Target Date Requirements Sample Clauses

Target Date Requirements a. The Commission will assign an invoice target date to the Design-Builder at the Pre-Construction Meeting. Not later than 10 days prior to the invoice target date, the Design-Builder will submit to the Commission Representative a pencil copy of the application for payment for Work completed through the end of the prior month and the monthly progress report required by Book 2 . Design-Builder shall follow the directions provided by the Commission regarding submission of Design-Builder’s monthly payment applications. When submitting Design-Builder’s monthly payment applications through CW, Design-Builder may submit its monthly payment applications and supporting documentation electronically pursuant to appropriate protocols developed by the Commission and Design-Builder for the submission of Design-Builder’s monthly payment application. Not later than 5 days prior to the invoice target date, the pencil copy will be reviewed for approval of value of the Work completed at the payment review meeting with the Architect and Commission Representative. Calculation of the value of Work completed will be made by summarizing the individual values of Work completed as such completion is reported in the monthly progress report reviewed by the Architect for the approval of the Commission. Submission of the monthly progress report 5 Days prior to the payment review meeting will be a condition precedent to the approval of the payment application. The pencil copy of the Payment Application will not project completion of Work beyond the date of the review meeting of such pencil copy with the Architect and Commission Representative.

Target Date Requirements a. The Commission will assign an invoice target date to the Contractor at the Pre-Construction Meeting. Not later than five (5) days prior to the invoice target date, the Contractor will submit to the Commission Representative a pencil copy of the application for payment for Work completed through the end of the prior month and the monthly progress report required by Book 2. Contractor shall follow the directions provided by the Commission regarding submission of Contractor’s monthly payment applications. When submitting Contractor’s monthly payment applications through OCDM, Contractor may submit its monthly payment applications and supporting documentation electronically pursuant to appropriate protocols developed by the Commission and Contractor for the submission of Contractor’s monthly payment application. Not later than three (3) days prior to the invoice target date, the pencil copy will be reviewed for approval of value of the Work completed at the payment review meeting with the Architect and Commission Representative. Calculation of the value of Work completed will be made by summarizing the individual values of Work completed as such completion is reported in the monthly progress report reviewed by the Architect for the approval of the Commission. Submission of the monthly progress report five (5) days prior to the payment review meeting will be a condition precedent to the approval of the payment application. The pencil copy of the Payment Application will not project completion of Work as determined by the Commission’s Representative.