Common use of CERTIFICATES FOR PAYMENT Clause in Contracts

CERTIFICATES FOR PAYMENT. The Architect will, within seven days after receipt of the Contractor’s Application for Payment, either (1) issue to the Owner a Certificate for Payment in the full amount of the Application for Payment, with a copy to the Contractor; (2) issue to the Owner a Certificate for Payment for such amount as the Architect determines is properly due, and notify the Contractor and Owner in writing of the Architect’s reasons for withholding certification in part; or (3) withhold certification of the entire Application for Payment, and notify the Contractor and Owner of the Architect’s reason for withholding certification in whole. If certification or notification is not made within such seven day period, the Contractor may, upon seven additional days’ written notice to the Owner and Architect, stop the Work until payment of the amount owing has been received. The Contract Time and the Contract Sum shall be equitably adjusted due to the delay.

Appears in 9 contracts

Sources: Standard Short Form of Agreement Between Owner and Contractor, Standard Short Form of Agreement Between Owner and Contractor, Standard Short Form of Agreement Between Owner and Contractor

CERTIFICATES FOR PAYMENT. The Architect will, within seven days after receipt of the Contractor’s Application for Payment, either (1) issue to the Owner LOCCC a Certificate for Payment in the full amount of the Application for Payment, with a copy to the Contractor; (2) issue to the Owner LOCCC a Certificate for Payment for such amount as the Architect determines is properly due, and notify the Contractor and Owner LOCCC in writing of the Architect’s reasons for withholding certification in part; or (3) withhold certification of the entire Application for Payment, and notify the Contractor and Owner LOCCC and the Town of the Architect’s reason for withholding certification in whole. If certification or notification is not made within such seven seven-day period, the Contractor may, upon seven additional days’ written notice to the Owner LOCCC and Architect, stop the Work until payment of the amount owing has been received. The Contract Time and the Contract Sum shall be equitably adjusted due to the delay.

Appears in 1 contract

Sources: Standard Short Form of Agreement Between Owner and Contractor

CERTIFICATES FOR PAYMENT. The Architect will, within seven days after receipt of the Contractor’s Application for Payment, either (1) issue to the Owner a Certificate for Payment in the full amount of the Application for Payment, with a copy to the Contractor; (2) issue to the Owner a Certificate for Payment for such amount as the Architect determines is properly due, and notify the Contractor and Owner in writing of the Architect’s reasons for withholding certification in part; or (3) withhold certification of the entire Application for Payment, and notify the Contractor and Owner of the Architect’s reason for withholding certification in whole. If certification or notification is not made within such seven day period, thirty (30) days after receipt by the Architect, the Contractor may, upon seven (7) additional days’ written notice to the Owner and Architect, stop the Work until payment of the amount owing has been received. certification or notice is provided. The Contract Time and the Contract Sum shall be equitably reasonably adjusted due to the delaydelay.delay in accordance with Section 11.4.

Appears in 1 contract

Sources: Standard Short Form of Agreement Between Owner and Contractor