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40 • 40 Article -4. PAYMENT &RETAINAGE: Progress payments on the Contract amount for the d value of work completed and component material on site will be made upon request at not less than monthly intervals. The request must be made through the Engineer on an approved estimate showing the component breakdown of tite work totaling the awarded Contract price and the amount of work for each item completed at the time t of the request. Ten percent (1(}%) of all amounts earned will be retained by the County until final completion and acceptance of the Contract. Contractor shall allow adequate processing time 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 lie finds the work acceptable under the terms of the Contract and the Contract fully performed, he will promptly issue a final + certificate, over his own signature, stating that the work provided for in this Contract Lias been completed, and acceptance by him under tite ternis and the conditions t thereof is recommended and the entire balance found to be due the Contractor, will be paid to the Contractor by the County following County Commission approval of the final Contract payment. d t 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 t 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 lirm, will bear the firth's seal, and will t be notarized and attested by two witnesses. A Waiver -of -Lien form signed by a duly a authorized officer of the subcontracting; firm, notarized and attested by two witnesses is required from each Subcontractor engaged under the scope 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 faulty work appearing; after final payment or from + requirements of the Specifications and of all claims by the Contractor, except those previously trade and still unsettled. Article G. INDEMNIFICATION: Subject to the monetary limitations in Article 5.3, of the General Conditions, the Contractor, upon his pari, agrees to protect, indemnify, save harmless, and insure the County from any liability to any persons for injuries to the + person, including loss of life, or daniaige to property, resulting Iroul the acts or omissions of the Cntttractcir in perfomiins his obligations under tli;- Contract. Thr parties expressly rccognixr that the relationship between the County and Contractor is that of owner and independent contractor, and that neither lite Contractor nor any y of his servants, agents, or employees shall ever be considered to be an agent, servant or employee of the County. Article 7. PUBLIC CONSTRUCTION PAYMENT BOND AND PERFORMANCE BOND: The Contractor shall furnish the County immediately upon execution of this C'ontntct, a Performance Bond in an amount equatl! to 125% of the Contract price + and a Payment Bond in an antount equal to 100% off the Contract price with good and sufficient sureties, conditioned Capon the perfonnance of this Contract by the Contractor in accordance with the ternis and conditions hereof; within the little Atittt•t NIFN r A