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ARTICLE 4 CONTRACT PRICE 4.1 OWNER shall pay CONTRACTOR for completion of the work in accordance with the Contract Documents in current funds in the amount of $1,657,419.24. ARTICLE 5 PAYMENT PROCEDURES CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the General Conditions. Applications for Payment will be processed by ENGINEER*as provided in the General Conditions and the Contract Documents. 5.1 Progress Payments. The OWNER shall make progress payments to the CONTRACTOR on the basis of the approved partial payment request as recommended' by ENGINEER in accordance with the provisions of the Local Government Prompt/Payment Act, Florida Statutes section 218.70 ET. seq. The OWNER shall.retain ten percent (10%) of the payment amounts due to the CONTRACTOR until fifty percent \(59,%) completion of the work After fifty percent (50%) completion of the work is attained as`certified to OWNER`by ENGINEER in writing, OWNER shall retain five percent (5%)-of`he\payment amount due to_CONTRACTOR until final completion and acceptance4f 0. work to be performed by,CONTRACTOR under the Contract Documents. Pursuant to Flonda Statutes section at V35(8) (b), fifty percent (50%) completion means the point at which the'County as OWNER has expended fifty percent (50%) of the total cost 'of�the construction services work purchased under the Contract Documents, together with all,costs associated with existing change orders and other additions or modifications to the "construction services work provided under the Contract Documents. \\\\ 5.2 Pay Requests. Each request for awprogress paymrt shall be submitted on the application for payment form supplied byOWNER--and\the application for payment shall contain the CONTRACTOR's certification.'All pr gress payments will be on the basis of progress of the work measured`by the schedule`of'values established, or in the case of unit price work based on the number\of'unite completed\After fifty. percent (50%) completion, and pursuant to Florida Statutes section 218.735(8)(d)�the CONTRACTOR may submit a pay request to the County as OWNEkfor4p tosone'half (1/2) of the retainage held by the County as OWNER, and the County as\OWNER shall promptly make payment to the CONTRACTOR unless such amountsare_the subject of a good faith dispute; the subject of a claim pursuant to Florida Statutes sectionr 255.05(2005); or otherwise the subject of a claim or demand by the County as OWNER othe1CONTRACTOR. The CONTRACTOR acknowledges that where such retainage is attributable to the labor, services, or materials supplied by one or more subcontractors or suppliers, the Contractor shall timely remit payment of such retainage to those subcontractors and suppliers. Pursuant to Florida Statutes section 218.735(8) (c) (2005), CONTRACTOR further acknowledges and agrees that: 1) the County as OWNER shall receive immediate written notice of all decisions made by CONTRACTOR to withhold retainage on any subcontractor at greater than five percent (5%) after fifty percent (50%) completion; and 2) CONTRACTOR will not seek release from the County as OWNER of the withheld retainage until the final pay request. 5.3 Paragraphs 5.1 and 5.2 do not apply to construction services work purchased by the County as OWNER which are paid for, in whole or in part, with federal funds and are subject to federal grantor laws and regulations or requirements that are contrary to any provision of the 150