Common use of PROGRESS PAYMENT FOR THE WORK Clause in Contracts

PROGRESS PAYMENT FOR THE WORK. 5.4.1 Applications for payment on account as provided in Article A-9 of the Agreement – PAYMENT may be made monthly as the Work progresses. 5.4.2 Applications for payment shall be dated the last day of each payment period, which is the last day of the month or an alternative day of the month agreed in writing by the parties. 5.4.3 The amount applied for shall be the cost of the Work performed and Products delivered to the Place of the Work or other locations designated by the Owner in accordance with the provisions of Article A-7 of the Agreement – COST OF THE WORK, as of the last day of the month or an alternative day of the month agreed in writing by the parties plus the Construction Manager’s Fee for the Work earned in accordance with the provisions of Article A-5 of the Agreement – CONSTRUCTION MANAGER’S FEE. 5.4.4 The application for payment for the Work shall include items of cost as defined in Article A-7 of the Agreement – COST OF THE WORK and other support documents required by the Owner as in accordance with the Contract Documents. 5.4.5 When submitting the second and succeeding applications for payment, the Construction Manager shall furnish receipted vouchers or other satisfactory evidence of payment for all items included in the preceding applications. If the Owner has reasonable grounds for believing that any amount included in preceding applications has not been paid the Owner may withhold payment in respect of such amount from the current application until satisfactory evidence of payment is given by the Construction Manager. 5.4.6 Applications for payment for Products delivered to the Place of the Work but not yet incorporated into the Work shall be supported by such evidence as the Consultant may reasonably require to establish the value and delivery of the Products. 26 CCDC 5B – 2010 5.4.7 After receipt by the Consultant of an application for payment for the Work submitted by the Construction Manager in accordance with paragraphs 5.4.1 to 5.4.6: .1 the Consultant will promptly inform the Owner of the date of receipt of the Construction Manager’s application for payment;

PROGRESS PAYMENT FOR THE WORK. 5.4.1 Applications for payment on account as provided in Article A-9 of the Agreement – – PAYMENT may be made monthly as the Work progresses. 5.4.2 Applications for payment shall be dated the last day of each payment period, which is the last day of the month or an alternative day of the month agreed in writing by the parties. 5.4.3 The amount applied for shall be the cost of the Work performed and Products delivered to the Place of the Work or other locations designated by the Owner in accordance with the provisions of Article A-7 of the Agreement – – COST OF THE WORK, as of the last day of the month or an alternative day of the month agreed in writing by the parties plus the Construction Manager’s Manager’s Fee for the Work earned in accordance with the provisions of Article A-5 of the Agreement – – CONSTRUCTION MANAGER’S MANAGER’S FEE. 5.4.4 The application for payment for the Work shall include items of cost as defined in Article A-7 of the Agreement – – COST OF THE WORK and other support documents required by the Owner as in accordance with the Contract Documents. 5.4.5 When submitting the second and succeeding applications for payment, the Construction Manager shall furnish receipted vouchers or other satisfactory evidence of payment for all items included in the preceding applications. If the Owner has reasonable grounds for believing that any amount included in preceding applications has not been paid the Owner may withhold payment in respect of such amount from the current application until satisfactory evidence of payment is given by the Construction Manager. 5.4.6 Applications for payment for Products delivered to the Place of the Work but not yet incorporated into the Work shall be supported by such evidence as the Consultant may reasonably require to establish the value and delivery of the Products. 26 CCDC 5B – – 2010 5.4.7 After receipt by the Consultant of an application for payment for the Work submitted by the Construction Manager in accordance with paragraphs 5.4.1 to 5.4.6: .1 the Consultant will promptly inform the Owner of the date of receipt of the Construction Manager’s Manager’s application for payment;