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Document Preview Abbreviated Standard Form of Agreement Between Owner and Contractor for Construction Projects of Limited Scope Where the Basis of Payment Is a Stipulated Sum |
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Title: |
Abbreviated Standard Form of Agreement Between Owner and Contractor for Construction Projects of Limited Scope Where the Basis of Payment Is a Stipulated Sum |
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Entities: |
Antigenics, Inc.; Sasso Contruction Co.; Cornerstone Architects |
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Date: |
2003 |
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Size: |
Preview shows 4KB of 64KB total |
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Price: |
$37 |
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ID: |
#143499 |
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AIA DOCUMENT A107-1997
ABBREVIATED STANDARD FORM OF AGREEMENT BETWEEN OWNER AND CONTRACTOR FOR
CONSTRUCTION PROJECTS OF LIMITED SCOPE WHERE THE BASIS OF PAYMENT IS A
STIPULATED SUM
AGREEMENT made as of the Fourth day of March in the year Two Thousand
Three.
BETWEEN the Owner: Antigenics, 34 Commerce Way, Woburn, MA 01801.
Contractor: Sasso Contruction Co., Inc. 231 Andover Street, Wilmington,
MA 01887.
The Project is: Renovations at 3 Forbes Road Lexington, MA.
The Architect is: Cornerstone Architects, 10 Oakridge Circle,
Wilmington, MA 01887
The Owner and Contractor agree as follows.
[LOGO]
1997 EDITION'T Way
Q 1997 A I A 4D
AIA DOCUMENT A107-1997
ABBREVIATED OWNER
CONTRACTOR AGREEMENT
The American Institute of Architects
1735 New York Avenue, N.W. Washington, D.C. 20006-5292
--------------------------------------------------------------------------------
Copyright 1936, 1951, 1958, 1961, 1963, 1966, 1974, 1978, 1987, (C) 1997 by The
American institute of Architects. Reproduction of the material herein or
substantial quotation of its provisions without written permission of the AIA
violates the copyrights laws of the United States and will subject the violator
to legal prosecution.
- Unlicensed photocopying violates U.S. copyright laws and will subject
the violator to legal prosecution
{PAGE}
ARTICLE 1 THE WORK OF THIS CONTRACT
The Contractor shall fully execute the Work described
in the Contract Documents, except to the extent specifically
indicated in the Contract Documents to be the responsibility
of others.
ARTICLE 2 DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION
2.1 The date of commencement of the Work shall be the date of this
Agreement unless a date is stated below or provision is made for the
date to be fixed in a notice to proceed issued by the Owner.
(Insert the date of commencement, if it differs from the date of this Agreement
or, if applicable, state that the date will be fixed in a notice to proceed.)
2.2 The Contract Time shall be measured from the date of commencement.
2.3 The Contractor shall achieve Substantial Completion of the entire Work
not later than August 15, 2003 days from the date of commencement, or as
follows:
(Insert number of calendar days, Alternatively, a calendar date may be used when
coordinated with the date of Commencement. Unless stated elsewhere in the
Contract Documents, insert any requirements for earlier Substantial Completion
of certain portion of the Work.)
,subject to adjustments of this Contract Time as provided in the Contract
Documents.
(Insert provisions, if any, for liquidated damages relating to failure to
complete on time or for bonus payments for early completion of the Work.)
ARTICLE 3 CONTRACT SUM
3.1 The Owner shall pay the Contractor the Contract Sum in current funds
for the Contractor's performance of the Contract. The Contract Sum shall be
Fourteen Million Two Hundred Seventy Thousand Dollars (14,270,000.00), subject
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