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40 <br />li <br />ARTICLE 8 <br />(� FINAL PAYMENT <br />Final payment, constituting the emire unpaid balance of the Contract Sum, shall be made by the Owner to the Contractor when (1) <br />the Contract has been fully performed by the Contractor except for the Contractors responsibility to correct nonconforming <br />Work as provided In Subparagraph 12.2.2 of the General Conditions and to satisfy other requiremems, If any, which necessarily <br />survive final payment; and (2) a final Certificate for Payment has been Issued by the Architect; such final payment shall he made by <br />the Owner not more than 30 days after the issuance of the Archite(Ts final Certlllcate for Payment, or as follows: <br />ARTICLE 7 <br />MISCELLANEOUS PROVISIONS <br />7.1 Where reference Is made in this Agreement to a provision of the General Conditions or another Contract Document, the ref- <br />erence refers to that provision as amended or supplemented by other provisions of the Contract I)lcunlems. <br />7.2 Payments due and unpaid under the contract shall bear Interest from the date payment Is title at the rate stated hctow, or In <br />the absence thereof, at the legal rate prevailing from time to time at the place where the Project Is located. <br />(Imerl rale I1f hwresl "greed a/mn• IJ mry.) <br />Ten percent (10%). <br />(IA"ry latus and l'✓qW n -n saau, bu Pedural 7rab/n/eud/n Acl, sbufbo f/a/✓anrl6K"/tnn..... ud/f fr/lrJ andalber ngafnrloos wl lbw lryru....... <br />- - r amcf-'sprbac/pulplar✓sn/busbmss, lbw /uc"I!o"r/Ibrr Por •cl rnlr/e/nvabery may rs/fial lb✓Iw//dlty o/sl,/s prau/slue. I.rga7"dWro sboldd br.•oh!"br.•d <br />will, r✓sp✓cl n d✓Iullons or r"odificall.m, and afs" m8ardlug require ....... 1, swcb as w, it- diuhmwrs ar mat—.) <br />7._ f, C, <br />Addition Change Orders will be charged at 15% profit & overhead. <br />Deductive Change Orders will be credited at 10% profit & overhead. <br />J <br />ARTICLE_8 <br />TERMINATION OR SUSPENSION <br />8.1 7'lle (:0lliracl may be terminated by the Owner or file Contractor as provided In Article 14 of U,e General Conditions. <br />8.2 The Work may be suspended by Ute Owner as provided In Article 14 of file General Conditions. <br />AIA DOCUMENT A101 • OWNER CON IHACI'011 AGIMEMENT • 'I'WEI-H'11 11011 ION - AIA- • U1987 <br />TIIE AMERICAN IN.5It1'11'1'1101: AII0III'Ii1.I1, 1735 NEW YORK AYI;NIIIi, N.W., WAMIINGTON, U.C. ttxxK, A101-1987 5 <br />