Common use of Schedule of Values and Processing of Payments Clause in Contracts

Schedule of Values and Processing of Payments. The Construction Manager shall review and approve each Contractor’s schedule of values for each of the activities included in that Contractor’s schedule of events. The Construction Manager shall develop and maintain a master schedule of values. The Construction Manager shall develop and implement procedures for the review and processing of applications by Contractors for progress and final payments. As part of the evaluation of progress payments, the Construction Manager shall review all “as-built” documents and ensure that the Contractor’s “as-built” documents are updated and current. The Construction Manager shall review with the Architect and make recommendations to the District pertaining to payments to the Contractors.

Appears in 9 contracts

Samples: Construction Management Services Agreement, Construction Management Services Agreement, Construction Management Services Agreement

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