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PROJECTS Standard Form of Agreement Between Owner and Contractor where the basis of payment is a STIPULATED SUM [Modified Form of AlA Document AIOI-1997; May, 1998 Edition]

THIS DOCUMENT HAS IMPORTANT LEGAL CONSEQUENCES CONSULTATION WITH AN ATTORNEY IS ENCOURAGED WITH RESPECT TO lTSCOMPLETION OR MODIFICATION,

General condition for Construction Contracts - Public Housing Programs, Form HUD 5270 is hereby adopted in this document by reference.

AGREEMENT made as of the

__

day

in the year of 20

__

.

BETWEEN the Owner:

Santa Fe Civic Housing Authority 664 Alta Vista Street Santa Fe NM 87505 (505) 988 2859

And the Contractor:

License No.

The Project is:

The Architect is:

Villa Allegre Santa Fe New Mexico 87505 Duty And Germanas 1323 Paseo De Peralta Santa Fe, NM 87501 5059898882

The Owner and Contractor agree as follows:

ARTICLE 1 THE CONTRACT DOCUMENTS The Contract Documents consist of this agreement, the PROJECTS Conditions of the Contract (General, Supplementary and other Conditions), Drawings, Specifications, Addenda issued prior to execution of this Agreement, other documents listed in this Agreement and Modifications issued after execution of this Agreement; these form the Contract, and are as fully a part of the Contract as if attached to this Agreement or repeated herein. The Contract represents the entire and integrated agreement between the parties hereto and supersedes prior negotiations, representations or agreements, either written or oraL An enumeration of the Contract Documents other than Modifications, appear in Article 8.

ARTICLE 2 THE WORK OF THIS CONTRACT The Contractor shall fully execute the Work described in the Contract Documents, except to the extent

specifically indicated inthe Contract Documents to be the responsibility of others.

ARTICLE 3 DATE OF COMMENCEMENT AND SUBSTANTIAL COMPLETION

3.1

The date of commencement of the Work shall be established in two notices to proceed. The first notice to proceed shall be issued by the owner, granting permissions to the Contractor to procure contract materials, equipment, and services essential to the demolition of existing site infrastructure. The first notice to proceed shall also entitle to Contractor to enter subcontracts with

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