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In such event, payment and retainage provisions shall be governed by the <br /> applicable grant requirements and guidelines. <br /> 5. 4 ACCEPTANCE AND FINAL PAYMENT: Upon receipt of written notice that the <br /> work is ready for final inspection and acceptance, the ENGINEER will promptly <br /> make such inspection and when the ENGINEER finds the work acceptable under <br /> the terms of the Contract and the Contract fully performed , the ENGINEER will <br /> promptly issue a final completion certificate stating that the work provided for in <br /> this Contract has been completed , and acceptance by the OWNER under the <br /> terms and the conditions thereof is recommended and the entire balance found <br /> to be due the CONTRACTOR, will be paid to the CONTRACTOR by the <br /> OWNER following County Commission approval of the final Contract payment. <br /> ARTICLE 6. INTEREST. <br /> Not Applicable . <br /> ARTICLE 7. CONTRACTOR' S REPRESENTATIONS. <br /> In order to induce OWNER to enter into this Agreement, CONTRACTOR makes the following <br /> representations : <br /> 7. 1 CONTRACTOR has familiarized itself with the nature and extent of the Contract <br /> Documents, work, site, locality, and all local conditions and laws and regulations <br /> that in any manner may affect cost, progress, performance or furnishing of the <br /> work. <br /> 7.2 CONTRACTOR has studied carefully all reports of explorations and tests of <br /> subsurface conditions and drawings of physical conditions which are identified in <br /> the Supplementary Conditions as provided in Paragraph 4.02 of the General <br /> Conditions, and accepts the determination set forth in Paragraph SC-4 .02 of the <br /> Supplementary Conditions of the extent of the technical data contained in such <br /> reports and drawings upon which CONTRACTOR is entitled to rely. <br /> 7.3 CONTRACTOR has obtained and carefully studied (or assumes responsibility for <br /> obtaining and carefully studying) all such examinations, investigations , <br /> explorations , tests, reports and studies (in addition to or to supplement those <br /> referred to in Paragraph 7.2 above) which pertain to the subsurface or physical <br /> conditions at or contiguous to the site or otherwise may affect the cost, progress, <br /> performance or furnishing of the work as CONTRACTOR considers necessary for <br /> the performance of furnishing of the work at the Contract Price, within the Contract <br /> Time and in accordance with the other terms and conditions of the Contract <br /> Documents, including specifically the provisions of Paragraph 4.02 of the General <br /> Conditions; and no additional examinations, investigations, explorations, tests, <br /> reports, studies or similar information or data are or will be required by <br /> CONTRACTOR for such purposes. <br /> 7.4 CONTRACTOR has reviewed and checked all information and data shown or <br /> indicated on the Contract Documents with respect to existing underground facilities <br /> 044572007 <br /> 00530-4 <br />