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3.2. If this public improvement contract includes services for lawn and landscape <br />maintenance the contractor shall compost or mulch yard waste material at an approved <br />site. <br />4. ORS 279C.515 Conditions concerning payment of claims by public officers, payment <br />to persons furnishing labor or materials, and complaints. <br />4.1. If the Contractor fails, neglects or refuses to make prompt payment of any claim <br />for labor or services furnished to the contractor or a subcontractor by any person in <br />connection with this contract as the claim becomes due, the City may pay such claim to <br />the person furnishing the labor or services and charge the amount of the payment <br />against funds due or to become due the Contractor by reason of the contract. <br />4.2. If the Contractor or a first -tier subcontractor fails, neglects or refuses to make <br />payment to a person furnishing labor or materials in connection with the contract within <br />30 days after receipt of payment from the City or the Contractor, the Contractor or first - <br />tier subcontractor shall owe the person the amount due plus interest charges <br />commencing at the end of the 10 -day period that payment is due under ORS <br />279C.580(4) and ending upon final payment, unless payment is subject to a good faith <br />dispute as defined in ORS 279C.580. The rate of interest charged to the Contractor or <br />first -tier subcontractor on the amount due shall equal three times the discount rate on <br />90 -day commercial paper in effect at the Federal Reserve Bank in the Federal Reserve <br />district that includes Oregon on the date that is 30 days after the date when payment <br />was received from the contracting agency or from the Contractor, but the rate of interest <br />may not exceed 30 percent. The amount of interest may not be waived. <br />4.3. If the Contractor or a subcontractor fails, neglects or refuses to make payment to <br />a person furnishing labor or materials in connection with the public improvement <br />contract, the person may file a complaint with the Construction Contractors Board, <br />unless payment is subject to a good faith dispute as defined in ORS 279C.580. <br />4.4. The payment of a claim in the manner authorized in this section does not relieve <br />the Contractor or the contractor's surety from obligation with respect to any unpaid <br />claims. <br />5. ORS 279C.830 Public Works Bond <br />5.1 A contractor or subcontractor, unless exempt under ORS 279C.800 to 279C.870, <br />shall file with the Construction Contractors Board a public works bond with a corporate <br />surety authorized to do business in this state in the amount of $30,000. The bond must <br />provide that the contractor or subcontractor will pay claims ordered by the Bureau of <br />Labor and Industries to workers performing labor under Public Works projects. Before <br />permitting a subcontractor to start work on a Public Works project, the contractor shall <br />verify the subcontractor has also filed a public works bond with the Construction <br />Contractors Board. <br />5.2 Before starting work on a contract for a Public Works project, the contractor shall <br />provide the City with a written statement certifying contractor and any subcontractor <br />have filed a public works bond as required above. <br />