10/9/1962 - Laserfiche WebLink

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as provided therein, as follows: On or about the first day of each month ninety per cent (90%) of the value, based on the Contract prices of labor and materials incorporated in the work and of materials suitably stored at the site thereof or at some other location agreed upon in writing by the parties up to the previous day of that month, estimated by the Architect, less the aggregate of previous pay- ments; and upon substantial completion of the entire work, a sunt 11 sufficient to increase the total payments to ninety per cent (905 of the Contract price. ARTICLE 5. ACCEPTANCE AMD FINAL PAY!4KWT . Upon receipt of written notice from the Contractor that the work is ready for final inspection and acceptance, the Archi- tact shall promptly sake such inspection and, if he finds the wor acceptable under the Contract and the Contract fully performed, he shall promptly issue a final certificate, over his signature, stating that the work provided for in this Contract has been com- pleted and is accepted by him under the terms and conditions they of and that the entire balance found to be due the -Contractor, an noted in said final certificate, is due and payable. However, tl entire balance found to be due the Contractor, and noted in said final certificate, shall not be paid until the work shall have b Inspected and accepted by the Hoard of County Commissioners of Indian River County, Ylorida, and, anything hernia to the coat notwithstanding, not less than ten per cent (10%) of the -contract nor shall remain unpaid until such inspection and acceptance of the work by the poard of County Comissioners of Indian River County, Florida, PROVIDED, DOWIMI that such inspection by said Board'shall be completed within thirty (!0) days after the Archi- toot delivers said timet certificate to said Hoard and, PROVIDED, LAW OFFICE JOHN R. COULD VERO BEACH, FLORIDA