INVITATION FOR BID - University of Central Missouri

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with the Contractor shall promptly make such inspection. If the work is acceptable
and the contract fully performed, the Contractor will be directed to submit a final
Application and Certification for Payment. If the Owner approves the same, the
entire balance shall be due and payable.
24.3.3 Where the specifications provide for the performance by the Contractor of certain
tests for the purpose of balancing and checking the air conditioning and heating
equipment and the Contractor shall have furnished and installed all such equipment
in accordance with the specifications, but said test cannot then be made because of
weather conditions, such test shall be considered as required under the provisions
of the specifications, Article 16 of General Conditions, and the contract may be
certified as satisfactorily completed and the work accepted. However, full payment
will not be made until the tests have been made.
24.3.4 Neither the final payment nor any part of the retained percentage shall become due
until the Contractor delivers to the Owner: 1) a complete file of releases, on a
standard form prescribed by the Owner and included in the contract documents as
"Final Receipt of Payment and Release Form," from subcontractors and material
suppliers evidencing payment in full for services, equipment and materials, as the
case may require or a release from the bond company accepting liability for any
unpaid amounts, 2) an Affidavit of Compliance with Prevailing Wage Law, in the
form as included in the contract specifications, properly executed by each
subcontractor, and the Contractor, 3) certified copies of all payrolls, consisting of
name, occupation and craft, date and number of hours worked and actual wages
paid for each individual, of the Contractor and all subcontractors working on the
project, and 4) as-builts documents (redlines) (Article 28).
24.3.5 If any lien or claim remains unsatisfied after all payments are made, the Contractor
shall refund to the Owner all monies that the latter may be compelled to pay in
discharging such a lien or claim including all costs and a reasonable attorney's fee.
24.3.6 Missouri statute requires prompt payment from the Owner to the Contractor within
thirty days and from the Contractor to his subcontractors within fifteen days.
Failure to make payments within the required timeframe entitles the receiving party
to charge interest at the rate of one and one half percent per month calculated from
the expiration of the statutory time period until paid.
25. PARTIAL OCCUPANCY/SUBSTANTIAL COMPLETION
25.1 The Owner may fully occupy the facility as soon as it is substantially completed. No
provision in this document shall be construed to prevent partial occupancy by the Owner so
long as the partial occupancy does not materially affect the construction process.
25.2 Contractor agrees that Owner upon advance notification to Contractor in writing will be
permitted to occupy and use any completed or partially completed portions of the project
when such occupancy and use is to the Owner's best interest.
25.3 If such prior occupancy increases the cost of the work or delays its completion, provided that
the same occur prior to the completion date fixed by the "Notice to Proceed," and as
amended by contract change orders, and provided the contractor submits written notification