Common use of Progress Estimate Clause in Contracts

Progress Estimate. Within ten (10) days following the end of each calendar month, Contractor will prepare on the District’s standard "Application for Payment" Form and deliver to the Architect or District a written payment request setting forth Contractor's estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the Architect or District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Architect, Contractor shall furnish the Architect with copies of invoices for all such items delivered to the job site.

Appears in 4 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.