Completion and Final Payment Sample Clauses

Completion and Final Payment. Upon the Final Completion of the Work by the Contractor, the acceptance of the Work by the University, and the release of all claims against the University and the Work by the Contractor and its subcontractors and suppliers (which releases shall be evidenced by final waivers and releases, properly recorded releases of liens, or other documents acceptable to the University), the Contractor shall file a request for Final Payment.

Completion and Final Payment. When Contractor certifies that the Work is finally complete, Contractor shall submit to the County a list of items completed or corrected. When the County determines that the Work is finally complete, a Certificate of Final Completion will be prepared establishing the date of Final Completion. If the Work is complete in full accordance with this Contract and this Contract has been fully performed, County may proceed with payment. Any guarantees or warranties, express or implied, required by the Contract or arising under law shall commence on the date of Final Completion of the Work. The Certificate of Final Completion shall be submitted to County and Contractor for their written acceptance of the responsibilities assigned to them in such certificate.

Completion and Final Payment. Upon completion of the Work, the Contractor shall forward to the Architect and the Owner a written notice that the Work is ready for final inspection and acceptance and a final Application for Payment. The Application shall be submitted in accordance with the provisions of Article 9 of the WCC General Conditions. Neither final payment nor the retained percentage shall become due until the requirements of Article 9, Section 9.9 of the WCC General Conditions are fulfilled. The Owner shall make final payment within 30 days after the date on which the requirements of Section 9.9 of the WCC General Conditions are fulfilled.

Completion and Final Payment. 5.6.1 When all of the Work is finally complete and the Contractor is ready for a final inspection, it shall notify the Owner thereof in writing. Thereupon, the Owner will make final inspection of the Work and, if the Work is complete in full accordance with this Contract and this Contract has been fully performed, the Owner’s representative will promptly issue a final Certificate for Payment certifying to the Owner that the Project is complete and the Contractor is entitled to the remainder of the unpaid Contract Price, less any amount withheld pursuant to this Contract. Guarantees required by the Contract shall commence on the date of Final Completion of the Work. If the Owner’s representative is unable to issue its final Certificate for Payment and is required to repeat its final inspection of the Work, the Contractor shall bear the cost of such repeat final inspection(s) which cost may be deducted by the Owner from the Contractor's final payment. 5.6.2 The Contractor shall not be entitled to final payment unless and until it submits to the Owner all documents required by the Contract, including, but not limited to, its affidavit that all payrolls, invoices for materials and equipment, and other liabilities connected with the Work for which the Owner, or the Owner's property might be responsible, have been fully paid or otherwise satisfied; releases and waivers of lien from all Subcontractors of the Contractor and of any and all other parties required by the Owner; consent of Surety, if any, to final payment. If any third party fails or refuses to provide a release of claim or waiver of lien as required by the Owner, the Contractor shall furnish a bond satisfactory to the Owner to discharge any such lien or indemnify the Owner from liability. 5.6.3 The Owner shall make final payment of all sums due the Contractor within thirty (30) days of the Owner’s representative’s execution of a final Certificate for Payment. 5.6.4 Acceptance of final payment shall constitute a waiver of all claims against the Owner by the Contractor except for those claims previously made in writing against the Owner by the Contractor, pending at the time of final payment, and identified in writing by the Contractor as unsettled at the time of its request for final payment.

Completion and Final Payment. 5.6.1 When all of the Work is finally complete and the Contractor is ready for a final inspection, it shall notify the Owner and the Architect thereof in writing. Thereupon, the Architect will make final inspection of the Work and, if the Work is complete in full accordance with this Contract and this Contract has been fully performed, the Architect will promptly issue a final Certificate for Payment certifying to the Owner that the Project is complete and the Contractor is entitled to the remainder of the unpaid Contract Price, less any amount withheld pursuant to this Contract. If the Architect is unable to issue its final Certificate for Payment and is required to repeat its final inspection of the Work, the Contractor shall bear the cost of such repeat final inspection(s) which cost may be deducted by the Owner from the Contractor's final payment. 5.6.1.1 If the Contractor fails to achieve final completion within the time fixed therefor by the Architect in its Certificate of Substantial Completion, the Contractor shall pay the Owner the sum set forth hereinabove as liquidated damages per day for each and every calendar day of unexcused delay in achieving final completion beyond the date set forth herein for final completion of the Work. Any sums due and payable hereunder by the Contractor shall be payable, not as a penalty, but as liquidated damages representing an estimate of delay damages likely to be sustained by the Owner, estimated at or before the time of executing this Contract. When the Owner reasonably believes that final completion will be inexcusably delayed, the Owner shall be entitled, but not required, to withhold from any amounts otherwise due the Contractor an amount then believed by the Owner to be adequate to recover liquidated damages applicable to such delays. If and when the Contractor overcomes the delay in achieving final completion, or any part thereof, for which the Owner has withheld payment, the Owner shall promptly release to the Contractor those funds withheld, but no longer applicable, as liquidated damages. 5.6.2 The Contractor shall not be entitled to final payment unless and until it submits to the Architect its affidavit that all payrolls, invoices for materials and equipment, and other liabilities connected with the Work for which the Owner, or the Owner's property might be responsible, have been fully paid or otherwise satisfied; releases and waivers of lien from all Subcontractors of the Contractor and of any and al...

Completion and Final Payment. Upon receipt of written notice from the Contractor that the Work is fully completed and ready for final inspection and acceptance, and upon receipt of a final application for Payment, the City will promptly make such inspection and, when the City finds the Work acceptable under the Contract Documents and the Contract fully performed, the City will make final payment to the Contractor in accordance with the City-Contractor Agreement.

Completion and Final Payment. 8.5.1 When the Contractor has completed or corrected all items on the final Punch List and considers that the Work is complete and ready for final acceptance, the Contractor must give written notice to the City and request a final inspection of the Work. The Contractor’s notice and request for a final inspection must be accompanied by a final Application for Payment and the Submittals required by Section 8.5.3. 8.5.2 Upon receipt of the Contractor’s notice and request for final inspection, the City will promptly make such inspection and, when the City concurs that the Work has been fully completed and is acceptable under the Contract Documents, the City’s Engineer will issue a Certificate of Final Completion to the City. The Contractor’s notice and request for final inspection constitutes a representation by the Contractor to the City that the Work has been completed in full and strict accordance with terms and conditions of the Contract Documents. The Contractor will be promptly notified if the City does not concur that the Work is finally complete. In such case, the Contractor must bear the cost of any additional services of the City until the Work is determined to be finally complete. 8.5.3 Neither final payment nor any remaining retained percentage will become due until the Contractor submits the following documents to the City: 1. An Affidavit that all payrolls, bills for materials and equipment, and other indebtedness incurred in connection with the execution and completion of the Work for which the City or its property might in any way be responsible, have been paid or otherwise satisfied; 2. Consent of the surety, if applicable, to final payment; 3. An affidavit stating the Contractor has fully complied with the provisions and requirements of the Prevailing Wage Law, Section 290.210 through 290.340 RSMo., as amended; and 4. If required by the City, other data establishing payment or satisfaction of all such obligations, such as receipts and releases arising out of the Contract, to the extent and in such form as may be designated by the City. If any Subcontractor refuses to furnish a release or waiver required by the City, the Contractor may furnish a bond satisfactory to the City indemnifying the City against any liability relating to such Subcontractor. If any such claimed liability remains unsatisfied after all payments are made, the Contractor shall refund to the City all moneys that the City incurs or may be compelled to pay in discharging such...

Completion and Final Payment. 5.5.1 When all of the Work is finally complete and the Contractor is ready for a final inspection, the Contractor shall notify the City thereof in writing. Thereupon, the City will make final inspection of the Work and, if the Work is complete in full accordance with this Contract and this Contract has been fully performed, the Contractor is entitled to the remainder of the unpaid Contract Price as hereinafter provided in Subparagraph 5.5.

Completion and Final Payment. Final payment shall be made by Owner upon accomplishment of completion, Net 30 days after receipt of invoice.