Construction Phase Payments. 10.3.1 Payments for Construction Phase Services shall be made as provided for in the UGSC and Owner’s Specifications. All payment requests shall be submitted through e- Builder® with a Schedule of Values and include all required attachments. Payment for approved Change Orders shall be made as part of Contractor’s Application for Payment. Failure to submit a Prime Contractor Progress Assessment Report form with each Application for Payment will cause rejection of the application by Owner and its return to Contractor.
Construction Phase Payments. Payments for Construction Phase Services shall be made as provided for in the Uniform General Conditions for University of Texas System Building Construction Contracts and the Owner’s Specifications. All payment requests shall be submitted on an Application for Payment with a schedule of values approved by the Owner and include all required attachments identifying payments to Historically Underutilized Businesses and to all Subcontractors. Payment for approved Change Orders shall be made as part of the Construction Manager's Application for Payment. Failure to submit “HUB Progress Assessment Report Documentations of Subcontracted Work” form with each Application for Payment Application will cause rejection of the application by the Owner and its return to the Construction Manager. The Construction Manager’s Construction Phase Fee shall be shown as a separate line item on the Schedule of Values. Payment of the Construction Manager’s Construction Phase Fee shall be made with each Application for Payment in the same proportion as the percentage completion of the Cost of the Work of the Project. For General Conditions Costs, Construction Manager’s Application for Payment shall include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit and payment for these costs is dependant on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if the Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the schedule of values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project. Pay requests for Subcontractor work included in an Application for Payment shall not exceed the percentage of Work allocated to that Subcontractor for each respective schedule of values work classification which has been actually completed and shall not exceed the total value of the subcontract amount. Construction Manager’s Request for Final Payment shall not be made until all Work is completed and all requirements of the Contract Documents have been satisfied including, without limitation: delivery to Owner of a complete release of all liens and claims arising out of the Work...
Construction Phase Payments. Payments for Pre-Construction Phase Services shall be made monthly based on the percentage completion of the Construction Manager’s required services for each stage of development of the Construction Documents and the procurement of Subcontractor bids/proposals in accordance with the following schedule: Pre Design Phase (Program) 5% Schematic Design Stage 10% Design Development Stage 20% GMP Development Stage 20% Construction Documents Stage 40% Subcontractor Bid/Proposal Stage 5% All payment requests for Pre-Construction Phase Services shall be submitted on an Application for Payment and Schedule of Values approved by the Owner and includes all required attachments identifying payments to Historically Underutilized Businesses and to all Subcontractors.
Construction Phase Payments. 12.3.1 Payments for Construction Phase Services shall be made as provided for in the Uniform General Conditions for University of Texas System Building Construction Contracts and the Owner’s Specifications. All payment requests shall be submitted on an Application for Payment with a schedule of values approved by the Owner and include all required attachments identifying payments to Historically Underutilized Businesses and to all Subcontractors. Payment for approved Change Orders shall be made as part of the Construction Manager's Application for Payment. Failure to submit “HUB Progress Assessment Report Documentations of Subcontracted Work” form with each Application for Payment Application will cause rejection of the application by the Owner and its return to the Construction Manager.
12.3.2 The Construction Manager’s Construction Phase Fee shall be shown as a separate line item on the Schedule of Values. Payment of the Construction Manager’s Construction Phase Fee shall be made with each Application for Payment in the same proportion as the percentage completion of the Cost of the Work of the Project.
Construction Phase Payments. Payments for Construction Services shall be made in conformance with UGC Article 10, subject to the conditions and terms of this Agreement.
Construction Phase Payments. Payments for Pre-Construction Phase Services shall be made monthly based on the percentage completion of the Design/Build Contractor’s required services for each stage of development of the Construction Documents and the procurement of Subcontractor bids/proposals in accordance with the schedule in Article 24, Compensation. All payment requests for Pre-Construction Phase Services shall be submitted on an Application for Payment and Schedule of Values approved by the Owner and includes all required attachments identifying payments to Project Architect, Historically Underutilized Businesses and to all Subcontractors.
Construction Phase Payments. 12.3.1 Payments for Construction Phase Services shall be made as provided for in the UTUGCs and Owner’s Specifications. All payment requests shall be submitted on an Application for Payment with a Schedule of Values approved by Owner and include all required attachments identifying payments to Historically Underutilized Businesses and to all Subcontractors. Payment for approved Change Orders shall be made as part of Design/Build Contractor's Application for Payment. Failure to submit “HUB Progress Assessment Report Documentations of Subcontracted Work” form(s) with each Application for Payment will cause rejection of the application by Owner and its return to Design/Build Contractor.
12.3.2 Design/Build Contractor’s Construction Phase Fee and Construction Contract Administration Fee shall each be shown as separate line items on the Schedule of Values. Payment of Design/Build Contractor’s Construction Phase Fee shall be made with each Application for Payment in the same proportion as the percentage completion of the Cost of the Work of the Project.
Construction Phase Payments. 12.3.1 Payments for Construction Phase Services shall be made as provided for in the UGC Article 10 and in the Owner’s Specifications in Division 1, subject to the conditions and terms of this Agreement. All payment requests shall be submitted on an Application for Payment with a Schedule of Values approved by the Owner and shall include all required attachments identifying payments to Historically Underutilized Businesses and to all Subcontractors. Payment for approved Change Orders shall be made as part of the CM's Application for Payment. Change Orders shall be listed separately on the Application for Payment form. Failure to submit “HUB Progress Assessment Report Documentations of Subcontracted Work” form with each Application for Payment Application will cause rejection of the pay application by the Owner and its return to the CM.
12.3.1.1 The CM shall submit for Owner’s approval a submittal schedule that provides for the purchase of all materials necessary for the Work within the first twenty-five percent (25%) of the Construction Phase, as shown on the approved construction schedule. In the event that exigent circumstances prevent the CM from complying with this requirement, CM shall request the ODSR’s written approval, prior to initial submission of the submittal schedule, for a variance from this requirement, and shall comply with the terms of any such variance.
12.3.2 The CM’s Construction Phase Fee shall be shown as a separate line item on the Schedule of Values. CM’s Construction Phase Fee shall be paid monthly in the same proportion as the approved percentage completion of the Cost of the Work of the Project.
Construction Phase Payments. Based upon certified invoices approved by the Authority, and supporting information reasonably requested by the Authority (including appropriate documentation of payment from the Design- Builder to its Subcontractors), the Authority shall make monthly progress payments to the Design-Builder on account of a GMP for Construction Work properly completed (or portion thereof) in the prior month, evaluated against the Schedule of Values, which progress payments may be offset by any liquidated damages or other deductions that the Authority is entitled to set off against amounts due to the Design-Builder under the terms of the DBA.
Construction Phase Payments. 7.1 Progress Payments
7.2 Final Payment
