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expended fifty percent (50%) of the total cost of the construction services work purchased under the <br />Contract Documents, together with all costs associated with existing change orders and other <br />additions or modifications to the construction services work provided under the Contract Documents. <br />5.3. Pay Requests. Each request for a progress payment shall be submitted on the application <br />for payment form supplied by OWNER and the application for payment shall contain the <br />CONTRACTOR's certification. All progress payments will be on the basis of progress of the work <br />measured by the schedule of values established, or in the case of unit price work based on the <br />number of 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 OWNER for up <br />to one half (1/2) of the retainage held by the County as OWNER, and the County as OWNER shall <br />promptly make payment to the CONTRACTOR unless such amounts are the subject of a good faith <br />dispute; the subject of a claim pursuant to Flonda Statutes section 255.05(2005); or otherwise the <br />subject of a claim or demand by the County as OWNER or the CONTRACTOR. The CONTRACTOR <br />acknowledges that where such retainage is attributable to the labor services, or materials supplied by <br />one or more subcontractors or suppliers, the Contractor shall timely remit payment of such retainage <br />to those subcontractors and suppliers. Pursuant to Florida Statutes section 218.735(8)(c)(2005), <br />CONTRACTOR further acknowledges and agrees that 1) the County as OWNER shall receive <br />immediate written notice of all decisions made by CONTRACTOR to withhold retainage on any <br />subcontractor at greater than five percent (5%) after fifty percent (50%) completion, and 2) <br />CONTRACTOR will not seek release from the County as OWNER of the withheld retainage until the <br />final pay request. <br />5.4. Federal Funds. Paragraphs 52 and 5.3 do not apply to construction services work <br />purchased by the County as OWNER which are paid for, in whole or in part, with federal funds and <br />are subject to federal grantor laws and regulations or requirements that are contrary to any provision <br />of the Local Government Prompt Payment Act. In such event, payment and retainage provisions shall <br />be governed by the applicable grant requirements and guidelines. <br />ARTICLE 6 FINAL PAYMENT <br />6.1. Acceptance And Final Payment: Upon receipt of written notice that the work is ready <br />for final inspection and acceptance, the ENGINEER will promptly make such inspection and when <br />the ENGINEER finds the work acceptable under the terms of the Contract and the Contract fully <br />performed, the ENGINEER will promptly issue a final completion certificate stating that the work <br />provided for in this Contract has been completed, and acceptance by the OWNER under the terms <br />and the conditions thereof is recommended and the entire balance found to be due the <br />CONTRACTOR, will be paid to the CONTRACTOR by the OWNER following County Commission <br />approval of the final Contract payment. <br />6.2. Acceptance of Final Payment as Release. The acceptance by the CONTRACTOR of <br />final payment shall be and shall operate as a release to the OWNER from all claims and all liability <br />to the CONTRACTOR other than claims in stated amounts as may be specifically excepted by the <br />CONTRACTOR for all things done or furnished in connection with the work under this Contract and <br />for every act and neglect of the OWNER and others relating to or arising out of the work. Any <br />payment, however final or otherwise, shall not release the CONTRACTOR or its sureties from any <br />obligations under the Contract Documents or the Payment and Performance Bonds. <br />00530-3 <br />