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5. MATERIALS AND/OR LABO� ��bVIDED <br /> The Contractor agrees to supply ali labor, materials and supervision to <br /> complete the object of this contr��t. <br /> 6. TIME FOR PERFORMANCE <br /> Contractor shall have a period of two weeks from the signing the "Initial <br /> Document". <br /> The form of payment will be as follows: <br /> a. An advance payment of 50% of the total value of the contract, payable <br /> the day of the signing Document of initiation. <br /> b. The remaining 50% of the total contract value shall be paid against <br /> construction progress in accordance with agreement between the <br /> Contractor and the Owner based on weight or value of each program <br /> activity. <br /> c. Owner is legally to withhold 15°/a of total contract, until all inspections <br /> are finalized, and inspected and passed by a city code enforcement <br /> official <br /> 7. WORK SCHEDULE <br /> The contractor shall maintain a work schedule based on the list of activities <br /> previously agreed between the Contractor and the Owner. <br /> 8. POLICIES AND WARRANTY <br /> The contractor shall correct, at its own expense, any defects in the work <br /> due to faulty workmanship. <br /> The contractor agrees to provide a policy against claims for damages for <br /> personal inquiry. <br />