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40 • I ,lune 29, 1999 component breakdown of the work totaling the awarded Contract price and the amount of work t for each item completed at the time of the request. Except as may be modified herein, ten percent a (10%) of all amounts earned vrill be retained by the County until final completion and acceptance of the: Contract. t Contractor shall allow adequate processing Lillie for County Commission final acceptance and approval for final payment. Article 5. ACCEPTANCE AND FINAL PAYMENT: Upon receipt of written notice that the work is ready for final inspection and acceptance, the County Public Works Director will promptly make such inspection and when he finds the work acceptable under the terms of the Contract and the Contract fully perfonned, he will promptly issue a final certificate, over his own signature, stating that the work provided for in this Contract has been completed, and acceptance by him under the terms and the conditions thereof is recommended and the entire balance found to be due tine Contractor, will be paid to the Contractor by the County following County Commission approval of the final Contract payment. Before issuance of a final certificate, the contractor shall submit evidence satisfactory to the County Public Works Director that all payrolls, material bills, and other indebtedness connected with the work have been paid. An affidavit must be submitted by the Contractor to the County Public Works Director stating that all indebtedness connected with the work has been paid. Such affidavit will be signed by a duly authorized officer of the contracting firm, will bear the firm's seal, and will be notarized and attested by two witnesses. A Waiver -of -Lien form signed by a duly authorized officer of the subcontracting farm, notarized and attested by two witnesses is required from each Subcontractor engaged under the•scopc of this Contract, and must accompany the request for final payment. The making and acceptance of the final payment shall constitute a waiver of all claims by the County, other than those arising from unsettled liens, from faLrlty vvork appearing after final payment or from requirements of the Specifications and of all claims by the Contractor, except those previously made and still unsettled. Article 6. INDEMNIFICATION: Subject to the monetary limitations in Paragraph 11, General Conditions, the Contractor, upon his part, agrees to protect, indemnify, save harmless, and insure (lie County from any liability to any persons for injuries to the person, including_ loss of lire, or damage to property, resulting from the acts or omissions of the Contractor in performing his obligations under this Contract. The parties expressly recognize that the relationship between the County and Contractor is that of owner and independent contractor, and that neither the Contractor nor any of his servants, agents, or employees shrill ever be considered to be an agent, servant or employee of the County. Article 7, PUBLIC CONSTRUCTION PAYMENT AND PERT, ORMANCE BOND: The Contractor shill fumish the County immediately upon execution of this Contract a Performance Bond in an amount equal to 125% of the contract prii c'litd a Payment Bond in an amount equal to 100°/6 of the Contract with good and sufficient stlr�tic's, conditioned upon the performance of this Contract by the Contractor in accordance -With the terms and conditions hereof, within the time herein provided, and with the additional obligation that such Contractor shall promptly make payments FAIM