Prompt Payment to Contractors. Developer shall require that the following provisions be incorporated in each Design- Build Contract:
7.14.1 The Design-Build Contractor shall pay each subcontractor for Work satisfactorily performed within ten (10) days after receiving payment from Developer for the Work satisfactorily performed by the subcontractor, and shall pay any retainage on a subcontractor's Work within ten (10) days after satisfactory completion of all of the subcontractor's Work after receiving payment from Developer of such retainage amount. Completed subcontractor work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the subcontractor. For the purpose of this Section 7.14, satisfactory completion is accomplished when:
7.14.1.1 The subcontractor has fulfilled the requirements of both the Design-Build Contract and the subcontract for the subcontracted Work, including the submittal of all information required by the specifications and the Design-Build Contractor; and
7.14.1.2 The work done by the subcontractor has been inspected and approved by Xxxxxxxxx and the final quantities of the subcontractor's work have been determined and agreed upon.
7.14.2 The foregoing payment requirements apply to all tiers of subcontractors and shall be incorporated into all subcontracts.
Prompt Payment to Contractors. The TSP shall pay each Subcontractor for Work satisfactorily performed within 30 days after receiving payment from the Joint Board for the Work satisfactorily performed by the Subcontractor. The foregoing payment requirements apply to all tiers of Subcontractors and shall be incorporated into all subcontracts.
Prompt Payment to Contractors. Developer shall require that the following provisions be incorporated in the Design-Build Contract:
10.13.1 The Design-Build Contractor shall pay each subcontractor for Work satisfactorily performed within ten days after receiving payment from Developer for the Work satisfactorily performed by the subcontractor, and shall pay any retainage on a subcontractor's Work within ten days after satisfactory completion of all of the subcontractor's Work. Completed subcontractor work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the subcontractor. For the purpose of this Section 10.13, satisfactory completion is accomplished when:
10.13.1.1 The subcontractor has fulfilled the requirements of both the Design- Build Contract and the subcontract for the subcontracted Work, including the submittal of all information required by the specifications and the Design-Build Contractor; and
10.13.1.2 The work done by the subcontractor has been inspected and approved by Developer and the final quantities of the subcontractor's work have been determined and agreed upon.
10.13.2 The foregoing payment requirements apply to all tiers of subcontractors and shall be incorporated into all subcontracts.
Prompt Payment to Contractors. Developer shall require, as part of the Design-Build Contract, that the Design-Build Contractor pay each subcontractor for Work satisfactorily performed within 10 days after receiving payment from Developer for the Work satisfactorily performed by the subcontractor and pay any retainage on a subcontractor’s Work within 10 days after satisfactory completion of all of the subcontractor’s Work. Completed subcontractor work includes vegetative establishment, test, maintenance, performance, and other similar periods that are the responsibility of the subcontractor. For the purpose of this Section 23.13, satisfactory completion is accomplished when (a) the subcontractor has fulfilled the requirements of both the Design-Build Contract and the subcontract for the subcontracted Work, including the submittal of all information required by the specifications and the Design-Build Contractor, and (b) the work done by the subcontractor has been inspected and approved by Developer and the final quantities of the subcontractor’s work have been determined and agreed upon. The foregoing payment requirements apply to all tiers of subcontractors and shall be incorporated into all subcontracts.
Prompt Payment to Contractors. Developer shall require, as part of the Design-Build Contract, that the Design-Build Contractor pay each subcontractor for Work satisfactorily performed within 10 days
Prompt Payment to Contractors. Developer shall comply, and shall cause each Contractor to comply, with the provisions of Business and Professions Code section 7108.5, California Civil Code sections 8122-8138, and any other applicable Law relating to prompt payment of contractors and/or subcontractors and waivers and releases by them of stop payment notices and payment bond rights.
Prompt Payment to Contractors. Developer shall require that the following provisions be incorporated in the Design-Build Contract:
10.12.1 The Design-Build Contractor shall pay each subcontractor for Work satisfactorily performed within ten days after receiving payment from Developer for the Work satisfactorily performed by the subcontractor, and shall pay any retainage on a subcontractor's Work within ten days after satisfactory completion of all of the subcontractor's Work. Completed subcontractor work includes vegetative establishment, test, maintenance, performance, and
10.12.1.1 The subcontractor has fulfilled the requirements of both the Design- Build Contract and the subcontract for the subcontracted Work, including the submittal of all information required by the specifications and the Design-Build Contractor; and
10.12.1.2 The work done by the subcontractor has been inspected and approved by Developer and the final quantities of the subcontractor's work have been determined and agreed upon.
10.12.2 The foregoing payment requirements apply to all tiers of subcontractors and shall be incorporated into all subcontracts.
