We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Forecast Rate of Payment Clause in Contracts

Forecast Rate of Payment. The forecast rate of payment schedule linking the values of completed activities as per the Accepted Program indicates (at base date values) the following: (i) The expected value of monthly invoicing from the starting date to the completion date including a statement of all payments made by the Employer.

Appears in 3 contracts

Samples: Nec3 Engineering & Construction Contract, Nec3 Engineering & Construction Contract, Nec3 Engineering & Construction Contract

Forecast Rate of Payment. The forecast rate of payment schedule linking the values of completed activities as per the Accepted Program indicates (at base date values) the following: (i) The expected value of monthly invoicing from the starting date to the completion date including a statement of all payments made by the Employer.

Appears in 1 contract

Samples: Nec3 Engineering & Construction Contract