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.
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.
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.
For Government Use Only 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.
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.