Flushing Library Contract eBook

shall, unless there are compelling mitigating circumstances, charge the non-performing vendor for any difference in price resulting from the buy-against contract, together with any administrative charge established by the agency, and shall, as appropriate, invoke such other sanctions as are available. (b) Notice of Vendor Selection. (1) Frequency. Notice of award of buy-against contracts shall be published once in the City Record, within fifteen days after registration of the contract. (2) Content. Such notice shall include: (i) Agency name; (ii) Procurement Identification Number; (iii) Title and/or brief description of the goods or services procured; (iv) Name and address of the successor vendor and of the original vendor; (v) Dollar value of the replacement contract; and (vi) Summary determination of the basis for the buy-against procurement. Section 4-08 CONTRACTS FOLLOWING DEFAULT OR TERMINATION FOR CAUSE OF CONSTRUCTION AND CONSTRUCTION-RELATED SERVICE CONTRACTS. (a) Policy. The City may, as appropriate, default a contractor or terminate for cause in accordance with the terms of the contract and provide for timely completion of the work on a cost-effective basis. To that end, completion of the required work shall be accomplished in as expeditious and competitive a manner as practicable in accordance with these Rules. (b) Definition. Completion contracts are contracts entered into by an agency with a vendor for completion of all or part of the work of a construction or construction-related service contract. Completion contracts shall not be considered new procurements. (c) Application. Completion contracts shall be entered into pursuant to this section in cases where: (1) the contractor has been defaulted or terminated for cause; (2) there is no surety, or after a demand has been made by the agency, the surety either fails to perform its obligations in a timely manner or elects to tender COMPLETION OF

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