We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Construction Payment definition

Construction Payment shall have the meaning ascribed to such term in Section 6.2 of this Agreement.
Construction Payment has the meaning set out in Appendix 8B [Construction Period Payments];
Construction Payment means each payment made by the Port Authority to the User for Construction Costs.

Examples of Construction Payment in a sentence

  • Contract/Order Payment Clause Type of Payment Request Supply Service Construction Payment Office Allocation Method 52.212-4 (Alt I), Contract Terms and Conditions—Commercial Items 52.216-7, Allowable Cost and Payment 52.232-7, Payments under Time-and-Materials and Labor-Hour Contracts Cost Voucher X X N/A Line item specific proration.

  • SECTION 00610 (Construction Payment Bond) and SECTION 00620 (Construction Labor and Materials Bond) shall be executed by a surety insurer admitted in the State of California by the Department of Insurance.

  • The successful bidder must furnish a Construction Payment Bond, payable to the Town of Plymouth, issued by a responsible surety company doing business in the Commonwealth of Massachusetts.

  • Procedures for making a claim under the Construction Payment Bond are set forth in the form.

  • For public work the Construction Payment Bond provides rights of recovery for workers and suppliers similar to their rights under the mechanics lien laws applying to private work.


More Definitions of Construction Payment

Construction Payment has the meaning set out in Section 2 of this Appendix; “Cost to Date” as at a date means the sum of:
Construction Payment has the meaning set out in Schedule 8 [Payments];
Construction Payment has the meaning set forth in Exhibit B.
Construction Payment means an amount equal to the difference, if any, between
Construction Payment has the meaning set forth in Section 8.3.
Construction Payment has the meaning set forth in Section 4.5(a).
Construction Payment means the sum, in Canadian dollars, determined in accordance with Section 1.2 [Construction Payment] of Schedule 16 [Payment Mechanism].