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and suppliers . Pursuant to Florida Statutes section 218 . 735 (8)(c)(2005) , Contractor further acknowledges and agrees that : 1 ) the County shall receive immediate written notice of all decisions made by Contractor to withhold retainage on any subcontractor at greater than five percent (5 %) after fifty percent (50%) completion; and 2) Contractor will not seek release from the County of the withheld retainage until the final pay request. 1 . 2 . 4 . Paragraphs 1 . 2 . 2 and 1 . 2 . 3 do not apply to construction services Work purchased by the County as Owner which are paid for, in whole or in part, with federal funds and are subject to federal grantor laws and regulations or requirements that are contrary to any provision of the Local Government Prompt Payment Act. In such event, payment and retainage provisions shall be governed by the applicable grant requirements and guidelines . 1 . 2 . 5 . In accordance with the provisions of Florida Statutes section 208 . 735 (7)(a)(2005), upon receipt of the draft certificate of substantial completion from Engineer, the Owner, the Engineer, { and the Contractor shall conduct a walk-through of the Project to document a list of any items required to render the Work on the Project complete, satisfactory, and acceptable under this Agreement (herein the " Statutory List") . The Statutory List shall be reduced to writing and circulated among the Owner, the Engineer, and the Contractor by the Owner or the Engineer within 30 calendar days after substantial completion. The Owner and Contractor acknowledge and agree that : 1 ) the failure to include any corrective work or pending items not yet completed on the Statutory List does not alter the responsibility of the Contractor to complete all of the Work under this Agreement; 2) upon completion of all items on the Statutory List, the Contractor may submit a pay request for all remaining retainage except as otherwise set forth in this Agreement; and 3 ) any and all items that require correction under this Agreement and that are identified after the preparation of the Statutory List remain the obligation of the Contractor to complete to the Owner ' s satisfaction under this Agreement. After receipt of the Statutory List by the Contractor, the Contractor acknowledges and agrees that it will diligently proceed to complete all items on the Statutory List and schedule a final walk-through in anticipation of final completion on the Project. Article 2 . TIME OF COMPLETION 60 Days from receipt of the Notice to Proceed. Article 3 . GENERAL 3 . 1 . The Contractor hereby certifies that he has read every clause of the Contract Documents and that he has made such examination of the location of the proposed work as is necessary to understand fully the nature of the obligation herein made ; and shall complete the same the time limit specified herein in accordance with the plans and specifications . 3 . 2 . The Owner and Contractor agree to maintain records, invoices, and payments for the work sufficient for pre and post payment audit. . 3 . 3 All work under this Contract shall be done to the satisfaction of the Owner, who shall in all cases determine the amount, quality, fitness, and acceptability of the several kinds of work and materials which are to be paid for hereunder, and shall decide all questions which may arise as to fulfillment of the Contract on the part of the Contractor, and Owner' s decision thereon shall be Page 44 of 55