Common use of Payment to Subcontractors Clause in Contracts

Payment to Subcontractors. 12.5.1 DB Contractor shall pay each Subcontractor for Work performed within ten days after receiving payment from TxDOT for the Work performed by the Subcontractor, and shall pay any retainage on a Subcontractor's Work within ten days after satisfactory completion of all of the Subcontractor's Work. Completed Subcontractor Work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the Subcontractor. 12.5.2 For the purpose of this Section 12.5, satisfactory completion shall have been accomplished when: (a) the Subcontractor has fulfilled the Subcontract requirements and the requirements under the Contract Documents for the subcontracted Work, including the submission of all submittals required by the Subcontract and Contract Documents; and (b) the Work done by the Subcontractor has been inspected and approved by DB Contractor and the final quantities of the Subcontractor’s Work have been determined and agreed upon. 12.5.3 The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all Subcontracts.

Appears in 5 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

AutoNDA by SimpleDocs

Payment to Subcontractors. 12.5.1 DB Contractor Developer shall pay each Subcontractor for Work performed within ten days after receiving payment from TxDOT for the Work performed by the Subcontractor, and shall pay any retainage on a Subcontractor's Work within ten days after satisfactory completion of all of the Subcontractor's Work. Completed Subcontractor Work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the Subcontractor. 12.5.2 For the purpose of this Section 12.5, satisfactory completion shall have been accomplished when: (a) the Subcontractor has fulfilled the Subcontract requirements and the requirements under the Contract CDA Documents for the subcontracted Work, including the submission of all submittals required by the Subcontract and Contract CDA Documents; and (b) the Work done by the Subcontractor has been inspected and approved by DB Contractor Developer and the final quantities of the Subcontractor’s Work have been determined and agreed upon. 12.5.3 The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all Subcontracts.

Appears in 3 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

Payment to Subcontractors. 12.5.1 DB Contractor shall pay each Subcontractor for Work performed within ten days after receiving payment from TxDOT for the Work performed by the Subcontractor, and shall pay any retainage on a Subcontractor's Work within ten days after satisfactory completion of all of the Subcontractor's Work. Completed Subcontractor Work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the Subcontractor. 12.5.2 For the purpose of this Section 12.5, satisfactory completion shall have been accomplished when: (a) the Subcontractor has fulfilled the Subcontract requirements and the requirements under the Contract DBA Documents for the subcontracted Work, including the submission of all submittals required by the Subcontract and Contract DBA Documents; and (b) the Work done by the Subcontractor has been inspected and approved by DB Contractor and the final quantities of the Subcontractor’s Work have been determined and agreed upon. 12.5.3 The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all Subcontracts.

Appears in 1 contract

Samples: Design Build Agreement

Payment to Subcontractors. 12.5.1 DB Contractor Developer shall pay each Subcontractor for Work performed within ten days after receiving payment from TxDOT for the Work performed by the Subcontractor, and shall pay any retainage on a Subcontractor's Work within ten days after satisfactory completion of all of the Subcontractor's Work. Completed Subcontractor Work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the Subcontractor. 12.5.2 For the purpose of this Section 12.5, satisfactory completion shall have been accomplished when: (a) the Subcontractor has fulfilled the Subcontract requirements and the requirements under the Contract Documents for the subcontracted Work, including the submission of all submittals required by the Subcontract and Contract Documents; and (b) the Work done by the Subcontractor has been inspected and approved by DB Contractor Developer and the final quantities of the Subcontractor’s Work have been determined and agreed upon. 12.5.3 The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all Subcontracts.

Appears in 1 contract

Samples: Development Agreement

AutoNDA by SimpleDocs

Payment to Subcontractors. 12.5.1 DB Contractor shall pay each Subcontractor for Work performed within ten days after receiving payment from TxDOT for the Work performed by the Subcontractor, and shall pay any retainage on a Subcontractor's ’s Work within ten days after satisfactory completion of all of the Subcontractor's ’s Work. Completed Subcontractor Work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the Subcontractor. 12.5.2 For the purpose of this Section 12.5, satisfactory completion shall have been accomplished when: (a) the Subcontractor has fulfilled the Subcontract requirements and the requirements under the Contract Documents for the subcontracted Work, including the submission of all submittals required by the Subcontract and Contract Documents; and (b) the Work done by the Subcontractor has been inspected and approved by DB Contractor and the final quantities of the Subcontractor’s Work have been determined and agreed upon. 12.5.3 The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all Subcontracts.

Appears in 1 contract

Samples: Design Build Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!