Common use of Construction Phase Payments Clause in Contracts

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.

Appears in 3 contracts

Samples: Design/Build Agreement, Design/Build Agreement, Design/Build Agreement

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Construction Phase Payments. 12.3.1 Payments for Construction Phase Services shall be made as provided for in the UTUGCs 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 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 the Owner and its return to the Design/Build Contractor. 12.3.2 The 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 the 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.

Appears in 2 contracts

Samples: Design/Build Agreement, Design/Build Agreement

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Construction Phase Payments. 12.3.1 Payments for Construction Phase Services shall be made as provided for in the UTUGCs UGC and the Owner’s Specifications. All payment requests shall be submitted on an Application for Payment with a Schedule schedule of Values 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 Design/Build Contractorthe Construction Manager's Application for Payment. Failure to submit “HUB Progress Assessment Report Documentations of Subcontracted Work” form(s) form with each Application for Payment Application will cause rejection of the application by the Owner and its return to Design/Build Contractorthe Construction Manager. 12.3.2 Design/Build ContractorThe Construction Manager’s Construction Phase Fee and Construction Contract Administration Fee shall each be shown as a separate line items item on the Schedule of Values. Payment of Design/Build Contractorthe 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.

Appears in 1 contract

Samples: Construction Manager Agreement

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