Common use of Applications for Payments Clause in Contracts

Applications for Payments. 1. At least 20 days before the date established in the Agreement for each progress payment (but not more often than once a month), Contractor shall submit to Engineer for review an Application for Payment filled out and signed by Contractor covering the Work completed as of the date of the Application and accompanied by such supporting documentation as is required by the Contract Documents. If payment is requested on the basis of materials and equipment not incorporated in the Work but delivered and suitably stored at the Site or at another location agreed to in writing, the Application for Payment shall also be accompanied by a ▇▇▇▇ of sale, invoice, or other documentation warranting that Owner has received the materials and equipment free and clear of all Liens, and evidence that the materials and equipment are covered by appropriate property insurance, a warehouse bond, or other arrangements to protect Owner’s interest therein, all of which must be satisfactory to Owner. 2. Beginning with the second Application for Payment, each Application shall include an affidavit of Contractor stating that all previous progress payments received on account of the Work have been applied on account to discharge Contractor’s legitimate obligations associated with prior Applications for Payment. 3. The amount of retainage with respect to progress payments will be as stipulated in the Agreement.

Applications for Payments. 1. At least 20 days before the date established in the Agreement for each progress payment (but not more often than once a month), Contractor CONTRACTOR shall submit to Engineer ENGINEER for review an Application for Payment filled out and signed by Contractor CONTRACTOR covering the Work completed as of the date of the Application and accompanied by such supporting documentation as is required by the Contract Documents. If I f payment is requested on the basis of materials and equipment not incorporated in the Work but delivered and suitably stored at the Site or at another location agreed to in writing, the Application for Payment shall also be accompanied by a ▇▇▇▇ b ill of sale, invoice, or other documentation warranting that Owner OWNER has received the materials and equipment free and clear of all Liens, Liens and evidence that the materials and equipment are covered by appropriate property insurance, a warehouse bond, insurance or other arrangements to protect OwnerOWNER’s interest therein, all of which must be satisfactory to OwnerOWNER. 2. Beginning with the second Application for Payment, each Application shall include an affidavit of Contractor CONTRACTOR stating that all previous progress payments received on account of the Work have been applied on account to discharge ContractorCONTRACTOR’s legitimate obligations associated with prior Applications for Payment. 3. The amount of retainage with respect to progress payments will be as stipulated in the Agreement.