PAYMENTS TO CONTRACTOR AND COMPLETION. 14.01 Schedule of Values The Schedule of Values for lump sum contracts established as provided in Paragraph 2.07 will serve as the basis for progress payments and will be incorporated into a form of Application for Payment acceptable to City. Progress payments on account of Unit Price Work will be based on the number of units completed.
PAYMENTS TO CONTRACTOR AND COMPLETION. Schedules:
PAYMENTS TO CONTRACTOR AND COMPLETION. Schedule of Values:
PAYMENTS TO CONTRACTOR AND COMPLETION. Applications for Payment will be processed by TOWN as provided in the General Conditions.
PAYMENTS TO CONTRACTOR AND COMPLETION. PAYMENTS SHALL BE MADE IN ACCORDANCE WITH APPROVED PAY APPLICATION(S). CONTRACTOR shall provide pricing and details of said work as requested by PROJECT MANAGER. AUGUSTA shall compensate the CONTRACTOR for services, which have been authorized by AUGUSTA under the terms of this Agreement. DRAFT The CONTRACTOR may submit to AUGUSTA an application for payment, in a form acceptable to AUGUSTA and accompanied by all support documentation requested by AUGUSTA, for payment for the services, which were completed during the billing period. AUGUSTA shall review for approval said invoices. AUGUSTA shall have the right to reject payment of any invoice or part thereof if not properly supported, or if the costs requested or a part thereof, as determined solely by AUGUSTA, are unreasonably in excess of the actual work completed. AUGUSTA shall pay each such invoice or portion thereof as approved, provided that the approval or payment of any such invoice shall not considered to be evidence of performance by the CONTRACTOR to the point indicted by such invoice, or of receipt of acceptance by AUGUSTA of the service covered by such invoice. AUGUSTA shall pay any undisputed items contained in such invoices. Partial payments will be considered, but shall be decided on a case by case basis depending on the scope, duration, and total amount of specific project. Each invoice shall be accompanied by a letter progress report describing the total work accomplished for each phase and any problems, which have been encountered, which may inhibit execution of the work. The CONTRACTOR shall also submit an accurate updated schedule, and an itemized description of the percentage of total work completed for each phase during the billing period. When AUGUSTA authorizes the CONTRACTOR to proceed with the work authorized in a Task Order, it agrees to pay the CONTRACTOR for work completed, on the basis of Task Order Bid Schedule.
PAYMENTS TO CONTRACTOR AND COMPLETION. SC-15.01 Progress Payments SC-15.01.B Amend Paragraph 15.01.B.3 as follows: Add the following language to the end of the Paragraph: “No payments will be made that would deplete the retainage, place in escrow any funds that are required for retainage, or invest the retainage for the benefit of the CONTRACTOR.” SC-15.01.D Amend Paragraph 15.01.D.1 as follows: Replace “Ten days” with “Thirty days” in the first sentence in the paragraph.
PAYMENTS TO CONTRACTOR AND COMPLETION. 6.3.1 Prior to Substantial Completion, progress payments will be made in an amount equal to the percentage indicated above, but, in each case, less the aggregate of payments previously made and less such amounts as CITY’S REPRESENTATIVE shall determine, or CITY may withhold, in accordance with the General Conditions.
PAYMENTS TO CONTRACTOR AND COMPLETION. 13.1 Schedule of Values The Schedule of Values established as provided in paragraph 2.4.A.3 will serve as the basis for progress payments. Progress payments on account of Unit Price Work will be based on the number of units completed.
PAYMENTS TO CONTRACTOR AND COMPLETION. SC-14.02.A.1 Add the following as the last sentence of subparagraph 14.02.A.1: Payment for materials and equipment not incorporated in the Work, but delivered and suitably stored, shall be based only upon the actual cost of such materials to Contractor, and shall not include any overhead or profit to Contractor.
PAYMENTS TO CONTRACTOR AND COMPLETION
