Common use of Final Payment Statement Clause in Contracts

Final Payment Statement. (i) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Contractor shall submit to the Authority’s Engineer for consideration 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause19.4; (b) the amounts received from the Authority against each claim;and (c) any further sums which the Contractor considers due to it from theAuthority. If the Authority’s Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation as the Authority’s Engineer may reasonably require. The Authority’s Engineer shall deliver to theAuthority: 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 26;or ii. a Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditems. (ii) If the Authority’s Engineer does not prescribe the form referred to in Clause 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfit.

Final Payment Statement. ‌ (i) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Within 60 (sixty) days after receiving the Completion Certificate under Clause 12.2, the Contractor shall submit to the Authority’s Engineer for consideration 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause19.4Clause 19.4; (b) the amounts received from the Authority against each claim;andclaim; and (c) any further sums which the Contractor considers due to it from theAuthoritythe Authority. If the Authority’s Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation Final Payment Statement, the Contractor shall submit such further information as the Authority’s Engineer may reasonably require. The Authority’s Engineer shall deliver to theAuthoritythe 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 26;or26; or ii. a Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditemsdisputed items. (ii) If the Authority’s Engineer does not prescribe the form referred to in Clause 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfitdeems fit.

Final Payment Statement. 19.13.1 Within 60 (isixty) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the days after receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority’s Employer‟s Engineer for consideration 6 (six) six copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s Employer‟s Engineer: (a) the summary of Contractor’s Contractor‟s Stage Payment claims for Works as submitted in accordance with Clause19.4Clause 19.4; (b) the amounts received from the Authority Employer against each claim;andclaim; and (c) any further sums which the Contractor considers due to it from theAuthoritythe Employer. If the Authority’s Employer‟s Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation Final Payment Statement, the Contractor shall submit such further information as the Authority’s Employer‟s Engineer may reasonably require. The Authority’s Employer‟s Engineer shall deliver to theAuthoritythe Employer: i. (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 26;or26; or (ii. ) a Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditemsdisputed items. (ii) 19.13.2 If the Authority’s Employer‟s Engineer does not prescribe the form referred to in Clause 19.13 (i) 19.13.1 within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfitdeems fit.

Final Payment Statement. (i) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Within 60 (sixty) days after receiving the Completion Certificate under Clause 12.2, the Contractor shall submit to the Authority’s Engineer for consideration 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s EngineerAuthority’sEngineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance Accordance with Clause19.4Clause 19.4; (b) the amounts received from the Authority against each claim;andclaim; and (c) any further sums which the Contractor Contract or considers due to it from theAuthoritythe Authority. If the Authority’s Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation as Final Payment Statement, the Contractor shall submit such further informationas the Authority’s Engineer may reasonably require. The Authority’s Engineer shall deliver to theAuthoritythe Authority: i. an IPC for those parts of the Final Payment Statement which are not in disputeindispute, along with a list of disputed items which shall then be settled in accordance inaccordance with the provisions of Article 26;or26; or ii. a Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditemsdisputed items. (ii) If the Authority’s Engineer does not prescribe the form referred to in Clause 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfitdeems fit.

Final Payment Statement. 19.13.1 Within 60 (isixty) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the days after receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Authority’s AUTHORITY’S/GMDAs Engineer for consideration 6 (six) six copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s AUTHORITY’S/GMDAs Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause19.4Clause 19.4; (b) the amounts received from the Authority Authority/GMDA against each claim;andclaim; and (c) any Any further sums which the Contractor considers due to it from theAuthoritythe Authority. If the Authority’s AUTHORITY’S/GMDAs Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation Final Payment Statement, the Contractor shall submit such further information as the Authority’s AUTHORITY’S/GMDAs Engineer may reasonably require. The Authority’s AUTHORITY’S/GMDAs Engineer shall deliver to theAuthoritythe Authority: i. (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 26;or26; or (ii. ) a Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditemsdisputed items. (ii) 19.13.2 If the Authority’s AUTHORITY’S/GMDAs Engineer does not prescribe the form referred to in Clause 19.13 (i) 19.13.1 within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfitdeems fit.

Final Payment Statement. (i) Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Contractor shall submit to the Authority’s Engineer for consideration 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Authority’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause19.4; (b) the amounts received from the Authority against each claim;and (c) any Any further sums which the Contractor considers due to it from theAuthority. If the Authority’s Engineer disagrees with or cannot verify any part of the FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation as the Authority’s Engineer may reasonably require. The Authority’s Engineer shall deliver to theAuthority: 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 26;or ii. a A Final Payment Certificate in accordance with Clause 19.15 if there are no disputeditems. (ii) If the Authority’s Engineer does not prescribe the form referred to in Clause 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deemsfit.