2020-26 - Approve Design Build of Cove Church

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§ A.1.4.3.3 The Guaranteed Maximum Price is based on the following alternates, if any, which are described in the Design -Build Documents and are hereby accepted by the Owner: (State the numbers or other identification of accepted alternates. If the Owner is permitted to accept other alternates subsequent to the execution of this Amendment, attach a schedule of such other alternates showing the change in the Cost of the Work and Guaranteed Maximum Price for each and the deadline by which the 41t& ate must be accepted.) § A.1.5 Payments § A.1.5.1 Progress Payments § A.1.5.1.1 Based upon Applications for Payment submitted to the Owner by the Design-Buitiler. the Ownerhall::nake progress payments on account of the Contract Sum to the Design -Builder as provided below and elsewhere in the Design -Build Documents. § A.1.5.1.2 The period covered by each Application for Payment shall be one calendar month ending on the -last day of.... the month, or as follows: .. .. .......... .......... . .... .... ..... ................ rr § A. 1.5.1.3 Provided that an Application for Payment is received not later than t Formatted: Highlight shall make payment of the certified amount to the Design -Builder not later thanthe last } da of the1}tn Formatted: Highlight month. If an Application for Payment is received by the Owner after the application date fixed above, payment shall be�� the Owner receives the A made by the Owner not later than,<< .ft_ pplication for P4Yq1qTq... .... .... ... Formatted: Highlight (Federal, state or local laws may require payment within a certain period oftime) NY, Formatted: Highlight ............................ ............... .................................................................................................. § A.1.5.1.4 With each Application for Payment where the Contract Sum is based upon the Cost of We w6il�., or the . . Formatted: Highlight . . ... . .. . . . .... . ....... . . ..... . ...... . .... . . ........ . .................. . ........... . .. . .. . .. . ............... of the Work with a Guaranteed Maximum Price, the Desip-Builder shall submit payrolls, ...... Formatted: Strikethrough ,gonsuffltarits Tier invoices yedelief-s receipted Ar'chAec-f,4"nd' �a6dLiibc* 'o-'n*t-r-a-c-to��t��6d��'6�Lj�ii-A . . ............... ........................................................................................................................................................... Formatted: Highlight and any other evidence required by the Owner to demonstrate that cash disbursements already' made L6f',_f6b6,' . ......... ........... ........... ........... . ............................................................... ................................... ................. Formatted: Highlight the Design -Builder on account of the Cost of the Work equal or exceed (1) progress payments alrieady received tv the Design -Builder, less (2) that portion of those payments attributable to the Design -Builders Fee; plw,,Q_.).. payfoll ........................................................................................... . ............................................................................ ..........Formatted: Strikethrough the period covered by the present Application for Payment. .. ..................... . . ....................... . ....... .......... Formatted: Highlight § A.1.5.1.5 With each Application for Payment where the Contract Sum is based upon a Stipulated Sum or Cost of the Work with a Guaranteed Maximum Price, the Design -Builder shall submit the most recent schedule of.,valtie accordance with the Design -Build Documents. The schedule of values shall allocate the entire Contract Sumamong e _rig th various portions of the Work. Compensation for design services, if any, shall be shown separatelyWhere the Contract Sum is based on the Cost of the Work with a Guaranteed Maximum Price, the Design -Builders F e' shall be shown separately. The schedule of values shall be prepared in such form and supported by such data.10 s p-bstantiate its accuracy as the Owner may require. This schedule of values, unless objected to by the Owner; as shdll be used a basis for reviewing the Design -Builder's Applications for Payment. . . . . ... § A. 1.5.1.6 In taking action on the Design -Builder's Applications for Payment, the Owner shall be entitled to rely on the accuracy and completeness of the information furnished by the Design -Builder and shall made a detailed examination, audit or arithmetic verification of the documentation submitted in accordance with AIA Document A1412K - 2014 Exhibit A. Copyright © 2004 and 2014 by The American Institute of Architects. All rights reserved. WARNING: This AIA'' Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA' Document, or any portion of it, may result in severe civil and criminal penalties, and will he prosecuted to the maximum extent possible 3 under the law. This draft was produced by AIA software at 06:51:30 ET on 04/14/2020 under order No.6771434791 which expires on 03/06/2021, and is not for resale. User Notes: (1345484614)