Payments to Sub-Contractors. Develop and implement a procedure for review, processing, and payment of applications by Sub-Contractors for progress and final payments.
Payments to Sub-Contractors. The Construction Manager shall within 10 days after receipt of payment from the Owner, pay all the amount due Sub-Contractors less the retainage of ten percent (10%) described in paragraph 11.2 of this Agreement until the project is substantially complete, and based on Construction Managers evaluation of the Sub-Contractors acceptable performance, the Owner may approve a reduction in retainage from 10% to 5% thereafter. If there should remain items to be completed, the Construction Manager and Architect-Engineer shall list those items required for completion and the Construction Manager shall require the retainage of a sum equal to 150% of the estimated cost of completing any unfinished items, provided that said unfinished items are listed separately and the estimated cost of completing any unfinished items likewise listed separately. Thereafter, the Construction Manager shall pay to the Sub-Contractors, monthly, the amount retained for each incomplete item after each of said items is completed. Before issuance of final payment without any retainage, the Sub-Contractor shall submit satisfactory evidence that all payrolls, material bills and other indebtedness connected with the Project have been paid or otherwise satisfied, warranty information is complete, as-built markups have been submitted and instruction for the Owners operating and maintenance personnel is complete. Final payment may be made to certain select Sub-Contractors whose work is satisfactorily completed prior to the total completion of the Project but only upon approval of the Owner.
Payments to Sub-Contractors. PPP Co. will comply with its obligations under Chapter 2 of Part 18 of the Taxes Act and any regulations thereunder and will procure that all other Sub-Contractors to whom payments are made in relation to activities contemplated by this Project Agreement will also so comply.
Payments to Sub-Contractors. The Contractor shall manage timely payments to the sub-contractors in a manner not to prejudice the adherence to the Programme and achievement of Time for Completion. If the Engineer at anytime has reasonable grounds to believe that any delay in meeting the Programme, Milestones and/or the Time for Completion is as a result of delayed or underpayments to the Sub-contractors, then the Engineer may require the Contractor, and the Contractor shall comply with, to provide evidence to the Engineer, to the Engineer's satisfaction, that the payments made by the Purchaser have been utilised for the expenditure on the Works and that the payments to the Sub-contractors have been done in a manner so as not to prejudice the adherence to the Programme and achievement of Time for Completion. If the Engineer is not satisfied with such evidence, the Engineer, may in its sole discretion, direct the Contractor to undertake suitable remedial measures including payments to Sub-contractors, as the Engineer deems fit. No such direction by the Engineer and the compliance thereof by the Contractor shall relieve the Contractor of any of its obligations under the Contract.
Payments to Sub-Contractors. C9.1 Where the Provider enters into a Sub-contract for the purpose of performing its obligations under the Contract, it shall ensure that a provision is included in such a Sub-contract which requires payment to be made of all sums due by the Provider to the Sub-contractor within a specified period not exceeding 30 Business Days from the receipt of a valid claim.
Payments to Sub-Contractors. Where the Supplier enters into a Sub-Contract it shall ensure that a provision is included in such Sub-Contract which requires payment to be made of all sums due by the Supplier to the Sub-Contractor within a period not exceeding thirty (30) calendar days from the receipt by the Supplier of a validly issued invoice from the Sub-Contractor.
Payments to Sub-Contractors. Contractor represents and agrees that for the duration of the Initial Term and each Renewal Term it shall make timely payments for Services properly performed to any sub contractor hereunder and Contractor shall indemnify and hold harmless SRTA and the State for any liability for payment claimed by a subcontractor. Failure to Comply. Any assignments or subcontracts made in violation of Sections 7.1 (Assignment) and/or 7.2 (Subcontracting) shall be null and void.
