Completion Settlement. 14.11.1 Submitting completion settlement materials. According to the provisions as set forth in Article 12.1 hereof, within 12 days after the completion inspection & acceptance report and complete completion materials submitted by the contractor are recognized by the contract letting party, the contractor shall deliver the completion inspection & acceptance report and complete completion materials to the contract letting party.
Completion Settlement. 32.1 Within 28 days after the project completion acceptance report is approved by the Employer, the Contractor submits a completion settlement report and complete settlement information to the Employer, and the two parties perform the project completion settlement in accordance with the contract price agreed in the agreement and the contract price agreed in the special terms. .
Completion Settlement. 14.1 Application for completion settlement Unless otherwise specified in the Special Terms of the Contract, the Contractor shall, within 28 days after the completion acceptance is qualified, submit the application form of completion settlement and complete settlement data to the Project Owner and the Supervisor. The data list and copies of the application form of completion settlement shall be stipulated by the parties in the Special Terms of the Contract. Unless otherwise specified in the Special Terms of the Contract, the application form of completion settlement shall include:
Completion Settlement. 14.1 Completion Payment Application Deadline for the Contractor to submit an Completion Payment Application: Within 60 days after the issuance of the Project acceptance certificate ×. The Completion Payment Application should include: See part II of Article 21 (Supplementary Terms) ×.
Completion Settlement. 14.12.1 Submit completion settlement data The Contractor shall submit a completion settlement report and complete completion settlement data to the Employer within 30 days after the completion acceptance report and complete completion data submitted according to the provisions of Article 12.1 are determined by the Employer. The format, content and number of completion settlement data are specified in the special terms and conditions.
Completion Settlement. The format, content and number of copies of completion settlement documents: in six copies.
Completion Settlement. After the completion report is approved by Party A, Party B shall submit the completion settlement report and the complete settlement data to Party A according to the relevant national regulations or the Contract. Party A shall review and confirm the reports and settlement date within 28 days after receiving such report and settlement data, and shall make the final payment to Party B according to the Contract. Meanwhile, both parties shall conduct the engineering handover formalities. Should Party A fails to make completion settlement on schedule without good reasons, Party A shall bear Party B’s corresponding custodian fees and interest losses.
Completion Settlement
