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§ 5.1.7.1.1 The following items are not subject to retainage: C items not subject to the withholding of retainage, such as general conditions, insurance, etc.) 'yt A &IL7:2 Reduction or limitation of retainage, if any, shall be as follows: _.. f the retainage established in Section 5.1.7.1 is to be modifred prior to Substantial Completion of the entire Work, including modificationsfor Substantial Completion of portions of the Work as provided in Section 3.3.2, insert - ' isions fox such moaWations.) Z &1.7.3 Eippit as sdfath in this Section 5.1.7.3, upon Substantial Completion of the Work, the Contractor may it aii . cation -W Payment that includes the retainage withheld from prior Applications for Payment pursuant is 3.1.9 tlliee Application for Payment submitted at Substantial Completion shall not include retainage as ows nsethee condit�Ooi~ release of retainage upon Substantial Completion.) MIA A its If comp"on oftheWork is materially delayed through no fault of the Contractor, the Owner shall pay 11 i6e cotter any additional amounts in accordance with Article 9 of AIA Document A201-2017. 5.'1.9 Exceptwith the 0wner's prior approval, the Contractor shall not make advance payments to suppliers for mater or equipment i'chhave not been delivered and stored at the site. 5•.2 A", Payment tF, payment, eauktituting the entire unpaid balance of the Contract Sum, shall be made by the Owner to the O �vhett A the Contractor has fully performed the Contract except for the Contractor's responsibility to correct Work as *b*ided in Article 12 of AIA Document A201-2017, 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 to the Contractor shall be made no later than 30 days after the issuance of the Architect's final Certificate for Payment, or as follows: § 5.3 Interest 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, if any.) ARTICLE 6 DISPUTE RESOLUTION § 6.1 Initial Decision Maker The Architect will serve as the Initial Decision Maker pursuant to Article 15 of AIA Document (Paragraphs deleted) A201-2017 § 6.2 Binding Dispute Resolution For any Claim subject to, but not resolved by, mediation pursuant to Article 15 of AIA Document A201-2017, the method of binding dispute resolution shall be as follows: (Check the appropriate box.) AIA Document A101®— 2017. Copyright ©1915, 1918, 1925,. 1937, 1951, 1958, 1961, 1963, 1967, 1974.. 1977, 1987, 1991, 1997. 2007 and 2017 by The Init. American Institute of Architects. All rights reserved. The 'American Institute of Architects," "AIA," the AIA Logo, "A101," and "AIA Contract Documents are 5 registered trademarks and may not be used without permission. This document was produced by AIA software at 11:17:20 ET on 05/07/2020 under Order / No.8985025115 which expires on 05/29/2020, is not for resale.. is licensed for one-time use only, and may only be used in accordance with the AIA Contract Documents" Terms of Service. To report copyright violations. e-mail copyright@aia.org. (1447579440) User Notes: