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ARTICLE 5 - CONTRACT PRICE <br />5.01 OWNER shall pay CONTRACTOR for completion of the Work an amount in current funds equal to <br />the sum of the amounts determined pursuant to paragraph 5.01.A and summarized in paragraph <br />5.01.B, below: <br />A. For all Work, at the prices stated in CONTRACTOR's Bid, attached hereto as an exhibit. <br />B. THE CONTRACT SUM subject to additions and deductions provided in the Contract Documents: <br />Numerical Amount: $ al v 39 3 q \ <br />Written Amount: <br />ARTICLE 6 - PAYMENT PROCEDURES <br />6.01 Progress Payments. <br />Yuck. <br />ce e JoUacS <br />x)( <br />A. The OWNER shall make progress payments to the CONTRACTOR on the basis of the <br />approved partial payment request as recommended by ENGINEER in accordance with the <br />provisions of the Local Government Prompt Payment Act Honda Statutes section 218.70 <br />et seq. The OWNER shall retain ten percent (10%) of the payment amounts due to the <br />CONTRACTOR until fifty percent (50%) completion of the work After fifty percent (50%) <br />completion of the work is attained as certified to OWNER by ENGINEER in writing, OWNER <br />shall retain five percent (5%) of the payment amount due to CONTRACTOR until final <br />completion and acceptance of all work to be performed by CONTRACTOR under the <br />Contract Documents. Pursuant to Florida Statutes section 218.735(8)(b), fifty percent <br />(50%) completion means the point at which the County as OWNER has expended fifty <br />percent (50%) of the total cost of the construction services work purchased under the Bid <br />and Specification Documents together with all costs associated with existing change <br />orders and other additions or modifications to the construction services work provided <br />under the Contract Documents. <br />6.02 Pay Requests. <br />A. Each request for a progress payment shall contain the CONTRACTOR'S certification. All <br />progress payments will be on the basis of progress of the work measured by the <br />schedule of values established, or in the case of unit price work based on the number of <br />units completed. After fifty percent (50%) completion, and pursuant to Florida Statutes <br />section 218.735(8)(d), the CONTRACTOR may submit a pay request to the County as <br />OWNER for up to one half (1/2) of the retainage held by the County as OWNER, and the <br />County as OWNER shall promptly make payment to the CONTRACTOR unless such <br />amounts are the subject of a good faith dispute; the subject of a claim pursuant to <br />Florida Statutes section 255.05(2005) or otherwise the subject of a claim or demand by <br />the County as OWNER or the CONTRACTOR. The CONTRACTOR acknowledges that <br />where such retainage is attributable to the labor services, or materials supplied by one <br />Page 2 of 7 <br />