Common use of Final Payment Certificate Clause in Contracts

Final Payment Certificate. Within 30 (thirty) days after receipt of the Final Payment Statement for Works under Clause 10.4, and the written discharge under Clause 10.5, and there being no disputed items of claim, the DTA shall deliver to the Authority, with a copy to the Contractor, a final payment certificate (the “Final Payment Certificate”) stating the amount which, in the opinion of the DTA, is finally due under this Agreement or otherwise. For the avoidance of doubt, before issuing the Final Payment Certificate, the DTA shall ascertain from the Authority all amounts previously paid by the Authority and for all sums to which the Authority is entitled, the balance, if any, due from the Authority to the Contractor or from the Contractor to the Authority, as the case may be.

Appears in 3 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Final Payment Certificate. Within 30 (thirty) days after receipt of the Final Payment Statement for Works under Clause 10.4, and the written discharge under Clause 10.5, and there being no disputed items of claim, the DTA shall deliver to the Authority, with a copy to the ContractorDeveloper, a final payment certificate (the “Final Payment Certificate”) stating the amount which, in the opinion of the DTA, is finally due under this Agreement or otherwise. For the avoidance of doubt, before issuing the Final Payment Certificate, the DTA shall ascertain from the Authority all amounts previously paid by the Authority and for all sums to which the Authority is entitled, the balance, if any, due from the Authority to the Contractor Developer or from the Contractor Developer to the Authority, as the case may be.

Appears in 1 contract

Samples: Construction Contract

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