Contract Price and Payments to Contractor. 63 7.1 Contract Price 63 7.2 Interim Payments. 64
Contract Price and Payments to Contractor. 18 7.1 Contract Price and Estimated Contract Price 18 7.2 Interim Payments 18 7.3 Final Completion and Final Payment 19 7.4 Payments Not Acceptance of Work 19 7.5 Payments Withheld 19 7.6 Release of Retainage 19 ARTICLE 8 TITLE AND RISK OF LOSS 20 8.1 Title 20 8.2 Risk of Loss 20 ARTICLE 9 INSURANCE AND PAYMENT AND PERFORMANCE BONDS 20 9.1 Insurance 20 9.2 Payment and Performance Bonds 20
Contract Price and Payments to Contractor. 7.1 Contract Price
Contract Price and Payments to Contractor. 18 7.1 Contract Price and Estimated Contract Price 18 7.2 Interim Payments 18 7.3 Final Completion and Final Payment 19 7.4 Payments Not Acceptance of Work 19 7.5 Payments Withheld 20 7.6 Release of Retainage 20 ARTICLE 8 TITLE AND RISK OF LOSS 20 8.1 Title 20 8.2 Risk of Loss 20 ARTICLE 9 INSURANCE AND PAYMENT AND PERFORMANCE BONDS 20 9.1 Insurance 20 9.2 Payment and Performance Bonds 20 ARTICLE 10 DOCUMENTATION 21 10.1 Patents and Royalties 21 10.2 Owner Provided Documents 21 ARTICLE 11 MECHANICAL COMPLETION, SUBSTANTIAL COMPLETION, AND FINAL COMPLETION 21 11.1 Notice and Requirements for Mechanical Completion 21 11.2 Notice and Requirements for Substantial Completion 21 11.3 Punchlist 21 11.4 Notice and Requirements for Final Completion 22 11.5 Partial Occupancy and Use 22 11.6 Long-Term Obligations 22 ARTICLE 12 WARRANTY AND CORRECTION OF WORK 22 12.1 Warranty 22 12.2 Correction of Work Prior to Substantial Completion 23 12.3 Correction of Work After Substantial Completion 23 12.4 Assignability of Warranties 24 ARTICLE 13 TIMELY COMPLETION 24 13.1 Timely Completion 24 ARTICLE 14 CONTRACTOR REPRESENTATIONS 24 14.1 Corporate Standing 24 14.2 No Violation of Law 24 14.3 Licenses 25 14.4 No Breach 25 14.5 Financial Solvency 25 14.6 No Conflicts of Interest 25 ARTICLE 15 DEFAULT, TERMINATION AND SUSPENSION 25 15.1 Default by Contractor 25 15.2 Termination for Convenience by Owner 26 15.3 Suspension of Work 27 15.4 Suspension by Contractor 27 15.5 Termination by Contractor 27 ARTICLE 16 INDEMNITIES 27 16.1 General Indemnification 27 16.2 Lien Indemnification 28 16.3 Attorneys’ Fees 28 16.4 Enforceability 28 ARTICLE 17 DISPUTE RESOLUTION 29 17.1 Negotiation 29 17.2 Arbitration 30 17.3 Continued Performance 30 ARTICLE 18 CONFIDENTIALITY 30 18.1 Contractor’s Obligations 30 18.2 Exceptions 30 18.3 Equitable Relief 31 18.4 Term 31 18.5 Disclosure and Filings 31 ARTICLE 19 MISCELLANEOUS PROVISIONS 31 19.1 Entire Agreement 31 19.2 Amendments 31 19.3 Interpretation 31 19.4 Notice 31 19.5 Severability 32 19.6 Assignment 32 19.7 No Waiver 32 19.8 Governing Law 32 19.9 No Publicity 32 19.10 Counterparts 32 19.11 Owner Parent Guaranty 32 19.12 Survival 32
Contract Price and Payments to Contractor
