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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 />2 <br />