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14.07 Final Payment <br />A. Application for Payment <br />1. After CONTRACTOR has, in the <br />opinion of ENGINEER, satisfactorily completed <br />all corrections identified during the final <br />inspection and has delivered, in accordance <br />with the Contract Documents, all maintenance <br />and operating instructions, schedules, guaran- <br />tees, Bonds, certificates or other evidence o= <br />insurance certificates of inspection, marked -up <br />record documents (as provided in paragraph <br />6.12), and other documents, CONTRACTOR <br />may make application for final payment follow- <br />ing the procedure for progress payments. <br />2. The final Application for Payment <br />shall be accompanied (except as previously <br />delivered) by: (i) all documentation called for in <br />the Contract Documents, including but not <br />limited to the evidence of insurance required by <br />subparagraph 5.04.B.7; (ii) consent of the <br />surety, if any, to final payment; and (iii) complete <br />and legally effective releases or waivers <br />(satisfactory to OWNER) of all Lien rights arising <br />out of or Liens filed in connection with the Work. <br />3. In lieu of the releases or waivers of <br />Liens specified in paragraph 14.07.A.2 and as <br />approved by OWNER, CONTRACTOR may <br />furnish receipts or releases in full and an <br />affidavit of CONTRACTOR that: (i) the releases <br />and receipts include all labor, services, material, <br />and equipment for which a Lien could be filed; <br />and (ii) all payrolls, material and equipment bills, <br />and other indebtedness connected with the <br />Work for which OWNER or OWNER's property <br />might in any way be responsible have been paid <br />or otherwise satisfied. If any Subcontractor or <br />Supplier fails to furnish such a release or receipt <br />in full, CONTRACTOR may furnish a Bond or <br />other collateral satisfactory to OWNER to <br />indemnify OWNER against any Lien. <br />B. Review of Application and Acceptance <br />1. If, on the basis of ENGINEER's obser- <br />vation of the Work during construction and final <br />inspection, and ENGINEER's review of the final <br />Application for Payment and accompanying <br />documentation as required by the Contract <br />Documents, ENGINEER is satisfied that the <br />Work has been completed and <br />CONTRACTOR's other obligations under the <br />Contract Documents have been fulfilled, <br />ENGINEER will, within ten days after receipt of <br />the final Application for Payment, indicate in <br />writing ENGINEER's recommendation of <br />payment and present the Application for <br />Payment to OWNER for payment. At the same <br />time ENGINEER will also give written notice to <br />OWNER and CONTRACTOR that the Work is <br />acceptable subject to the provisions of <br />paragraph 14.09. Otherwise, ENGINEER will <br />return the Application for Payment to <br />CONTRACTOR, indicating in writing the <br />reasons for refusing to recommend final <br />payment, in which case CONTRACTOR shall <br />make the necessary corrections and resubmit <br />the Application for Payment. <br />C. Payment Becomes Due <br />14.08 Final Completion Delayed <br />A. If, through no fault of CONTRACTOR, final <br />completion of the Work is significantly delayed, and if <br />ENGINEER so confirms, OWNER shall, upon receipt <br />of CONTRACTOR's final Application for Payment and <br />recommendation of ENGINEER, and without terminat- <br />ing the Agreement, make payment of the balance due <br />for that portion of the Work fully completed and <br />accepted. If the remaining balance to be held by <br />OWNER for Work not fully completed or corrected is <br />less than the retainage stipulated in the Agreement, <br />and if Bonds have been furnished as required in <br />paragraph 5.01, the written consent of the surety to the <br />payment of the balance due for that portion of the Work <br />fully completed and accepted shall be submitted by <br />CONTRACTOR to ENGINEER with the Application for <br />such payment. Such payment shall be made under the <br />terms and conditions governing final payment, except <br />that it shall not constitute a waiver of Claims. <br />14.09 Waiver of Claims <br />A. The making and acceptance of final payment <br />will constitute: <br />1. a waiver of all Claims by OWNER <br />against CONTRACTOR, except Claims arising <br />from unsettled Liens, from defective Work <br />appearing after final inspection pursuant to <br />paragraph 14.06, from failure to comply with the <br />Contract Documents or the terms of any special <br />guarantees specified therein, or from <br />CONTRACTOR's continuing obligations under <br />the Contract Documents; and <br />2. a waiver of all Claims by CONTRAC- <br />TOR against OWNER other than those <br />previously made in writing which are still <br />unsettled. <br />General Conditions - 00700 - 35 <br />FAPublic Works\ENGINEERING DIVISION PROJECTSQ03O Tax Collector Office Expansion Bldg B\1-Admin\Bids\Bid Documents\Master Contract Documents\DIV 0 4 Conditions of the <br />