Contractor may invoice. Owner for the remaining balance of the Contract Sum (the “Final Payment”) once the Work is substantially completed. (“Substantial Completion” or “substantially complete” means that the Owner is able to use the Synthetic Fields and Running Track as intended by the Owner). Owner shall determine in its sole discretion when Contractor has achieved Substantial Completion, which determination shall not be unreasonably withheld. Retainage shall be withheld from the Final Payment to Contractor, as more specifically set forth in Article 5.5 below.
Contractor may invoice. Owner for the remaining balance of the Contract Sum (the “Final Payment”) once the Work is substantially completed. (“Substantial Completion” or “substantially complete” means that the Owner is able to use the Xxxxxxx Hole Middle School and its roof as intended by the Owner). Owner shall determine in its sole discretion when Contractor has achieved Substantial Completion, which determination shall not be unreasonably withheld. Retainage shall be withheld from the Final Payment to Contractor, as more specifically set forth in Article 5.5 below.
