Procedure for estimating the payment for the Works. (i) The Authority shall make interim payments to the Contractor as certified by the Authority’s Engineer on completion of a stage, in a length, number or area as specified and valued in accordance with the proportion of the Contract Price assigned to each item and its stage in Schedule-H. (ii) The Contractor shall base its claim for interim payment for the stages completed till the end of the month for which the payment is claimed, valued in accordance with Clause
Appears in 3 contracts
Samples: Engineering Procurement and Construction Agreement, Engineering Procurement and Construction Agreement, Engineering Procurement and Construction Agreement
Procedure for estimating the payment for the Works. (i) 19.3.1 The Authority shall make interim payments to the Contractor as certified by the Authority’s Authority‟s Engineer on completion of a stage, in a length, number or area as specified specified, and valued in accordance with the proportion of the Contract Price assigned to each item and its stage in Schedule-H.
(ii) The Contractor shall base its claim for interim payment for the stages completed till the end of the month for which the payment is claimed, valued in accordance with Clause
Appears in 1 contract
Samples: Epc Agreement