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2008-342
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2008-342
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Last modified
4/14/2016 9:55:57 AM
Creation date
10/1/2015 12:44:34 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
10/21/2008
Control Number
2008-342
Agenda Item Number
8.M.
Entity Name
J.W. Cheatham LLC
Subject
Falcon Trace Project Entrance
Area
17th Lane SW-27th Ave.,21st.St.SW-17th LaneSW
Project Number
0803, 0837, 0838
Bid Number
2008073
Supplemental fields
SmeadsoftID
7654
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6. 01 Submittal and Processing of Payments <br /> A . CONTRACTOR shall submit Applications for Payment in accordance with Article 14 <br /> of the General Conditions . Applications for Payment will be processed by <br /> ENGINEER as provided in the General Conditions and the Contract Documents , <br /> 6 . 02 Progress Payments. <br /> A . The OWNER shall make progress payments to the CONTRACTOR on the basis of <br /> the approved partial payment request as recommended by ENGINEER in <br /> accordance with the provisions of the Local Government Prompt Payment Act, <br /> Florida Statutes section 218 . 70 et. seq . The OWNER shall retain ten percent <br /> ( 10%) of the payment amounts due to the CONTRACTOR until fifty percent <br /> (50%) completion of the work. After fifty percent (50%) completion of the work is <br /> attained as certified to OWNER by ENGINEER in writing , OWNER shall retain <br /> five percent (5%) of the payment amount due to CONTRACTOR until final <br /> completion and acceptance of all work to be performed by CONTRACTOR <br /> under the Contract Documents . Pursuant to Florida Statutes section <br /> 218 . 735(8)(b) , fifty percent (50%) completion means the point at which the <br /> County as OWNER has expended fifty percent (50%) of the total cost of the <br /> construction services work purchased under the Contract Documents , together <br /> with all costs associated with existing change orders and other additions or <br /> modifications to the construction services work provided under the Contract <br /> Documents . <br /> 6 . 03 Pay Requests. <br /> A . Each request for a progress payment shall be submitted on the application for <br /> payment form supplied by OWNER and the application for payment shall <br /> contain the CONTRACTOR 'S certification . All progress payments will be on the <br /> basis of progress of the work measured by the schedule of values established , <br /> or in the case of unit price work based on the number of units completed . After <br /> fifty percent (50%) completion , and pursuant to Florida Statutes section <br /> 218 . 735(8) (d) , the CONTRACTOR may submit a pay request to the County as <br /> OWNER for up to one half ( 1 /2) of the retainage held by the County as <br /> 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 ; <br /> the subject of a claim pursuant to Florida Statutes section 255 . 05(2005) ; or <br /> otherwise the subject of a claim or demand by the County as OWNER or the <br /> CONTRACTOR . The CONTRACTOR acknowledges that where such retainage <br /> is attributable to the labor, services , or materials supplied by one or more <br /> subcontractors or suppliers, the Contractor shall timely remit payment of such <br /> retainage to those subcontractors and suppliers . Pursuant to Florida Statutes <br /> 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 <br /> decisions made by CONTRACTOR to withhold retainage on any subcontractor <br /> at greater than five percent (5%) after fifty percent (50%) completion; and 2) <br /> CONTRACTOR will not seek release from the County as OWNER of the <br /> withheld retainage until the final pay request. <br /> 6 . 04 Paragraphs 6. 02 and 6. 03 do not apply to construction services work purchased by the <br /> County as OWNER which are paid for, in whole or in part, with federal funds and are subject to <br /> federal grantor laws and regulations or requirements that are contrary to any provision of the <br /> Agreement.doc <br /> FAPurchasirgl9ids12007-2008 FV <br /> 00520 - 4 <br /> � FavinD and Drainage Irnproremerrt to 171h Lane SW (Falcon Trace Pro]ecgVpreenrentdoc <br />
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