Common use of Final Payment Review Clause in Contracts

Final Payment Review. Owner or its accountants will review and report in writing on Contractor’s final accounting within 30 days after it is submitted to Owner by Contractor. Contingent upon the other conditions of the Contract having been met, Owner’s Authorized Representative will, within 10 Business Days after receipt of the written report of Owner’s accountants, either issue to Owner an approval of Contractor’s final application for payment with a copy to Contractor, or notify Contractor and Owner in writing of Owner’s Authorized Representative’s reasons for withholding approval of any part of the application for payment, which disapproval shall include Owner’s Authorized Representative’s estimate of the amount that is due Contractor under the application for payment.

Appears in 2 contracts

Samples: Construction Services Contract, Emergency Construction Services Contract

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Final Payment Review. Owner or its accountants will review and report in writing on the Contractor’s 's final accounting within 30 days Days after it is submitted to Owner delivery of the final accounting by the Contractor. Contingent Based upon such Cost of the Work as Owner or Owner's accountants report to be substantiated by the Contractor's final accounting, and provided the other conditions of the Contract having have been met, the Owner’s Authorized Representative will, within 10 Business Days after receipt of the written report of Owner’s 's accountants, either issue to Owner an approval of Contractor’s final application for payment with a copy to Contractor, the Contractor or notify the Contractor and Owner in writing of the Owner’s Authorized Representative’s 's reasons for withholding approval of any part of the application for payment, which disapproval shall include Owner’s Authorized Representative’s estimate of the amount that is due the Contractor under the application for payment.

Appears in 1 contract

Samples: Public Improvement Agreement

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Final Payment Review. Owner or and/or its accountants will review and report in writing on the Contractor’s final accounting within 30 days thirty (30) Days after it is submitted to Owner delivery of the final accounting by the Contractor. Contingent Based upon such Cost of the Work as Owner or Owner’s accountants report to be substantiated by the Contractor’s final accounting, and provided the other conditions of the Contract having have been met, the Owner’s Authorized Representative will, within 10 Business ten (10) Days after receipt of the written report of Owner’s accountants, either issue to Owner an approval of Contractor’s final application for payment with a copy to Contractor, the Contractor or notify the Contractor and Owner in writing of the Owner’s Authorized Representative’s reasons for withholding approval of any part of the application for payment, which disapproval shall include Owner’s Authorized Representative’s estimate of the amount that is due the Contractor under the application for payment.

Appears in 1 contract

Samples: Construction Manager/General Contractor Agreement

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