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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:$45,980.00 <br /> Written Amount: Forty five thousand, nine hundred eighty thousand dollars and zero cents <br /> ARTICLE 5-PAYMENT PROCEDURES <br /> 5.01 Method of Payment <br /> Owner shall make only one payment for the entire amount of the contract when the work has been completed. <br /> Upon a determination of satisfactory completion,the COUNTY Project Manager will authorize payment <br /> to be made. All payments for services shall be made to the CONTRACTOR by the COUNTY in accordance <br /> with the Local Government Prompt Payment Act, as may be amended from time to time (Section <br /> 218.70, Florida Statutes, et seq.). <br /> 5.02 Acceptance of Final Payment as Release <br /> The acceptance by the CONTRACTOR of final payment shall be and shall operate as a release to the OWNER <br /> from all claims and all liability to the CONTRACTOR other than claims in stated amounts as may be <br /> specifically excepted by the CONTRACTOR for all things done or furnished in connection with the work <br /> under this Agreement and for every act and neglect of the OWNER and others relating to or arising out <br /> of the work. Any payment, however, final or otherwise, shall not release the CONTRACTOR or its <br /> sureties from any obligations under this Agreement, the Invitation to Bid or the Public Construction <br /> Bond. <br /> ARTICLE 6-INDEMNIFICATION <br /> 6.01 CONTRACTOR shall indemnify and hold harmless the OWNER, and its officers and employees, from <br /> liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the <br /> extent caused by the negligence,recklessness,or intentional wrongful misconduct of the CONTRACTOR <br /> and persons employed or utilized by the CONTRACTOR in the performance of the Work. <br /> ARTICLE 7-CONTRACTOR'S REPRESENTATIONS <br /> 7.01 In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following <br /> representations: <br /> A. CONTRACTOR has examined and carefully studied the Contract Documents and the other related data <br /> identified in the Invitation to Bid documents. <br /> B. CONTRACTOR has visited the Site and become familiar with and is satisfied as to the general,local,and <br /> Site conditions that may affect cost, progress,and performance of the Work. <br /> Page 2 of 6 <br />