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16.7 .1 Substitution of First-Tier Subcontractors..........................................................82 <br />16.7 .1 .1 Applicable Law.........................................................................................82 <br />16.7 .1 .2 Effect of Violation....................................................................................83 <br />16.7 .1 .3 Effect on Contract Requirements..............................................................83 <br />16.7 .2 Prompt Payment Policy.....................................................................................83 <br />16.7 .2 .1 Progress Payments....................................................................................84 <br />16.7 .2 .2 Progress Payment Due Date......................................................................84 <br />16.7 .2 .3 Interest on Late Progress Payments..........................................................84 <br />16.7 .2 .4 Incomplete Invoices..................................................................................84 <br />16.7 .2 .5 Contractor’s Obligation to Notify Subcontractors of Progress Payments84 <br />16.7 .2 .6 Disputes.....................................................................................................84 <br />16.7 .3 Retainage...........................................................................................................85 <br />16.7 .3 .1 Reduction of Retainage.............................................................................85 <br />16.7 .3 .2 Forms of Retainage...................................................................................85 <br />16.7 .3 .2 .1 Cash...................................................................................................85 <br />16.7 .3 .2 .2 City’s Right to Reimbursement for Expenses Incurred....................85 <br />16.7 .3 .2 .3 Contractor’s Option to Replace Retainage with Bonds or Securities85 <br />16.7 .3 .2 .4 Contractor May Request Deposit in Interest Bearing Account........85 <br />16.7 .3 .2 .5 Acceptable Bonds and Securities......................................................86 <br />16.7 .3 .2 .6 Use of Surety Bonds with Approval of City.....................................86 <br />16.7 .3 .3 Release of Retainage on Final Payment; Interest.....................................86 <br />16.7 .4 Contractor’s Entitlement to Interest on Wrongfully Withheld Payments.........86 <br />16.7 .5 Contractor’s Relations With Subcontractors....................................................87 <br />16.7 .5 .1 Contractor May Not Request Payment of Sums Withheld from <br />Subcontractors..............................................................................................................87 <br />16.7 .5 .2 City Not Party to Disputes........................................................................87 <br />16.8 Provisions Concerning Public Works Contracts.......................................................87 <br />16.8 .1 Notifying Bureau of Labor and Industries........................................................87 <br />16.8 .2 Certified Statements Regarding Payment of Prevailing Rates of Wage...........87 <br />16.8 .2 .1 Certification of Wage Rates and Payment................................................87 <br />16.8 .2 .2 Retainage Until Certified Statements Filed..............................................88 <br />16.8 .2 .3 Verification Under Oath...........................................................................88 <br />16.8 .2 .4 Inclusion of Payroll Records.....................................................................88 <br />16.8 .2 .5 Due Date for Filing with City...................................................................88 <br />16.8 .3 Requests for Commissioner Determinations; Division of Project....................88 <br />16.9 Provisions Concerning Public Buildings..................................................................88 <br />ARTICLE 17.................................................................................................................................90 <br />SURPLUS PROPERTY............................................................................................................90 <br />17.1 General Methods.......................................................................................................90 <br />17.1 .1 Governments.....................................................................................................90 <br />17.1 .2 Auction..............................................................................................................90 <br />17.1 .3 Bids...................................................................................................................90 <br />17.1 .4 Liquidation Sale................................................................................................90 <br />17.1 .5 Fixed-Price Sale................................................................................................90 <br />17.1 .6 Trade-In.............................................................................................................90 <br />17.1 .7 Donation............................................................................................................90 <br />Table of Contents xiii <br />Exhibit A to Administrative Order No. 44-08-06-F <br /> <br />