�s reasonable in the circumstances, but in any event no later than ten(10) calendar daus �fter the <br /> accurrence of any condition out uf which such claim allegedly;trises. <br /> 4{a). Tiniely Progress of fhe Work. Subconh•acror recognizes xnd assumes C'ontractor's <br /> obVigation to Owner for timely progress upon, and completion of, the Work and each pt�r[ [hereof, and <br /> agrees thlt time is of the essence in the performance of the Work. At all times prior to ,ind during <br /> performance of the Work,Subcontracror shall become and remain knowledgeable about the progress of the <br /> Project, and shAll make any and all arrangements and adjustments necessary to coordinate its Work with, <br /> and not impede, that of Contractor and others. Subcontracror agrees to perform the Work m accordance <br /> with Contracror's schedule for the Project (hereinafter "Schedule") Subcontractor acknowledges that he <br /> hns satisfied himself as ta ►he contents of the Schedule prior to execution of this Subcontract. <br /> i3o6-ts-3oo <br /> ?nge 3 of 13 <br /> Subcontract Agreement(L.ong Foini) <br /> Reviscd 06/08l10 <br />