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  2. Finance Committee - Agenda - 5/3/2016 - P91

Finance Committee - Agenda - 5/3/2016 - P91

By dnadmin on Mon, 11/07/2022 - 09:54
Document Date
Tue, 05/03/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Tue, 05/03/2016 - 00:00
Page Number
91
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__050320…

3. The words “perform” or ‘Provide,” when used in connection with services, materials, or equipment, shall mean to
furnish and install said services, materials, or equipment complete and ready for intended use.

4. When “furnish,” “install,” “perform,” or “provide” is not used in connection with services, materials, or equipment
in a context clearly requiring an obligation of CONTRACTOR, “provide” is implied.

E. Unless stated otherwise in the Contract Documents, words or phrases which have a well-known technical or
construction industry or trade meaning are used in the Contract Documents in accordance with such recognized
meaning.

ARTICLE 2 - PRELIMINARY MATTERS

2.01 Delivery of Bonds

A. When CONTRACTOR delivers the executed Agreements to OWNER, CONTRACTOR shall also deliver to OWNER
such Bonds as CONTRACTOR may be required to furnish.

2.02 Copies of Documents

A. OWNER shall furnish to CONTRACTOR up to 5 copies of the Contract Documents as are reasonably necessary for
execution of the Work. Additional copies will be furnished upon request at the cost of reproduction.

2.03 Commencement of Contract Times; Notice to Proceed
A. The Contract Times will commence on the day indicated in the Notice to Proceed
2.04 Starting the Work

A. CONTRACTOR shall start to perform the Work on the date when the Contract Times commence to run. No Work
shall be done at the Site prior to the date on which the Contract Times commence to run.

2.05 Before Starting Construction

A. CONTRACTOR’s Review of Contract Documents: Before undertaking each part of the Work, CONTRACTOR shall
carefully study and compare the Contract Documents and check and verify pertinent figures therein and all applicable
field measurements. CONTRACTOR shall promptly report in writing to ENGINEER any conflict, error, ambiguity, or
discrepancy which CONTRACTOR may discover and shall obtain a written interpretation or clarification from
ENGINEER before proceeding with any Work affected thereby; however, CONTRACTOR shall not be liable to OWNER
or ENGINEER for failure to report any conflict, error, ambiguity, or discrepancy in the Contract Documents unless
CONTRACTOR knew or reasonably should have known thereof.

B. Preliminary Schedules: Within ten days after the effective Date of the Agreement (unless otherwise specified in the
General Requirements), CONTRACTOR shall submit to ENGINEER for its timely review:

1.A preliminary progress schedule indicating the times (numbers of days or dates) for starting and completing the
various stages of the Work, including any Milestones specified in the Contract Documents;

2. A preliminary schedule of Shop Drawing and Sample submittals which will list each required submittal and the
times for submitting, reviewing, and processing such submittal; and

3. A preliminary schedule of values for all of the Work which includes quantities and prices of items which when
added together equal the Contract Price and subdivides the Work into component parts in sufficient detail to serve
as the basis for progress payments during performance of the Work. Such prices will include an appropriate
amount of overhead and profit applicable to each item of Work.

GC - 8 of 53

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Finance Committee - Agenda - 5/3/2016 - P91

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