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Document. <br />ARTICLE 4. PAYMENT PROCEDURES <br />The OWNER will make progress payments on account of the Contract Price as provided in the <br />GENERAL CONDITIONS, under Section 230, and as follows: <br />4.1 Progress and final payments with be on the basis of the CONTRACTOR'S Application for <br />Payment as approved by the Parks and Recreation Director. <br />4.2 The OWNER shall retain 5% of the amount of each payment until final completion and <br />acceptance of all work covered by the Contract Documents. However, when the work is <br />substantially complete, the retained amount may be reduced by the owner at its sole discretion <br />below 5% to only that amount necessary to assure completion. <br />4.3 With the written approval of Bonding Company, a sum sufficient to increase the total payments <br />of the CONTRACTOR to 98% of the Contract Price less retainage as the CITY OF <br />ROSEVILLE shall determine for all uncompleted work and unsettled claims. <br />4.4 Upon final completion of the work and settlement of all claims and receipt of Minnesota State <br />Withholding Certificate the remainder of the Contract Price will be remitted in accordance with <br />the Contract Documents. <br />ARTICLE 5. CONTRACT DOCUMENTS <br />5.1 The Proposal Form. <br />5.2 Special Conditions of the Specifications for Public Improvements. <br />5.3 Special Conditions. <br />5.4 General Conditions. , <br />5.5 Specifications. <br />5.6 Plans and drawings, which are attached to Specifications are identified as: <br />Proposal Package E Plans <br />Proposal Package E Pre -Award Document <br />Final Construction Plan Set <br />5.7 Addenda 1, 2 and 3. <br />5.8 Contract Bonds. <br />5.9 Certificate of Acknowledgment. <br />5.10 Form of Agreement. <br />5.11 Notice of Award. <br />This Agreement, together with the documents hereinbefore mentioned, for the Contract, and all <br />documents are as fully a part of the Contract as if attached hereto or herein repeated. <br />900-1 <br />