Payment for Construction. The total construction cost for the New Improvements that are the subject of this Agreement shall be paid directly by District, and City shall assume no responsibility or obligation to any contractor or subcontractor for such costs.
Payment for Construction. Licensee shall pay in full for all labor and materials supplied or furnished in connection with the construction, installation maintenance, repair and 7 removal of the Center and in connection with repairs to the License Area required to be made by Licensee hereunder, and shall, upon request, promptly furnish to Licensor such evidence of the payment thereof as Licensor shall reasonably request. Licensee shall procure performance and labor and material payment bonds, naming Licensor as co-obligee, in an amount, form and substance and with a company satisfactory to Licensor in its reasonable discretion, to insure performance and completion of all construction done by Licensee at the Club.
Payment for Construction. Phase Services shall be as set forth in Article 10.
Payment for Construction. Phase Services shall be as set forth in Article 10. If Design Phase Services continue to be provided after construction has commenced, the Contractor shall also continue to be compensated as provided in Article 7, or as mutually agreed.
Payment for Construction. The COUNTY and the ROAD DISTRICT agree that the engineering cost estimate is three hundred ninety-three thousand and 00/100 ($393,000.00). The COUNTY shall pay the actual costs for the construction, but not to exceed three hundred ninety- three thousand and 00/100 ($393,000.00). The ROAD DISTRICT agrees to pay any costs in excess of the amount stated above. The COUNTY and the ROAD DISTRICT agree that all invoices for construction shall be paid as follows:
a. The ROAD DISTRICT shall pay invoices received from the lowest responsible bidder qualified to perform the construction pursuant to the agreement between them;
b. On a monthly basis, the ROAD DISTRICT will invoice the COUNTY for the construction work completed by the bidder for the Xxxxxxx Road Bridge and shall provide a weekly update regarding the progress. Payment shall be due from COUNTY to ROAD DISTRICT fourteen (14) calendar days from the invoice date; and,
c. Any change to the engineering cost estimate for the Xxxxxxx Road Bridge exceeding ten percent (10%) of any line item must be approved by the COUNTY prior to performing the revised construction work Said approval by the COUNTY shall not change the maximum amount to be paid by the COUNTY pursuant to this section.
Payment for Construction. Pay ment for construction will be made in accordance with the construction con tract in amounts approved on Form FmHA 424-18, “ Partial Payment Esti mate.” Advances for contract retainage will not be made until such retainage is due and payable under the terms of con tract. Form AD-629, “ Outlay Report and Request for Reimbursement for Con struction Programs,” will be used to ac count for funds expended in the last 30- day period. Each payment estimate must be approved by the governing body of the borrower. The review and acceptance of partial payment-estimates by FmHA does not attest to the correctness of the quan tities shown or that the work has been performed in accordance with 4he plans and specifications. A final Form AD-627 will be submitted to FmHA to include the final advance and all other advances not later than 90 days after the final ad xxxxx has been made.
