Monthly Progress Payments. (1) Monthly progress payments will be made by the 10th business day following payment received by [Insert DB Contractor Name] for the items of work performed by the subcontractor. Payment to each DBE subcontractor will be recorded in the Department’s Compliance Monitoring and Tracking System. All DBE subcontractors are required to pay their subcontractors within 10 business days following payment received by the DB Contractor.
Monthly Progress Payments. The compensation amount under this section shall be paid by City, monthly, based upon a percentage of completion of the work as invoiced by Contractor and approved by City. The compensation sought under this Agreement is subject to the express terms of this Agreement and any applicable federal and/or state laws.
Monthly Progress Payments. 6.2.1 On or before the date established in the Agreement, Design-Builder shall submit for Owner’s review and approval its Application for Payment requesting payment for all Work performed as of the date of the Application for Payment. The Application for Payment shall be accompanied by all supporting documentation required by the Contract Documents and/or established at the meeting required by Section 2.1.4 hereof.
Monthly Progress Payments. The Authority will, provided that the Contractor shall proceed properly to perform and complete the Work required under this Contract, make monthly progress payments to the Contractor, in accordance with an approved determination of the amount already earned. Contractor shall submit completed AIA G-702 and 703 forms to the Authority for payment for previous months completed work.
Monthly Progress Payments. Progress payments may be claimed on a monthly basis for all costs authorized in 1 above. The monthly billing shall be supported by detailed statements for hours expended at the rates established in Schedule 1, including names and classifications of all employees, and billing for all direct non-salary expenses. To provide a means of verifying the billed salary costs for the Consultant’s employees, the Port may conduct employee interviews. These interviews may consist of recording the names, titles, salary rates, and present duties of those employees performing the Work on the Project at the time of the interview. The Consultant shall direct its employees to cooperate and provide this information when requested by the Port.
Monthly Progress Payments. The CONSULTANT may submit xxxxxxxx to the AGENCY for reimbursement of costs on a monthly basis. To provide a means of verifying the billed salary costs for the CONSULTANT’s employees, the AGENCY may conduct employee interviews. These interviews may consist of recording the names, titles, salary rates, and present duties of those employees performing work on the SERVICES at the time of the interview.
Monthly Progress Payments. 6.2.1 On the tenth (10th) day of each month, Design-Builder shall submit for Department’s review and approval its Application for Payment requesting payment for all Work performed as of the first day of such month and coinciding with the progress reflected in the monthly Baseline Schedule update. The Application for Payment shall be accompanied by all supporting documentation required by the Contract Documents and/or established at the meeting required by Section 2.1.2 hereof. Payment shall be made in accordance with the following earned value calculation:
Monthly Progress Payments. City shall make progress payments, at minimum, monthly, as the Work proceeds or at more frequent intervals as determined by City, upon receipt of mathematically correct certified pay applications submitted by JOC and approved by City and, if requested by City, approved by Design Consultant, if any. For submission of its mathematically correct pay application, JOC shall use a format deemed acceptable to City and said monthly pay application shall include supporting documents reflecting a breakdown showing how JOC’s Work done to the date of the submitted pay application compares to the total project scope, broken out by category of Work. A submitted pay application shall contain as much detail as City so requests, so City may determine the progress payment due and owing to JOC. In addition to payment to JOC for Work completed, City, at City’s option, may authorize payment to JOC for material(s) delivered to the site and any preparatory Work performed by JOC, if JOC furnishes satisfactory evidence that it has acquired title to the material, the material shall be used to perform the Work ordered and any preparatory Work performed was in furtherance of the Work ordered. Releases of liens from JOC and each of JOC’s Subcontractors and suppliers utilized to perform the Work are required as back up for the pay application certificate.
Monthly Progress Payments. Partial payments may be made upon request of the CONSULTANT to cover the percentage of work completed and are not to be more frequent that one (1) per month.
Monthly Progress Payments. The CONSULTANT may submit invoices to the AGENCY for reimbursement of actual costs plus the calculated overhead and fee not more often than once per month during the progress of the work. Such invoices shall be in a format approved by the AGENCY and accompanied by the monthly progress reports required under Section III, General Requirements, of the AGREEMENT. The invoices will be supported by itemized listing and support document for each item including direct salary, direct nonsalary, and allowable overhead costs to which will be added the prorated Fixed Fee.
