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5.1.3 Provided that an Application for Payment is received by the Owner not later than <br /> the First and Fifteenth day of the Month, the Owner shall make payment to the <br /> Contractor.IN 3 business days. If an Application for Payment is received by the Owner <br /> after the application date fixed above, payment shall be made by the Owner based on bi <br /> weekly agreement made above. <br /> 5.1.4 Each Application for payment shall be based on the most recent schedule of <br /> values submitted by the Contractor in accordance with the Contract Documents.. <br /> 5.1.5 N/A <br /> 5.1.6 Subject to other provisions of the Contract Documents, the amount of each <br /> progress payment shall be computed as follows: <br /> A- Take that portion of the Contract Sum properly allocable to completed Work <br /> as determined by multiplying the percentage completion of the Work by the share <br /> of the Contract Sum allocated to that portion of the Work in the schedule of <br /> values. Pending final determination of cost to the Owner of changes in the Work, <br /> amounts not in dispute shall be included as provided in attached exhibit; <br /> B- Add that portion of the Contract Sum properly allocable to materials and <br /> equipment delivered and suitably stored at the site for subsequent <br /> incorporation in the completed construction(or, if approved in advance by the <br /> Owner, Suitably stored off site at a location agreed upon in writing), <br /> C- Subtract the aggregated of previous payments made by the Owner; and <br /> D- Subtract amounts, if any, for which the Owner has withheld or nullified a <br /> Certificate for Payment as provided when draw request made. <br /> 5.1.7 N/A <br /> 5.1.8 N/A <br /> N/A <br /> 5.1.9 N/A. <br /> 5.2 FINAL PAYMENT <br /> 5.2.1 Final payment, constituting the entire unpaid balance of the Contract Sum, shall be <br /> made by the Owner to the Contractor: <br /> A-At the time of final payment, the general contractor will be responsible for <br /> issuing to the owner, a final release of lien for any suppliers or subcontractors <br /> that have issued a notice to owner form on the project named herein. <br /> B-Within ten days from a final Certificate of Occupancy being issued to the <br /> owner. , <br /> 5.2.2 The Owner's final payment to the Contractor shall be made after the issuance of <br /> the Contractors final Certificate for Payment along with the contractor providing the <br /> certificate of completion by Hillsborough county building department. <br />