Agenda - 12-11-2007-4lxtr - Laserfiche WebLink

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would reasonably be made by a contractar having knowledge and experience with similar work; however, the Contractor shall not be entitled to infer from CMAR-supplied information any fact or condition which would not be inferred by a canfractor having knowledge and experience with similar work and, ff fhe CMAR-supplied Enformation is inadequate or insufficient in any respect, the Contractor shall be required to obtain independently such other information as a lcnawledgeabie and experienced contractar would prudently obtain in order to evaluate any such condition. 3.3 The Contractor specifically acknowledges familiarity with at1 Federal, State, and local laws, ordinances, rules, and regulations which may in any manner affect those engaged or employed In the Work, ar the materials ar equipment In or about the Work, ar in any way affect the conduct of the Work and agrees that the Contractor and the Con#ractor's employees, Subcontractors, and suppliers will, at all times, comply w[th same. if the Contractor shall discover any provisions in the Contract Documents which are contrary to ar inconsistent with .any such law, ordinance, rule, or regulation, the Contractor shall immediately give notice thereof to the CMAR in writing, identifying any items of Work affected, and the contractar shalt not proceed until the Contractor has received written direction from the CMAR with respect to these items. if the Contractor performs contrary to or inconsistently with any such taw, ordinance, rule; or regulation without giving such notice, the Contractor shall bear alt costs which are a consequence of such performance. 3.4 At times selected by fhe CMAR after execution by the Contractor of the Construction Agreement, apre-construction conference shall be scheduled and conducted for the benefit of the Project. ARTICLE 4. t34NiyS 4.1 A performance bond in the full amount of the Contract Price, and subject to changes In the Contract Price, may be required of the Gantractor~fo guarantee the faithful performance of the Work in compliance with the Contract Documents, in such form as maybe required by law and by the Owner. if required, the band shall be dated the same data as~ the Construction Agreement and must be accompanied by a current copy ofi khe power of atEorney for the attamey-ln-fact executing such bond on behalf of a surety company licensed to do business in the state of North Carolina. 4.2 R payment bond in the full amount of the Contract Price, and subject to changes In the Contract Price, may tie required of fhe contractar to guarantee the payment of all labor and material casts or claims 'sn connection with compliance with the Contract. if required, the payment band shall be in such form as may be required by law and by the Owner. Sold band shall be dated and executed in the same manner as the performance band in paragraph 4.1'. ARTICLE 5. INSURANCE At~lD tNDEIVlNEi'Y 5.1 CONTRACTOR PROVIDED tl~1SURANCE The Contractor shall, without limiting its obligations or liabilities, procure, pay far and maintain such insurance as is required by law and as is requked by the Agreement to protect the Contractor, the CMAR, the Owner, the Designer and any lender of the Owner when the loan to fhe Owner is secured by the property on which the Project is located from claims for damages for bodily injury, including death, and from claims for property damage which may arise from the Contractor`s or its representatives', consultants', Subcontractors', agenEs', ar employees' operations under this Agreement. Such insurance shall be of the kinds and have limits of liability and coverages not Less than the minimum limits hereinafter specified ar required by law, whichever is granter. The CMAR makes no representation as to the adequacy ar sufficiency of such coverages. The following requirements shall in na GENERAL CONDITIONS FOR CM AT RESK PROJECT 13 of 42 ,TUNE 2007 irD1T10N