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<br />(" <br /> <br />3.2 Ownce shall makc paymc[ of 'he PmjeCl Sum to ConteaCloe as SCI fonh be/ow, <br /> <br />The General Contractor shall invoice The SOuthland CorpOration's Invoice <br />Affidavit of Contractor and Subcontractor, form 8200047 (supplied by Owner <br />Payment request received should reflect work place to date of invoice. TI <br />net amount earned is th" total amount completed to date minus 107. retainag, <br />Draw Requests shall be Submitted to the Dwner on a tim.l~ basis. Final Dr, <br />Request shaU be submitted immedi.tdy foU",'ing date of Completion and Fi,. <br />Inspection and receipt of all Waivers of Lien. . <br /> <br />AUswo rn statements should have proper backup and suppa n i ve documentation <br />A genetal contractor's'Partial WaVier of Lien should be submitted (properly <br />endorsed and sealed) cOvering the total amOunt currently requested for <br />payment. Waivers of Lien must be submitted for each sub-contractor prior <br />to release of~he final Draw Request. No fin.l P'y.ent eequests will b, <br />processed unless properly executed waivers accomp.ny the invoice affidavit. <br /> <br />ARTlCLE IV <br /> <br />GUARANTY BOND <br /> <br />4. I COOle.Cloe ldmUl< (shall nOI) ob'ain a peefoemanee Oe suec,y bond ,n fon" acccp"blc '0 OwncL <br /> <br />OWNER SHALL NOT OBTAIN BUILDERS RISK INSURANCE. <br /> <br />ARTICLE V <br /> <br />ASSIGNMENT <br /> <br />5. I Ownee has se/eered Comea., oc 'S geneeal COnleaClOe foc the PmjeCl bccau", 0 f Con teacroe' span icuiae abi, <br /> <br />(he Agreemem. <br /> <br />to pefoem the Woek. Theeefoee. Comeacro; shall not be peemiued to assign, oe'bcokee, its dmies and obligations u <br /> <br />ARTICLE VI <br /> <br />6.1 The Work shall be commenced 10 days of commence-and completed <br />ment letter <br /> <br />TIME OF COMMENCEMENT AND C01\1PLETlOl\ <br /> <br />14 days <br /> <br />IN WITNESS WHEREOF. Owner and Contrac(or have execu(cd (he Agreement (his <br />--.::;rOd/, 19 "q~ <br />. , <br /> <br />//-& <br /> <br />day <br /> <br />OWNER: <br /> <br />'t:, <br />.(, , <br /> <br /> <br /> <br />By <br /> <br />AUes( <br /> <br />form 4400157 11188 <br />Page 2 01 6 <br />