Progress Payment Schedule. The District shall pay to Contractor the progress payments set forth below when Contractor has completed the Work associated with such payment. Contractor must submit documentation at the time of invoicing for related progress payments. Progress Payments Schedule Payment Milestone % of Total Task Order Price Notice to Proceed 10% Equipment Deposit 25% Progress Payments 50% Substantial Completion 10% Final Completion 5%
Progress Payment Schedule. The General Contractor shall prepare and present to the Owner and the designated Professional the General Contractor’s progress payment schedule, apportioning the different elements of the Work for purposes of periodic and final payment. The General Contractor's progress payment schedule shall be presented in the format, and with such detail and supporting information, requested by the Professional or Owner. The General Contractor shall not imbalance or artificially inflate any element of the Progress Payment Schedule. Upon the Professional and Owner’s acceptance, the Progress Payment Schedule shall be used to process and pay the General Contractor’s payment requests. The progress payment schedule shall not be changed without written change order authorized by the Owner.
Progress Payment Schedule. Seller acknowledges timely receipt from Buyer of the payments shown on Appendix B as due to Seller through August, 1999. Buyer shall make all additional progress payments to Seller in accordance with the payment schedule attached as Appendix B. Prior to Shipment of the first Major Component of a Unit, Buyer shall provide to Seller written evidence, in a form reasonably acceptable to Seller, that Buyer has the financial ability to satisfy Buyer's remaining obligations under this Contract for such Units. Seller shall be entitled to invoice Buyer on or before the fifteenth (15th) calendar day of each calendar month for the progress payment due for the following calendar month. All progress payments shall be made to Seller upon submission of invoices by Seller in accordance with Section 3.5, provided that each invoice submitted by Seller pursuant to the applicable Appendix shall include charges only for those applicable events or durations as described in Appendix B. All payments to be made under this Section 3.3 shall be in accordance with Sections 3.1 and 3.4 of this Contract.
Progress Payment Schedule. A. A schedule prepared by DB Entity and acceptable to Owner indicating that portion of the Contract Price to be paid for each major component of the Work.
Progress Payment Schedule. Customer shall pay the full Contract Price as the Work progresses pursuant to the following schedule (“Progress Payment Schedule”): $ 49,841.92 down payment for material and equipment orders, due upon execution of this Contract, which shall be credited to the first invoice $ 49,841.92 upon Completion of framing in Unit C . $ 49,841.92 upon Completion of Drywall Installation in Unit C. . $ N/A upon N/A . $ N/A upon N/A. $ N/A upon N/A. $ 49,841.92 upon Substantial Completion. The existence of “punch list” items shall not preclude the occurrence of Substantial Completion or Xxxxxxx Restorations’ right to the Substantial Completion Progress Payment. All Change Orders and Change Directives shall be paid in full within ten days after the Change Order has been signed or the Change Directive has been issued, unless the parties otherwise agree.
Progress Payment Schedule. The Customer shall pay to Contractor the progress payments set forth below when Contractor has completed the Work associated with such payment. Contractor must submit documentation at the time of invoicing for related progress payments. Progress Payments Schedule Payment Milestone % of Total Task Order Price Funding Date 10% Major Equipment Ordering 90% PERFORMANCE AND PAYMENT BONDS Contractor shall provide evidence of the following bonds to Customer: • Performance Bond. A bond issued by a corporate surety authorized to issue surety insurance in California, and reasonably acceptable to Customer, in an amount equal to one-hundred percent (100%) of this Work Order Price payable under the Agreement securing the faithful performance of this Work Order; and • Payment Bond. A bond issued by a corporate surety authorized to issue surety insurance in California, and reasonably acceptable to Customer, in an amount equal to one-hundred percent (100%) of this Work Order Price payable under the Agreement securing the payment of all claims for the performance of labor or services on, or the furnishing of materials for, the performance of this Work Order. The Performance and Payment Bond shall guarantee timely completion of the Work in accordance with this Work Order and shall cover the installation period. The warranty period shall extend one (1) year following Final Completion. The surety, having provided the Performance and Payment Bonds under this Work Order, shall assume no liability to Contractor, Customer or any third parties, should Contractor fail, for any reason, to deliver acceptable warranties beyond the one (1) year warranty period following Final Completion. EXHIBIT C Work Order #2 Xxxxxxx Elementary, Willows Intermediate School and Willows High School Solar Installations This scope of work is intended to define the requirements which will form the basis of complete photovoltaic power systems (“System”) at Xxxxxxx Elementary located at 000 X. Xxxxxx Xxxxxx, Xxxxxxx XX, Willows Intermediate School located at 0000 X. Xxxxx Xxxxxx, Xxxxxxx XX and Willows High School located at 000 X. Xxxxxxx Avenue, Willows CA. This Work Order includes the following: • Solar Plant Scope of Work • General Clarifications & Qualifications to Scope of Work • Exclusions • Work Order Milestones • Work Order Price • Progress Payment Schedule • Performance and Payment Bonds • Conceptual Layout Drawings SOLAR PLANT SCOPE OF WORK General The scope of work for Work Order #2 includes all...
Progress Payment Schedule. The Progress Payment Schedule attached as Exhibit B, setting forth payments to Contractor for completion of discrete portions of the Work.
Progress Payment Schedule. Within thirty (30) calendar days from issuance of Notice to Proceed and prior to the Contractor’s application for the second progress payment, Contractor shall submit a detailed breakdown of its Contract Price by scheduled Work items and/or activities, including coordination responsibilities and Project Record Document responsibilities. This breakdown shall be referred to as the Schedule of Values. Where more than one Subcontractor comprises the work of a Work item or activity, the Schedule of Values shall show a separate line item for each subcontract. Contractor shall furnish the Schedule of Values of the total Contract Price, by assigning dollar values (cost estimates) to each applicable Master Project Schedule network activity, which cumulative sum equals the total Contract Price. The format and detail of the Schedule of Values shall be as directed by the County to facilitate and clarify future progress payments to Contractor for all Contract Work. No later than the tenth day of each month, Contractor shall submit to County two (2) copies of a payment request for reimbursement of the portion of the Work put in place during the period from the first day to the last day of the previous month. Such requests for progress payments shall be based upon the Schedule of Values prices of all labor and materials incorporated in the Work at any time up to midnight of the last day of the previous month, less the aggregate of previous payments for Contractor’s actual progress measured; and the County’s receipt of California Energy Commission (CEC) payment. No progress payment shall be made to Contractor until after the County has received payment from CEC. Payment requests shall include, but are not necessarily limited to, the following:
Progress Payment Schedule. Within thirty (30) calendar days from issuance of Notice to Proceed and prior to the Contractor’s application for the second progress payment, Contractor shall submit a detailed breakdown of its Contract Price by scheduled Work items and/or activities, including coordination responsibilities and Project Record Document responsibilities. This breakdown shall be referred to as the Schedule of Values. Where more than one Subcontractor comprises the work of a Work item or activity, the Schedule of Values shall show a separate line item for each subcontract. Contractor shall furnish the Schedule of Values of the total Contract Price, by assigning dollar values (cost estimates) to each applicable Master Project Schedule network activity, which cumulative sum equals the total Contract Price. The format and detail of the Schedule of Values shall be as directed by the County to facilitate and clarify future progress payments to Contractor for all Contract Work. No later than the tenth day of each month, Contractor shall submit to County two (2) copies of a payment request for reimbursement of the portion of the Work put in place during the period from the first day to the last day of the previous month. Such requests for progress payments shall be based upon the Schedule of Values prices of all labor and materials incorporated in the Work at any time up to midnight of the last day of the previous month, less the aggregate of previous payments for Contractor’s actual progress measured; and the County’s receipt of P.G.&E’s payment. No progress payment shall be made to Contractor until after the County has received payment from P.G.&E. Payment requests shall include, but are not necessarily limited to, the following:
Progress Payment Schedule. Subject to the provisions of this Section 9.3 and Seller's compliance herein, Buyer shall make Progress Payments to Seller in accordance with the Progress Payment Schedule and the provisions herein on account of the Purchase Price, the amounts specified in the form of Seller's Invoice and for which Seller has not previously been paid. Each Progress Payment is included in the Progress Payment Schedule attached as Error! Reference source not found. ("Progress Payment Schedule"), and each Progress Payment shall be due and payable only to the extent it is supported by the completion of that corresponding Work for the Progress Payment. Seller shall provide, as part of its invoicing documentation as provided in Section 9.3.2, a monthly cash flow updated based on Work complete, in progress and forecast on the first day of each month.
