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<br />ARTICLE 7 - INTEREST
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<br />7,01 All mo~eys not paid when due as provided in Article 14 of the General Conditions shall bear interesl at the rate of
<br />8 '% per annum.
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<br />ARTICLE 8 - CONTRACTOR'S REPRESENTATIONS
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<br />8,0 I In order to induce OWNER to ente, into lhis Agreement CONTRACTOR makes the following represenlations:
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<br />A, CONTRACTOR has examined and earefully studied the Contract Documents and lhe other related data
<br />identified in lhe Bidding Documents.
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<br />B. CONTRACTOR has visited the Site and become familiar wilh and is satisfied as 10 lhe general, local, and Site
<br />eonditions that may affecl eosl, progress, and perfonnanee oflhe Work.
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<br />C. CONTRACTOR is familiar with and is salisfied as to all federal, state, and local Laws and Regulalions that
<br />may affect cost, progress, and perfonnanee of the Work,
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<br />D. CONTRACTOR has carefully studied all: (1) (X)Yes or ( )No - reports of explorations and tests of
<br />subsurfaee eonditions at or eontiguous 10 the Site and all drawings of physical conditions in or relaling 10 exisling surface or
<br />subsurfaee struetures at or conliguous 10 lhe Sile (exeept Underground Facilities) whieh have been identified in lhe
<br />Supplementary Conditions as provided in paragraph 4.02 of the General Conditions and (2) (X )Yes or ( )No - reports
<br />and drawings of a Hazardous Environmental Condition, if any, at the Site which has been identified in the Supplementary
<br />Conditions as provided in paragraph 4.06 of lhe General Conditions.
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<br />E. CONTRACTOR has obtained and earefully studied (or assumes responsibility for having done so) all
<br />addilional or supplementary examinations, investigalions, explorations, lests, studies, and data eoneerning conditions
<br />(suoface, subsurfaee. and Underground Faeililies) at or eontiguous 10 lhe Sile whieh may affeet eosl, progress, or
<br />perfonnanee of the Work or which ,elate to any aspect oflhe means, methods, lechniques, sequences, and procedures of
<br />eonstruction to be employed by CONTRACTOR, including applying the specific means, methods, leehniques, sequenees,
<br />and procedures of eonstruction, if any, expressly required by the Contraet Documents to be employed by CONTRACTOR,
<br />and safely precautions and programs incidentlhereto.
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<br />F, CONTRACTOR does not consider lhat any further examinations, investigations, explorations, lests, studies, or
<br />data are neeessary for lhe perfonnanee of the Work at the Contrael Priee, within the Contrael Times, and in aceordanee
<br />with lhe other tenns and conditions of the Contract Documents.
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<br />G. CONTRACTOR is aware of the general nature ofwo,k 10 be perfonned by OWNER and the olhers at lhe Site
<br />that relates to the Work as indicated in the Contract Documents.
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<br />H. CONTRACTOR has eorrelated lhe infonnation known to CONTRACTOR, infonnation and observations
<br />obtained from visits 10 the Site, reports and drawings idenlified in lhe Contraet Documents, and all addilional examinations.
<br />investigations, explorations, tests, studies, and data with lhe Contrael Documenls,
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<br />L CONTRACTOR has given ENGINEER written notiee of all confliels, errors, ambiguities, of discrepancies that
<br />CONTRACTOR has discovered in the Contract Documents, and the written resolution thereof by ENGINEER is acceptable
<br />to CONTRACTOR.
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<br />J. The Contraet Documents are generally sufficient to indicate and eonvey understanding of alltenns and
<br />eonditions for perfonnanee and furnishing of the Work,
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