AG 2003 11 17 - Laserfiche WebLink

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3.1 The date of commencement of the Work shall be the date of this Agreement unless a different date is stated below or provision is made for the date to be fixed in a notice to proceed issued by the Owner. (Insert the date of commencement if it differs from the date of this Agreement or, if apph'cable, state that the date will be fixed in a notice to proceed.) Date of commencement shall be the day a building permit is first available from Cabarrus County. Ins0ection Dept. If, prior to the commencement of the Work, the Owner requires time to file mortgages, mechanic's liens and other security interests, the Owner's time requirement shah be as follows: 3.2 The Contract Time shah be measured from the date of commencement. 3.3 The Contractor shall achieve Substantial Completion of the entire Work not later than 90 !ninety} calondOrdays from the date of commencement, or as follows: (Insert number of calendar da~s. Altemativell4 a calendar date ma), be used when coordinated with the date of commencement. Unless stated elsewhere m the Contract Documents, insert any requirements for earh'er Substantial Completion of cettaln portions of the Work.) , subject to adjustments of this Contract Time as provided in the Contract Documents. (Insert provisions, i/an),, for h'quidated damages relating to failure to complete on time or for bonus payments for earl), compleaon of the Work.) ARTICLE 4 CONTRACT SUM 4.1 The Owner shah pay the Contractor the Contract Sum in current funds for the Contractor's performance of the Contract. The Contract Sum shah be One hundred twenty thousand eight hundred ninety three Dollars ($ 120.893.00 ), subject to additions and deductions as provided in the Co~tract Documents. 4.2 The Contract Sum is based upon the following alternates, if any, which are described in the Contract Documents and are hereby accepted by the Owner: (State the numbers or other identification of accepted Mternates. If decisions on other alternates are to be made by the Owner subsequent to the execution oftMs Agreement, attach a schedule of such other alternates showing the amount for each and the date when that amount exptves) Bath©use Alternates 1.2. & 3 Boathouse Altemate 1 ' 4.3 Unit prices, if any, are as follows: THIS DOCUMENT HA5 IMPORTANT LEGAL C ONS£ OU£NCES. CONSUL TA TION WITH AN ATTORN£Y 15 ENCOURAGED WITH RESPECT TO ITS COMPLETION OR MODIFICATION. AUTH£NTICA TION OF THIS ELECTRONICALLY DRAFTED AIA DOCUMENT MAY BE MADE BY USING ,4IA DOCUMENT D401. AIA Document A201-1997, General Conditions of the Contract for Construction, is adopted in this document by reference. Do not use with other g~neral conditions unless this document is modified. This document has been approved and endorsed by The Associated General Contractors of America. ARTICLE 5 PAYMENTS l. 5.1 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 account of the Contract Sum to the Contractor as provided below and elsewhere in the Contract Documents. 5.1.2 The period covered by each Application for Payment shah be one calendar month ending on the last day of the month, or as follows: O1~7 AIA~ AIA DOCUMENT A101-1997 OWNER-CONTRACTOR AGREEMENT 5.1.3 Provided that an Application for Payment is received by the Architect not later than the fir~tday of a month, the Owner shah make payment to the Contractor not later than the The American Institute of Architects 1735 New York Avenue, N.W. Washinston, D.C. 20006-5292 © 1915, 1918, 1925, 1937, 1951, 1958, 1961, 1963, 1967, 1974, 1977, 1987, © 1997 by The American Institute of Architects. Reproduction of the material herein or substantial quotation of its provisions without written permission of the AIA violates the copyrisht laws of the United States and will subject the violator to lesal prosecution. WARNING: Unlicensed photocopyin8 violates US copyrisht laws and will subject the violator to lesal prosecution. This document was electronically produced with permission of the AIA and can be reproduced in accordance with your license without violation until the date of expiration as noted below, expiration as noted below. User Document: campspencercontract.aia - 10/31/2003. AIA License Number 1135568, which expires on 4/2/2004.