Delayed Payments by Owner. The Owner shall submit a payment request for all undisputed amounts to the Chief Financial Officer for payment no more than twenty (20) days after receipt of an approvable payment request. If the Owner should fail to pay the Construction Manager within thirty (30) days after the receipt of an approvable payment request from the Construction Manager, then the Construction Manager may, upon seven (7) additional days written notice to the Owner and the Architect-Engineer stop the Project until payment of the Amount owing has been received.
Appears in 2 contracts
Samples: Construction Project Agreement, Construction Project Agreement
Delayed Payments by Owner. The Owner shall submit a payment request for all undisputed amounts to the Chief Financial Officer for payment no more than twenty (20) days after receipt of an approvable payment request. If the Owner should fail to pay the Construction Manager Contractor within thirty forty (3040) days after the receipt of an approvable payment request from the Construction ManagerContractor, then the Construction Manager Contractor may, upon seven (7) additional days written notice to the Owner and the Architect-Engineer Engineer, stop the Project until payment of the Amount amount owing has been received.
Appears in 1 contract
Samples: Construction Contract
Delayed Payments by Owner. The Owner shall submit a payment request for all undisputed amounts to the Chief Financial Officer for payment no more than twenty (20) days after receipt of an approvable payment request. If the Owner should fail to pay the Construction Manager Contractor within thirty (30) days after the receipt of an approvable payment request from the Construction ManagerContractor, then the Construction Manager Contractor may, upon seven (7) additional days written notice to the Owner and the Architect-Engineer stop the Project until payment of the Amount owing owed has been received.
Appears in 1 contract
Samples: Construction Project Agreement