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Provision Chan�e <br /> 12.1.1 Paragraph 12.1.1 is hereby deleted in its entirety and replaced with the following: <br /> "12.1.1 Based upon Applicarions for Payment and all required supporting <br /> documentation submitted to the Owner and the Architect by the Contractor and <br /> Certificates for Payment issued by the Architect and accepted by the Owner,the Owner <br /> shall make progress payments on account of the Contract Sum to the Contractor as <br /> provided below and elsewhere in the Contract Documents." <br /> 12.1.2 Paragraph 12.1.2 is hereby deleted in its entirety and replaced with the following: <br /> "12.1.2 The period covered by each Application for Payment shall be one calendar <br /> month. Contractor shall submit its Application for Payment to the Architect and the <br /> Owner on the 25`�'day of each month for Work performed through the 25`�' day of such <br /> month." <br /> 12.1.3 Paragraph 12.13 is hereby deleted in its entirety and replaced with the following: <br /> "12.13 Provided that an acceptably complete and correct Application for Payment is <br /> received by the Owner and Architect not later than the 25�' da�y of a month, the Owner <br /> shall make payment to the Contractor not later than the 25 day of the subsequent <br /> month. If an Applicarion for Payment is received by the Architect after the application <br /> date fixed above, payment shall be made by the Owner not later than thirty (30) days <br /> after the Architect receives the Applicarion for Payment. <br /> 12.1.3.1 On the 25`� day of the month, the Owner, the Architect, and the <br /> Contractor shall meet to review a preliminary draft of the Application for <br /> Payment (hereinafter referred to as a "Pencil Draw") prepared by the <br /> Contractor. The Contractor shall revise the Pencil Draw in accordance with <br /> any objection or recommendation of either the Owner or the Architect that is <br /> consistent with the requirements of the Contract Documents. Such revised <br /> Pencil Draw shall be resubmitted by the Contractor to the Owner as the <br /> Application for Payment due on the last day of the month in which the Pencil <br /> Draw was first submitted. The Contractor shall also submit with each <br /> Applicarion for Payment a written narrarive describing the basis for any item <br /> set forth in the Applicarion for Payment that does not conform to instrucrions <br /> of the Owner or the Architect in connection with any applicable Pencil Draw. <br /> 12.13.2 Progress payments shall not be due until the following <br /> conditions have been achieved: <br /> (1) The Contractor has submitted a complete, correct and sworn <br /> Applicarion for Payment in an Owner-approved format showing all <br /> money paid out and costs incurred to the date indicated in the <br /> Application for Payment; <br /> (2) The Contractor has submitted an executed subcontract for each <br /> Subcontractor and supplier requesring payment; <br /> (3) The Contractor has submitted, on forms acceptable to the Owner, <br /> condirional lien waivers for the amount of the current request and <br /> lien waivers for the total amount of payments to date for the <br /> contractor, Subcontractors and suppliers; <br /> (4) The contractor has submitted a certification that all Work has been <br /> performed in accordance with the requirements of the Contract <br /> Documents; <br /> (5) The Owner and the Architect have approved the Application for <br /> 4 <br /> Doc#:CHI01 (239130-00107)50130735v3;08/12/2003/Time:10:48 <br />