Common use of Reasons to Withhold Payment Clause in Contracts

Reasons to Withhold Payment. The District may withhold any payment, in whole, or in part, to such extent as may be necessary to protect the District from loss because of, but not limited to: 1. Defective Work not remedied; 2. Stop Notices served upon the District; 3. Liquidated damages assessed against the Contractor; 4. The cost of completion of the Contract if there exists reasonable doubt that the Work can be Completed for the unpaid balance of any Contract Price or by the completion date; 5. Damage to the District or other contractor; 6. Unsatisfactory prosecution of the Work by the Contractor; 7. Failure to store and properly secure materials; 8. Failure of the Contractor to submit on a timely basis, proper and sufficient documentation required by the Contract Documents, including, without limitation, acceptable monthly progress schedules, Shop Drawings, Submittal schedules, schedule of values, product data and samples, proposed product lists, executed Change Order, Construction Change Documents, and verified reports; 9. Failure of the Contractor to maintain As-Built drawings; 10. If, in the District’s opinion, the representations to the District required pursuant to Article

Reasons to Withhold Payment. The District may withhold any payment, in whole, or in part, to such extent as may be necessary to protect the District from loss because of, but not limited to: 1. Defective Work not remedied; 2. Stop Notices served upon the District; 3. Liquidated damages assessed against the Contractor; 4. The cost of completion of the Contract if there exists reasonable doubt that the Work can be Completed for the unpaid balance of any Contract Price or by the completion date; 5. Damage to the District or other contractor; 6. Unsatisfactory prosecution of the Work by the Contractor; 7. Failure to store and properly secure materials; 8. Failure of the Contractor to submit on a timely basis, proper and sufficient documentation required by the Contract Documents, including, without limitation, acceptable monthly progress schedules, Shop Drawings, Submittal schedules, schedule of values, product data and samples, proposed product lists, executed Change Order, Construction Change Documents, and verified reports; 9. Failure of the Contractor to provide an approvable schedule in compliance with this Master Construction Services Agreement or to provide an approved updated monthly schedule for any project under this Master Construction Services Agreement. 10. Failure of the Contractor to maintain As-Built drawings; 1011. If, in the District’s opinion, the representations to the District required pursuant to Article