Common use of Progress Payments; Retainage Clause in Contracts

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the month. All such payments will be measured based on the number of units completed times the unit price of each completed unit.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th n/a day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthbelow. All such payments will be measured by the schedule of values established as provided in Paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unitvalues, as provided in the General Requirements.

Appears in 4 contracts

Samples: Agreement, Agreement, For Construction Contract

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th 30th day from Owner approval of Application for Payment of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the pay request is received by the 1st requirements of the monthContract. All such payments will be measured based on by the number Schedule of units completed times Values established as provided in the unit price of each completed unitGeneral Conditions or, as may be provided elsewhere in the Contract.

Appears in 3 contracts

Samples: Agreement Between Owner and Contractor for Construction Contract, Agreement Between Owner and Contractor for Construction Contract, Agreement Between Owner and Contractor for Construction Contract

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th 30th day of each month during performance of the Work as provided in Paragraph Paragraphs 6.02.A.1 below as long as the pay request is received by the 1st of the monthbelow. All such payments will be measured by the schedule of values established in Paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unit.values, as provided in the General Requirements:

Appears in 2 contracts

Samples: Document 00 52 00 Agreement, 52 00 Agreement

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment as recommended by Engineer on or about the 25th day of each month a monthly basis during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the month5.02.A.1 below. All such payments will be measured by the schedule of values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unitvalues, as provided elsewhere in the Contract Documents.

Appears in 1 contract

Samples: Agreement

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th 20th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the pay request is received by the 1st requirements of the month. All such payments will be measured based on the number of units completed times the unit price of each completed unitContract.

Appears in 1 contract

Samples: Agreement Between Owner and Contractor for Construction Contract

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthParagraphs 5.02.A.1 and 5.02.A.2 below. All such payments will be measured based on by the number schedule of units completed times values established as provided in Paragraph 3.5.5 of the unit price General Conditions or, in the event there is no schedule of each completed unit.values, as provided in the General Requirements:

Appears in 1 contract

Samples: Construction Agreement

Progress Payments; Retainage. A. Owner shall make monthly progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment submitted on or about the 25th last day of each month during performance of the Work as provided in Paragraph Paragraphs 6.02.A.1 below as long as the pay request is received by the 1st of the monthbelow. All such payments will be measured by the schedule of values established as provided in Paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unit.values, as provided in the General Requirements:

Appears in 1 contract

Samples: Agreement Between Owner and Contractor for Construction Contract

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s 's Applications for Payment as recommended by Engineer, on or about the 25th day of each month during performance of the Work construction as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthparagraphs 5.1.1 and 5.1.2 below. All such payments will be measured based on the number of units completed times the unit price of each completed unitcompleted.

Appears in 1 contract

Samples: Form of Agreement

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Progress Payments; Retainage. A. Owner OWNER shall make progress payments on account of the Contract Price on the basis of Contractor’s CONTRACTOR's Applications for Payment Payment, on or about the 25th first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthparagraphs 5.02.A.1 and 5.02.A.2. below. All such payments will be measured by the schedule of values established in paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times the unit price of each completed unitcompleted).

Appears in 1 contract

Samples: lafayette.in.gov

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Design/Builder's Applications for Payment on or about the 25th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthparagraph 9.01.A.1. All such payments will be measured by the acceptable Schedule of Values established in paragraph 2.06 of the General Conditions (and in the case of Unit Price Work based on the number of units completed times the unit price of each completed unitcompleted).

Appears in 1 contract

Samples: Agreement

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthbelow. All such payments will be measured by the schedule of values established as provided in Paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unitvalues, as provided in the General Requirements.

Appears in 1 contract

Samples: Suggested Form of Agreement

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th day last Thursday of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the monthbelow. All such payments will be measured by the schedule of values established as provided in Paragraph 2.07.A of the General Conditions (and in the case of Unit Price Work based on the number of units completed times completed) or, in the unit price event there is no schedule of each completed unitvalues, as provided in the General Requirements.

Appears in 1 contract

Samples: Agreement

Progress Payments; Retainage. A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the 25th day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below as long as the pay request is received by the 1st of the month. All such payments will be measured based on the number of units completed times the unit price of each completed unit.Paragraphs 5.02.A.1 and

Appears in 1 contract

Samples: www.lakelandgov.net

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