Orange County NC Website
Browse       Search
g. The Contractor shall supervise and direct the Work efficiently and with the Contractor's best <br /> skill and attention. Except as specifically set forth in the Contract Documents the Contractor <br /> shall be solely responsible for the means, methods, techniques, sequences and procedures of <br /> construction, and for safety precautions and programs in connection with the Work. The <br /> Contractor shall be responsible to see that the finished Work complies accurately with the <br /> Contract Documents. <br /> h. The Contractor shall appoint a competent Project Manager with general authority to manage <br /> the Project for the Contractor. The Contractor shall also keep on the Project at all times during <br /> the Work of the Contractor a competent Resident Superintendent and necessary assistants who <br /> shall not be replaced without prior written approval by the Designer or by the Owner if a <br /> Designer is not retained for the Project. <br /> i. If, in the opinion of the Designer, any Subcontractor on the Project is incompetent or otherwise <br /> unsatisfactory, such Subcontractor shall be replaced by the Contractor with no increase in the <br /> Contract Price if and when directed by the Designer. <br /> j. The Contractor shall attend all progress conferences and all other meetings or conferences. <br /> The Contractor shall be represented at these progress conferences by a representative having <br /> the authority of the Project Manager and by such other representatives as the Designer may <br /> direct. <br /> k. Costs and expenses of providing samples for and assistance in any testing shall be borne by the <br /> Contractor. Any Work in which untested materials are used without approval or written <br /> permission of the Owner and/or Designer shall be removed and replaced at Contractor's <br /> expense. <br /> 6. PAYMENT & TAXES <br /> a. The Owner hereby agrees to pay to the Contractor for the faithful performance of this <br /> Agreement, and the Contractor hereby agrees to perform all of the Work for a sum not-to- <br /> exceed one million, five hundred and seventy-nine thousand, one hundred and ninety three <br /> Dollars ($1,579,193). Not later than the fifth (5th) day of each calendar month the Contractor <br /> shall submit to the Owner's Representative, generally the Designer if a Designer is retained on <br /> the Work, a Request for Payment for work done during the previous calendar month. <br /> (i) The Request for Payment shall be in form of a standardized invoice or AIA Document <br /> G702-703 appropriately addressed to Owner's Representative at Asset Management <br /> Services, 131 West Margaret Lane, Hillsborough, NC and shall show substantially the <br /> value of work done during the previous calendar month. <br /> (ii) The amount due for payment shall be ninety-five percent (95%) of the value of work <br /> completed since the last Request for Payment and this amount shall be paid by the <br /> Owner on or before the last business day of the month. Owner shall retain five percent <br /> (5%) (the "Retainage"). <br /> (1) Upon Owner's Representative's certification that ninety percent (90%) of the <br /> Work has been satisfactorily completed Retainage may be discontinued. <br /> Retainage may be discontinued, at Owner's Discretion, so long as work <br /> continues to be completed satisfactorily and on schedule. <br /> (iii) Final payment shall not be due to the Contractor until thirty (30) days after Final <br /> Completion of the Work, including punch list work, has been satisfactorily completed <br /> Revised November 2011 5 <br />