Reso 2010-1658 - Laserfiche WebLink

Home Browse Search

make payment to the CONTRACTOR within fifteen (15) calendar days after approval by the Public Services Director of the CONTRACTOR'S requisition for payment. 15.1.2 Ten percent (10%) of all monies earned by the CONTRACTOR shall be retained by the CITY until the Work is completed in accordance with the requirements of the Contract Documents and accepted by the CITY as provided herein. 15.2 Final Inspection: Upon written notice from CONTRACTOR that the entire Work or an agreed portion thereof is complete, CITY will make a final inspection and will notifY CONTRACTOR in writing of all particulars in which this inspection reveals that the Work is not in accordance with the Contract Documents. CONTRACTOR shall immediately take such measures as are necessary to remedy such deficiencies. 15.3 Final Application for Payment: After CONTRACTOR has completed all such corrections to the satisfaction of Public Services Director and delivered all maintenance and operating instructions, schedules, guarantees, bonds, certificates of inspection and other documents required by the Contract Documents, and after Public Services Director has indicated that the work is acceptable, CONTRACTOR may make application for final payment. The final application for payment shall be accompanied by (1) complete and legally effective releases or waivers of all liens arising out of or filed in connection with the work; or (2) CONTRACTOR'S receipts in full covering all labor, materials and equipment for which a lien could be filed; or (3) a final affidavit stating that all laborers, materialmen, suppliers and subcontractors who worked for CONTRACTOR under this Contract have been paid in full or if the fact be otherwise, identifYing the name of each lienor who has not been paid in full and the amount due or to become due each for labor, services or materials furnished. If any subcontractor or supplier fails to furnish a release or receipt in full, CONTRACTOR may furnish a bond satisfactory to CITY to indemnifY CITY against any lien. CONTRACTOR shall submit to CITY within forty-five days (45) of the date of issuance of the certificate of occupancy for the applicable portion of the Work the completed set of "As-Built" drawings relative to the parking garage and park for review and approval. The "As- Built" drawings shall be prepared, sealed and certified by the appropriate professional licensed by the State of Florida. Prior to approval, if necessary, the drawings may be returned to CONTRACTOR for changes or modifications if in the opinion of Public Services Director they do not represent correct or accurate "As-built" drawings. 28