Common use of Applications for Payment for the Work Clause in Contracts

Applications for Payment for the Work. Applications for payment and supporting information required by the Contract for Construction shall be submitted in detail sufficient for an audit thereof in accordance with Owner’s policies on the subject in effect at the time Construction Manager commences construction. Within thirty (30) business days of receipt of Construction Manager’s application for payment, properly prepared pursuant to Owner’s policies on the subject, and all required supporting information, Owner shall pay Construction Manager the amount approved by Professional, less retainage, unless there is a dispute about the amount of compensation due to Construction Manager.

Appears in 3 contracts

Samples: Agreement for Construction Management Continuing Services, Agreement for Construction Management Services, Agreement for Construction Management Services

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Applications for Payment for the Work. Applications for payment and supporting information required by the Contract for Construction shall be submitted in detail sufficient for an audit thereof in accordance with Owner’s policies on the subject in effect at the time Construction Manager commences construction. Within thirty (30) business days of receipt of Construction Manager’s application for paymentprogress payment application, properly prepared pursuant to Owner’s policies on the subject, and all required supporting information, Owner shall pay Construction Manager the amount approved by Professional, less retainage, unless there is a dispute about the amount of compensation due to Construction Manager.

Appears in 1 contract

Samples: Agreement for Construction Management Services

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Applications for Payment for the Work. Applications for payment and supporting information required by the Contract for Construction shall be submitted in detail sufficient for an audit thereof in accordance with Owner’s policies on the subject in effect at the time Construction Manager commences construction. Within thirty (30) business days of receipt of Construction Manager’s application for Progress Payment Application payment, properly prepared pursuant to Owner’s policies on the subject, and all required supporting information, Owner shall pay Construction Manager the amount approved by Professional, less retainage, unless there is a dispute about the amount of compensation due to Construction Manager.

Appears in 1 contract

Samples: Agreement for Construction Management Services

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