Common use of Procedure for estimating the payment for the Works Clause in Contracts

Procedure for estimating the payment for the Works. 17.3.1 The Authority shall make interim payments to the Contractor, as certified by the Authority Engineer on completion of a Stage, for 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 and payment procedure in Schedule-G. 17.3.2 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 17.3.1, supported with necessary particulars and documents in accordance with this Agreement. 17.3.3 Any reduction in the Contract Price arising out of Change of Scope or the Works withdrawn under Clause 8.3, as the case may be, shall not affect the amounts payable for the items or stage payments thereof which are not affected by such Change of Scope or withdrawal. For the avoidance of doubt and by way of illustration, the Parties agree that if the amount assigned to Important Bridges and / or Major Bridges is reduced from Rs. 100 crore to Rs. 80 crore owing to Change of Scope or withdrawal of Works, as the case may be, the reduction in payment shall be restricted to the relevant payments for Important Bridges and / or Major Bridges and the payment due in respect of all other stage payments under the item Important Bridges and / or Major Bridges shall not be affected in any manner. The Parties further agree that the adjustments arising out of the aforesaid modifications shall be carried out in a manner that the impact of such modifications is restricted to the said Change of Scope or withdrawal, as the case may be, and does not alter the payments due for and in respect of items or stage payments which do not form part of such Change of Scope or withdrawal.

Procedure for estimating the payment for the Works. 17.3.1 19.3.1 The Authority Authority/GMDA shall make interim payments to the Contractor, Contractor as certified by the Authority AUTHORITY’S/GMDAs Engineer on completion of a Stagestage, for 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 and payment procedure in Schedule-G.H. 17.3.2 19.3.2 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 17.3.119.3.1, supported with necessary particulars and documents in accordance with this Agreement. 17.3.3 19.3.3 Any reduction in the Contract Price arising out of Change of Scope or the Works works withdrawn under Clause 8.3, as the case may be, 8.3 shall not affect the amounts payable for the items or stage payments thereof which are not affected by such Change of Scope or withdrawal. For the avoidance of doubt and by way of illustration, the Parties agree that if the amount assigned to Important Bridges and / or Major Bridges Xxxxxxx is reduced from Rs. 100 crore to Rs. 80 crore owing to Change of Scope or withdrawal of Works, as the case may bework, the reduction in payment shall be restricted to the relevant payments for Important Bridges and / or Major Bridges only and the payment due in respect of all other stage payments under the item Important Bridges and / or Major Bridges shall not be affected in any manner. The Parties further agree that the adjustments arising out of the aforesaid modifications shall be carried out in a manner that the impact of such modifications is restricted to the said Change of Scope or withdrawal, as the case may be, and does not alter the payments due for and in respect of items or stage payments which do not form part of such Change of Scope or withdrawal.

Procedure for estimating the payment for the Works. 17.3.1 19.3.1 The Authority shall make interim payments to the Contractor, Contractor as certified by the Authority Authority‟s Engineer on completion of a Stagestage, for 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 and payment procedure in Schedule-G.H. In case of difference of opinion as to the value off any stage, The Authority's view shall prevail & interim payment shall be made to the contractor on this basis. 17.3.2 19.3.2 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 17.3.119.3.1, supported with necessary particulars and documents in accordance with this Agreement. 17.3.3 19.3.3 Any reduction in the Contract Price arising out of Change of Scope or the Works works withdrawn under Clause 8.3, as the case may be, 8.3 shall not affect the amounts payable for the items or stage payments thereof which are not affected by such Change of Scope or withdrawal. For the avoidance of doubt and by way of illustration, the Parties agree that if the amount assigned to Important Bridges and / or Major Bridges is reduced from Rs. 100 crore to Rs. 80 crore owing to Change of Scope or withdrawal of Works, as the case may bework, the reduction in payment shall be restricted to the relevant payments for Important Bridges and / or Major Bridges only and the payment due in respect of all other stage payments under the item Important Bridges and / or Major Bridges shall not be affected in any manner. The Parties further agree that the adjustments arising out of the aforesaid modifications shall be carried out in a manner that the impact of such modifications is restricted to the said Change of Scope or withdrawal, as the case may be, and does not alter the payments due for and in respect of items or stage payments which do not form part of such Change of Scope or withdrawal.