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15 <br /> payments to contractors. If all work is deemed satisfactory and all other factors and written <br /> agreements are in order, payment shall be issued upon presentation of an original invoice from <br /> the contractor. Contractor should allow 21 business days for processing of the invoice for <br /> payment. <br /> 2. The contractor is entitled to request two (2) partial payments and a final payment.The first partial <br /> payment may be requested when the work is 50%complete.The second partial payment may be <br /> requested when the work is 85%complete. When a payment is requested,the Rehabilitation <br /> Specialist will inspect the work within three (3) days, determine percentage of job completion and <br /> calculate a payment based on 90%of the total work completed. <br /> 3. Following construction,the contractor and the Rehabilitation Specialist will meet with the <br /> Homeowner in a post-construction conference.At this conference the contractor will hand over all <br /> owner's manuals and warranties on equipment and materials to the homeowner and be available <br /> to answer homeowner questions. <br /> 4. Proiect Closeout: When the contractor declares the work complete,the Rehabilitation Specialist <br /> will thoroughly inspect the work. If any of the work is deemed unsatisfactory, it must be corrected <br /> prior to authorization of final payment. If the contractor fails to correct the work to the <br /> satisfaction of the County's Rehabilitation Specialist, payment may be withheld until the work is <br /> deemed satisfactory. (Contractors may follow the County's Essential Single-Family Rehabilitation <br /> Loan Pool Assistance Policy if a dispute occurs; however, contractors shall abide by the final <br /> decision as stated in the policy).The homeowner, Project Administrator and Rehabilitation <br /> Specialist will sign off on the work. After receipt of the contractor's final invoice, inspections, <br /> certificate of completion and lien releases, the final payment will be ordered.All material and <br /> workmanship will be guaranteed by the contractor for a period of one-year, using the date the <br /> Rehabilitation Specialist declares all work complete and approves the final invoice for payment, <br /> the homeowner will be provided the one (1)year warranty date in writing. <br /> 5. The County assures,through this policy,that adequate funds shall be available to pay the <br /> contractor for satisfactory work. <br /> 6. All contractors, sub-contractors and suppliers must sign a lien waiver prior to disbursement of <br /> funds. <br /> The Procurement and Disbursement Policies are adopted this the day of 20_ <br /> Penny Rich, Chair <br /> Orange County Board of Commissioners <br /> Attest <br />