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ARTICLE 4 - CONTRACT PRICE The Owner shall pay the CONTRACTOR for all work included and completed in accordance with this Agreement, based on the items of work set forth in the CONTRACTOR'S Bid Form. The CONTRACTOR'S price at the time of delivery of goods and services will be the price set forth on the Bid Form. The CONTRACTOR, by January 1 of each year, shall notify Indian River County in writing of any proposed price schedule changes with justification for each change. Indian River County will either accept the proposed changes or decline to accept the price changes within thirty (30) days and ask for negotiation. ARTICLE 5 - PAYMENT PROCEDURES Payments: OWNER shall make payments on account at the Contract Price on the basis of CONTRACTOR's Invoices for Payment at intervals not less than once each month during performance of the Work. In accordance with the Florida Prompt Payment Act, after final acceptance by the OWNER, the OWNER shall make payment to the CONTRACTOR in the full amount. PAYMENT and acceptance of such payment by the CONTRACTOR shall release the OWNER from all claims or liabilities to the CONTRACTOR in connection with this Agreement. ARTICLE 6 - INDEMNIFICATION 6.01 CONTRACTOR shall indemnify and hold harmless the OWNER, and its officers and employees, from liabilities, damages, losses and costs, including, but not limited to, reasonable attorney's fees, to the extent caused by the negligence, recklessness, or intentional wrongful misconduct of the CONTRACTOR and persons employed or utilized by the CONTRACTOR in the performance of the Work. ARTICLE 7 - CONTRACTOR'S REPRESENTATIONS 7.01 In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following representations: A. CONTRACTOR has examined and carefully studied the Contract Documents and the other related data identified in the Invitation to Bid documents. B. CONTRACTOR has visited the Site and become familiar with and is satisfied as to the general, local, and Site conditions that may affect cost, progress, and performance of the Work. C. CONTRACTOR is familiar with and is satisfied as to all federal, state, and local Laws and Regulations that may affect cost, progress, and performance of the Work. D. CONTRACTOR has obtained and carefully studied (or assumes responsibility for having done so) all additional or supplementary examinations, investigations, explorations, tests, studies, and data concerning conditions (surface, subsurface, and Underground Facilities) at or contiguous to the Site which may affect cost, progress, or performance of the Work or which relate to any aspect of the means, methods, techniques, sequences, and procedures of construction to be employed by CONTRACTOR, including applying the specific means, methods, techniques, sequences, and