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13 <br /> DISBURSEMENT POLICY <br /> 1. All repair work must be inspected by (a) an Orange County Rehabilitation Specialist, and <br /> (b) the homeowner prior to any payments to contractors. If all work is deemed <br /> satisfactory and all other factors and written agreements are in order, payment shall be <br /> issued upon presentation of an original invoice from the contractor. Contractor should <br /> allow 21 business days for processing of the invoice for payment. <br /> 2. If any of the work is deemed unsatisfactory, it must be corrected prior to authorization of <br /> payment. If the contractor fails to correct the work to the satisfaction of the County's <br /> Rehabilitation Specialist, payment may be withheld until such time the work is <br /> satisfactory. (Contractors may follow Orange County Urgent Repair Program Assistance <br /> Policy if a dispute occurs; however, contractors shall abide by the final decision as stated <br /> in the policy). <br /> 3. The County assures, through this policy, that adequate funds shall be available to pay the <br /> contractor for satisfactory work. <br /> 4. All contractors, sub-contractors and suppliers must sign a lien waiver prior to <br /> disbursement of funds. <br /> The Procurement and Disbursement Policies are adopted this the day of <br /> 20 . <br /> Orange County <br /> BY: <br /> ATTEST: <br /> CONTRACTORS STATEMENT: <br /> I have read and understand the attached Procurement and Disbursement Policy. <br /> BY: <br /> COMPANY NAME: <br /> WITNESS: <br />