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Site work, paving and renovation of a mixed-use development in San Antonio, Texas. Completed plans call for the renovation of a educational facility; for site work for a educational facility; for paving for a educational facility; sidewalk / parking lot; sidewalk / parking lot; and sidewalk / parking lot.

In the event the Contractor fails to achieve Substantial time, the Owner will be damaged thereby. The Contractor and Owner jointly agree that the amount of said damages is difficult if not impossible of definite ascertainment and proof. The Contractor and Owner hereby agree that the sum of $1,250.00 per calendar day, starting on the first day of the delay and ending on the day Substantial Completion of the entire work is declared, is a reasonable and appropriate set amount of the damages which will be incurred by the Owner for each day of delay. The Contractor recognizes this amount is liquidated damages and not a penalty of any kind. In the event that the Contractor achieves Substantial Completion then fails to complete all punch list items satisfactorily within the prescribed period for completion of the punch list, the Owner may reinstate claim for liquidated damages at the rate of $250.00 per consecutive calendar day until the punch list is complete.

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Educational

$4,800,000.00

Public - County

Paving, Renovation, Site Work

127

28

29

3

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February 22, 2022

March 23, 2022

June 30, 2023

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7111 Huebner Rd, San Antonio, TX

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