Common use of Application for Interim Payment Certificates Clause in Contracts

Application for Interim Payment Certificates. The Contractor shall submit a Statement in six copies to the Engineer after the end of each month, in a form approved by the Engineer, showing in detail the amounts to which the Contractor considers himself to be entitled, together with supporting documents which shall include the report on the progress during this month in accordance with Sub-Clause 4.21 [Progress Reports]. The Statement shall include the following items, as applicable, which shall be expressed in the various currencies in which the Contract Price is payable, in the sequence listed: (a) the estimated contract value of the Works executed and the Contractor’s Documents produced up to the end of the month (including Variations but excluding items described in sub-paragraphs (b) to (g) below); (b) any amounts to be added and deducted for changes in legislation and changes in cost, in accordance with Sub-Clause 13.7 [Adjustments for Changes in Legislation] and Sub-Clause 13.8 [Adjustments for Changes in Cost]; (c) any amount to be deducted for retention, calculated by applying the percentage of retention stated in the Contract Data to the total of the above amounts, until the amount so retained by the Employer reaches the limit of Retention Money (if any) stated in the Contract Data; (d) any amounts to be added for the advance payment and (if more than one instalment) and to be deducted for itsrepayments in accordance with Sub- Clause 14.2 [Advance Payment]; (e) any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause 14.5 [Plant and Materials intended for the Works]; (f) any other additions or deductions which may have become due under the Contract or otherwise, including those under Clause 20 [Claims, Disputes and Arbitration]; and (g) the deduction of amounts certified in all previous Payment Certificates.

Appears in 1 contract

Sources: Unit Price Contract

Application for Interim Payment Certificates. The Contractor shall submit a Statement in six copies to the Engineer after the end of the period of payment stated in the Contract (if not stated, after the end of each month), in a form approved by the Engineer, showing in detail the amounts to which the Contractor considers himself to be entitled, together with supporting documents which shall include the relevant report on the progress during this month in accordance with Sub-Clause 4.21 [Progress Reports]. The Statement shall include the following items, as applicable, which shall be expressed in the various currencies in which the Contract Price is payable, in the sequence listed: (a) the estimated contract value of the Works executed and the Contractor’s 's Documents produced up to the end of the month (including Variations but excluding items described in sub-paragraphs (b) to (g) below); (b) any amounts to be added and deducted for changes in legislation and changes in cost, in accordance with Sub-Clause 13.7 [Adjustments for Changes in Legislation] and Sub-Clause 13.8 [Adjustments for Changes in Cost]; (c) any amount to be deducted for retention, calculated by applying the percentage of retention stated in the Contract Data Appendix to Tender to the total of the above amounts, until the amount so retained by the Employer reaches the limit of Retention Money (if any) stated in the Contract DataAppendix to Tender; (d) any amounts to be added and deducted for the advance payment and (if more than one instalment) and to be deducted for itsrepayments repayments in accordance with Sub- Sub-Clause 14.2 [Advance Payment];; SAMPLE (e) any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause 14.5 [Plant and Materials intended for the Works]; (f) any other additions or deductions which may have become due under the Contract or otherwise, including those under Clause 20 [Claims, Disputes and Arbitration]; and (g) the deduction of amounts certified in all previous Payment Certificates.

Appears in 1 contract

Sources: Contract Agreement

Application for Interim Payment Certificates. The Contractor shall submit a Statement in six copies to the Engineer Project Manager after the end of each month, in a form approved by the EngineerProject Manager, showing in detail the amounts to which the Contractor considers himself to be entitled, together with supporting documents which shall include the report on the progress during this month in accordance with Sub-Clause GCC 4.21 [Progress Reports]. The Statement shall include the following items, as applicable, which shall be expressed in the various currencies in which the Contract Price is payable, in the sequence listed: : (a) the estimated contract value of the Works executed and the Contractor’s Contractor‟s Documents produced up to the end of the month (including Variations but excluding items described in sub-paragraphs (b) to (g) below); ; (b) any amounts to be added and deducted for changes in legislation and changes in cost, in accordance with Sub-Clause GCC 13.7 [Adjustments for Changes in Legislation] and Sub-Clause GCC 13.8 [Adjustments for Changes in Cost]; ; (c) any amount to be deducted for retention, calculated by applying the percentage of retention stated in the Contract Data SCC to the total of the above amounts, until the amount so retained by the Employer reaches the limit of Retention Money (if any) stated in the Contract Data; SCC; (d) any amounts to be added for the advance payment and (if more than one instalment) and to be deducted for itsrepayments its repayments in accordance with Sub- Clause GCC 14.2 [Advance Payment]; ; (e) any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause GCC 14.5 [Plant and Materials intended for the Works]; ; (f) any other additions or deductions which may have become due under the Contract or otherwise, including those under Clause GCC 20 [Claims, Disputes and Arbitration]; and and (g) the deduction of amounts certified in all previous Payment Certificates.

Appears in 1 contract

Sources: Contract for Design and Construction

Application for Interim Payment Certificates. The Contractor shall submit a Statement in six copies to the Engineer after the end of each monthMonth, in a the form approved by agreed between the EngineerParties, showing in detail the amounts to which the Contractor considers himself to be entitled, together with supporting documents which shall include the report on the progress during this month in accordance with Sub-Clause 4.21 [Progress Reports]. The Statement shall include the following items, as applicable, which shall be expressed in the various currencies in which the Contract Price is payable, in the sequence listed: (a) Euro: the estimated contract value of the Works executed for payment on a re-measurement basis pursuant to Sub-Clause 12.3 [Contract Price and Evaluation] or, where applicable, on a Lump Sum basis pursuant to Sub-Clause 12.4 [Lump Sums] and the Contractor’s Documents produced up to the end of the month (including Variations but excluding items described in sub-paragraphs (b) to (g) below); (b) ; any amounts to be added and deducted for changes in legislation and changes in cost, in accordance with Sub-Clause 13.7 [Adjustments for Changes in Legislation] and Sub-Clause 13.8 [Adjustments for Changes in Cost]; (c) any amount to be deducted for retention, calculated by applying the percentage of retention stated in the Contract Data to the total of the above amounts, until the amount so retained by the Employer reaches the limit of Retention Money (if any) stated in the Contract Data; (d) any amounts to be added for the advance payment and (if more than one instalment) and to be deducted for itsrepayments in accordance with Sub- Clause 14.2 [Advance Payment]; (e) any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause 14.5 [Plant and Materials intended for the Works]; (f) ; any other additions or deductions which may have become due under the Contract or otherwise, including those under Clause Clauses 8.5A and 20 [Claims, Disputes and Arbitration]; and (g) the deduction of amounts certified in all previous Payment Certificates; any amounts to be added for the Contractor’s Establishment Payment in accordance with Sub-Clause 2.1; the amounts to be added for the Design Management Fee ; any Reimbursable Sums.

Appears in 1 contract

Sources: Contract Agreement

Application for Interim Payment Certificates. The Contractor shall submit a Statement in six copies to the Engineer after the end of each month, in a form approved by the Engineer, showing in detail the amounts to which when the Contractor Contract considers himself to be entitled, together with supporting documents which shall include the report on the progress during this month in accordance with Sub-Clause 4.21 [Progress ReportsReport]. The Statement shall include the following items, as applicable, which shall be expressed in the various currencies in which the Contract Price is payable, in the sequence listed: (a) : the estimated contract value of the Works executed and the Contractor’s Documents produced up to the end of the month (including Variations but excluding items described in sub-paragraphs (b) to (g) below); (b) ; any amounts to be added and deducted for changes in legislation and changes in cost, in accordance with Sub-Clause 13.7 [Adjustments for Changes in Legislation] and Sub-Clause 13.8 [Adjustments for Changes in Cost]; (c) ; any amount to be deducted for retention, calculated by applying the percentage of retention stated in the Contract Data Appendix to Tender to the total of the above amounts, until the amount so retained by the Employer reaches the limit of Retention Money (if any) stated in the Contract Data; (d) Appendix to Tender; any amounts to be added and deducted for the advance payment and (if more than one instalment) and to be deducted for itsrepayments repayments in accordance with Sub- Sub-Clause 14.2 [Advance Payment]; (e) ; any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause 14.5 [Plant and Materials intended for the Works]; (f) ; any other additions or deductions which may have become due under the Contract or otherwise, including those under Clause 20 [Claims, Disputes and Arbitration]; and (g) and the deduction of amounts certified in all previous Payment CertificatesCertificate.

Appears in 1 contract

Sources: Contract Agreement