Payment Estimate - Submittal and Disposition Sample Clauses

Payment Estimate - Submittal and Disposition. The Contractor shall be required to submit a completed Certification of Previous Payment to Subcontractors form with each request for partial payment estimate. Failure to submit this required certification will result in the request for partial payment being rejected and returned to the Contractor. By the twenty-fifth of the month, the Contractor will submit to the Engineer with a copy to the County Contact Person a partial payment estimate filled out, signed and notarized by the Contractor covering the Work performed during the month covered by the partial payment estimate and supported by such data as the Owner, Engineer or the County Contact Person, may reasonably require. If payment is requested on the basis of materials and equipment not incorporated in the Work but delivered and suitably stored at or near the site, the partial payment estimate shall also be accompanied by such supporting data, satisfactory to the Owner and the Engineer, as will establish the Owner’s title to the material and equipment and protect his interest therein, including applicable insurance. The Engineer will within twenty (20) days (excluding Saturdays, Sundays and holidays) after receipt of each partial payment estimate do one of the following: 1) indicate in writing his approval of payment and present the partial payment estimate together with a certificate for payment to the Owner; 2) submit to the Owner a Certificate for Payment for partial payment recommending payment by the Owner of such other amounts as the Engineer shall consider is due the Contractor, informing the Contractor, the Owner and the Engineer of the reason for his recommendation; or 3) return the partial payment estimate to the Contractor indicating in writing his reasons for refusing to approve payment. In the latter two instances, the Contractor may make the necessary corrections and resubmit the partial payment estimate. The Owner will within fifteen (15) days of approval by the Engineer of a certificate of payment, pay the Contractor a progress payment on the basis of the approved partial payment estimate.
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