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according to the terms and provisions thereof or use such other methods as in its opinion shall be required for the completion of said Contract in an acceptable manner. All costs and charges incurred by the Owner, together with the costs of completing the Work under Contract, shall be deducted from any monies due or which may become due said CMAR and surety. In case the expense so incurred by the Owner shall be less than the sum which would have been payable under the Contract, if it had been completed by said CMAR, then the said CMAR and surety shall be entitled to receive the difference, but in case such expense shall exceed the sum which would have been payable under the Contract, then the CMAR and the surety shall be liable and shall pay to the Owner the amount of said excess . 40 .2 . It is further mutually agreed between the parties hereto that if at any time after the execution of this Contract and the surety bonds hereto attached for its faithful performance, the Owner shall deem the surety or sureties upon such bonds to be unsatisfactory, or if for any reason such bonds cease to be adequate to cover the performance of the Work, the CMAR shall , at its expense, within five (5 ) days after the receipt of notice from the Owner so to do, furnish an additional bond or bonds in such form and amount, and with such surety or sureties as shall be satisfactory to the Owner. In such event no further payment to the CMAR shall be deemed to be due under this Contract until such new or additional security for the faithful performance of the Work shall be furnished in manner and form satisfactory to the Owner. 40 . 3 . In the event it is determined by a court of law that termination under this paragraph was not justified, the termination of the CMAR will be treated as if it were a termination for convenience hereunder. 41 . CONSTRUCTION MANAGER' S RIGHT TO STOP WORK OR TERMINATE THE CONTRACT 41 . 1 . Should the Work be stopped for a period of three months by order of a court having jurisdiction or by order of any other public authority due to cause beyond the fault or control of the CMAR, or if the Owner should fail or refuse to make payment on account of a certificate issued by the Project Designer within thirty (30) days after receipt of same, then the CMAR, after fifteen ( 15 ) days ' written notice to the Owner and the Project Designer, may suspend operations on the Work or terminate the Contract. 41 .2 . The Owner shall be liable to the CMAR for the cost of the Work delivered and performed on this Contract plus all General Conditions costs incurred to date plus its fee earned to date, plus damages in the event of the Owner ' s default, and shall make such payment. The Project Designer shall determine and certify the correctness of such payment. 42. REQUEST FOR PAYMENT 42 . 1 . Prior to payment by the Owner, the Project Designer shall review and approve the CMAR' s pay applications . Based on applications for payment submitted to the Project Designer by the CMAR and certificates for payment issued by the Project Designer, the Owner shall make progress payments to the CMAR as provided below and elsewhere in the Contract Documents . 42 .2 . &VERIFY . As a condition of payment for services rendered under this Contract, CMAR shall comply with the requirements of Article 2 of Chapter 64 of the North Carolina General Statutes . CMAR shall require its Subcontractors to comply with the requirements of Article 2 of Chapter 64 of the North Carolina General Statutes as well . Upon request by Owner CMAR shall verify, by affidavit, compliance of the terms of this section . 42 . 3 . The period covered by each application for payment shall be one calendar month ending on the last day of the month . 42 .4 . No advance payments or interim payments will be made by the Owner. Page 39 of 52 Revised 12/24, 4/25