Common use of Conditions Precedent to Disbursement of Final Payment Clause in Contracts

Conditions Precedent to Disbursement of Final Payment. Submittal of the following are express conditions precedent to disbursement of the Final Payment: (i) duly completed and executed forms of Conditional or Unconditional Waivers and Releases of rights upon Final Payment of the Contractor, Subcontractors of any tier and Material Suppliers in accordance with California Civil Code §§8136 or 8138, with each of the same stating that there are, or will be, no claims for additional compensation after disbursement of the Final Payment; (ii) Operations and Maintenance manuals, separate warranties provided by any manufacturer or distributor of any materials or equipment incorporated into the Work and other close-out requirements set forth in the DSA Approved Documents; (iii) the Record Drawings; and (iv)

Appears in 1 contract

Sources: Energy Conservation Contract

Conditions Precedent to Disbursement of Final Payment. Submittal of the following are express conditions precedent to disbursement of the Final Payment: (i) duly completed and executed forms of Conditional or Unconditional Waivers and Releases of rights upon Final Payment of the Contractor, Subcontractors of any tier and Material Suppliers in accordance with California Civil Code §§8136 or 8138, with each of the same stating that there are, or will be, no claims for additional compensation after disbursement of the Final Payment; (ii) Operations and Maintenance manuals, separate warranties provided by any manufacturer or distributor of any materials or equipment incorporated into the Work and other close-out requirements set forth in the DSA Approved Documents; (iii) the Record Drawings; and (iv)) written evidence of the Contractor’s filing of the DSA Final Verified Report.

Appears in 1 contract

Sources: Contract