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O1!23i98 16:29 $503 588 523i <br />JAN--23-99 1 S= 21 FROM ~ BALL .7aNti K LLP <br />11iARI0N C0. COM. <br />ID=503 295 105A <br />[~ 011~01~ <br />PAGE il/14 <br />63 Scheduliag. Managet sha11 coordinate obtaining from the general <br />contraetor and deliveriag ta Owz~er a schedule s~ttiag forth (a} the esti.mar~ed perccnrage of <br />completion of eanstr~tioa on each date oa w~ich a construction advance may be requested by <br />the }~caaal contraetor pu~at to the constructien coIItr~ (b) the estirnaxed constru.crion <br />advaace to be requesttd on each such date, and {c) the dates of substautial campletion of the <br />pri.mary structuial ~d mechan~cai elem~rts af the Buildirig- <br />6.4 Ctrcificates of Insuraace_ Manager shall obtain certificates of insuraace <br />from the architeet aad geaeral contraetor on the Pmject as is required by their con~acts. <br />6_5 P_fivsicalIaseectiog <br />Duzing tbe Cvns-~uction Perio~ M~ag~r siZall observe the Projecc with s~fficieut <br />fi~equeacy so tt~ Maaager s~hall. at all tsmes, be app~ised of the t~ea-c~rteat s7atus of <br />cons~ction to moaitor eonform.ance with the cansttuetion drxt~ents. Maaager shall become <br />acquaiated wit~ the Final Plans referred to in consmu.-tioa documeats_ <br />6_6 Constiructioa Reports <br />During che Cflnstruction Period, M~ager shall wark with the architect to read~r <br />to Qwr,.er, v~ritbin twenty (20) day~s af the ead of tach caletidar montl~, a report far such montl~ <br />which report shall cont~ aa least the followmg: <br />6.6.1 The acti-al. cor~s~uctian progress acEiieved during svch month and <br />to-date, awd a compazison thereof to scheduled constructioa progr~ss for t~e samo p~riods; <br />6.6.2 T1ie actual expenditures made diQing such moath and to-daa~te, by <br />category of expeadit~e; and a comparisoa thereef to the Project Budget; <br />6.6.3 1$e estimattd cost of completioa of the Proj ect; <br />6.6.4 The rcmar.ning available balance of fvnds budgeted by Owner for <br />coastructiori ' <br />6.7 Po~ential Defaults <br />Managet sha]I prom~tly inform Owaet, in deteil, of aay default or ~ <br />' n n' de£a~tlt by the architec~ the general coatractor, or any other contractor uad.~r tha <br />architect's coII~ac~ the conS~uction caa~act, or the Other Project Contracts, respectively, or by <br />Owacr imder any such a~naent, as to which Nlap~,agat 1~ aay actual knowledge or <br />informa~o~ To Lfie extent re~sonably ptacucal, Manager shall endeavor to inform Owner <br />thee~of by telephone calls placed t,o Bi11y Wasson and John ~Vh~ittingwa at their offices_ <br />Ol a5790.RED <br />