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§ 4.2 The Contract Sum ix based upon the fallowing alternates, if any, which are described in the Contract Documents and arc hereby accepted by the Owner: - (Srate Nle numbers or other identificrrdon of neeelxed nl7ernnres. !f decisions o» oilier a6enmte.c ore ro he nmd< hr the Owner .tuba'equertt rothe execution of dti.r Ayreeurent, attach n schedu/e of such other nltenxue.e .rbowin,g the amount for each null dre Ante when that mm~um eapiresl Alternate No. 2- Furnish and install standing seam roof covering. § 4.3 Unit prices, if any..u'e as follows: ARTICLE 5 PAYMENTS § 5.7 PROGRESS PAYMENTS § 5.1.1 Based upon Applications for Payment submitted to the Architect by the Contractor and Certificates for Payment issued by the Architect, the Owner shall make progress payments on accomu of the Contract Sum to the Contractor as provided below and elsl:wbere in the Contract Documents. § 5.1.2 The period covered by each Applicatiodfor Payment shall be one calendar month ending on the last day of the month, or as follows: § 5.1.3 Provided chat an Application for Paymem is rcccivetl by [he Architect not later than the last dtgr of a month, the Owner shall make payment u? the Contrlctor not later than the 1 5th day of the following month. tf an Application for Payment is received by the Architect titter Ihu application date tixetl above, payment shall be made by the Owner not later than fifteen ( 1 5 )bays after tha Architect receives the Application tar Payment. § 5.1.4 Each Application Cot Payment shall be based on the most recem schedule of values submitted by the Coau;tcun' in accordance will the Contract Documents. The schedule of values shall allocate the entire Contract Sum among Urc various portions of the Wurk. The schedule of values shall be prepared in such form and supported by such data w substantiate its accuracy as the Architect may require. "Phis schedule. unless objected to by the Architect shall bx: used as a basis for reviea~ing the Conu:lctor's Applications for P:rynrent. § 5.1.5 Applications for Pacntem shall incGc;nc the pcrcrnut~e of eonq?letiun al carte portion of the. Work ns ul'thc coil ol'the period alccrcd by the Applicaion for Paxnrent. AIA Document A701ru- 1997. Copyright ~ 1915, 1918. 1925. 1937. 195(. 1956. 196 t. 1967, 1967. 197:1. 1977, 1980. 1987. 1991 and 199: 4y The American IOSIiIUIe of ArchilCCls. All fights re5ervetl- 1^/AHNIi1:3. 'I his AIA Oucum::m if: prolectetl 9y 11.1;. Copyright i.;r:r anti :nlemalinnal lrea'.e::. 3 UnaulhoriiCd re Prpd LClion ni diSUiUtllipn o' :his AIA Jn::lunenl, ur any uortinn J: il. nay rertll in srvere rivtl :m;l criminal p,in;dlics. :Inn c:~~l i>c orm;C0u1Ctl lu Ihl: maximum ?sl^nl P035ih1e antler th ~ b•:,. nprcllaSprS art penndletl to reproduce ten i 101 cOpieS of Ibis dOpOmCnl when complelod To IfpOfl Copyright Vip1a1i0n5 0l AIA DOn1raCl DP(,Umanl$. C~n10,1 PiR AmCriCanWlnSlilrnC 01 Archi1CC15 legal COpn5C1. Copyri(1h1~.liAOrfl. ~' 1