Common use of For General Conditions Costs Clause in Contracts

For General Conditions Costs. Contractor’s Application for Payment shall be submitted on a Schedule of Values approved by the Owner and include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit and payment for these costs is dependent on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the Schedule of Values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

Appears in 40 contracts

Samples: assets.system.tamus.edu, assets.system.tamus.edu, assets.system.tamus.edu

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For General Conditions Costs. Contractor’s Application for Payment shall be submitted on a Schedule of Values approved by the Owner and include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit audit, and payment for these costs is dependent on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the Schedule of Values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

Appears in 15 contracts

Samples: assets.system.tamus.edu, assets.system.tamus.edu, assets.system.tamus.edu

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For General Conditions Costs. Contractor’s Application for Payment shall be submitted on a Schedule of Values approved by the Owner City and include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner City or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit audit, and payment for these costs is dependent on OwnerCity’s receipt of accurate and complete records of all transactions. Owner City may reduce the amount requested for General Conditions Costs in any Application for Payment if OwnerCity, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the Schedule of Values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

Appears in 1 contract

Samples: Agreement for Design Build Services

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