Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously.
42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance).
42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor.
42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed..
42.5 The value of work executed shall include the valuation of Variations and Compensation Events.
42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.
Payment Certificates. The Contractor to ensure that the VAT invoice required with each certificate is delivered timeously. The date of the certificate will be that of the date when the certificate is received by the consultant. The Contractor to ensure timeous submission of all required documentation for the expedient processing of payment certificates, as required by the client, eg BAS entity forms, company registration details, VAT clearance certificates, etc. The Contractor is responsible for such documentation submission.
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's monthly statement and certify the amount to be paid to the Contractor.
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim.
(j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously alongwith details of measurement of the quantity of works executed in a tabulated form as approved by the Engineer.
42.2 The Engineer shall check the details given in the Contractor's monthly statement and within 14 days certify the amounts to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance).
42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor.
42.4 The value of work executed shall comprise the value of the quantities of the items in the Xxxx of Quantities completed..
42.5 The value of work executed shall include the valuation of Variations and Compensation Events.
42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.
Payment Certificates. 45.1 The Contractor shall submit to the Project Manager monthly statements of the estimated value of the work executed less the cumulative amount certified previously.
45.2 The Project Manager shall check the Contractor‟s monthly statement and certify the amount to be paid to the Contractor within twenty eight (28) days from the receipt of certificate.
45.3 The Project Manager shall determine the value of work executed.
45.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
45.5 The value of work executed shall include the valuation of Variations,
Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously.
42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the
42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor.
42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
42.5 The value of work executed shall include the valuation of Variations and Compensation Events.
42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.
Payment Certificates. Each payment pursuant to subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Credit Party demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by any Credit Party to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time.
Payment Certificates. Each payment pursuant to subsections (a) or (b) above shall be made within 10 days after demand therefor, which demand shall be accompanied by a certificate of the Credit Party demanding such payment setting forth the calculations of the additional amounts payable pursuant thereto. Each such certificate shall be conclusive absent manifest error. No failure by any Credit Party to demand, and no delay in demanding, compensation for any increased cost shall constitute a waiver of its right to demand such compensation at any time, provided that such Credit Party shall notify the Borrower of any such increased cost within 90 days after the officer of such Lender having primary responsibility for this Agreement has obtained knowledge of such increased cost.
Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously alongwith details of measurement of the quantity of works executed in a tabulated form as approved by the Engineer.
42.2 The Engineer shall check the Contractor‟s monthly statement and within 14 days certify the amount to be paid to the Contractor.
42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor.
42.4 The value of work executed shall comprise the value of the quantities of the items in the Xxxx of Quantities completed.
42.5 The value of work executed shall include the valuation of Variations and Compensation Events.
42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.
Payment Certificates. Measurements for interim and final certificates must be agreed with the Employer’s Agent prior to the issuing of a Tax Invoice by the Contractor. The Contractor is to provide all invoices, vouchers and receipts in respect of payments made by him in connection with provisional or prime cost items when he requires payment for such. The Contractor is to provide all invoices or receipts in respect of materials purchased and delivered to the site when he requires payment for such. Invoices or receipts are to clearly identify the material, the unit rate thereof, and the quantity/number purchased. It is a specific requirement of this Contract that the Contractor shall collect and record all relevant information for the completion of end-of-month documentation to be submitted with each payment claim. The Payment Certificate (prepared by the Employer’s Agent) will not be accepted by the Employer unless accompanied by the following: • Local Labour Schedule (in EPWP format; ie giving employee names, IDs, gender, age group and disability status if applicable) • Contract Participation Goal expenditure to date vs target (details of labour wages and salaries paid and payments to Targeted Enterprises vs value of work certified to date) • Monthly Progress Report (from Site Meeting).
