My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2007-314
CBCC
>
Official Documents
>
2000's
>
2007
>
2007-314
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/24/2016 12:16:13 PM
Creation date
9/30/2015 11:18:02 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/18/2007
Control Number
2007-314
Agenda Item Number
7.V.
Entity Name
Timothy Rose Contracting,Inc.
Subject
27th. Drive North of 4th. Street Water Assessment Project
Area
27th Drive North of 4th St.
Supplemental fields
SmeadsoftID
6605
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
ARTICLE 4 CONTRACT PRICE <br /> 4. 1 OWNER shall pay CONTRACTOR for completion of the work in accordance with the <br /> Contract Documents in current funds in the amount of $ 33 ,059.60. <br /> ARTICLE 5 PAYMENT PROCEDURES <br /> CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the <br /> General Conditions. Applications for Payment will be processed by ENGINEER as provided in the <br /> General Conditions and the Contract Documents. <br /> 5. 1 Progress Payments. The OWNER shall make progress payments to the CONTRACTOR <br /> on the basis of the approved partial payment request as recommended by ENGINEER in <br /> accordance with the provisions of the Local Government Prompt Payment Act, Florida <br /> Statutes section 218 .70 et. seq . The OWNER shall retain ten percent ( 10% ) of the <br /> payment amounts due to the CONTRACTOR until fifty percent (50% ) completion of the <br /> work. After fifty percent (50% ) completion of the work is attained as certified to OWNER by <br /> ENGINEER in writing , OWNER shall retain five percent (5%) of the payment amount due <br /> to CONTRACTOR until final completion and acceptance of all work to be performed by <br /> CONTRACTOR under the Contract Documents. Pursuant to Florida Statutes section <br /> 218.735(8)( b) , fifty percent (50%) completion means the point at which the County as <br /> OWNER has expended fifty percent (50%) of the total cost of the construction services <br /> work purchased under the Contract Documents , together with all costs associated with <br /> existing change orders and other additions or modifications to the construction services <br /> work provided under the Contract Documents . <br /> 5 .2 Pay Requests . Each request for a progress payment shall be submitted on the application <br /> for payment form supplied by OWNER and the application for payment shall contain the <br /> CONTRACTOR's certification . All progress payments will be on the basis of progress of <br /> the work measured by the schedule of values established , or in the case of unit price work <br /> based on the number of units completed . After fifty percent (50% ) completion , and <br /> pursuant to Florida Statutes section 218. 735(8)(d ), the CONTRACTOR may submit a pay <br /> request to the County as OWNER for up to one half ( 1 /2) of the retainage held by the <br /> County as OWNER, and the County as OWNER shall promptly make payment to the <br /> CONTRACTOR unless such amounts are the subject of a good faith dispute ; the subject <br /> of a claim pursuant to Florida Statutes section 255 .05(2005); or otherwise the subject of a <br /> claim or demand by the County as OWNER or the CONTRACTOR. The CONTRACTOR <br /> acknowledges that where such retainage is attributable to the labor, services, or materials <br /> supplied by one or more subcontractors or suppliers, the Contractor shall timely remit <br /> payment of such retainage to those subcontractors and suppliers. Pursuant to Florida <br /> Statutes section 218. 735(8)(c)(2005), CONTRACTOR further acknowledges and agrees <br /> that: 1 ) the County as OWNER shall receive immediate written notice of all decisions <br /> made by CONTRACTOR to withhold retainage on any subcontractor at greater than five <br /> percent (5%) after fifty percent (50% ) completion ; and 2) CONTRACTOR will not seek <br /> release from the County as OWNER of the withheld retainage until the final pay request. <br /> 00530-3 <br /> HTrojects1064MBidding Contract Specifcations\Spec Template120071005301Agreement between Owner Contractor Rev. <br /> 012507.doc <br />
The URL can be used to link to this page
Your browser does not support the video tag.