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§4.2 Final Payment
<br /> §4.2.1 Final payment,constituting the entire unpaid balance of the Contract Sum,shall be made by the Owner to the
<br /> Contractor when
<br /> .1 the Contractor has fully performed the Contract except for the Contractor's responsibility to correct
<br /> Work as provided in Section 18.2,and to satisfy other requirements,if any,which extend beyond
<br /> final payment;
<br /> .2 the Contractor has submitted a final accounting for the Cost of the Work,where payment is on the
<br /> basis of the Cost of the Work with or without a Guaranteed Maximum Price;and
<br /> .3 a final Certificate for Payment has been issued by the Architect in accordance with Section 15.7.1.
<br /> §4.2.2 The Owner's final payment to the Contractor shall be made no later than 30 days after the issuance of the
<br /> Architect's final Certificate for Payment,or as follows:
<br /> ARTICLE 5 DISPUTE RESOLUTION
<br /> §5.1 Binding Dispute Resolution
<br /> For any elai .stibjeet to,bw not r-eselved by,...edict.:, pur-seafft to Seet: 21.E claim,the method of binding
<br /> dispute resolution shall be as follows:
<br /> (Check the appropriate box)
<br /> [ ] Arbitration pursuant to Section 21.6 of this Agreement
<br /> [X] Litigation in a court of competent jurisdiction
<br /> [ ] Other(Specify)
<br /> If the Owner and Contractor do not select a method of binding dispute resolution,or do not subsequently agree in
<br /> writing to a binding dispute resolution method other than litigation,claims will be resolved in a court of competent
<br /> jurisdiction.
<br /> ARTICLE 6 ENUMERATION OF CONTRACT DOCUMENTS
<br /> §6.1 The Contract Documents are defined in Article 7 and,except for Modifications issued after execution of this
<br /> Agreement,are enumerated in the sections below.
<br /> §6.1.1 The Agreement is this executed AIA Document A 104Tm-2017,Standard Abbreviated Form of Agreement
<br /> Between Owner and Contractor.
<br /> /1.,...,..4 the daAee of Me E,203 2013 i ,.t d into this A,.,..,,,,....,.,.t 1
<br /> §6.1.3 The Supplementary and other Conditions of the Contract:
<br /> Document Title Date Pages
<br /> The Supplementary and other Conditions of the Contract are included in Exhibit A.
<br /> §6.1.4 The Specifications:
<br /> (Either list the Specifications here or refer to an exhibit attached to this Agreement.)
<br /> Init. AIA Document A104—2017(formerly A107TM—2007).Copyright @ 1936,1951,1958,1961,1963,1966,1970,1974,1978,1987,1997,2007 and 2017.All
<br /> rights reserved.'The American Institute of Architects,""American Institute of Architects,""AIA,"the AIA Logo,and"AIA Contract Documents"are trademarks of 6
<br /> 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
<br /> 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
<br /> violations,e-mail docinfo@aiacontracts.com.
<br /> User Notes: (369ADA3D)
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