R2003-170 AUTHORIZING WATER MAIN AGREEMENT

Home Browse Search

and recei��ed payment therefor from the Owner,or (2) the Owner has deposited funds wiih the Contractor with which to make payments; otherwise, cash discounts shall accrue to the Contractor. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner,and the Contractor shall make provisions so that they can be secured. 9.2 Amounts that accrue to the Owner in accordance with the provisions of Paragraph g.i shall be credited to the Owner as a deduction from the Cost of the Work. ARTICLE 10 SUBCONTRACTS AND OTHER AGREEMENTS 10.7 Those portions of the Work that the Contractor does not customarily perEorm with the Contractor's own personnel shall be performed under subcontracts or by other appropriate agreements with the Contractor. The Owner may designate specific persons or entities from whom the Contractor shall obtain bids.The Contractor shall obtain bids from Subcontractors and from suppliers of materials or equipment fabricated especially for ihe Work and shall deliver such bids to the Architect.The Owner shall then determine,with the advice of the Contractor and the Architect, which bids will be accepted. The Contractor shall not be required to contract �vith anyone to whom the Contractor has reasonable objection. 10.2 If a specific bidder among those whose bids are delivered by the Contractor to the Architect (i) is recommended to the Owner by the Contractor; (2) is qualified to perform that portion of the Work; and (3) has submitted a bid that conforms to the requirements of the Contract Documents without reservations or exceptions, but the Owner requires that another bid be accepled>then the Contractor may require that a Change Order be issued to adjust the Guaranteed Maximum Price by the difference between the bid of the person or entity recommended to the Owner by the Contractor and the amount of the subcontract or other agreement actually signed with the person or entity designated by the Owner. 10.3 Subcontracts or other agreements shall conform to the applicable payment provisions of this Agreement,and shall not be awarded on the basis of cost plus a fee without the prior consent of the Owner. ARTICLE 11 ACCOUNTING RECORDS The Contractor shall keep full and detailed accounts and exercise such controls as may be necessary for proper financial management under this Contract,and the accounting and control systems shall be satisfactory to the Owner. The Owner and the Owner's accountants shall be afforded access to, and shall be permitted to audit and copy> the Contractor's records, books, correspondence, instructions, drawings, receipts, subcontracts> purchase orders, vouchers, memoranda and other data relating to this Contract,and the Contractor shall preserve these for a period of three years after final payment,or for such longer period as may be required by law. ARTICLE 12 PAYMENTS ��I� 12.1 PROGRESS PAYMENTS 12.1.7 Based upon Applications for Payment submitted to the Architect by the Contractor and oo��o Certificates for Payment issued by the Architect, the Owner shall make progress payments on L—= account of the Contract Sum to the Contractor as provided below and elsewhere in the Contract � �9 9 7 A I A� Documents. AIA DOCUMENT At11-1997 OWNER-CONTRACTOR 12.1.2 The period covered by each Application for Payment shall be one calendar month ending AGREEMENT on the last day of the month,O[aS fOlIOWS: The American Institute of Architects 1735 New York Avenue,N.W. Washington,D.C.20006-5292 waaNiN��ii.,l�r.r,sed ohotococvinE violates US.copyright laws and will subject the violator to legal prosecution.