Observable physical conditions and the contract documents

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Reference no: EM131436331

The Contractor shall review such information furnished by the Owner and compare such information with observable physical conditions and the Contract Documents. The Contractor represents that it has inspected the location of the Work and has satisfied itself as to the condition thereof, including, without limitation, all structural, surface and subsurface conditions based upon the soil and subsurface engineering and investigative reports (including any environmental site assessments), if any, provided by the Owner. The Contractor shall be responsible for any conflicts, errors or omissions even if Contractor promptly reports to Owner and Architect in writing any conflicts, errors or omissions that it recognizes. Based upon the foregoing inspections, understandings, agreements and acknowledgements, the Contractor agrees and acknowledges (i) that the GMP shall be just and reasonable compensation for all the Work, including all foreseen and unforeseen risks, hazards and difficulties in connection therewith and (ii) that the Contract Time is adequate for the performance of the Work.

The above language has been included in the draft contract provided by the Owner.

Which of the "dirty dozen" does this paragraph involve?

As the Contractor, describe the risk/problem with the paragraph above?

Reference no: EM131436331

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