Payment to Subcontractors. 8.3.1 No later than ten Days after receipt of payment from TxDOT, Maintenance Contractor shall promptly pay each Subcontractor, out of the amount paid to Maintenance Contractor on account of such Subcontractor’s portion of the Maintenance Services, the amount to which such Subcontractor is entitled, less any retainage provided for in the Subcontract, and any other offsets and deductions provided in the Subcontract or by Law. No later than ten days after satisfactory completion of all Maintenance Services to be performed by a Subcontractor, including provision of appropriate releases, certificates and other evidence of the Subcontractor’s compliance with its Subcontract and all applicable requirements of the COMA Documents, Maintenance Contractor shall pay to the Subcontractor moneys withheld in retention from the Subcontractor. Such payment shall be made promptly following satisfaction of the foregoing requirements, even if the Maintenance Services to be performed by Maintenance Contractor or other Subcontractors is not completed.
Appears in 6 contracts
Samples: Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement
Payment to Subcontractors. 8.3.1 No later than ten Days after receipt of payment from TxDOT, Maintenance Contractor shall promptly pay each Subcontractor, out of the amount paid to Maintenance Contractor on account of such Subcontractor’s portion of the Maintenance Services, the amount to which such Subcontractor is entitled, less any retainage provided for in the Subcontract, and any other offsets and deductions provided in the Subcontract or by Law. No later than ten days after satisfactory completion of all Maintenance Services to be performed by a Subcontractor, including provision of appropriate releases, certificates and other evidence of the Subcontractor’s compliance with its Subcontract and all applicable requirements of the COMA CMA Documents, Maintenance Contractor shall pay to the Subcontractor moneys withheld in retention from the Subcontractor. Such payment shall be made promptly following satisfaction of the foregoing requirements, even if the Maintenance Services to be performed by Maintenance Contractor or other Subcontractors is not completed.
Appears in 4 contracts
Samples: Disputes Board Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement
Payment to Subcontractors. 8.3.1 No later than ten Days after receipt of payment from TxDOT, Maintenance Contractor contractor shall promptly pay each Subcontractor, out of the amount paid to Maintenance Contractor on account of such Subcontractor’s portion of the Maintenance Services, the amount to which such Subcontractor is entitled, less any retainage provided for in the Subcontract, and any other offsets and deductions provided in the Subcontract or by Law. No later than ten days after satisfactory completion of all Maintenance Services to be performed by a Subcontractor, including provision of appropriate releases, certificates and other evidence of the Subcontractor’s compliance with its Subcontract and all applicable requirements of the COMA CMA Documents, Maintenance Contractor shall pay to the Subcontractor moneys withheld in retention from the Subcontractor. Such payment shall be made promptly following satisfaction of the foregoing requirements, even if the Maintenance Services to be performed by Maintenance Contractor or other Subcontractors is not completed.
Appears in 1 contract
Samples: Capital Maintenance Agreement