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Article 4. PAYMENT &RETAWAGE: Progress payments ceche Contract amount far the valueofwork completed <br />and component mmerisl on site will be made upon request at not less than monthly intervals. The request <br />must be made through the Engineer on an approved estimate showing the component breakdown of the <br />work totaling the awarded Contract puce and the amount ofwork for each item completed at time of <br />the rrepeat. Except ea may be modified herem,'an Percent (10%) -fall am ass. tamed will be retained by <br />the County until foal completion and seeepmnet oflhe Cantrmt. <br />Contractor shall allow adequate pmeeasing lime for County Commission final acccptana and approval for <br />j <br />Bear payment. <br />I Attcle 5. ACCEPTANCE AND FWAL PAYMENT: Upon receipt ofswiven notice that the work is reedy for final <br />whenh fiandhewor acceptable <br />cCourcy Public Works Directorwilt promptlymakesuchimpactionend <br />whenhefmdsssue a fialceptableunderrhisRoom <br />own of that Contractand the Contract fullyperforinhis <br />will pmmpdyeenco completed, <br />indaceptancis own undergsmim that the workpmsther for in <br />Contract hes band completed, end acceptance by him under she terms and she conditions ocharo <br />recommendedend theenti balanetwoundtobedue the Contractor, willbepaid to the Contractor by the <br />I County following County Commission approval of the final Contract payment. <br />Before issuance ofa Real antiriwa. the cotnrectofahall submit evidence satisfactory to the county Public <br />Works Director that all payrolls, material bills, and other indebtedness connected with the work haveheee <br />paid. Anaffidavit =at be submitted by she Contractor to the County Public Works Directorstating shat all <br />indebtedness connected with the work has been paid. Such affidavit will be signed by a duly authorized <br />officer of the contracting Brm, will bear the firrn'a seal, and will be notarized and attested by two witnesses. <br />I AWaiver-a6Lien form signed by a duly authorized olYcer of the subcontracting Bron, notarized and <br />I, attested by dvo wimanea is required from each Subausem, engaged under the scope of this Contract <br />and must accompany she real uestfor ! alpayment. The making and acceptance orate final payment <br />shall con¢timrt a weiver ofall claims by she County, other than those arising from unsettled liens, from <br />L faulty work appearing eller Rnel payment ar from mqutremeess of the Specifications and -fail claims by <br />the Contractor, except those previously made and still unsettled. <br />I Aflicle 6. INDEMNIFICATION: Subject to the monetary limitations in Paragraph l 1, General Conditions, the <br />`. Contractor, upon his part, agrees to protect indemnify, mt <br />save haless, and ieame the County fmm any <br />liability to any persons for injuries to the person, including loss of're, or damage to property, resulting <br />from da 'am or omissions of the Cammet-I N performing his obligations under this Contract. The parties <br />expressly recognize that the relationship between the County "it Contractor is the of owner end <br />independent contractor, and that whiner the Contractor nor any ofhis servants, agents, or employees shall <br />ever be considered to be an agent, servant or employee of the County.. <br />Article 7. PUBLIC CONSTRUCTIONPAYMENT AND PERFORMANCE BOND: The Contractor shall fumish <br />the County immediately upon ewou,no ofthis Contract a Perfam,anee Bond in an amount equal to 125% <br />ofthe contain price end a Payment Bond in an amount egad to 100%of she Contract with good end <br />sufficient sanies, conditioned upon the performance ofthis Contract by the Contractor fnaaad and with <br />the terms and conditions hereof, within the rime herein provided, and with she additional a accord n that <br />such Contractor shall promptly make payments to all persons supplying him labor, unit and supplies, <br />Coronet. <br />or indrectly by the said Commensin the pmareatian of the work provided for in this <br />Cad directly <br />ire <br />The Contractor shell provide two separate bonds, a combined Payment end Performance Bond far 125% of <br />the contract price is not an acceptable substitute. <br />In lieu oftha Band , the Contractor may fumish an alternative form ofsecurity in the fano ofcesh, money <br />order, terrified check, emhier's check, irrevocable letter of creditor a security as list ed in Pen It of F.S. <br />` Chapter 625. Any such alternative fond afsecmity shall be for the same purpose, end be for the same <br />amount end subject to aha same conditions as those applicable to the band omawise required. <br />W W iTNESS WBEREOP, the Parries hertto have executed this agreement the day and year Brat written above. <br />A-2 <br />