Common use of Application for Progress Payment Clause in Contracts

Application for Progress Payment. 3.1. Once each month, the Contractor shall submit an application for progress payment for the work done in the preceding month. The Contractor shall submit its monthly application for progress payment at a time acceptable to the City’s PM, and the Contractor shall include whatever documentation the City’s PM reasonably determines is necessary to authorize a progress payment. 3.2. Before the City makes any partial payment or the final payment, and as a condition of a Contractor’s application for progress or final payment being deemed complete, the City’s PM may require the Contractor to submit satisfactory evidence that the Contractor is not delinquent in payments to employees or creditors for labor and materials incorporated into the work. 3.3. The Contractor shall provide to the City’s PM, with each application for progress payment, the verified and certified payroll records for all of its employees and those employees of Contractor’s subcontractors, as required in Exhibits H and I, entitled "Wage Requirements," and "Labor Compliance Addendum." The verified and certified payroll records submitted with each application for progress payment shall be for the same period of time as the work for which the Contractor is seeking payment. 3.3.1. The Contractor agrees that submission of the verified and certified payroll records with each application for progress payment is an express condition precedent to the City PM’s obligation to make a progress payment. The City PM is not obligated to approve or make, in whole or in part, any progress payment due the Contractor until the Contractor has submitted the required payroll records. 3.3.2. Any payment of a progress payment, in whole or in part, by the City PM despite the Contractor’s failure to submit the required payroll records in a timely manner is not a waiver of any other term or conditions contained in this Contract or a waiver of the right to withhold payment for any subsequent breach.