Agenda - 03-24-1992 - Laserfiche WebLink

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i Article 12 continued from Page No. 12 12.15 Reference subparagraph 5.2.2 - In the event the lowest responsible bids exceed the funds appropriated for the project, the Architect, in consultation with, and at the direction of, the Owner, shall provide such modifications in the Contract Documents as shall be necessary to bring the cost of the Project within the Project's budget. 12.16 Reference paragraph 7.1 - The Owner and the Architect agree to endeavor to provide written notification in advance of any litigation concerning claims, disputes, and other matters in question between the parties to this Agreement arising out of or relating to this Agreement or the breach thereof. 12.17 Reference paragraph 7.2 - The parties agree to endeavor to negotiate in good faith prior to litigation concerning claims, disputes and other matters in question arising out of or relating to this Agreement or the breach thereof. 12.18 Reference paragraph 7.3 - Nothing herein contained shall be construed to require the parties to provide written notification or engage in negotiations prior to the institution of litigation, nor to submit for arbitration by a third party or parties, any such claim, dispute or other matter in question between the parties, but the parties may by mutual agreement submit any claim, dispute or other matter at issue to arbitration in accordance with the North Carolina Uniform Arbitration Act, GS 1- 567.1, et seq., or such other arbitration procedure as may be mutually agreed upon between the parties. 12.19 Reference subparagraph 10.2.1.6 - Computer -aided design and drafting equipment time shall not be considered a reimbursable expense when used to provide Basic Services. 12.20 In the event a claim, dispute or other matter in question is present e ner, Contractor, or any other party to the Architect for an ' rpretation or decis the Architect shall endeavor to provide such i retation or decision ko' as requir this Contract. However, if the Ar t determines that the issues presented are bey is knowledge or a se, that there is insufficient time for him to evaluate the issue, tha sfactory arrangements have not been made for his compensation for rvi ssary to evaluate the supporting data and issues presented, h 1 have the right to not to make the interpretation or decision bein uested. In such event the Owne , ntractor, and such other J �q� party sh a so notified, and they shall proceed to arbitrate r take such other cour of action as they may mutually agree. Article 12 continued on Page No. 14 13