R2001-139 ACCEPTING BID AND AUTHORIZING 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 A[A Document A201-1997, and to satisfy other requirements, if any, which � extend beyond final payment;and .2 a final Certificate for Payment has been issued by the Architect. ' 5.2.2 The Owner's final payment te the Contractor shall be made no later than 30 days after the issuance of the Architect's final Certificate for Payment,or as follows: i ARTICLE 6 TERMlNATION OR SUSPENSION Ili 6.1 T'he Contract may be terminated by the Owner or the Contractar 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 AlA Document A201-1997. �!I ARTICLE 7 MISCELLANEOUS PROVISIONS � 7.1 Where reference is made in this Agreement 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. (Insert rate of interest agreed upon,ijany.) (Usury lmvs and requirements under the Federa!Truth in Lending AcJ,similar state and local consuiner credit lmvs and o(her regulations at the Owner's and Contractor's prrncipal places of business,the location of the Project and elseivhere mav aJject the valydity ojthis provision. Lega/advice shou/d be obtarned ivith respect to deletions or modifications,and also regarding requirements such as tivritten disclosures or tivarvers.) 7.3 The Owner's representative is: (Name,address and other rnformationJ Mr. A. J. Krieg,er, Assistant Citv Manager Economic&Urban Development Citv of Decatur #1 Gary K. Anderson Plaza Decatur, IL 62523 7.4 The Contractor's representative is: (Name,address and other injormation) Mr. Eric Felix,Proiect Superintendent Acorn Industries. Inc. 12140 Huskev Road Devils Elbow. MO 65457 7.5 Neither the Owner's nor the Contractor's representative shall be changed without ten days written notice to the other party. 7.6 Other provisions: None 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. AIA DOCUMENT A101 -OWNER - CONTRACTOR AGREEMENT - 1997 EDITION - AIA - COPYRIGHT 1997 - THE AMERICAN INSTITUTE OF ARCH[TECTS, 1735 NEW YORK AVENCJE N.W.,WASHINGTON,D.C.20006-5292. WARNING:Unlicensed photceopying violates U.S.copyright laws and will subject the violator to legal prosecution.This document was electronically produced with permission of the AIA and can be reproduced without violation until the date of expiration as noted below. Electronic Format A101-1997 User pocurnent: 009-0102.DOC--7/31/2001. AIA License Number 120057,which expires on 10/31/2001 --Page#4