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a, , . � <br /> 3.2 The Contract Sum is determined as follows: LUMP SUM <br /> � �� <br /> ARTICLE 4 <br /> PROGRESSIPAYMENTS <br /> 4.1 The Owner shali make progress payments on the account of the Contract Sum to the Contractor as provided in the Contract <br /> Documents within 7 days of receipt of invoice. <br /> TERMS: 10%DEPOSIT AND COMPLETION DRAWS. <br /> � <br /> 4.2 Payments due and unpaid under the Contract Documents shall bear interest from the date payment is due at the rate entered <br /> below,or in the absence thereof,at the legal rate prevailing at the place of the Project. <br /> N/A <br /> ARTICLE 5 <br /> FINAL PAYMENT <br /> 5.1 Final payment,constituting the entire unpaid balance of the Contract Sum,shall be paid by the Owner to the Contractor when <br /> When the Work has been completed,the Contract fully performed,and a final invoice for payment has been issued by the <br /> Contractor. <br /> ARTICLE 6 <br /> ENUMERATION OF THE CONTRACT DOCUMENTS <br /> 6.1 The Contract Documents,which constitute the entire agreement befinreen the Owner and the Contractor,except for Change <br /> Orders issued after execution of this Agreemerrt,are enumerated as fotlows: PLANS. SPECIFICATIONS AND <br /> AGREEMENT. <br /> GENERAL CONDITIONS <br /> �"� . <br /> ARTICILE 7 <br />, CONTRACT D;OCUMENTS <br /> 7.1 The Contract Documents consist of this Agreement with General Conditions,other Conditions or Provisions(sheet 6 of�, <br /> the Drawings,the Specfications,Quotation Form,all Addenda issued prior to the execution of this Agreement,and all <br /> Change Orders(written changes in the Work). The intent of the�Contract Documents is to include all items necessary for <br /> -- the proper execution and completion of the Work. The Contracti Documents are complementary,and what is required by <br /> anyone shall be as binding as if required by all. Work not covered in the Contract Documents will not be required by the <br /> Contractor. Contractor is not required to perform items not included in Quotation Form. <br /> 7.2 Nothing contained in the Contract Documents shall create any contractual relationship between the Owner and any Sub- <br /> Contractor_ <br /> 7.3 By executing the Contract,the Contractor represents that he has visited the site and familiarized himseff with the local <br /> conditions under which the Work is to be performed. <br /> 7.4 The Work comprises the completed construction required by the Contract Documents and includes all labor necessary to <br /> produce such construction,and all materials and equipment incorporated or to be incorporated in such construction. <br /> 7.5 The term Work applies only to those items included in the Quotat�on Form and not necessarily all items required for completion <br />�I of entire Projeet or acquiring a Certificate of Occupancy. <br /> ARTICLE 8 <br /> ARCHITECT OR ENGINEER <br /> 8.1 The Architect or Engineer will provide plans nec:essary for petmitting. <br /> 8.2 The Architect or Engineer shall at all times have aocess to the Work wherever it is in preparation and progress. <br /> 8.3 The Architect or Engineer will not be required to make exhaustive or continuous on-site inspections to check the quality or <br /> quantity of the Work. <br /> 8.4 The Architect or Engineer will not have control or charge of and will not be responsible for construction means,methods, <br /> techniques, sequences or procedures,or for safety precautions and programs in connection with the Work,and he will not <br /> be responsible for the Contracto�s failure to carry out the Work in accordance with the Contract Documents. <br /> t� <br /> I �� <br /> 2 <br /> � <br />