Laserfiche WebLink
3 . CONTRACT PRICE . The County shall pay the Contractor the amount of One Hundred <br /> and twenty-one thousand one hundred and twelve dollars and no cents ($ 121 , 112 . 00 ) for <br /> the Work at the price ( s ) stated on Exhibit B ( Bid Schedule ) upon completion and final <br /> acceptance by the County' s project manager. No additional payment shall be made to the <br /> Contractor except for additional work or materials as stated on a valid change order issued <br /> by the County prior to the performance of the additional work or delivery of materials . The <br /> obligations of the County under this Contract are subject to the availability of funds lawfully <br /> appropriated for the Project by the Board of County Commissioners of Indian River <br /> County . <br /> 3 . 1 Payments to Contractor . The Contractor shall submit completed monthly partial <br /> payment requests covering the Work performed during the period covered by the partial <br /> payment request to the County' s project manager. Such partial payment requests shall be <br /> supported by such data as the County may reasonably require . The payment request will <br /> either be approved by the County , or be returned to the Contractor with the reasons for <br /> r., refusing to approve the payment in writing . In the latter case , the Contractor may make <br /> the necessary corrections and resubmit the partial payment request . The County will pay <br /> the Contractor progress payment on the basis of the approved partial payment request in <br /> accordance with the provisions of the Florida Prompt Payment Act , Section 218 . 70 , Florida <br /> Statutes , et seq . The County shall retain ten ( 10 ) percent of the payment amounts due to <br /> the Contractor until final completion and acceptance of all Work to be performed by the <br /> +�• Contractor under the Contract Documents . Each request for a partial payment shall be <br /> submitted on County—provided forms , and accompanied by the certification of Contractor. <br /> 3 . 2 . Contractor's Warranty of Title . The Contractor warrants and guarantees that title <br /> to all Work covered by an Application for Payment , whether incorporated in the Work or <br /> not , shall pass to the County prior to the making of the Application for Payment , free and <br /> clear of all liens , claims , security interests , purchase money security interest , chattel paper <br /> or encumbrances of any nature whatsoever. The Contractor shall make the following <br /> certification (Affidavit ) on each request for payment : " I hereby certify that the labor and <br /> materials listed on this request for payment have been used in the construction of this <br /> Work and payment received from the last request for payment has been used to make <br /> payments to all subcontractors , laborers , material men and suppliers except as listed <br /> below : -------" <br /> 3 . 3 . Prosect Certification Documents . Prior to submitting an invoice for Final Payment , <br /> Contractor shall provide the following : a ) Certification statement that "The Work has been <br /> completed in accordance with the Contract" ; b ) final lien waivers from laborers , <br /> materialmen , subcontractors or sub-subcontractors (as each term is defined in Florida <br /> Statutes section 713 . 01 (2004 ) ; and c) consent of the Surety to final payment and /or partial <br /> release of retainage . <br /> 3 . 4 . Final Completion . Upon final completion and acceptance of the Work the entire <br /> balance found to be due to the Contractor, including the retainage , but except such sums <br /> as may be lawfully retained by the County, shall be paid to the Contractor within thirty ( 30 ) <br /> days of final completion and acceptance of the Work . <br /> 5 <br /> �r <br />