How many days does the City allow for an additional cure period if the Contractor defaults?

The correct answer is five days, which reflects the standard practice for many contractor agreements, particularly those governed by municipal regulations. In the context of a contractor default, the five-day additional cure period serves as a crucial timeframe that allows the contractor a chance to rectify the identified issues or defaults. This encourages accountability and provides a structured opportunity for resolution, aiming to prevent further disruptions in the project timeline or the contractual relationship.

This approach is aligned with the principles of fairness and cooperation in contractual obligations, giving the contractor sufficient time to respond without unduly prolonging the problem for the City. It balances the need for timely completion of projects with the rights of the contractor to correct any shortcomings that may have led to a default. Having a clearly defined timeframe helps manage expectations for both parties involved in the contract.