Laserfiche WebLink
i <br />Article 4. PAYMENT & RETAINAGE: Progress payments on the Contract amount for <br />the value of work completed and component material on site will be made <br />upon request at not less than monthly intervals. The request must be made <br />through the Engineer on an approved estimate showing the component <br />breakdown of the work totaling the awarded Contract price and the amount <br />i of work for each item completed at the time of the request. Ten percent <br />(10%) of all amounts earned will be retained by the County until final <br />completion and acceptance of the Contract. <br />Contractor shall allow adequate processing time for County <br />Commission final acceptance and approval for final payment. <br />Article 5. ACCEPTANCE AND FINAL_ PAYMENT* Upon receipt of written notice that <br />the work is ready for final inspection and acceptance, the County Public <br />Works Director will promptly make such inspection and when he finds the <br />work acceptable under the terms of the Contract and the Contract fully <br />performed, he will promptly issue a final certificate, over his own signature, <br />stating that the work provided for in this Contract has been completed, and <br />acceptance by him under the terms and the conditions thereof is <br />recommended and ine entire balance found to be due the Contractor, will be <br />paid to the Contractor by the County following County Commission approval <br />of the final Contract payment. <br />Before issuance of a final certificate, the contractor shall submit evidence <br />satisfactory to the County Public Works [Director that all payrolls, material <br />bills, and other indebtedness connected with the work have been paid. An <br />affidavit must be submitted by the Contractor to the County Public Works <br />Director stating that all indebtedness connected with the work has been <br />paid, Such affidavit will be signed by a duly authorized officer of the <br />contracting firm, will bear the firm's seat, and will be notarized and attested <br />by two witnesses. A Waiver -of -Lien form signed by a duly authorized officer <br />of the subcontracting tirm, notarized and attested by two witnesses is <br />required from each Subcontractor engaged under the scope of this Contract, <br />and must accompany the request for final payment. The making and <br />acceptance of the final payment shall constitute a waiver of all claims by the <br />County, other than those arising frnm d,nGry#tlarl Wane from fe1110%1 --t, <br />appearing after final payment or from requirements of the Specifications and <br />of all claims by the Contractor, except those previously made and still <br />unsettled. <br />Article 6. INDEMNIFICATION: Subject to the monetary limitations in Article 5.3, of the <br />General Conditions, the Contractor, upon his part, agrees to protect, <br />indemnify, save harmless, and insure the County from any liability to any <br />persons for injuries to the person, including loss of life, or damage to <br />property, resulting from the acts or omissions of the Contractor in performing <br />his obligations under this Contract. The parties expressly recognize that the <br />relationship between the County and Contractor is that of owner and <br />AGREEMENT <br />A - 2 <br />