Specifications

SECURITY CAMERA SYSTEM UPGRADE AND REPLACEMENT
FOR MONTGOMERY COUNTY DETENTION CENTER
GENERAL CONDITIONS GC-47
discretion. The Board may make settlement with the insurers or may notify the party filing such
objection in writing within ten (10) days after the Board's receipt of the objection of the Board's
decision to disregard the objection.
11.3.11 Partial occupancy or use in accordance with Paragraph 9.8 shall not commence until
the insurance company or companies providing property insurance, if any, have consented to such
partial occupancy or use by endorsement or otherwise. The Board and the Contractor shall take
reasonable steps to obtain consent of the insurance company or companies, if any, and shall, without
mutual written consent, take no action with respect to partial occupancy or use that would cause
cancellation, lapse or reduction of any such insurance.
11.4 Performance Bond and Payment Bond
11.4.1 The Contractor shall furnish a bond to the Board covering faithful performance of the
Contract and payment of obligations arising thereunder in the amount equal to one hundred percent
(100%) of the Contract Sum. Said bond shall be conditioned upon the faithful performance of the
Contract. Said bond shall be drafted and executed according to the form mandated by Ohio Revised
Code Chapter 153. The surety for said bond shall be a responsible surety company authorized to
do business in the State of Ohio. The attorney in fact who executes the required bonds on behalf of
the surety shall affix thereto a certified and current copy of his or her power of attorney indicating
the monetary limit of such power.
11.4.2 Upon the request of any person or entity appearing to be a potential beneficiary of bonds
covering payment of obligations arising under the Contract, the Contractor shall promptly furnish
a copy of the bonds or shall permit a copy to be made.
11.4.3 The Contractor shall keep the surety informed in writing of the progress of the Work, and,
obtain where necessary, in writing, the surety's consent to, or waiver of: (1) notice of changes in the
Work; (2) request for reduction or release of retention; (3) request for final payment; and (4) any
other material required by the surety. The Board shall be notified by the Contractor, in writing, of
all written communications with the surety. The Board may, in its sole discretion, inform the surety
of the progress of the Work and obtain consents as necessary to protect the Board's rights, interest,
privileges and benefits under and pursuant to any bond issued in connection with the Work.
11.4.4 The Board, in its sole discretion, may reduce the bond required by twenty-five per cent of
the total amount of the bond after at least fifty per cent of the work contracted for has been
completed and by fifty per cent after at least seventy-five per cent of the work contracted for has
been completed provided that all of the following conditions are met:
11.4.4.1 The Board determines that the percentage of the work that has been completed
at the time of determination has been satisfactorily performed and meets the
terms of the Contract, including any provision in regard to the time when the
whole or any specified portion of work contemplated in the Contract must be
completed;
11.4.4.2 The Board determines that no disputed claim caused by the contractor exists
or remains unresolved;