Progress Payments for Construction (i. e. Project): Contractor shall submit to the Judicial Council an Application for Payment for the Project based upon the actual value for materials delivered or services performed in furtherance of the Project under the Contract up to the last day of the previous month (“Application for Progress Payment”). The Project Manager will review the Application for Progress Payment and approve the Application for Progress Payment if the Application for Progress Payment is valid and correct. Within 45 days after the Project Manager’s approval of the Application for Progress Payment, Contractor will be paid a sum equal to ninety percent (90%) of the amount invoiced in the Application for Progress Payment (as Judicial Council verified, as applicable, by the Project Manager, Judicial Council’s architect, and Judicial Council’s project inspector and certified by Contractor) The Judicial Council may deduct from any payment an amount necessary to protect the Judicial Council from loss because of:
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Samples: www.courts.ca.gov, www.courts.ca.gov, www.courts.ca.gov
