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,
Appears in 5 contracts
Samples: Contract Agreement, Construction Contract, Contract for Rehabilitation Works
