Calculation of Final Payment Sample Clauses

Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 15.2.1 Take the sum of the CM/GC Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by the CM/GC's final accounting. Said sum shall not exceed the GMP. 15.2.2 Subtract amounts, if any, for which the Owner’s Authorized Representative withholds, in whole or in part, approval of payment. 15.2.3 Subtract the aggregate of previous payments made by the Owner to CM/GC. If the aggregate of previous payments made by the Owner exceeds the amount due the CM/GC, the CM/GC shall reimburse the difference to the Owner within 30 Days with interest at the rate applicable to the Owner payments.
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Calculation of Final Payment. The final payment shall be calculated as follows: 1. Take the sum of the Pre-construction Costs, plus the costs of bonds and insurance, plus the Cost of the Work substantiated by the CM/GC's final accounting. Said sum shall not exceed the GMP. 2. Subtract amounts, if any, for which the Department withholds, in whole or in part, approval of payment. 3. Subtract the aggregate of previous payments made by the Department to the CM/GC. If the aggregate of previous payments made by the Department exceeds the amount due the CM/GC, the CM/GC shall reimburse the difference to the Department within 30 Calendar Days.
Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 14.2.1 Take the sum of Contractor Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by Contractor’s final accounting. Said sum shall not exceed the GMP. 14.2.2 Subtract amounts, if any, for which Owner’s Authorized Representative withholds, in whole or in part, approval of payment. 14.2.3 Subtract the aggregate of previous payments made by Owner to Contractor. If the aggregate of previous payments made by Owner exceeds the amount due Contractor, Contractor shall reimburse the difference to Owner within 30 days, with interest at the rate applicable to Owner payments under Section E.5.1.3 of the General Conditions.
Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 14.2.1 Take the sum of the CM/GC Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by the CM/GC’s final accounting. Said sum shall not exceed the GMP. 14.2.2 Subtract amounts, if any, for which the Owner’s Authorized Representative withholds, in whole or in part, approval of payment. 14.2.3 Subtract the aggregate of previous payments made by Owner to CM/GC. If the aggregate of previous payments made by Owner exceeds the amount due the CM/GC, the CM/GC shall reimburse the difference to Owner within 30 Days with interest at the rate applicable to Owner payments under the Oregon Tech General Conditions.
Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 14.2.1 Take the sum of the CM/GC Fee, plus the Insurance and Bonding Cost, plus the Preconstruction Services, plus the actual Cost of the Work substantiated by the CM/GC's final accounting. This sum shall not exceed the GMP. 14.2.2 Subtract amounts, if any, for which the Owner’s Authorized Representative withholds, in whole or in part, approval of payment. 14.2.3 Subtract the aggregate of previous payments made by the Owner to the CM/GC. If the aggregate of previous payments made by the Owner exceeds the amount due the CM/GC, the CM/GC shall reimburse the difference to the Owner within 30 Days with interest at the rate applicable to Owner payments under the General Conditions.
Calculation of Final Payment. The amount of the final payment shall be calculated as follows:
Calculation of Final Payment. Within two (2) Business Days following notice to Power Mount of the Final Lot Value for a Lot of Secondary Materials, Stillwater will forward the Final Payment via wire transfer to Power Mount. The “Final Payment” shall be calculated as follows:
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Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 14.2.1 Take the sum of the CM/GC Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by the CM/GC's final accounting. Said sum shall not exceed the GMP. 14.2.2 Subtract amounts, if any, for which Owner’s Authorized Representative
Calculation of Final Payment. The amount of the final payment shall be calculated as follows: 13.2.1 Take the sum of the CM/GC Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by the CM/GC's final accounting. Said sum shall not exceed the GMP. 13.2.2 Subtract amounts, if any, for which the Architect withholds, in whole or in part, a final certificate for payment. 13.2.3 Subtract the aggregate of previous payments made by Owner to CM/GC. If the aggregate of previous payments made by Owner exceeds the amount due the CM/GC, the CM/GC shall reimburse the difference to Owner within 30 days. Any payment made after 30 days shall bear interest at the rate of 1.5% per month from the date 30 days after the Work under the Contract has been completed and accepted.
Calculation of Final Payment. The amount of the final payment will be calculated as follows: 14.2.1 Take the sum of the CM/GC Fee, plus the Preconstruction Fee, plus the actual Cost of the Work substantiated by Contractor’s final accounting. Said sum will not exceed the GMP. 14.2.2 Subtract amounts, if any, for which City’s Authorized Representative withholds, in whole or in part, approval of payment. 14.2.3 Subtract the aggregate of previous payments made by City to Contractor. If the aggregate of previous payments made by City exceeds the amount due Contractor, Contractor will reimburse the difference to City within thirty (30) Days with interest
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