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Agna-E5 - PAYMENT PROCEDURES 5.01 Method of Payment A Owner shall make payment for the amount of the contract, less retainage, when the work has been completed. Upon a determination of satisfactory completion, the OOUNTYR-oject Manager will authorize payment to be made. All payments for services shall be made to the CONTRACTOR by the COUNTY in accordance with the Local Government Prompt Payment Act, as may be amended from time to time (Ssction 218.70, Rorida;tatutes, et seq.). The ONNERshall retain five percent (5%) of the payment amount due to CONTRACTOR until the end of the 90 -day warranty period. 5.02 Acceptance of Final Payment as Pelease. A The acceptance by the CONTRACTOR of final payment shall be and shall operate as a release to the GNNEZ from all claims and all liability to the CONTRACTOR other than claims in stated amounts as may be specifically excepted by the OONTRACTORfor all things done or furnished in connection with the work under this Agreement and for every act and neglect of the ONNEZand others relating to or arising out of the work Any payment, however, final or otherwise, shall not release the OONTPACfORor its sureties from any obligations under thisAgreement, the Invitation to Bid or the Public Construction Bond. ARTICLE6 - INDEVI NIRCATION 6.01 OONTPACTORshall indemnify and hold harmlessthe OWNB� and itsofficersand 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 OONTRACTORin the performance of the Work ARTICLE7 - CONTRACTOR'S REPRESENTATIONS 7.01 In order to induce OVVNEtto enter into thisAgreement 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. CONTRACfORhas visited the Ste and become familiar with and is satisfied asto the general, local, and Ste conditionsthat may affect cost, progress, and performance of the Work. C CONTRAC C)Risfamiliar 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. OONTRAC C)Rhas 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 Ste 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