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._ ' . 052 <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> THIS CONTRACT, made and entered into this <br /> .�� day of <br /> the Board of , 19 ' pursuant to a resolution heretofore adopted by <br /> Commissioners, Orange County, North Carolina, by and <br /> between <br /> a corporation with its <br /> principal office and place of business in <br /> politic <br /> (hereinafter <br /> called"the Counted the County a Orange, $ body <br /> W I T N E S S E T H <br /> WHEREAS, the County of Orange duly advertised for bids for <br /> by law; and and bids were received and duly <br /> opened as required <br /> WHEREAS, after a careful consideration of the bid submitted <br /> by the Company, the Board of Commissioners of Orange County has <br /> heretofore adopted a resolution authorizing the acceptance of such <br /> bid, and the execution, in the name of the County of Orange of a <br /> contract with the said Company covering the installation of a <br /> NOW, THEREFORE, in consideration of the premises and in <br /> further consideration of the mutual agreement contained herein, <br /> well as the financial consideration hereinafter referred to, the <br /> parties hereto have contracted and agreed as follows; the <br /> (1) In accordance with the County' s specifications and <br /> Company's proposal, copies of which specifications and are <br /> attached hereto and made a part hereof, Company will furs sh and <br /> install a <br /> and specifically referred to as <br /> proposal submitted by the Company or din lthe specifications Lions described in the <br /> hereto. <br /> attached <br /> {$ (2) The total contract price is <br /> ). Payment shall be made on th`e ba`�'si of 100%o <br /> monthly costs of labor and materials, including freight or hauling receipted bills. Each contractor shall submit a monthly invoice <br /> which itemizes the cost of labor, materials and North Carolina sales <br /> and use taxes paid on materials. Payment shall <br /> within ten (10) days after the contractor's invoice ehas been dcertif`e <br /> payable <br /> for payment by the engineer. The total of the monthly d <br /> required herein shall not exceed ninety y payments <br /> contract price. County shall retain at least ten percent (90Rt (10%) of the total <br /> contract price for payment to the contractor with ptheefinal payment. <br /> the <br /> The final payment shall be made to the contractor within thirty (30) <br /> y (30) <br />