Progress Payment Reports (Each Contract Sample Clauses

Progress Payment Reports (Each Contract. The CM shall prepare and distribute the progress payment reports. The reports shall state the total construction contract price, payment to date, current payment requested, retainage, SALES TAX PAID, and actual amounts owed this period. A portion of this report shall be a certificate of payment that shall be signed by the CM CERTIFYING THAT THE WORK COMPLIES WITH THE CONTRACT DOCUMENTS and delivered to the Owner for use by the Owner in making payments to the CM.