Payment Applications. Once approved, the Schedule of Values shall be incorporated in the GMP Change Order and in all subsequent Payment Applications, with the Schedule of Values being amended from time-to-time, when approved by the ADR, to reflect Change Orders and re-allocations of the Design-Builder Contingency Account as provided in this Article V. The Schedule of Values shall be the basis for subsequent Payment Applications and their evaluation on a line-item basis.
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Payment Applications. Once approved, the Schedule of Values shall be incorporated in the GMP Change Order and in all subsequent Payment Applications, with the Schedule of Values being amended from time-to-time, when approved by the ADR, to reflect Change Orders and re-allocations of the Design-Builder Contingency Account as provided in this Article V. The Schedule of Values shall be the basis for subsequent Payment Applications and their evaluation on a line-item basis.
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Samples: Construction Contract
Payment Applications. Once approved, the Schedule of Values shall be incorporated in the GMP Change Order and in all subsequent Payment Applications, with the Schedule of Values being amended from time-to-time, when approved by the ADR, to reflect Change Orders and re-allocations of the Design-Builder CM Contingency Account as provided in this Article V. The Schedule of Values shall be the basis for subsequent Payment Applications and their evaluation on a line-item basis.
Appears in 1 contract
