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I That Contractor guarantees to repair , replace or otherwise make good to the satisfaction of the County any defect in workmanship or material appearing in the Work , and further guarantees the successful performance of the Work for the service intended . Neither inspection nor payment , including final payment , by the County shall relieve the Contractor or its Surety from his or its obligations to do and complete the Work in accordance with this Contract . If the County deems it inexpedient to require the Contractor to correct deficient or defective Work , an equitable deduction from the contract price shall be made therefore or in the alternative , if the expense incurred by the County to correct deficient or defective Work exceeds the unpaid balance on this Contract , the Contractor shall pay the difference to the County . The liability of the Contractor and its surety or sureties for such payment is joint and several . 6 . TERM Unless terminated as provided for herein , the term of this Contract shall be for a period of five ( 5 ) years from the date first written above . Upon mutual agreement , the parties may extend the terms of the Contract for one ( 1 ) additional three -year term . The Work shall be conducted in such a manner and with sufficient labor , materials , tools , and equipment necessary to complete the Work within the time limit set forth in the Contract . Should the organization of the Contractor , or its management , or the manner of carrying on the work be manifestly incompetent , or inadequate to do the work specified within the stated time , then the County shall have the right to take charge of the work and finish it and provide the labor , materials and equipment necessary to complete the work as planned within the required time and to charge the cost of all such work against the Contractor and his , or its surety shall be held responsible therefore . The Contractor fully understands and agrees that the County shall not pay for any obligations or expenditure made by the Contractor prior to the effective date of this Contract , unless the County authorizes such payment in writing . 7 . CONTRACT PAYMENT The Contractor shall pay to the County for the performance of this Contract at the rate of 52 . 75 % of revenue of Number 2 Bundle price based on Birmingham Market at the time the materials are removed from the St . Lucie County Solid Waste Baling & Recycling Facility . Payment shall be made within 20 days of removal of materials from the St . Lucie County Solid Waste Baling & Recycling Facility . - 3 -