Progress Payments definition

Progress Payments. County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

Progress Payments as used in this clause, means payments made before completion of work in progress under a job order.

Progress Payments means payments for work in place and materials or equipment that have been delivered or are stockpiled in the vicinity of the construction site. This includes payments for undelivered, specifically manufactured equipment if: (1) designated in the specifications, (2) could not be readily utilized or diverted to another job, and (3) a fabrication period of more than 6 months is anticipated.

Examples of Progress Payments in a sentence

• Such audits would include, but are not limited to, the following types of audits: Evaluation of Provisional Billing Rates, Termination Proposals, Equitable Adjustment Claims, Progress Payments, and Other Special Audits necessary to protect the Government’s interests.

• In consultation with the District and the construction manager, the Architect shall assist in the development and implementation of procedures, forms and documents for the submittal, review, processing and disbursement of Progress Payments to the Project contractor(s).

• The County will pay the Contractor in accordance with the terms of the Progress Payments and Retainage and Payment Terms sections below and at the prices shown in Attachment D, but not more than $1,113,000 for the Contractor's completion of the Work as required by the Contract Documents provided the Work is performed to the satisfaction of and is accepted by the Project Officer.

• Progress Payments (Multiple - Invoiced Upon Receipt of Goods by DataVox and/or Work Completed) 100.00 % $17,900.49 Total Payments (Excluding Sales Tax): $17,900.49 Acknowledged and Accepted Initial C H A N G E O R D E R A P P R OVA L This change order has been reviewed and is approved for technical accuracy.

• This Agreement is to be invoiced to the District in the form of Progress Payments.

More Definitions of Progress Payments

Progress Payments means those payments which are not associated with milestone events, as described in Attachment 3.

Progress Payments means the payments that become due to the Contractor under Section 9.1 in relation to the Provincial Funding;

Progress Payments. Progress payments are unearned cash flow payments authorized and paid at selected training and contract performance benchmarks. Progress payments may be paid after a trainee is enrolled and has completed 8 hours of training (P1), after a trainee has completed training (P2) and when a trainee is placed in qualifying employment with an eligible employer (P3) [New Hire participants only]. Progress payments may not exceed 75% of the cost per trainee based on the hours of training documented at completion of training. Progress payments are not considered earned until the completion of all contract performance requirements and reconciliation of payments at the Fiscal Closeout of the Agreement.

Progress Payments means payments to reimburse the Sub-Agreement Holder for Eligible Expenditures after they have been incurred,

Progress Payments. ’ means payments provided for

Progress Payments. Owner shall make monthly progress payments on account of the Contract Price and as provided in the Contract Documents. All progress payments will be on the basis of the progress of the Work. Owner shall have the right to request and inspect supporting documentation for progress payments, including but not limited to receipts and invoices evidencing payments of charges associated with the Work.

Progress Payments means monthly payments that SHMC is required to make as the Work progresses pursuant to ORS 279C.570(2).