180-26 Agreement for 2025 CDBG Standish Avenue and Fremont Place-Final.pdf

3 Contractor acknowledges and agrees that a portion of the funding for this Agreement is from grant funding from the Essex County Housing and Community Development Office and that it shall comply with all requirements pertaining to the grant award from the Essex County Housing and Community Development Office. In addition, Contractor agrees that is shall not act in any manner to affect the Township’s eligibility for the grant award from the Essex County Housing and Community Development Office. 4. NOT-TO EXCEED AMOUNT Total compensation under this Agreement shall not exceed $881,281.00 (the “Not-to- Exceed Amount”) without a further written encumbrance and additional authorization by resolution of the Township Council. 5. TERM The term of this agreement shall commence on _____________, and all construction shall be completed within ninety (90) days, unless earlier terminated in accordance with the provisions set forth in Section 16, below. 6. NEW JERSEY LAW This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey notwithstanding any provisions of such laws relating to jurisdiction. 7. PARTIAL INVALIDITY If any term, condition, or provision of this Agreement or the application thereof to any person or circumstance shall, at any time, or to any extent, be invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision to persons or circumstances other than those to which this Agreement is invalid or unenforceable, shall not be affected thereby, and each term, condition, and provision of this Agreement shall be valid and enforced to the fullest extent permitted by law, provided, however, that no such invalidity shall in any way reduce the services to be performed by the Contractor for the Township.