The Contractor shall fully complete the improvements for Site 1 no later than October 31, 2025. Full completion for Site 1 shall be defined as all Site 1 work including punch list items completed, and all improvements ready for final acceptance. Should the Contractor fail to fully complete the work in this timeframe, liquidated damages of One Thousand Dollars ($1,000.00) per calendar day will be assessed for work not fully completed within the designated Contract term(s). The Contractor shall fully complete the improvements for Site 2 within ten (10) working days. Full completion for Site 2 shall be defined as all Site 2 work including punch list items completed, and all improvements ready for final acceptance. Should the Contractor fail to fully complete the work in this timeframe, liquidated damages of One Thousand Dollars ($1,000.00) per calendar day will be assessed for work not fully completed within the designated Contract term(s).The City of Ankeny does hereby reserve the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the City.
