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PAYMENT PROCEDURES <br /> Progress Payments: OWNER shall make progress payments on account of the Contract Price on the <br /> basis of CONTRACTOR's Applications for Payment at intervals not less than once each month during <br /> performance of the Work as provided below. <br /> 1 . Ninety percent ( 90%) of Work completed (with the balance being retainage) ; and <br /> 2 . Eighty percent (80 %) of cost of materials and equipment not incorporated in the Work <br /> but stored on the Project site (with the balance being retainage ) . <br /> Final Payment: Upon final completion and acceptance of the Work , OWNER shall pay the remainder of <br /> the Contract Price including any retainage as recommended by County Contract Administrator. <br /> ADMINISTRATION <br /> The County shall appoint a contract administrator for this contract with the authority to issue Notices to <br /> Proceed for Federal Public Assistance categories of work . All Notices to Proceed shall include <br />a <br /> complete and comprehensive Scope of Work . The Contractor shall not initiate work if there is not a <br /> Scope of Work provided with the Notice to Proceed . <br /> AVAILABILITY OF FUNDS <br /> This Contract is for goods and services related to disaster response and recovery operations . <br /> Activation of this Contract will occur in anticipation of Federal and State Public Assistance funding . <br /> Page 12 of 30 <br /> F :\PublicWorks\Hurricane - Disaster Prepared ness\H u rricane 2013\Omni -Debris Removal Bid Doc 06- 11 - 13 . doc <br />