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2013-026
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2013-026
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Last modified
10/27/2015 1:23:53 PM
Creation date
10/1/2015 5:07:16 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/05/2013
Control Number
2013-026
Agenda Item Number
15.A.2
Entity Name
Barth Construction
Subject
Fire Station No.13 Phase III Expansion
Area
Fire Station No.13
Supplemental fields
SmeadsoftID
11725
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Design/Builder further warrants that upon submittal of an Application for Payment all <br /> construction for which payments have been received from the Owner shall be free and <br /> clear of liens , claims , security interests or encumbrances in favor of the Design/Builder <br /> or any other person or entity performing construction at the site or furnishing materials <br /> or equipment relating to the construction . <br /> § 5. 1 .8 At the time of Substantial Completion , the Owner shall pay the Design/Builder <br /> the retainage , if any , less the reasonable cost to correct or complete incorrect or <br /> incomplete Work. Final payment of such withheld sum shall be made upon correction or <br /> completion of such Work. <br /> § 5 .2 FINAL PAYMENTS <br /> § 5.2 . 1 Neither final payment nor amounts retained , if any, shall become due until the <br /> Design/Builder submits to the Owner: ( 1 ) an affidavit that payrolls , bills for materials and <br /> equipment, and other indebtedness connected with the Work for which the Owner or <br /> Owner's property might be responsible or encumbered (less amounts withheld by the <br /> Owner) have been paid or otherwise satisfied ; (2) a certificate evidencing that insurance <br /> required by the Contract Documents to remain in force after final payment is currently <br /> in effect and will not be canceled or allowed to expire until at least 30 days' prior written <br /> notice has been given to the Owner; (3) a written statement that the Design/Builder <br /> knows of no substantial reason that the insurance will not be renewable to cover the <br /> period required by the Contract Documents ; (4) consent of surety, if any, to final <br /> payment; and ( 5) if required by the Owner, other data establishing payment or <br /> satisfaction of obligations , such as receipts , releases and waivers of liens , claims , <br /> security interests or encumbrances arising out of the Contract, to the extent and in such <br /> form as may be designated by the Owner. If a contractor or other person or entity <br /> entitled to assert a lien against the Owner's property refuses to furnish a release or <br /> waiver required by the Owner, the Design/ Builder may furnish a bond satisfactory to the <br /> Owner to indemnify the Owner against such lien . If such lien remains unsatisfied after <br /> payments are made , the Design/Builder shall indemnify the Owner for all loss and cost, <br /> including reasonable attorneys' fees incurred as a result of such lien . <br /> § 5.2 . 2 When the Work has been completed and the contract fully performed , the <br /> Design/Builder shall submit a final application for payment to the Owner, who shall <br /> make final payment in accordance with the Florida Prompt payment Act , FS§ 218 . 70 et <br /> seq . within 39 days of FeGeopt. <br /> § 5. 2. 3 The making of final payment shall constitute a waiver of claims by the Owner <br /> except those arising from : <br /> A liens , claims , security interests or encumbrances arising out of the Contract <br /> and unsettled ; <br /> . 2 failure of the Work to comply with the requirements of the Contract <br /> Documents ; or <br /> . 3 terms of special warranties required by the Contract Documents . <br /> § 5 .2 .4 Acceptance of final payment shall constitute a waiver of all claims by the <br /> Design/Builder except those previously made in writing and identified by the <br /> Design/Builder as unsettled at the time of final Application for Payment . <br /> 9 <br />
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