Laserfiche WebLink
4.3 �The Contractor shall achieve Substantial Completion of the entire Work not later than December 31, 2004 <br /> , • <br /> (Insert number of calendar days.Alternatively,a calendar date may be used when coordinated with the date of <br /> commencement. ilnless stated elsewhere in the Coniract Documents> insert any requirements for earlicr <br /> Subsiantial Completion of certain portions of the Work.) <br /> ,subject to adjustments of this Contract Time as provided in the Contract Documents. <br /> (Insert provisions,if any,for liquidated damnges relating to failure to complete on time,or for bonus payments <br /> for early completion of the Work.) <br /> ARTICLE 5 BASIS FOR PAYMENT <br /> 5.1 CONTRACT SUM <br /> 5.1.1 The Owner shall pay the Contractor the Contract Sum in current funds for the <br /> Contractor's performance of the Contract.The Contract Sum is the Cost of the Work as deFined <br /> in Article 7 plus the Contractor's Fee. <br /> 5.1.2 The Contractor's Fee is: See Rider <br /> (State a Iump sum,percentage of Cost of the Work or other provision for determining the Contractors Fee,and <br /> describe the method of adjustment of the Contractors Fee for changes in the Work.) I <br /> 5.2 GUARANTEED MAXIMUM PRICE <br /> 5.2.1 The sum of the Cost of the Work and the Contractor's Fee is guaranteed by the Contractor <br /> not to exceed See Rider pollars <br /> ($ ),subject to additions and deductions by Change Order as provided in the Contract <br /> Documents. Such maximum sum is referred to in the Contract Documents as the Guaranteed <br /> Maximum Price.Costs which would cause the Guaranteed Maximum Price to be exceeded shall <br /> be paid by the Contractor without reimbursement by the Owner. <br /> (Inser'i specific provisions if the Contractor is to participate in any savings.) <br /> III� <br /> C O <br /> O. .0 <br /> OO.�.00 <br /> 0 <br /> 5.2.2 The Guaranteed Maximum Price is based on the following alternates, if any, which are <br /> described in the Contract Documents and are hereb acce ted b the Owner: � �9 9� A I A� <br /> Y P Y AIA DOCUMENT Alll-1997 <br /> (State the numbers or other identification of accepted alternates.If decisions on other alternates are to be made OWNER-CONTRACTOR <br /> by the Owner subsequent to the execution of thisAgreement,attach a schedule of such other alternates showing AGREEMENT <br /> the amount for each and the date when the amount expires.) <br /> The American Institute <br /> of Architects <br /> 1735 New York Avenue,N.W. <br /> Washington,D.C.20006-5292 <br /> WARNING:Unlicensed photocopying violates U.S.copyright laws and will subject the violator ro legal prosecution. <br />