Progress Payment Estimate definition

Progress Payment Estimate means a payment estimate submitted by the Contractor to the City in accordance with subsection 5.1a);
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Progress Payment Estimate has the meaning set out in Schedule 11 [Prices and Payment];
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Examples of Progress Payment Estimate in a sentence

  • Progress Payment Estimate (Intermediate)As the project progresses, item postings are made in FieldManager for payment to the contractor.Progress payment estimates are made bi-weekly if the contractor is due a payment of a$1,000.00 or more.

  • After review and when agreement is reached with the Project Manager on the Progress Payment Estimate, the Contractor shall generate the revised Monthly Progress Payment Application for signature by the Contractor, Project Manager, and the Owner.

  • AECOM submitted Progress Payment Estimate No. 6 for Spectraserv in the amount of$493,401.82.

  • Greg Ham stated all equipment has been delivered, inspected and found to be satisfactory and staff is recommending final payment in the amount of $28,319.00 and closure of Contract No. 0-657.1. It was moved by Director Dahlgren and seconded by Director Garrett to approve Progress Payment Estimate No. 3 (Final) Contract No. 0-657.1-Black Motor Company in the amount of $28,319.00 and Closure of Contract No. 0-657.1-Black Motor Company as presented.

  • Warren County NRCS Erosion Control Project No. 2 (Six Sites) Motion was made by Supervisor William Banks, seconded by Supervisor David McDonald and carried unanimously, to accept the recommendation of the County Engineer to approve Progress Payment Estimate No. 5, in the amount of$126,421.81 to Lampkin Construction Co., Inc., for payment of work performed on the 2007 Warren County NRCS Erosion Control Project No. 2 (Six Sites).

  • After review and when agreement is reached with the Owner’s Representative on the Progress Payment Estimate, the Contractor shall generate the revised Application for Payment with Monthly Progress Payment and Cost Report for signature by the Contractor and Owner’s Representative.

  • Progress Payment Estimate (Intermediate)As the project progresses, item postings are made in FieldManager™ for payment to the contractor.Progress payment estimates are made bi-weekly if the contractor is due a payment of$1,000.00 or more.

  • The Construction Officer Consultants use and access the same precedents, forms, reports and/or other documents that Construction Officer employees use to perform their duties, including a Daily Diary, Daily Inspection Form, Field Advice Memo, Daily Field Reports, Weekly Progress Report, Equitable Adjustment Forms, Progress Payment Forms, Non-Conformance Reports, Progress Payment Estimate forms and the Field Advice Memos.

  • The Grand Total must match the total of all the CATG#s.◼ When all calculations have been completed a letter explaining the Liquidated Damage must be sent to the Contractor, noti- fying when it will be deducted from the Progress Payment Estimate.

  • The Grand Totalmust match the total of all the CATG#s.n When all calculations have been completed a letter explaining the Liquidated Damage must be sent to the Contractor, notifying when it will be deducted from the Progress Payment Estimate.

Related to Progress Payment Estimate

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Royalty Payment has the meaning set forth in Section 2.1(b).

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Delta Payment means as it is described in this Agreement.

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

  • Premium payment plan means a benefit plan whereby state and

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Payment request means any request for contract financing payment or invoice payment submitted by the contractor under this contract.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Payment Schedule ’ means a schedule which sets out—

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).