Common use of Withholding Progress Payments Clause in Contracts

Withholding Progress Payments. (1) Progress payments may be withheld for any violation or breach of a subcontract requirement such as but not limited to: (a) Failure to comply with prompt pay requirements; (b) Failure to be responsive to the Department or [Insert DB Contractor Name]; or (c) Failure to comply with any subcontract provision that creates a non-compliance with the Contract. (2) Efforts by [Insert DB Contractor Name] will be made to expeditiously remedy any impediments so that payments can be made as soon as possible. (3) Any payment dispute will be reflected and reported monthly in the Department’s tracking system.

Appears in 30 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

AutoNDA by SimpleDocs

Withholding Progress Payments. (1) Progress payments may be withheld for any violation or breach of a subcontract requirement such as but not limited to: (a) Failure to comply with prompt pay requirements; (b) Failure to be responsive to the Department or [Insert DB Contractor Name]Lone Star Constructors; or (c) Failure to comply with any subcontract provision that creates a non-compliance with non- compliancewith the Contract. (2) Efforts by [Insert DB Contractor Name] Lone Star Constructors, NEX will be made to expeditiously remedy any impediments so that payments can be made as soon as possible. (3) Any payment dispute will be reflected documented and reported monthly in the Department’s tracking system.

Appears in 1 contract

Samples: Design Build Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!