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<br />ARTICLE 7 - INTEREST
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<br />7.01 All moneys not paid when due as provided in Article 14 oflhe 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 enter inlo this Agreement CONTRACTOR makes the following representations:
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<br />A. CONTRACTOR has examined and ea,efully studied the Contraet Doeuments and the other relaled data
<br />identified in lhe Bidding Documents.
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<br />B. CONTRACTOR has visited the Sile and become familiar wilh and is satisfied as 10 lhe general, local, and Site
<br />eonditions thai may affeel eost, progress, and performance of lhe Work.
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<br />C. CONTRACTOR is familiar with and is satisfied as to all federal, state, and Jocal Laws and Regulations that
<br />may affect cost, progress, and performance of the Work.
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<br />D. CONTRACTOR has carefully studied all: (I) (X)Yes or ( )No - reports of explorations and tests of
<br />subsurfaee conditions at or eonliguous to the Site and all drawings of physical eonditions in or relaling to existing surface or
<br />subsurface structures al or eontiguous to the Sile (exeepl Underground Faeilities) which have been identified in the
<br />Supplementary Conditions as provided in paragraph 4.02 oflhe General Conditions and (2) (X )Yes or ( )No - reports
<br />and drawings of a Hazardous Environmental Condition, if any, at the Site whieh has been identified in the Supplementary
<br />Conditions as provided in paragraph 4,06 of the General Conditions,
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<br />E, CONTRACTOR has obtained and earefully studied (or assumes responsibility for having done so) all
<br />additional or supplementary examinations, invesligalions, explo,ations, lests, studies, and data eoncerning eonditions
<br />(sw;faee, subsurfaee, and Underground Faeilities) at or eontiguous to the Site which may affeet eost. progress. or
<br />perfonnance of the Work or which relate to any aspect of the means, methods, techniques, sequences, and procedures of
<br />eonstruction to be employed by CONTRACTOR, including applying the specifie means, methods, teehniques, sequences,
<br />and procedures of construction, if any, expressly required by the Contract Documents 10 be employed by CONTRACTOR,
<br />and safely p,ecautions and programs incident thereto.
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<br />F, CONTRACTOR does not eonsider that any further examinalions, investigalions, explorations, lesls, studies, or
<br />data are neeessary for lhe performance oflhe Work at the Contrael Price, within the Contract Times, and in aceordanee
<br />with the other terms and conditions of the Contract Documents.
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<br />G. CONTRACTOR is aware of the general nature of work 10 be performed by OWNER and the others at the Site
<br />lhal relates 10 the Work as indieated in lhe Contract Documents,
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<br />H. CONTRACTOR has eorrelaled the informalion known to CONTRACTOR, information and observations
<br />obtained from visits to the Site. reports and drawings idenlified in lhe Cont,act Documents, and all additional examinations.
<br />investigations, explorations, tests, studies, and data with the Contract Documents.
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<br />l. CONTRACTOR has given ENGINEER written notice of all eonfliets, errors, ambiguities, of discrepancies that
<br />CONTRACTOR has discovered in the Contract Documents, and the written resolution lhereofby ENGINEER is aeeeptable
<br />10 CONTRACTOR..
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<br />J. The Contract Doeuments are generally sufficient [0 indieate and convey unde,standing of all terms and
<br />eondilions for performanee and furnishing oflhe Work.
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