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it <br /> cop , <br /> • <br /> ARTICLE 1 <br /> THE WORK <br /> 1.1 The Contractor shall perform all the Work required by the Contract Documents for <br /> (Here insert the caption descriptive of the Work as used on other Contract Documents.) <br /> All Electrical Construction and equipment as noted in the <br /> plans and Specifications. <br /> ARTICLE 2 <br /> TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION <br /> 2.1 The Work to be performed under this Contract shall be commenced April 14, 1986 <br /> and, subject to authorized adjustments, Substantial Completion shall be achieved not later than Sept. 12, 19:6. <br /> (Here insert any special provisions for liquidated damages relating to failure to complete on time.) <br /> Upon failure to provide the Project substantially complete by <br /> this date the Contractor shall be liable for liquidated <br /> damages of $100.00 per calendar day as outlined in the <br /> specifications and general conditions. <br /> ARTICLE 3. <br /> CONTRACT SUM <br /> 3.1 The Owner shall pay he Contractor in current funds for the performance of the Work, subject to additions and <br /> deductions by Change Order as provided in the Contract Documents, the Contract Sum of <br /> Nine thousand three hundred seventy and no/100 (; 9,370.00) <br /> 3.2 The Contract Sum is determined as follows: <br /> (State here the base bid or other lump sum amount,accepted alternates,and unit prices,as applicable.) <br /> Fixed lump sum base bid (; 8,455.00) and alternate E-1 , <br /> underslab heating system as noted in plans and specifications <br /> ($915.00) <br /> AIA DOCUMENT A107 • ABBREVIATED OWNER-CONTRACTOR AGREEMENT • EIGHTH EDITION • APRIL 1978 • AIA® <br /> © 1978 • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE, N.W., WASHINGTON, D.C. 20006 A107-1978 2 <br />