Schedule of Progress Payments. Customer shall pay Contractor according to the schedule set for in Attachment C to this Contract.
Schedule of Progress Payments. Following execution of the Contract and payment of the Down Payment, Customer shall pay Contractor according to the schedule below: Payment Schedule
Schedule of Progress Payments. 1. Payments will equal the Contract Price (less any initial payment) times the percentage listed for each phase: 10 percent of the Contract Price after Breaking Ground 10 percent of the Contract Price after Foundation is Complete 15 percent of the Contract Price after Rough Framing is Complete 10 percent of the Contract Price after Rough Plumbing is Complete 10 percent of the Contract Price after Doors and Windows are Installed 10 percent of the Contract Price after Exterior Wall Finish is Installed 10 percent of the Contract Price after Cabinets and Counters are Installed 10 percent of the Contract Price after Mechanical and Electrical Pass Inspection 10 percent of the Contract Price after Interior Finish is Complete 5 percent of the Contract Price after the Project passes Final Inspection
Schedule of Progress Payments. 1. Each progress payment will cover Work done during the pay period. If a progress payment would be due on a legal holiday, the payment will be made on the last business Day before that holiday.
Schedule of Progress Payments. The schedule of progress payments must specifically describe each phase of work, including the type and amount of work or services scheduled to be supplied in each phase, along with the amount of each proposed progress payment. IT IS AGAINST THE LAW FOR A CONTRACTOR TO COLLECT PAYMENT FOR WORK NOT YET COMPLETED, OR FOR MATERIALS NOT YET DELIVERED. HOWEVER, A CONTRACTOR MAY REQUIRE A DOWNPAYMENT.
Schedule of Progress Payments. The schedule or progress payments must specifically describe each phase of work, including the type and amount of work or services scheduled to be supplied in each phase, along with the amount of each proposed progress payment. IT IS AGAINST THE LAW FOR A CONTRACTOR TO COLLECT PAYMENT FOR WORK NOT YET COMPLETED, OR FOR MATERIALS NOT YET DELIVERED. HOWEVER, A CONTRACTOR MAY REQUIRE A DOWNPAYMENT.
1. Progress payments are due as each phase of the Work is completed.
I. Amount due when Job Phase 1 is complete: $1,396.50 Job Phase 1 is complete when demolition debris is hauled away.
II. Amount due when Job Phase 2 is complete: $4,000.00 Job Phase 2 is complete when framing, rough plumbing and electrical are done.
III. Amount due when Job Phase 3 is complete: $4,000.00 Job Phase 3 is complete when doors and windows are hung.
IV. Amount due when Job Phase 4 is complete: $6,000.00 Job Phase 4 is complete when flooring and wall cover are installed.
V. Amount due when Job Phase 5 is complete: $6,000.00 Job Phase 5 is complete when interior finish is done.
VI. Amount due when Job Phase 6 is complete: $2,000.00 Job Phase 6 is complete when final inspection is passed.
Schedule of Progress Payments. 1. A first Progress Payment of (the “First Payment”): $14,500.00 is due on the day that the AHJ Permits are issued by the AHJ, and covers labor and materials for System design, permitting, and project administration. 2. A second Progress Payment of (the “Second Payment”): $34,096.00 is due on the day of Substantial Completion and covers the balance of materials, equipment, and labor to install the System as well as project administration. 3. A final Progress Payment of (the “Final Payment”): $0.00 is anticipated to be paid to Sungevity directly by the applicable utility or rebate administrator, covering the balance of work on the System, and project administration. The schedule of progress payments must specifically describe each phase of work, including the type and amount of work or services scheduled to be supplied in each phase, along with the amount of each proposed progress payment. IT IS AGAINST THE LAW FOR A CONTRACTOR TO COLLECT PAYMENT FOR WORK NOT YET COMPLETED, OR FOR MATERIALS NOT YET DELIVERED. HOWEVER, A CONTRACTOR MAY REQUIRE A DOWN PAYMENT.
Schedule of Progress Payments. First Payment (When Permit is Approved or Delivery of Equipment to Installation Site) -Second Payment (Substantial Commencement of Work and Completion of Installation) (20%) (60%) -Final Payment (Completion of Village/Town/City/County Inspections) (20%) All remaining charges are due upon final signoff from Village/Town/City/County Building Inspector. Please note system cannot be turned on until passing utility inspection.
Schedule of Progress Payments. For the items of work satisfactorily completed under this Agreement, progress payment(s) will be made to the Contractor as specified below: Payment Upon Less Amount 1st payment Completion of 33% of the work 5% retainage $ 2nd payment Completion of 66% of the work 5% retainage $ Final payment incl. retainage Satisfactory completion and final inspection $ TOTAL: $
Schedule of Progress Payments. Payment Schedule: If this box is checked, the following progress payment schedule applies to this Agreement. DL Restcon shall be paid progress payments during the project as follows: $ __________ on execution of Agreement (10% or $1,000 of the total Agreement, whichever is less) $ __________ upon __________________________________________________ $ __________ upon __________________________________________________ $ __________ upon __________________________________________________ Any remaining balance due under the Agreement or any change orders will be due ten (10) days after completion of the work or delivery of the invoice, whichever occurs first. The schedule of progress payments must specifically describe each phase of work, including the type and amount of work or services scheduled to be supplied in each phase, along with the amount of each proposed progress payment. IT IS AGAINST THE LAW FOR A CONTRACTOR TO COLLECT PAYMENT FOR WORK NOT YET COMPLETED, OR FOR MATERIALS NOT YET DELIVERED. HOWEVER, A CONTRACTOR MAY REQUIRE A DOWNPAYMENT.
