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<br />proof, OWNER and CONTRACTOR agree that as liquidated damages for delay <br />(but not as a penalty) CONTRACTOR shall pay OWNER <br />One hundred and No/lOa dollars ($100.00 ) <br />for each day that expires after the time specified in paragraph 3.1 <br />for Substantial Completion until the Work is substant.iallX complete. <br />After Substantial Completion, if CONTRACTOR shall neglect, refuse or <br />fail to complete the remaining Work within the Contract Time or any <br />proper extension thereof granted by OWNER, CONTRACTOR shall pay OWNER <br />Seventy Five and No/lOa <br />dollars ($ 75.aa ) for each day that expires after the time <br />specified in paragraph 3.1 for completion and readiness for final <br />payment. <br /> <br />Article 5. PAYMENT PROCEDURES. <br /> <br />CONTRACTOR shall submit Applications for Payment in accordance with <br />Article 14 of the General Conditions. Applications for Payment will <br />be processed by ENGINEER as provided in the General Conditions. <br /> <br />5.1 Progress Payments. No Progress payments will be made <br />on this project. One payment, Final Payment, will be made <br />upon the satisfactory completion of the project. <br /> <br />5.2 Final Payment. Upon final completion and acceptance of <br />the Work in accordance with paragraph 14.13 of the General <br />Conditions, OWNER shall pay the remainder of the Contract <br />Price as recommended by ENGINEER as provided in said paragraph <br />14.13. <br /> <br />2 <br />