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f S i y 9 i A. The Work will be substantially completed on or before the 180"'day after the date when the Contract Times commence to run as provided in paragraph 2.03 of the General Conditions, t and completed and ready for final payment in accordance with paragraph 14 07 of the f General Conditions on or before the 210"' day after the date when the Contract Times commence to run. Substantial completion is defined as beneficial use of all RO Trains modified per the agreement. a B. The Work will be fully completed (Final Completion) and ready for final payment in accordance with paragraph 14.07 of the General Conditions on or before the 210th day after the date when the Contract Times commence to run as provided in paragraph 2.03 of the General Conditions. j j ARTICLE 4 - CONTRACT PRICE 4.01 OWNER shall pay CONTRACTOR for completion of the Work an amount in current funds equal to the sum of the amounts determined pursuant to paragraph 4.01.A and summarized in paragraph 4.01.13, below: 3 A. For all Work, at the prices stated in CONTRACTOR's Bid, attached hereto as an exhibit. B. THE CONTRACT SUM subject to additions and deductions provided in the Contract Documents, j Numerical Amount: $ 1,041,629.00 Written Amount: a S i ARTICLE 5 - COMPENSATION CONTRACTOR shall submit Applications for Payment on a monthly basis. Applications for Payment will be processed by ENGINEER as provided in the Contract Documents. } i 5.1 Progress Payments.The OWNER shall make progress payments to the CONTRACTOR on the basis of the approved partial payment request as recommended by ENGINEER in s accordance with the provisions of the Local Government Prompt Payment Act, Florida Statutes section 218.70 ET. seq.The OWNER shall retain ten percent(10%)of the payment amounts due to the CONTRACTOR until fifty percent (50%) completion of the work. After fifty percent(50%) completion of the work is attained as certified to OWNER by ENGINEER in writing, OWNER shall retain five percent (5%) of the payment amount due to CONTRACTOR until final completion and acceptance of all work to be performed by t CONTRACTOR under the Contract Documents. Pursuant to Florida Statutes section 218.735(8) (b), fifty percent (50%) completion means the point at which the County as ' OWNER has expended fifty percent(50%) of the total cost of the construction services work purchased under the Contract Documents, together with all costs associated with existing change orders and other additions or modifications to the construction services work provided under the Contract Documents. i Section 00530-2 r i - 1