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A. The OWNER shall make progress payments to the CONTRACTOR on the basis of the approved <br />partial payment request as recommended by ENGINEER in accordance with the provisions of the <br />Local Government Prompt Payment Act, Florida Statutes section 218.70 et. seq. The OWNER shall <br />retain five percent (5%) of the payment amount due to CONTRACTOR until final completion and <br />acceptance of all work to be performed by CONTRACTOR under the Contract Documents. <br />5.02 Pay Requests. <br />A. Each request for a progress payment shall contain the CONTRACTOR'S certification. All progress <br />payments will be on the basis of progress of the work measured by the schedule of values <br />established, or in the case of unit price work based on the number of units completed. <br />5.03 Paragraphs 5.01 and 5.02 do not apply to construction services work purchased by the County as <br />OWNER which are paid for, in whole or in part, with federal funds and are subject to federal grantor laws and <br />regulations or requirements that are contrary to any provision of the Local Government Prompt Payment Act. In <br />such event, payment and retainage provisions shall be governed by the applicable grant requirements and <br />guidelines. <br />5.04 Acceptance of Final Payment as Release. <br />A. The acceptance by the CONTRACTOR of final payment shall be and shall operate as a release to <br />the OWNER from all claims and all liability to the CONTRACTOR other than claims in stated <br />amounts as may be specifically excepted by the CONTRACTOR for all things done or furnished in <br />connection with the work under this Agreement and for every act and neglect of the OWNER <br />and others relating to or arising out of the work. Any payment, however, final or otherwise, shall <br />not release the CONTRACTOR or its sureties from any obligations under this Agreement, the <br />Invitation to Bid or the Public Construction Bond. <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 from <br />all claims and all liability to the CONTRACTOR other than claims in stated amounts as may be specifically <br />excepted by the CONTRACTOR for all things done or furnished in connection with the work under this <br />Agreement and for every act and neglect of the OWNER and others relating to or arising out of the work. <br />Any payment, however, final or otherwise, shall not release the CONTRACTOR or its sureties from any <br />obligations under this Agreement, the Invitation to Bid or the Public Construction 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 extent <br />caused by the negligence, recklessness, or intentional wrongful misconduct of the CONTRACTOR and <br />persons employed or utilized by the CONTRACTOR in the performance of the Work. <br />ARTICLE 7 - CONTRACTOR'S REPRESENTATIONS <br />