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SECTION V COMPENSATION <br /> The COUNTY agrees to pay, and the CONSULTANT agrees to accept fees for services <br /> rendered according to the attached Cost Proposal included as Exhibit `B ". <br /> SECTION VI - PARTIAL PAYMENTS <br /> The COUNTY shall make monthly partial payments to the CONSULTANT for all <br /> authorized work pertaining directly to this project performed during the previous calendar month <br /> The CONSULTANT shall submit invoices monthly for services performed and expenses <br /> incurred pursuant to this Agreement during the prior month. <br /> The CONSULTANT shall submit duly certified invoices to the Director of the Public <br /> Works Department. For lump sum line items, the amount submitted shall be the prorated amount <br /> due for all work performed to date under this phase, determined by applying the percentage of <br /> the work completed as certified by the CONSULTANT, to the total due for this phase of the <br /> work. For each invoice, the CONSULTANT shall certify that the total invoice amount is <br /> correct. <br /> The amount of the partial payment due the CONSULTANT for the work performed to- <br /> date under these phases shall be an amount calculated in accordance with the previous <br /> paragraph, less ten percent ( 10%) of the invoice amount thus determined, which shall be <br /> withheld by the COUNTY as retainage, and less previous payments. <br /> The ten percent ( 10%) retainage withheld shall be paid in full to the CONSULTANT by <br /> the COUNTY, within forty-five days after the date of final acceptance of the work by the <br /> Director of Public Works. <br /> Billings shall be payable in accordance with the provisions of the Local Government <br /> Prompt Payment Act, Florida Statutes section 218 .70 et. seq. at not less than monthly intervals. No <br /> payment shall be made unless the Public Works Director has received and approved the work <br /> products required under the "Scope of Services" herein . <br /> G:\WESTPALMBEACH SHARES\SHARED\PROPOSALSUNDIAN RIVER COUNTY\WORK ORDER 7 - 2-YR MIT REEF MON\.ATM <br />