R2001-181 ACCEPTING THE BID AND AUTHORIZING A CONTRACT

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� ' , �• .1 the Contractor has fully performed the Contract except for the Contractor's responsibility to correct Work as provided in Subparagraph 12.2.2 of AIA Document A201-1997, and to satisfy other requirements, if any, which e�end beyond final payment;and .2 a final Certificate for Payment has been issued by the Architect. 5.2.2 The Owner's final payment to the Contractor shall be made no tater than 30 days after the issuance of the Architect's final Certificate for Payment,or as follows: ARTICLE 6 TERMINATION OR SUSPENSION 6.1 The Contract may be terminated by the Owner or the Contractor as provided in Article 14 of AiA Document A201-1997. 6.2 The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201-1997. ARTICLE 7 MISCELLANEOUS PROVISIONS 7.1 Where reference is made in this Agr�ment to a provision of AIA Document A201-1997 or another Contract Document, the reference refers to that provision as amended or supplemented by other provisions of the Contract Documents. 7,2 Payments due and unpaid under the Contract shall bear interest from the date payment is due at the rate stated below,or in the absence thereof,at the legal rate prevailing from time to time at the place where the Project is located. (lnsen rate of interest agreed upon,if any.) (Usury laws and requirements under the Federal Truth in Lending Act,simi/ar state and local consumer credit laws and other regulations at the Owner's and Contractor's principal places of business,d►e location of the Project and elsewhere may afjecr the validiry of this provision. Legal advice should be obtained with respect to deledons or modifications,and a[so regnrding requirements such as wrinen disclosures or waivers.) 7.3 The Owner's representative is: (Name,address and other informationJ Mr.A.J.Krieger,Assistant Citv Mana� Economic&Urban Development I City of Decatur #1 Gary K.Anderson Plaza Decatur.IL 62523 7.4 The Contractor's representative is: (Name,address and other inforneation) Ro¢er Norem Steve's Trucking,Inc. 4621 E. Fitzgerald Road Decatur.IL 62521 7.5 Neither the Owner's nor the Contractar's representative shall be changed without ten days written notice to the other party. 7.6 Other provisions: ARTICLE 8 ENUMERATION OF CONTRACT DOCUMENTS 8.1 The Contract Documents,except for Modifications issued after execution of this Agreement,are enumerated as follows: 8.1.1 The Agreement is this executed 1997 edition of the Standard Form of Agreement Between Owner and Contractor,AIA Document A 101-1997. 8.1.2 The General Conditions aze the 1997 edition of the General Conditions of the Cantt-act for Constructian, AIA AIA DOCCJMENT A101 -OWNER - CONTRACTOR AG1tEEMENT - 1997 EDITION - AIA - COPYRIGHT 1997 - THE AMERICAN INSTITUTE OF ARCHTI'ECTS, 1735 NEW YORK AVENiJE N.W.,WASHINGTON,D.C.20006-5292. WARNING:Unlicensed photocopying valates U.S.copyright laws and will subject the violator to legal pmsecuNon.This document was electronically produced with permission of the AIA and can be reproduced without violation unril the date of expiration as noted below. Electronic Format A101-1997 User pocument:009-0102.DOC--9/25/2001.AIA License Number 120057,which expires on 10/31/2001 --Page#4