Applications for Tenant Improvement Payments. 19.2.1 Procedure for Applications for Tenant Improvement Payments
19.2.1.1 Not before the fifth (5th) day of each calendar month during the progress of the Work, Developer shall submit to the District and the Architect an itemized Application for Payment for operations completed in accordance with the Schedule of Values. Such application shall be on a form approved by the District and shall be notarized, if required, and supported by the following or each portion thereof unless waived by the District in writing:
19.2.1.1.1 The amount paid to the date of the Application for Payment to Developer, to all its Subcontractors, and all others furnishing labor, material, or equipment under the Contract Documents.
19.2.1.1.2 The amount being requested under the Application for Payment by Developer on its own behalf and separately stating the amount requested on behalf of each of the Subcontractors and all others furnishing labor, material, and equipment under the Contract Documents.
19.2.1.1.3 The balance that will be due to each of such entities after said payment is made.
19.2.1.1.4 A certification that the As-Built Drawings and annotated Specifications are current.
19.2.1.1.5 Itemized breakdown of work done for the purpose of requesting partial payment.
19.2.1.1.6 An updated and acceptable construction schedule in conformance with the provisions herein.
19.2.1.1.7 The additions to and subtractions from the Guaranteed Maximum Price and Contract Time.
19.2.1.1.8 A total of the retentions held.
19.2.1.1.9 Material invoices, evidence of equipment purchases, rentals, and other support and details of cost as the District may require from time to time.
19.2.1.1.10 The percentage of completion of Developer’s Work by line item.
19.2.1.1.11 Schedule of Values updated from the preceding Application for Payment.
19.2.1.1.12 A duly completed and executed conditional waiver and release upon Tenant Improvement Payment compliant with Civil Code section 8132 from Developer and each subcontractor of any tier and supplier to be paid from the current Tenant Improvement Payment.
19.2.1.1.13 A duly completed and executed unconditional waiver and release upon Tenant Improvement Payment compliant with Civil Code section 8134 from Developer and each subcontractor of any tier and supplier that was paid from the previous Tenant Improvement Payment submitted 60 days prior; and
19.2.1.1.14 A certification by Developer of the following: Developer warrants title to all Work performed as of th...
Applications for Tenant Improvement Payments. 19.2.1 Procedure for Applications for Tenant Improvement Payments
19.2.1.1 Not before the fifth (5th) day of each calendar month during the progress of the Work, Developer shall submit to the District and the Architect an itemized Application for Payment for operations completed in accordance with the Schedule of Values. Such application shall be on a form approved by the District and shall be notarized, if required, and supported by the following or each portion thereof unless waived by the District in writing:
19.2.1.1.1 The amount paid to the date of the Application for Payment to the Developer, to all its Subcontractors, and all others furnishing labor, material, or equipment under the Contract Documents.
Applications for Tenant Improvement Payments. Tenant Improvement Payments, as the part of the costs as developed in the Contractor’s Guaranteed Maximum Price: As compensation for Contractor’s construction of the Project, the District shall pay Contractor pursuant to the terms of Exhibit “C” to the Master Facilities Lease.
7.2.1. During the Contractor’s performance of the Work, the Contractor shall submit to the Construction Manager a CPM schedule update each month in accordance with the provisions of General Requirements. The CPM schedule update Submittal that is to be submitted to the Construction Manager after the Monthly Schedule Review Meeting shall include Applications for Tenant Improvement Payments, on forms provided by the Construction Manager, setting forth an itemized estimate of Work completed in the preceding month for the purpose of the District's making of Tenant Improvement Payments thereon. Values utilized in the Applications for Tenant Improvement Payments shall be based upon the District accepted Cost Breakdown pursuant to Article 7.1 above and shall not be considered as fixing a basis for adjustments to any part of the Guaranteed Maximum Price.
7.2.1.1. Where the Contract requires a cost-loaded schedule per Specifications, the estimate of Work completed in the preceding month shall be directly determined by the cost-loaded Monthly Schedule Update. Refer to Specifications regarding Monthly Schedule Updates.
7.2.1.2. Where the Contract does not require a cost-loaded CPM schedule per Specification, the Contractor shall estimate the amount of the Application for Tenant Improvement Payment by updating the status of each Schedule of Value item that is complete or in progress with a physical percent complete as of the last day of the preceding month or other cutoff date as approved or directed by the Construction Manager.
7.2.1.3. The Contractor shall submit the updated Schedule of Values, in both printed and electronic form, to the Construction Manager for review and approval. Monthly Schedule Review meetings shall be conducted in accordance with Specifications for the purpose of finalizing the percent to be paid for Work completed or in progress. After the meeting, the Contractor shall make revisions to the status of Schedule of Value line items, as directed by the Construction Manager, and submit the Application for Tenant Improvement Payment and electronic Schedule of Values on the due date set forth herein. The Contractor must submit the Monthly Schedule Update package to the Construc...
Applications for Tenant Improvement Payments
