Progress Payment Application Sample Clauses
A Progress Payment Application clause outlines the process by which a contractor or service provider requests interim payments for work completed during a project. Typically, this clause specifies the timing, format, and required documentation for submitting payment applications, such as invoices or progress reports, and may set out the approval process by the client or project manager. Its core function is to ensure that payments are made incrementally as work progresses, providing financial stability to the contractor and aligning payments with actual project milestones or deliverables.
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Progress Payment Application. The Contractor shall input the established amounts into a master spreadsheet and then prepare a Progress Payment Application for the payment period. The payment application will include only those Offsite Costs, Direct Costs and Indirect Costs that County and Contractor agree are properly due and owing based on the status of the Work.
Progress Payment Application. The Contractor shall certify in the Progress Payment Application that the portion of the Work for which payment is requested has been satisfactorily completed and/or that any materials specified in the Progress Payment Application not already incorporated into the Project are stored where indicated.
Progress Payment Application. The form that is accepted by ▇▇▇▇▇▇▇ and used by CM@R is requesting progress payments or final payment and which will include such supporting documentation as is required by the Contract Documents and/or ▇▇▇▇▇▇▇.