Stockton Municipal Code

Chapter 3
ADMINISTRATIVE

Part IX
BIDDING, CONTRACTING, AND PURCHASING PROCEDURES

Division III
CONTRACT PROVISIONS

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SEC. 3-115. TIME OF COMPLETION:
The contract shall specify the time within which the supplies or services shall be furnished to the City of Stockton and may provide for liquidated damages for failure to comply. The City may extend such time for acts of the City of Stockton, acts of God, weather, strikes, or other circumstances over which the contractor has no control.
(Added by Ordinance 045-92C.S. — Effective Dec. 3, 1992)

SEC. 3-116. BONDS:
Whenever the City deems it advisable, a performance bond and/or labor and materials bond may be required on any contract in an amount up to one hundred percent (100%) of the contract price for each bond. Such bonds shall be approved by the City Finance Director.
(Added by Ordinance 045-92C.S. — Effective Dec. 3, 1992)

SEC. 3-117. FAILURE OF COMPLETION:
In case of the failure on the part of the contractor to complete the contract within the time specified in the contract or within any extension of such time as herein provided, the contract may be terminated and the contractor shall not be paid or allowed any further compensation for any work done under such contract. The City of Stockton may proceed to complete such contract either by reletting or otherwise, and the contractor and the surety, if any, shall be jointly and severally liable to the City of Stockton for all loss or damage which the City of Stockton may suffer on account of the failure to complete the contract on time.
(Added by Ordinance 045-92C.S. — Effective Dec. 3, 1992)