Site work and paving for a civil project in Verona, Wisconsin. Completed plans call for site work for a road / highway; for paving for a road / highway; and water / sewer project.

The major work consists of the following items: Approximately 1,064 linear feet of 10-inch watermain, 4,200 square yards of turf restoration, 37 square yards of channel restoration, 45 square yards of pavement removal and replacement, and all appurtenant work. Est. Value:$ 300,000.00. Contractor and Owner recognize that time is of the essence as stated in Paragraph 4.01 above and that Owner will suffer financial loss if the Work is not completed within the times specified in Paragraph 4.02 above, plus any extensions thereof allowed in accordance with Article 11 of the General Conditions. The parties also recognize the delays, expense, and difficulties involved in proving in a legal or arbitration proceeding the actual loss suffered by Owner if the Work is not completed on time. Accordingly, instead of requiring any such proof, Owner and Contractor agree that as liquidated damages for delay (but not as a penalty), Contractor shall pay Owner $500.00 for each day that expires after the time specified in Paragraph 5.02 above for Substantial Completion until the Work is substantially complete. B. After Substantial Completion, if Contractor shall neglect, refuse, or fail to complete the remaining Work within the Contract Time or any proper extension thereof granted by Owner, Contractor shall pay Owner $250.00 for each day that expires after the time specified in Paragraph 4.02 for completion and readiness for final payment until the Work is completed and ready for final payment.