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3.2 The Contract Sum is based upon the following alternates,if any,which are described in the Contract Documents and are hereby <br /> accepted by the Owner: <br /> (Slafe!he numbers or other ldentijication ojaccepted alternates.Ijdecisions on other alternates are to be nrade by fhe Oumer subsequent to the execution of this Agreement, <br /> attach a scGe�ddule oj such other alternates showing the amount jor each and the date until which that amount ls ua[id.) <br /> Base Bid $14,800.00 <br /> Change Order G-1 $ 3,137.00 (see attached) <br /> 3.3 Unit prices, if any, are as follows: <br /> N/A <br /> ARTICLE 4 <br /> PROGRESS PAYMENTS <br /> 4.1 Based upon Applications for Payment submitted to the Architect by the Conuactor and Certificates for Payment issued by the <br /> Architect, the Owner shall make progress payments on account of the Contract Sum to the Contractor as provided below and else- <br /> where In the Contract Documents.The pedod covered by each AppticaUon for Payment shall be one calendar month ending on the <br /> last day of the month, or as follows: <br /> 4.2 Payments due and unpaid under the Contract shall bear interest from the date payment is due at the rate stated below,or in the <br /> absence thereof, at the legal rate prevailing from time to time at the place where the Project is located. <br /> (IrtcerY ra�e oj tn�erest agreed uprm, !f any.) <br /> (Usury fau�s nr�d requlrements under the Fndc�ra!Tnuh in Lendirrg Act,similar state and loca!consumer credit(au�s and otber regu(atrons at ehe Owne�r:c urrd Cunh�u tor's <br /> priricr/ur!pinces nJ M�.ciiress,tlre kxatinn ojlhe Project and elseu�here»iay ajJ'ect the validity r f this pmuision.Lc�al ad��rce slx��dA Ne obtai�:ed u�ith respect!o deleriu�rs��r <br /> modijications,nrrd also regarding requirememu such as written drsclosures or uaait�ers.) <br /> AIA DOCUMENT A107�Al16RBV1AT'F,D OWNHR-CONT'RACTOR AGRHCMF.NT�NINTH EDITION•AIA09 • �O 1987 <br /> TNE AMERICAN iNSTI'I'UTE OF ARCNITECTS, 1735 NEW YORK AVENUE, N.W., WASHINGTON, D.C. 20006 A107-1987 3 <br /> WARNING:U�Ilcensed photocopying viotates U.S.copyright laws and Is subJect to legal prosecutlon. <br />