High-Rise Hotel & Casino Modernization

The Owner may wish to have the elevator system maintained by another technically qualified service provider and by submitting a bid for this project, the manufacturer shall guarantee that for a minimum of 20 years they will provide diagnostic tools, parts, technical support, and factory technician assistance.

Retention will be paid at completion of Consultant's punch-list. Owner and Owner's Representative reserves the right to reduce Contractor's retention amount to pay/compensate for any additional inspection or compliance reviews required due to Contractor's failure to comply.

Should any elevator become inoperative, repair within 24 hours of notification of such failure. Breakdown of major components shall be completed and service restored within 72 hours. Failure to comply with above, Owner's Representative may order the work done by other contractors at Contractor's expense.

Progress payments will be based on a mutually agreed upon schedule of values payment schedule. Initial deposit shall not exceed below as shown for 2026.

Annual price adjustments are capped at 4.0%.