1999-077 - Laserfiche WebLink

Home Browse Search

e Go Article 4. Quantities and Prices:. The OWNER shall pay the CONTRACTOR for all work included and completed in accordance with this Contract, based on the items of work set forill in the CONTRACTOR'S Bid Form. Article S. Acceptance and Final Payment: When the work provided for under this contract has been Completed, in accordance with the ternhs thereof, a final estimate showing til• amount of such work shall be prepared by the CONTRACTOR, and filed with she OWNER within fifteen days after the date of completion. All moneys expended by the OWNER according to the terms of this contract and thereunder chargeable to the CONTRACTOR, all moneys payable to Ire OWNER as liquidated damages, and all deductions provided by the Contract, state laws, or governing regulations shall be retained from the final payment. In accordance with the Florida Prompt Payment Act, the OWNL`.R shall mare payment to the CONTRACTOR equal to ninety percent (90%) of lire full payniehrl amount ($22,455.60) after the. CONTRACTOR demonstrates that _ 95% of the ialisancu ilivasive. vegetation on the property (both Prange Islands) has been successfully eradicated. The OWNER shall retain teat percent (10%) of the bid price ($2,495.00) until completion of the semiannual monitoring. reports and follow up herbicide application. The OWNER sliall, at til: end of the first yeah- of semi-annual monitoring and fOIID%v up herbicide application, release one -ball' (112) of toe 1—eWi11ecl payment $1,247.50 after both follow up 11crbicidu applications 11ave been compiewd and bulli 111(mlhtoring rtip nits have been submitted to tial: OWN -EK. The OWNEIt shall, at the end of the: second year of semi -amoral monitoring and follow up herbicide application, release tile: reiva'ining one-half (112) of the retained payment ($1,247,50) after the final licihheide application has been COlnpleted and the final Monitoring report has been subnhitted Ica tie OWNI It PAYMENT or the final estimate and acceptance or such payment by the CON'rRAC`rOR shall release the O%VNFR from all claims or liabilities to the CONTRACTOR in connection with the Contract. Article 6, 'file Contract Documents: ('unditi,11s, Speciticatorls, Bid I7ucmnents, Bunds, and the The General Cuhldiuons, Sflccial Drawings, together witi this Agreement, luhiu the ['ontrisci, auul are hilly a part of this Contract BS if included Herein an