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1 <br />00 /100 dollars ($500.00) for each day that expires after the time specified in paragraph 3.1 for <br />completion and readiness for final payment. <br />Article 4. CONTRACT PRICE. <br />' OWNER shall pay CONTRACTOR for completion of the Work in accordance with the Contract <br />Documents an amount in current funds equal to the sum of the amounts determined pursuant to paragraphs <br />4.1 and 4.2 below: <br />4.1. for all Work other than Unit Price Work, a Lump Sum o£ N/A <br />(use words) figures <br />All specific cash allowances are included in the above price and have been computed in accordance <br />' with paragraph 11.02 of the General Conditions; <br />plus <br />4.2. for all Unit Price Work, an amount equal to the sum of the established unit price for each <br />separately identified item of Unit Price Work times the estimated quantity of that item as indicated <br />tin this paragraph 4.2: <br />UNIT PRICE WORK <br />' ESTIMATED UNIT TOTAL <br />NO. ITEM UNIT QUANTITY PRICE ESTIMATED <br />' Refer to Exhibit "A" 0 <br />TOTAL OF ALL UNIT PRICES <br />$ <br />As provided in paragraph 11.03 of the General Conditions estimated quantities are not guaranteed, and <br />' determinations of actual quantities and classification are to be made by ENGINEER as provided in <br />paragraph 9.08 of the General Conditions. Unit prices have been computed as provided in paragraph <br />11.03.13 of the General Conditions. <br />Article 5. PAYMENT PROCEDURES. <br />' CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the General <br />Conditions. Applications for Payment will be processed by ENGINEER as provided in the General <br />Conditions. <br />5.1. Progress Payments; Retainage. OWNER shall make progress payments on account of <br />the contract Price on the basis of CONTRACTOR's Applications for Payment as recommended by <br />tENGINEER, on or about the last day of each month during construction as provided in <br />12/04 00500 -2 03 -4138 <br />