Common use of Final Installment Clause in Contracts

Final Installment. The Designer shall be paid the unpaid balance of the Fee for Basic Services (as that fee may be amended), upon: 5.6.1 Approval by the Department of the Certificate of Final Completion of construction. In cases where the Department approves a Certificate of Partial Release of Retainage, the sum of $500 shall be retained until a Certificate of Final Completion is approved. 5.6.2 Delivery by the Designer to the Authority of the Record Drawings required by this contract. 5.6.3 Submission of Attachment F verifying payment to MBE/WBE sub-consultants or subcontractors as required by paragraph 15.5, and 5.6.4 A written evaluation of the Contractor by the Designer from which the Authority shall be able to complete its submission of the Contractor Evaluations as required by MGL c.149 §44D(7).

Appears in 4 contracts

Samples: Designer Services Contract, Designer Services Agreement, Designer Services Contract

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