Common use of Contractor Final Payment Clause in Contracts

Contractor Final Payment. A/E shall process and certify final payment including retention only after all items of the contract are completed. A/E shall ensure that the final pay request package is complete in accord with the contract prior to forwarding to CDB. A. A/E shall obtain from the contractor all releases, waivers of lien, and the contractor’s final declaration form (CDB Form CFD). B. A/E shall reconcile all waivers and provide a statement of final accounting to CDB when the final waivers are not for the full amount of the subcontract. C. The A/E shall complete a Contractor’s Performance Evaluation (CPE) and forward this along with the contractor’s final pay request to CDB. D. The A/E shall acknowledge receipt of the contractor’s record drawings on the contractor’s final closeout package (CFCP) form. This form shall be used as a checklist of the required documentation for closeout and it shall be transmitted with the contractor’s final pay request to the CDB PM.

Contractor Final Payment. A/E shall process and certify final payment including retention only after all items of the contract are completed. A/E shall ensure that the final pay request package is complete in accord with the contract prior to forwarding to CDB. A. A/E shall obtain from the contractor all releases, waivers of lien, and the contractor’s contractors=s final declaration form (CDB Form CFD). B. A/E shall reconcile all waivers and provide a statement of final accounting to CDB when the final waivers are not for the full amount of the subcontract. C. The A/E shall complete a Contractor’s =s Performance Evaluation (CPE) and forward this along with the contractor’s =s final pay request to CDB. . D. The A/E shall acknowledge receipt of the contractor’s =s record drawings on the contractor’s final closeout package (CFCPFCP) form. This form shall be used as a checklist of the required documentation for closeout and it shall be transmitted with the contractor’s =s final pay request to the CDB PM.