【正文】 ................................................... 61 TIMING OF PAYMENTS..................................................................................................................... 61 DELAYED PAYMENT ........................................................................................................................ 62 PAYMENT OF RETENTION MONEY .................................................................................................. 62 STATEMENT AT COMPLETION........................................................................................................ 63 APPLICATION FOR FINAL PAYMENT .............................................................................................. 63 DISCHARGE ................................................................................................................................... 64 FINAL PAYMENT ............................................................................................................................ 64 CESSATION OF EMPLOYER’S LIABILITY....................................................................................... 64 CURRENCIES OF PAYMENT............................................................................................................ 65 15 TERMINATION BY EMPLOYER ........................................................ 66 NOTICE TO CORRECT ...................................................................................................................... 66 TERMINATION BY EMPLOYER ......................................................................................................... 66 VALUATION AT DATE OF TERMINATION .......................................................................................... 68 PAYMENT AFTER TERMINATION...................................................................................................... 68 EMPLOYER’S ENTITLEMENT TO TERMINATION ............................................................................. 68 16 SUSPENSION AND TERMINATION BY CONTRACTOR .......... 69 CONTRACTOR’S ENTITLEMENT TO SUSPEND WORK ..................................................................... 69 TERMINATION BY CONTRACTOR .................................................................................................... 69 CESSATION OF WORK AND REMOVAL OF CONTRACTOR’S EQUIPMENT ....................................... 70 PAYMENT ON TERMINATION ........................................................................................................... 71 17 RISK AND RESPONSIBILITY ............................................................ 71 INDEMNITIES ................................................................................................................................... 71 CONTRACTOR’S CARE OF THE WORKS .......................................................................................... 72 EMPLOYER’S RISKS ........................................................................................................................ 73 CONSEQUENCE OF EMPLOYER’S RISKS ......................................................................................... 73 INTELLECTUAL AND INDUSTRIAL PROPERTY RIGHTS.................................................................... 74 LIMITATION OF LIABILITY .............................................................................................................. 75 18 INSURANCE..................................................................................... 75 GENERAL REQUIREMENTS FOR INSURANCES ................................................................................ 75 INSURANCE FOR WORKS AND CONTRACTOR’S EQUIPMENT ......................................................... 77 INSURANCE AGAINST INJURY TO PERSONS AND DAMAGE TO PROPERTY ..................................... 79 INSURANCE FOR CONTRACTOR’S PERSONNEL .............................................................................. 80 19 FORCE MAJEURE............................................................................ 80 DEFINITION OF FORCE MAJEURE ................................................................................................... 80 NOTICE OF FORCE MAJEURE .......................................................................................................... 81 DUTY TO MINIMISE DELAY ............................................................................................................ 81 CONSEQUENCES OF FORCE MAJEURE ............................................................................................ 82 FORCE MAJEURE AFFECTING SUBCONTRACTOR........................................................................... 82 OPTIONAL TERMINATION, PAYMENT AND RELEASE ...................................................................... 82 RELEASE FROM PERFORMANCE UNDER THE LAW ......................................................................... 83 20 CLAIMS, DISPUTES AND ARBITRATION.......................................... 84 CONTRACTOR’S CLAIMS ................................................................................................................ 84 APPOINTMENT OF THE DISPUTE ADJUDICATION BOARD ............................................................... 86 FAILURE TO AGREEMENT DISPUTE ADJUDICATION BOARD .......................................................... 87 OBTAINING DISPUTE ADJUDICATION BOARD’S DECISION ............................................................ 87 AMICABLE SETTLEMENT ................................................................................................................ 89 ARBITRATION .................................................................................................................................. 89 FAILURE TO COMPLY WITH DISPUTE ADJUDICATION BOA