Common use of Progress Payment Certificate Clause in Contracts

Progress Payment Certificate. (a) Upon receipt of TxDOT’s response under Section 12.4.6, DB Contractor may request TxDOT to execute and deliver to DB Contractor, within ten business days, a Progress Payment Certificate in a form substantially similar to Exhibit 21, identifying a total undisputed amount owing to DB Contractor, acknowledging its obligation to pay that amount to DB Contractor and committing to make payments to satisfy that obligation in accordance with the schedule described in Section 12.4.6.

Progress Payment Certificate. (a) Upon receipt of TxDOT’s response under Section 12.4.6, DB Contractor may request TxDOT to execute and deliver to DB Contractor, within ten business days, a Progress Payment Certificate in a form substantially similar to Exhibit 2118, identifying a total undisputed amount owing to DB Contractor, acknowledging its obligation to pay that amount to DB Contractor and committing to make payments to satisfy that obligation in accordance with the schedule described in Section 12.4.6.