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5 <br /> or related credentials Contractor represents that it and its employees, agents and subcontractors <br /> engaged in such activities possess such licenses, certifications, or credentials and that such <br /> licenses certifications, or credentials are current, active, and not in a state of suspension or <br /> revocation. <br /> 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 the <br /> Project for the Contractor. The Contractor shall also keep on the Project at all times during the <br /> Work of the Contractor a competent Resident Superintendent and necessary assistants who shall <br /> not be replaced without prior written approval by the Designer or by the Owner if a Designer is <br /> 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. The <br /> Contractor shall be represented at these progress conferences by a representative having the <br /> authority of the Project Manager and by such other representatives as the Designer may 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 written approval or written <br /> permission of the Owner or Designer shall be removed and replaced at Contractor's expense. <br /> 1. The Contractor shall obtain all necessary permits including all permits required to complete the <br /> Work in compliance with local, state, and federal law. <br /> 5. 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-exceed <br /> TBD Dollars ($TBD). 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 131 W. Margaret Lane, <br /> 2"d Floor, Hillsborough,NC 27278 and shall show substantially the value of work done <br /> 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 Owner <br /> on or before the last business day of the month. Owner shall retain five percent (5%) <br /> (the "Retainage"). <br /> Revised 06/21 3 <br />