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and other indebtedness connected with 14.08 Final Completion Delayed <br /> the Work for which Owner or Owner's <br /> property might in any way be responsible A. If, through no fault of Contractor, final <br /> have been paid or otherwise satisfied. If completion of the Work is significantly <br /> any Subcontractor or Supplier fails to delayed, and if Engineer so confirms, Owner <br /> furnish such a release or receipt in full, shall, upon receipt of Contractor's final <br /> Contractor may furnish a bond or other Application for Payment (for Work fully <br /> collateral satisfactory to Owner to completed and accepted) and <br /> indemnify Owner against any Lien. recommendation of Engineer, and without <br /> terminating the Contract,make payment of the <br /> B. Engineer's Review of Application and balance due for that portion of the Work fully <br /> Acceptance completed and accepted. If the remaining <br /> balance to be held by Owner for Work not <br /> 1. If,on the basis of Engineer's observation fully completed or corrected is less than the <br /> of the Work during construction and final retainage stipulated in the Agreement, and if <br /> inspection, and Engineer's review of the bonds have been furnished as required in <br /> final Application for Payment and Paragraph 5.01, the written consent of the <br /> accompanying documentation as required surety to the payment of the balance due for <br /> by the Contract Documents, Engineer is that portion of the Work fully completed and <br /> satisfied that the Work has been accepted shall be submitted by Contractor to <br /> completed and Contractor's other Engineer with the Application for such <br /> obligations under the Contract payment. Such payment shall be made under <br /> Documents have been fulfilled, Engineer the terms and conditions governing final <br /> will, within ten days after receipt of the payment, except that it shall not constitute a <br /> final Application for Payment,indicate in waiver of Claims. <br /> writing Engineer's recommendation of <br /> payment and present the Application for 14.09 Waiver of Claims <br /> Payment to Owner for payment. At the <br /> same time Engineer will also give written A. The making and acceptance of final payment <br /> notice to Owner and Contractor that the will constitute: <br /> Work is acceptable subject to the <br /> provisions of Paragraph 14.09. 1. a waiver of all Claims by Owner against <br /> Otherwise, Engineer will return the Contractor, except Claims arising from <br /> Application for Payment to Contractor, unsettled Liens, from defective Work <br /> indicating in writing the reasons for appearing after final inspection pursuant <br /> refusing to recommend final payment, in to Paragraph 14.06, from failure to <br /> which case Contractor shall make the comply with the Contract Documents or <br /> necessary corrections and resubmit the the terms of any special guarantees <br /> Application for Payment. specified therein, or from Contractor's <br /> continuing obligations under the Contract <br /> C. Payment Becomes Due Documents;and <br /> 1. Thirty days after the presentation to 2. a waiver of all Claims by Contractor <br /> Owner of the Application for Payment against Owner other than those <br /> and accompanying documentation, the previously made in accordance with the <br /> amount recommended by Engineer, less requirements herein and expressly <br /> any sum Owner is entitled to set off acknowledged by Owner in writing as <br /> against Engineer's recommendation, still unsettled. <br /> including but not limited to liquidated <br /> damages, will become due and, will be <br /> paid by Owner to Contractor. <br /> Standard General Conditions <br /> 00 72 00-45 <br />