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Not applicable.
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<br />7.1.4 For the Construction Manager's self -performed portion of the Work, if any, awarded in accordance with
<br />Section 3.1.15, the current lump sum amount for that portion of Work as documented in the Guaranteed Maximum
<br />Price proposal or by Change Order shall be the cost to be reimbursed. Costs included in the Construction Manager's
<br />self -performed portion of the Work shall not be reimbursed as part of any other section in Article 7.
<br />Senior Proiect Manatier/Director, Proiect Manager, and Project Engineer when performing management and
<br />administrative activities for the Project.
<br />§ 7.2.5 If agreed rates for labor costs, in lieu of actual costs, are provided in this Agreement, the rates shall remain
<br />unchanged throughout the duration of this Agreement, unless the parties execute a Modification. Rates for the
<br />personnel listed in Exhibit 2 shall be used in lieu of actual costs. Rates shall be adjusted on an annual basis on July 151
<br />of each ,year.
<br />PAGE 15
<br />.1 Salaries and other compensation of the Construction Manager's personnel stationed at the Construction
<br />Manager's principal office or offices other than the site office, except as specifically provided in
<br />Section ;-2—,7.2.2.1, or as may be provided in Article 14,
<br />PAGE 16
<br />The Construction Manager shall keep full and detailed records and accounts related to the Cost of the Work, and
<br />exercise such controls, as may be necessary for proper financial management under this Contract and to substantiate
<br />all costs incurred. The accounting and control systems shall be satisfactory to the Owner. The Owner and the Owner's
<br />auditors shall, during regular business hours and upon reasonable notice, be afforded access to, and shall be permitted
<br />to audit and copy, the Construction Manager's records and accounts, including complete documentation supporting
<br />accounting entries, books, job cost reports, correspondence, instructions, drawings, receipts, subcontracts,
<br />Subcontractor's proposals, Subcontractor's invoices, purchase orders, vouchers, memoranda, and other data relating
<br />to this r^Contract and such documents will be subject to Indiana Code 5-14-3. The Construction Manager shall
<br />preserve these records for a period of three years after final payment, or for such longer period as may be required by
<br />law.
<br />PAGE 17
<br />§ 11.1.3 Provided that an Application for Payment is received by the Architect not later than the 15th day of a month,
<br />the Owner shall make payment of the amount certified to the Construction Manager not later than the 15th day of the
<br />following; month. if an Application for Payment is received by the Architect after the application date fixed above,
<br />payment of the amount certified shall be made by the Owner not later than { }forty-five [45) days after the Architect
<br />receives the Application for Payment.
<br />§ 11.1.4 With each Application for Payment, the Construction Manager shall submit payrolls, petty cash accounts, receipted
<br />invoices or invoices with check vouchers attached, and any other evidence required by the Owner or Architect to
<br />demonstrate that payments already made by the Construction Manager on account of the Cost of the Work equal or exceed
<br />progress payments already received by the Construction Manager, plus payrolls for the period covered by the present
<br />Application for Payment, less that portion of the progress payments attributable to the Construction Manager's Fee. Such
<br />records will be subject to Indiana Code 5-14-3.
<br />PAGE 18
<br />Five Percent (5%)
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