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3.3. Notice W Prnceed. The Contcactor will begin work within ten (10) days of the issuance of the Notice to Proceed (unless otherwise stipulated). 3.4. The number of work days must be set aut in the contract. 3.5. Upon completion of the work and acceptance by the Contract Administtator and the homeowner, the Certificate of Final Inspcction and Verification is issued and the Wetranty Period begins, 3.6. Thirty (30) days aRer the issuance of the Final Inspectioa end Verification, all retainage is released to the Contractor, execpt in cases where it is determined that the retainege should not be released. 3.7. Compensation A. PaYments are made when the project reaches 4Q"/o, 70%, end 100% completion and at thirty (30) days after the Final InspecNon and VeriScation is issued. 3.8. All request for payments wi]I be made as follows: A. The Contractor will submit in writing to the Contract Administrator, a list of items, their costa, and a sum of the item costs for work to be paid. This will bo based on conep/eted itenia nnly from the schedule of values submitted by the Contractor prior to construction, or the Itemization of Bid Form if no schedule is submitted. B. The Contract Administrator will inspect such work as eoon as possible (usuatly within one (1) business day) from receipt of such request by the Cflntractor. C. The Contract Administrator wil] provide a completed Progress Payment form for signature to the Contractor for work for which payment is authorizcd, D. The Contract Administrator will then request the homeowner to executc the Progress Payment form. E. The Contract Administrator wil1 normally pay the Contractor within ten (10) calendar days from thc date of the owner's signaturo. Payment will be issued based on the Contract Administrator's Financial Departmont's pay day schedule. 3.9. All work must be done with skilled craftsmen and accomplished with care. 3.10. All materials used must be new (unleas otherwiso specified in the Project manual) and of a good qualiry. 3.11. Product Submittals - contractor must provide samples to the Homeowner for Belection for ail materiale as cited in the individual specifications and provido reasflnable time to the homeowner to make selecbons Contractor must provide written submittal with the homeowner`s signawrc of apprnval to the Contract Administrator. Items to be submitted for approval: paint, flooring materiels, brick, shingles, color of vinyl siding, counter tops, appliances or any other item which can be sclected accord;ng to style, color or other factor but not affecting the price or quality of such item. 4.0 Project Cloec-Ont 4.1. Cleaning: Remove all construction debris from the site. Clean aad mop all resilient floors. Clean all new and existing paint from other finished sorfaces including window glass and mirrors. 4.2. Qperating Items: Leave all newly instatled items in operating condition. Light gas water heater pilots and gas heater pilots. Start all systems. 4.3. Prepaiation of Structune: Prepare structwe for homeowner's occupancy. TDHCA - HOME Inveshnent Partrietships Prograrn Appaidix A-04 - TMC Specifications Page 2 of 24 Revisod OU01/2004 " 213