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40 <br />ARTICLE 8 <br />(� FINAL PAYMENT <br />Final payment, constituting the entire 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 requirements, 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 be made by <br />the Owner not more than 30 days after the issuance of the Architect's final Certificate for Payment, t r -as -k )m: <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, die ref- <br />erence refers to that provision as amended or supplemented by other provisions of the Contract Documenis. <br />7.2 payments due and unpaid under life Contract shall bear Interest from the date payment Is due at the rate stated below, or In <br />life absence thereof, at the legal rale prevailing from time to time at the place where the Project Is located, <br />(insert rate 46aerest agreed upon, l/any.) <br />Ten percent (10%). <br />(Ussery nd <br />laws and ruilalrvmnas ander the pcderai 7'rWb in Lvnd/n Acl, shnnnr Naly and local ranrlm+er credit hoes and albur rogulonl th <br />uus ae Oov+er's a <br />fonrrudor's /n/ndpul plural +J bnsbwtr, the location of the Praec/ mrd v/sewbary nwy aL/ors rbv lw/ldiry r/ ibis pn+v/lino. Lrgur+Well u sln+ald fx abtab+w! <br />wllb resp -1 0 delvl/nns ar modificallons, and also regarding reyulrvmenls nab as written disdosiovs or uwnvrs.) <br />%.5 Other provisions: <br />Addition Change Orders will be charged at 15% profit & overhead. <br />Deductive Change Orders will be credited at 10% profit & overhead. <br />ARTICLE 8 <br />TERMINATION OR SUSPENSION <br />8.1 The Contract may be terminated by the Owner or the Contractor as provided bn Article 14 of the General Condilion�. <br />8.2 The Work may he suspended by the Owner as provided in Article 14 of lite General Conditions. <br />AIA DOCUMENT A101 • OWNER CONTRACTOR AGREEMENT • TWL'LFI'll LDIT1ON • AIA- • (9J 1987 <br />7'IIEAMElil(:ANINS'1'1'1'll'1'f:OFAE1:111'1'Ela:S, 1735NEW YORK AVENIIE, N.W., WASIIINGON, U.C. 2114106 A101-1907 5 <br />