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.5 The warehouse(or secure portion thereof)is continuously under lock and key,and only the Construction Manager's authorized personnel shall have access. .6 The Owner shall at all times have the right of access to stored materials in the possession of the Construction Manager. .7 The Construction Manager assumes total responsibility for the stored materials. .8 The Construction Manager furnishes to the Owner proofs of title bearing the Owner's name,satisfactory evidence that the Construction Manager has paid for the materials in question,certified lists of materials stored,bills of lading,invoices and other information as may be required,and shall also furnish notice to the Owner when materials are moved from storage to the Project site. §11.1.4 With each Application for Payment,the Construction Manager shall submit the reports required in Section 3.3 and its current detailed computerized substantiation(such as a detailed job cost report)and lien releases(if required by Owner);the Construction Manager shall also submit payrolls,petty cash accounts,receipted invoices or invoices with check vouchers attached,and any other evidence if required by the Owner or Architect.The Construction Manager may be required to account on a monthly basis as part of its Application for Payment for the Cost of the Work for certain portions of the Project that the Owner defines prior to setting the GMP—such Costs of the Work will include allocation of Specified General Conditions as well as building system and other shared costs.Upon request,the Construction Manager shall demonstrate that cash disbursements.already made by the Construction Manager on account of the Cost of the Work equal or exceed(1)progress payments already received by the Construction Manager, less(2)that portion of those payments attributable to the Construction Manager's Fee,plus(3)payrolls for the period covered by the present Application for Payment. §11.1.4.1 As a part of its Application for Payment,the Construction Manager shall promptly,following the date of execution of the GMP Amendment,prepare a comprehensive list of equipment that it anticipates to use on the Project, whether owned or rented.The Construction Manager shall maintain and submit to the Owner monthly a detailed equipment inventory of all equipment it has purchased and charged as a Cost of the Work or job-owned through aggregate rentals and shall prepare an equipment rental report that identifies the equipment rented for the month and identifies the source of the rented equipment.The inventory shall include(1)the original acquisition cost and date,(2) the Owner-approved fair market value of the equipment when first used on the Project,and(3)the fmal disposition. §11.1.5 At least fourteen(14)days before the first Application for Payment,the Construction Manager shall submit to the Owner and Architect a schedule of values allocated to various portions of the Work,prepared in such form and supported by such data to substantiate its accuracy as the Owner or Architect may require.These schedules,unless objected to by the Architect or the Owner,shall be used as a basis for reviewing the Construction Manager's Applications for Payment.Each Application for Payment shall be based on the most recent schedule of values submitted by the Construction Manager in accordance with the Contract Documents.The schedule of values shall allocate the entire Guaranteed Maximum Price among the various portions of the Work,except that the Construction Manager's Fee,Negotiated Support Services, Specified General Conditions,and Contingency shall be shown as single separate items. The schedule of values shall be prepared in such form and supported by such data to substantiate its accuracy as the Owner may require.This schedule,unless objected to by the Owner,shall be used as a basis for reviewing the Construction Manager's Applications for Payment. §11.1.6 Applications for Payment shall show the percentage of completion of each portion of the Work as of the end of the period covered by the Application for Payment.The percentage of completion shall be the lesser of(1)the percentage of that portion of the Work which has actually been completed,or(2)the percentage obtained by dividing (a)the expense that has actually been incurred by the Construction Manager on account of that portion of the Work for which the Construction Manager has made or intends to make actual payment prior to the next Application for Payment by(b)the share of the Guaranteed Maximum Price allocated to that portion of the Work in the schedule of values. §11.1.7 Subject to other provisions of the Contract Documents,the amount of each progress payment shall be computed as follows: .1 Take that portion of the Guaranteed Maximum Price properly allocable to completed Work as determined by multiplying the percentage of completion of each portion of the Work by the share of the Guaranteed Maximum Price allocated to that portion of the Work in the schedule of values.Pending fmal determination of cost to the Owner of changes in the Work,amounts not in dispute shall be included as provided in Section 7.3.9 of the revised General Conditions,subject to Change Order approval limits and process defined by the Everett Municipal Code; ALA Document A133- - 2019. Copyright © 1991, 2003, 2009, and 2019 by The American Institute of Architects. All rights reserved. The "American Institute of Architects," "AIA," the AIA Logo, and "AIA Contract Documents" are registered trademarks and may not be used 2,7 without permission. This draft was produced by AIA software at 13:10:24 ET on 04/22/2021 under Order No.7856855196 which expires on 05/01/2022, is not for resale, is licensed for one-time use only, and may only be used in accordance with the AIA Contract Documents® Terms of Service. To report copyright violations, e-mail copyright@aia.org. User Notes: (1279676012)