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4.2 The Contract Sum is based upon the following alternates, if any, which are described in the Contract Documents and are <br />hereby accepted by the Owner: <br />(State the nuinbers or other identification of accepted alternates. If decisions on other alternafes are to be made by the Owner subsequent to the execution of this <br />4Areement, attach a schedule of such other alternates showing the amou»t for each and the date unN! which that amount is valid.J <br />_ _ _ _ . . ....... <br />~Tnik ~anc~ ~`ar ~~niiv~t ~nd I~ga~'~1~sposal` o~' ~Caz~~am~~nated ~w~ ~~tt~r~~~ ~1a ;1~~ ..~6+Dl~rbi~ yard <br />ARTICLE 5 <br />PROGRESS PAYMENTS <br />5.1 Based upon Applications for Payment submitted to the Architect ~td;~~kn(~+viedg~,tty #h~ ~ex+ by the Contractar and <br />Certificates for Payment issued by the Architect, We Owner shall make pmgress payments on account of the Contract Sum to the <br />Contractor as provided below and elsewhere in the Contract Documents. <br />5.2 The period covered by each Application for Payment shall be one calendar month ending on the last day of the month, e~ <br />as-€e~lews: <br />~r <br />5.3 Provided an Application for Payment is received by the Architect not later than the day of a month, the Owner shall make <br />~:z::: ,:::. <br />payment to the Contractor not later than the day of the ~~g;;;; month. If an Application for Payment is received by die <br />Architect after the applicadon date fixed above, payment shall be made by the Owner not later than days after the Archite~t <br />receives the Application for Payment. <br />5.4 Each Application for Payment shall be based upon the Schedule of Values submitted by the Contractor in socordance with <br />the Contract Documents. The Schedule of Values shall allocate the entire Contract Sum among the various portions of the Work <br />. . ~~ . . <br />and be prepared in such form and supported by such data to substantiate its accuracy as the Arclutect p~^ +e~;~may reqwre. Tlus <br />schedule, unless objected to by the Architect ~~~i~, shall be used as a basis for reviewing the Contractor's Applications for <br />Payment. <br />5.5 Applications for Payment shall indicate die percentage of comptetion of each portion of the Work as of the end of the <br />nenod covered bv the AUplication for Paymen~r.. xu''' .~~ ~ tb ~,~q~di~d~ ~~~ ~M ~~~r~t fbr ~~+~t ~n~~' <br />AIA DOCUMENT A101 • OWNER-CONTRACTOR AGREEMENT • TWELFTH EDITION • AIA • COPYRIC3HT 1987 • THE AMERICAN INSTfIVCE OF <br />ARCHITECT'S, 1735 NEW YORK AVENUE, N.W., WASHIN(iTON, D.C., 20006-5292. WARNINCi; Unlicereed photooopying violates U.S. copyright lawe and is <br />wbject to legal prosecution. This dacument was eloctronically produced with permissian of the AIA and cen be reproduced without violation umil the date of expiration as <br />~noted below. <br />Electronic Format A101-1987 <br />User pocument: A101 - 2/18/1999. AIA License Number 100632, which expires on 12/7/1999 - Page #3 <br />Unit P~it~e ~`aar ~~p~cted :S~n~ura! F~1 ak 1~r~a tr~~ind~~ficd +~r ~t~-~ted FiI~ (~t~rnate 1~Tc~~ 13) ~~~/cubic y~rd: <br />