This will be handled on a per unit rate if required. However, we may need to case all or some of the piers due to water injectingthe building pad. We have included the bond costs for the on-site public utility improvements.ĭue to a lack of ground water concerns, we have not included casing piers in our proposal. We have included the building permit and plan review fees. We have included builder’s risk insurance. This proposal is based on reaching mutually acceptable contract terms. Notwithstanding the foregoing, Owner agrees that Contractor may place ordersfor materials related to the project and that Owner will be responsible for costs incurred by Contractor for such orders. Contractor agrees that Owner will not be liable for anyliens placed on the property or in connection with the construction of any structures on the property unless Owner has given its prior written authorization for such work. Owner and Contractor each agree that following the execution of the Construction Contract, no on-site construction or development work, other than such work requiredby separate instrument per the development agreement, may begin or occur on the Owner’s property until Contractor receives a written authorization from Owner to proceed with such work. Subtract amounts, if any, for which the Architect has withheld or nullified a Certificate for Payment as provided in Section 9.5 of AIA Document A201–2007. ![]() ![]() Subtract the aggregate of previous payments made by the Owner and Pending final determination of cost to the Owner of changes in the Work, amounts not in dispute shall be included asprovided in Section 7.3.9 of AIA Document A201™–2007, General Conditions of the Contract for Construction Īdd that portion of the Contract Sum properly allocable to materials and equipment delivered and suitably stored at the site for subsequent incorporation in thecompleted construction (or, if approved in advance by the Owner, suitably stored off the site at a location agreed upon in writing), less retainage of Ten percent (10%) Take that portion of the Contract Sum properly allocable to completed Work as determined by multiplying the percentage completion of each portion of the Work by theshare of the Contract Sum allocated to that portion of the Work in the schedule of values, less retainage of Ten percent (10%). § 5.1.6 Subject to other provisions of the ContractDocuments, the amount of each progress payment shall be computed as follows.
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