Common use of Final Payment Statement Clause in Contracts

Final Payment Statement. 17.10.1 Within 60 (sixty) days ofreceiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority Engineer six copies of a final payment statement (the “Final Payment Statement”), with supporting documents, in the form prescribed by the Authority Engineer: (a) the summary of Contractor’s Stage Payment Statements for Works as submitted in accordance with Clause 17.4; (b) the amounts received from the Authority against each claim; and (c) any further sums which the Contractor considers due to it from the Authority. If the Authority Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Authority Engineer may reasonably require.The Authority Engineer shall deliver to the Authority: (i) an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 24; or (ii) a Final Payment Certificate in accordance with Clause 17.15, if there are no disputed items.

Final Payment Statement. 17.10.1 Within 60 (sixty) days ofreceiving of receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority Engineer six copies of a final payment statement (the “Final Payment Statement”), with supporting documents, in the form prescribed by the Authority Engineer: (a) the summary of Contractor’s Stage Payment Statements for Works as submitted in accordance with Clause 17.4; (b) the amounts received from the Authority against each claim; and (c) any further sums which the Contractor considers due to it from the Authority. If the Authority Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Authority Engineer may reasonably require.. The Authority Engineer shall deliver to the Authority: (i) an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the withthe provisions of Article 24; or (ii) a Final Payment Certificate in accordance with Clause 17.15, if there are no disputed items. 17.10.2 If the Authority Engineer does not prescribe the form referred to in Clause 17.10.1 within 7 (Seven) days of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.

Final Payment Statement. 17.10.1 Within 60 (sixty) days ofreceiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority Engineer six copies of a final payment statement (the “Final Payment Statement”), with supporting documents, in the form prescribed by the Authority Engineer: (a) the summary of Contractor’s Stage Payment Statements for Works as submitted in accordance with Clause 17.4; (b) the amounts received from the Authority against each claim; and (c) any further sums which the Contractor considers due to it from the Authority. If the Authority Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Authority Engineer may reasonably require.The Authority Engineer shall deliver to the Authority: (i) : an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 24; or (ii) or a Final Payment Certificate in accordance with Clause 17.15, if there are no disputed items.

Final Payment Statement. 17.10.1 19.13.1 Within 60 (sixty) days ofreceiving after receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority Authority‟s Engineer for consideration six copies of a final payment statement Final Payment Statement (the “Final Payment Statement”), with supporting documents, in the form prescribed by the Authority Engineer:Payment (a) the summary of Contractor’s Contractor‟s Stage Payment Statements claims for Works as submitted in accordance with Clause 17.419.4; (b) the amounts received from the Authority against each claim; and (c) any further sums which the Contractor considers due to it from the Authority. If the Authority Authority‟s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Authority Authority‟s Engineer may reasonably require.. The Authority Authority‟s Engineer shall deliver to the Authority: (i) an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 2426; or (ii) a Final Payment Certificate in accordance with Clause 17.15, 19.15 if there are no disputed items.