Final Completion and Payment Sample Clauses

Final Completion and Payment. The Contractor shall give written notice to Owner’s Representative of final completion. Upon written notice of final completion, the Owner's Representative shall proceed to make final measurement to determine whether final completion has occurred. If the Owner’s Representative determines final completion has occurred, Owner’s Representative shall so certify to the Owner. Upon certification by Owner’s Representative of final completion, Owner shall pay to the Contractor on or before the 31st working day after the date of certification of final completion, the balance due Contractor under the terms of this agreement. Neither the certification of final completion nor the final payment, nor any provisions in the contract documents shall relieve the Contractor of the obligation for fulfillment of any warranty which may be required in the contract documents and/or any warranty or warranties implied by law or otherwise. Owner may, in its sole discretion, release all or a portion of the Retainage for fully completed and accepted portions of the work. Notwithstanding the foregoing, Owner may withhold the Retainage if there is a bona fide dispute between Owner and Contractor according to section 2252.032(f) of the Texas Government Code.
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Final Completion and Payment. (1) Upon completion of the Work, the Contractor shall provide to the Library District written notice that the Work is ready for final inspection and acceptance, along with Contractor’s final Application for Payment. The Work shall then be inspected by Brinkmann Constructors and St. Louis County Library District, and when the Work is found to be acceptable and complete, the Architects shall issue a final Certificate for Payment stating that the Work has been completed in accordance with the Agreement and all related and applicable documentation. (2) In order for the final payment and any remaining retainage to become due, Contractor shall submit to the Library District: (i) an affidavit that payrolls, bills for materials and equipment and any other indebtedness connected with the Work which could become the responsibility of the Library District, have been paid or otherwise satisfied; (ii) a certificate showing that any insurance required by this Agreement and related documentation to remain in force after final payment, is currently in effect and will be canceled only upon 30 days prior written notice to the Library; (iii) an affidavit that all wages have been paid, and other requirements have been satisfied, of the Missouri Prevailing Wage Law; (iv) consent of surety to final payment, as applicable; (v) final and unconditional lien waivers signed by Contractor and all subcontractors; (vi) copies of all as built documents, warranties and equipment manuals as required by this Agreement or by the Library District; and (vii) certificate of compliance with all other applicable laws and regulations, and requirements of the Library District. (3) Upon satisfaction of the requirements and procedures and the providing of all affidavits, certificates, lien waivers and other documentation required by this Agreement has been completed, Library District shall make final payment, which shall be the unpaid balance of the Contract Sum, to the Contractor. (4) Acceptance of final payment by the Contractor and by all subcontractors shall constitute waiver by those parties of all claims except any previously made in writing. (5) The Library District’s making of final payment shall constitute a waiver of all claims by the Library District, except those arising from liens, claims, security interests or encumbrances arising out of the Agreement and remaining unsettled; failure of the Work to comply with the requirements of this Agreement and all documentation related to, or inco...
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Final Completion and Payment. Within thirty (30) days after Final ---------------------------- Completion and satisfaction of the conditions contained in Sections 4.7.1 and 4.9 hereof, Beneficiary shall pay Contractor all monies held as security pursuant to Section 4.5.2 hereof (except if the parties agree to extend the Letter of Credit beyond Final Completion pursuant to the provisions of Section 5.7(d) hereof) and any other monies that are owed by Owner to Contractor. The payment by Owner of the final Application for Payment does not constitute a waiver by Owner of Contractor's warranties as specified in this Contract.
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Final Completion and Payment. When Contractor has finished all work for each time period required by the Contract Documents to the County’s satisfaction, Contractor shall promptly submit a written invoice to the County. The County will then issue payment in full to Contractor within thirty (30) days of receipt of said invoice.
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Final Completion and Payment a. If, on the basis of Authority's observation of the Work during construction and final inspection, and Authority's review of the Application for Final Payment and accompanying documentation as required by the Contract Documents, Authority is satisfied that the Work has been completed and Contractor 's other obligations under the Contract Documents have been fulfilled, Authority will, within ten (10) days after receipt of the final Application for Payment, make payment. At the same time, Authority will also give Written Notice of Final Completion to Contractor. Otherwise, Authority will return the Application for Final Payment to Contractor indicating in writing the reasons for refusing to recommend Final Completion and Final Payment, in which case Contractor shall make the necessary corrections and resubmit the Application for Final Payment. Authority may keep any monies which would otherwise be payable at the time hereunder and apply the same or so much as may be necessary therefore to the payment of any expenses, losses, or damages incurred by Authority for which Contractor is liable under this Contract, including liquidated damages. Upon receipt of the Notice of Final Completion and acceptance of the Work by Authority, final payment shall be made. b. If, through no fault of Contractor, Final Completion of the Work is significantly delayed and if Authority so confirms, Authority shall, upon receipt of Contractor 's Application for Final Payment, and without terminating this Contract, make payment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance to be held by Authority for Work not fully completed or corrected is less than the retainage stipulated in this Contract, the written consent of the Surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by Contractor to Authority with the Application for Final Payment. Such payment shall be made under the terms and conditions governing Final Payment, except that it shall not constitute a waiver of claims.
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Final Completion and Payment. 5.1 When Contractor considers the Work under a Work Order to be complete and ready for its intended use, Contractor shall review the Work Order and inspect theWork. Prior to Contractor’s notification to the Director that the Work is completeand ready for final inspection, Contractor shall submit an affidavit that the Work has been inspected, and that the Work is complete in accordance with requirements of this Agreement. 5.2 Prior to the Director issuing a Certificate of Final Completion, Contractor shall provide a Certificate of Occupancy for new construction or a Certificate of Compliance for remodeled work and compliance with Texas Accessibility Standards through State Inspection of the Work, if required. 5.3 Within five days after receipt of Contractor's written notice that the Work is ready for final inspection and acceptance under a Work Order, the Director will make such inspection. When the Director finds the Work in accordance with this Agreement, the Director will, within three business days, issue or cause to be issued a Certificate of Final Completion stating that to the best of Director’s knowledge, information, and belief, the Work has been completed in accordance with terms and conditions of the Work Order, Documents, and Agreement and recommends acceptance of the Work under the Work Order. Upon acceptance, the Director will issue a Certificate for Payment. 5.4 Should Work be found not in compliance with requirements of this Agreement, Director will notify Contractor in writing of items of non-compliance. Upon correction of such non-complying items, the City shall issue a Certificate of Final Completion to Contractor as provided in Section 6.3 of Exhibit “A”. 5.5 Contractor shall submit the following items to the Director before he or she will issue a Certificate of Final Completion: 5.5.1 Affidavit that payrolls, invoices for materials and equipment and other indebtedness of Contractor connected with the Work (less amounts withheld by the City) have been paid or otherwise satisfied; and, if required by the Director, submits further proof including waiver or release of lien or claims from laborers or Suppliers of material or equipment; 5.5.2 Certificate evidencing that insurance required by the Agreement is toremain in force after final payment is currently in effect and will not be canceled, or materially changed, until at least 30 days written notice has been given to the Director; 5.5.3 Written statement that the Contractor knows of no su...
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Final Completion and Payment. Upon completion of the Work, the Contractor shall provide to the Owner and Architect written notice that the Work is ready for final inspection and acceptance, along with Contractor’s final Application for Payment. The Work shall then be inspected by the Owner and Architect, and when the Work is found to be acceptable and complete, the Architect shall issue a final Certificate for Payment stating that the Work has been completed in accordance with the Contract Documents.
Sample 1
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Final Completion and Payment. The Contractor shall give written notice to Owner’s Representative of final completion. Upon written notice of final completion, the Owner's Representative shall proceed to make final measurement to determine whether final completion has occurred. If the Owner’s Representative determines final completion has occurred, Owner’s Representative shall so certify to the Owner. Upon certification by Owner’s Representative of final completion, Owner shall pay to the Contractor on or before the 31st working day after the date of certification of final completion, the balance due Contractor under the terms of this agreement. Neither the certification of final completion nor the final payment, nor any provisions in the contract documents shall relieve the Contractor of the obligation for fulfillment of any warranty which may be required in the contract documents and/or any warranty or warranties implied by law or otherwise.
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Related to Final Completion and Payment

  • FINAL COMPLETION AND FINAL PAYMENT 9.9.1 Upon receipt of written notice that the Work is ready for final inspection and acceptance and upon receipt of a final Application for Payment, the Architect will promptly make such 9.9.2 Neither the final payment nor the remaining retained percentage shall become due until the Contractor submits to the Architect (1) an affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the State or its property might in any way be responsible, have been paid or otherwise satisfied; (2) consent of surety, if any, to final payment; (3) Other data establishing payment or satisfaction of all such obligations, including, but not limited to, receipts, releases, or other supporting documentation. and (4) final waivers of liens arising out of the Contract, to the extent and in such form as may be designated by the State. If any Subcontractor refuses to furnish a release or waiver required by the State, the Contractor may furnish a bond satisfactory to the State to indemnify him against any such lien. If any such lien remains unsatisfied after all payments are made, the Contractor shall refund to the State all moneys that the latter may be compelled to pay in discharging such lien, including all costs and reasonable attorneys' fees. 9.9.3 If, after Substantial Completion of the Work, final completion thereof is materially delayed through no fault of the Contractor or by the issuance of Change Orders affecting final completion, and the Architect so confirms, the State shall, upon application by the Contractor and certification by the Architect, and without terminating the Contract, make payment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance for Work not fully completed or corrected is less than the retainage stipulated in the Contract Documents, and if bonds have been furnished as required by the Contract Documents, the written consent of the surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by the Contractor to the Architect prior to certification of such payment. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of claims. 9.9.4 The making of final payment shall constitute a waiver of all claims by the State except those arising from: (a) unsettled liens, (b) faulty or defective Work appearing after Substantial Completion, (c) failure of the Work to comply with the requirements of the Contract Documents, or (d) terms of any special warranties required by the Contract Documents. 9.9.5 The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of the final Application for Payment.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

  • Final Completion Date Final Completion for the Work as defined in Article 6.1.3 of the General Conditions to the Continuing Contract for Construction Management shall be achieved by October 31, 2024.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • Payments and Completion Payments may be withheld because of (1) defective work not remedied; (2) failure of contractor to make proper payments to subcontractors, workers, or suppliers; (3) persistent failure to carry out work in acceptance with this Agreement or these general conditions, or (4) legal claims. Final payment will be due after complete release of any and all liens arising out of the contract or submission of receipts or other evidence of payment covering all subcontractors or suppliers who could file such a lien. The contractor agrees to indemnify the Owner against such liens and will refund all monies including costs and reasonable attorney’s fees paid by the owner in discharging the liens. A 10 percent holdback is required by the lender to assure the work has been properly completed and there are no liens against the property.

  • Upon Substantial Completion of the Work or designated portion thereof and upon application by the Contractor and certification by the Architect, the State shall make payment, reflecting adjustment in retainage, if any, for such Work or portion thereof, as provided in the Contract Documents.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

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