R2024-23 Resolution Accepting the Bid and Authorizing the Execution of a Contract with E.L. Pruitt Co., for the Decatur Public Library Chiller Replacement Project

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i #effi PAW 4.4.1.5.Assumptions,if M17y, hi 1,the r ♦ a NUxiffiufa P.iee is L___a: 3-4.3.6 To the extent that th e G em twae*D A-e.,—im-em ts ave.an ti e i pate d to Fe quif e fuFther-d eve 1 ap f ff ef it,the Guafafft e-e d- a-ad feaseffably infer-able thefeffem. Stieh ftii4hef develepffietA does not inelude ehang i ' ' ' I ems,kinds a* "ality of materials,fiffishes or-equipment,all of whieh,if r-equir-ed,shall be iff @or-per-ated by ChaRge Or-def. §3.4.3.7 The Owner-shall authefize preparation of Fevisiefis wa dhe contr-net Poemments that ifieafpefate the agFeed to the Cefitfaetaf.The Geatfaetor-shall notify the Owner-and Ar-ehiteet of my ineensisteff eies between the agreed ten' ARTICLE 4 PAYMENT §4.1 Progress Payments §4.1.1 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. §4.1.2 The period covered by each Application for Payment shall be one calendar month ending on the last day of the month,or as follows: §4.1.3 Provided that an Application for Payment is received by the Architect not later than the 5th day of a month, the Owner shall make payment of the certified amount to the Contractor not later than the last day of the following month.If an Application for Payment is received by the Architect after the date fixed above,payment shall be made by the Owner not later than Six (60)days after the Architect receives the Application for Payment. (Federal,state or local laws may require payment within a certain period of time) §4.1.4 For each progress payment made prior to Substantial Completion of the Work,the Owner may withhold retainage from the payment otherwise due as follows: (Insert a percentage or amount to be withheld as retainage from each Application for Payment and any terms for reduction of retainage during the course of the Work. The amount of retainage may be limited by governing law) 10% §4.1.5 Payfnents&e a*d tmpaid under-the Ceft4aet shall bear-ifi4er-est fiem the date payment is due at the fa+e state below,or-in the absenee ther-eefl,at the legal rate pr-eN,ailiag 4em tifne to time at the plaeewher-e the Pr-ejeet is IReated Init. AIA Document A104-2017(formerly A107T —2007).Copyright©1936,1951,1958,1961,1963,1966,1970,1974,1978,1987,1997,2007 and 2017.All rights reserved."The American Institute of Architects,""American Institute of Architects,""AIA,"the AIA Logo,and"AIA Contract Documents"are trademarks of 5 t The American Institute of Architects.This document was produced at 14:33:21 CT on 01/31/2024 under Order No.3104238599 which expires on 05/21/2024,is not for resale,is licensed for one-time use only,and may only be used in accordance with the AIA Contract Documents®Terms of Service.To report copyright violations,e-mail docinfo@aiacontracts.com. User Notes: (3139ADMD)