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The Notice to Proceed is issued to the contractor as soon as possible after the rescission period elapses. When temporary relocation of the occupants is required, the Notice to Proceed will be delayed until the house is vacated. The contract time of performance (generally 30-45 days) begins with issuance of the Notice to Proceed. D. Inspections Periodic inspections of the rehabilitation construction are performed by the Indian River County and the Housing Rehabilitation Specialist throughout the contract period. These inspections are conducted to assure compliance with the contract standards for workmanship and materials, to detect any unauthorized deviations and to identify necessary changes to the contract work in its early stages. Inspection and approval of completed work must be conducted by the Housing Rehabilitation Specialist prior to the contractor's receiving partial or final payment. The owner's acceptance of the work is also required before payment is received. E. Change Orders Any additions to, deletions from, or changes in the rehabilitation contract work, time, or price must be approved in a written change order before the additional work is started. The change order is executed by the owner and contractor and is approved by the Housing Rehabilitation Specialist and the Community Development Director. Change order may be issued to correct code deficiencies or to obtain any other desired change in the work. CDBG funds can only be used for change orders that correct code violations. Other changes will be at the owner's expense. F. Payment Contracts of $10,000 or less will not be paid until the contractor has completed the job. Contracts in excess of$10,000 allow a partial payment upon satisfactory completion of 60% of the work, with a retainage of 20% of the completed amount. Completion of 61%-90% of the work allows a partial payment, less a retainage of 20% of the full contract amount. Depending on extenuating circumstances and contract balance, a second partial payment may be authorized at the recommendation of the Housing Rehabilitation Specialist, the Community Development Director and the Administrator. Construction Completion Payment Schedule Percentage of Funds Paid Less than 60% 0% 60% 40% 100% 80% 100% After Certificate of Occupancy is issued, all punch list items are completed.,and owner satisfaction letter is obtained— 100% 12