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' <br /> Hennepin County Special Requirements Section 00800 - SUPPLEMENARY CONDITIONS <br /> , 1/2/02 Edition <br /> Page 12 of 32 <br /> ' 9.2 SCHEDUI.E OF VALUES <br /> ' Add the following to Subpazagraph 9.2.1: <br /> The Schedule of Values shall list each item of value in the order of the Project Manua.l's <br /> Table of Contents by Section number. Each value component of work within each Section <br /> ' shall be itemized to identify labor and material value separately and to include a directly <br /> proportional amount of the Contractor's profit and overhead. The Schedule of Values shall <br /> , include a separate line item for insurance premium, perfornlance and payment bond, each <br /> Allowance, and for the Project Contract Close-out Submittals, establishing a composite <br /> value for as-built record drawings, maintenance and equipment manuals, test reports and <br /> ' waxranties. Round off all sums to whole dollars. The sum of all values shall equal the <br /> Contract Sum. The Schedule of Values sha.11 be confirmed on Continuation Sheet, AIA <br /> Document G703, Utilizing the original form or AIA software for any computerized version. <br /> , 9.3 APPLICATIONS FOR PAYMENT <br /> ' Add the following subparagraphs: <br /> 9.3.1.3 Use AIA Document G702, notarized, with the continuation on AIA Document G703. <br /> ' Computer genera.ted forms may not be substituted unless AIA software is utilized to <br /> produce a facsimile. <br /> ' 9.3.1.4 Submit 3 copies on the first day of the month. <br /> 9.3.1.5 With each Application for Payment, the Contractor shall submit a written Summary of <br /> ' Payments listing each contractor, subcontractor or supplier by name, section of the Work <br /> and amount of payment, in the exact order of the approved Schedule of Values so that the <br /> individual payments in aggregate shall be identical to the TOTAL PAYMENT EARNED <br /> , LESSRETAINAGE ofthe Application for Payment. The Contractor shall certify that the <br /> information therein is true and correct and shall affix his signature to the Summary of <br /> Payments. <br /> ' 9.3.1.6 Failure to submit the Summary of Payments shall be cause for the Architect to withhold <br /> Certifica.tion of the Application for Payment. <br /> ' 9.6 PROGRESS PAYMENTS <br /> , Add the following to Paragraph 9.6.1: <br /> To insure proper performance of the Contract,the Owner will retain five(5%)percent of <br /> ' the amount of each Certificate for Payment issued by the Architect prior to Completion of <br /> the Project. Such retainage will be held by the Owner until Final Payment. <br /> ' Suppl Conds-12 <br /> HF;IJNEPINCOUNTY Orono Salt Stor�e <br /> March 22,2002 Project No.: 0031569 Contract No.: 0751R2 <br /> ' <br />