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§ 12.2.4 If the Owner's accountants report the Cost of the Work as substantiated by the Contractor' s final accounting to be less than claimed by the Contractor. the Contractor shall be entitled to demand arbitration of the disputed amount without a further decision of the Architect. Such demand for arbitration shall be made by the Contractor within 30 days after the Contractor' s receipt of a copy of the Architect' s final Certificate for Payment; failure to demand arbitration within this 30-day period shall result in the substantiated amount reported by the Owner' s accountants becoming binding on the Contractor. Pending a final resolution by arbitration, the Owner shall pay the Contractor the amount certified in the Architect' s final Certificate for Payment. § 12.2.5 If, subsequent to final payment and at the Owner's request, the Contractor incurs costs described in Article 7 and not excluded by Article 8 to correct defective or nonconforming Work, the Owner shall reimburse the Contractor such costs and the Contractor' s Fee applicable thereto on the same basis as if such costs had been incurred prior to final payment, but not in excess of the Guaranteed Maximum Price. If the Contractor has participated in savings as provided in Section 5 .2, the amount of such savings shall be recalculated and appropriate credit given to the Owner in determining the net amount to be paid by the Owner to the Contractor. ARTICLE 13 TERMINATION OR SUSPENSION § 13.1 The Contract may be terminated by the Contractor, or by the Owner for convenience, as prodded in Article 14 of AIA Document A201 - 1997. However, the amount to be paid to the Contractor under Section 14. 1 .3 of AIA Document A201 -1997 shall not exceed the amount the Contractor would be entitled to receive under Section 13 . 2 below, except that the Contractor' s Fee shall be calculated as if the Work had been fully completed by the Contractor, including a reasonable estimate of the Cost of the Work for Work not actually completed. § 13.2 The Contract may be terminated by the Owner for cause as provided in Article 14 of AIA Document A201 - 1997 . The amount, if any, to be paid to the Contractor under Section 14.2.4 of AIA Document A201- 1997 shall not cause the Guaranteed Maximum Price to be exceeded, nor shall it exceed an amount calculated as follows: § 13.2.1 Take the Cost of the Work incurred by the Contractor to the date of termination; § 13.2.2 Add the Contractor' s Fee computed upon the Cost of the Work to the date of termination at the rate stated in Section 5 . 1 .2 or, if the Contractor' s Fee is stated as a fixed sum in that Section, an amount that bears the same ratio to that fixed-sum Fee as the Cost of the Work at the time of termination bears to a reasonable estimate of the probable Cost of the Work upon its completion; and § 13.2.3 Subtract the aggregate of previous payments made by the Owner. § 13.3 The Owner shall also pay the Contractor fair compensation, either by purchase or rental at the election of the Owner, for any equipment owned by the Contractor that the Owner elects to retain and that is not otherwise included in the Cost of the Work under Section 13.2. 1 . To the extent that the Owner elects to take legal assignment of subcontracts and purchase orders (including rental agreements), the Contractor shall, as a condition of receiving the payments referred to in this Article 13, execute and deliver all such papers and take all such steps, including the legal assignment of such subcontracts and other contractual rights of the Contractor, as the Owner may require for the purpose of fully vesting in the Owner the rights and benefits of the Contractor under such subcontracts or purchase orders. § 13.4 The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201 - 1997 ; in such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Section 14.3 .2 of AIA Document A201 -1997 except that the term "profit" shall be understood to mean the Contractor' s Fee as described in Sections 5 . 1 .2 and Section 6.4 of this Agreement. ARTICLE 14 MISCELLANEOUS PROVISIONS § 14.1 Where reference is made in this Agreement to a provision AIA Document A201 - 1997 or another Contract Document, the reference refers to that provision as amended or supplemented by other provisions of the Contract Documents. § 14.2 Payments due and unpaid under the Contract shall bear interest pursuant to the Local Government Prompt Payment Act, FS 218.72 et. seq. (Insert rate of interest agreed upon, if any. ) AIA Document A711 " — 1997. Copyright © 1920, 1925, 1951 , 1958, 1961 , 1963, 1967, 1974, 1978, 1987 and 1997 by The American Institute of Architects. All rights reserved. WARNING : This AIA® Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or 9 distribution of this AIAs Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. 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