Common use of Payment Certificates Clause in Contracts

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.. 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 18 contracts

Sources: Construction Contract, Renovation Agreement, Restructuring and Modernization Agreement

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 8 contracts

Sources: Civil Works Agreement, Restructuring and Modernization Agreement, Construction Contract

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previouslypreviously alongwith details of measurement of the quantity of works executed in a tabulated form as approved by the Engineer. 42.2 The Engineer shall check the Contractor's ’s monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance)Contractor. 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill ▇▇▇▇ of Quantities completed... 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 5 contracts

Sources: Project Agreement, Invitation for Bid (Ifb), Civil Works Agreement

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.. 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 2 contracts

Sources: Renovation Agreement, Restructuring and Modernisation Agreement

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previouslypreviously alongwith details of measurement of the quantity of works executed in a tabulated form as approved by the Engineer. 42.2 The Engineer shall check the Contractor's Contractor‟s monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance)Contractor. 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill ▇▇▇▇ of Quantities completed... 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 2 contracts

Sources: Bidding Agreement, Bidding Agreement

Payment Certificates. 42.1 40.1. The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 40.2. The Engineer shall check the Contractor's Contractor‟s monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 40.3. The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 40.4. The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 40.5. The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 40.6. The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 2 contracts

Sources: Bid Document, Bid Document

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously... 42.2 The Engineer shall check the Contractor's monthly statement and within 14 days certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.. 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 2 contracts

Sources: Construction Contract, Restructuring & Modernisation of Distribution System of Bila Tank

Payment Certificates. 42.1 The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previouslypreviously along with details of measurement of the quantity of works executed in a tabulated form as approved by the Engineer. 42.2 The Engineer shall check the details given in the Contractor's monthly statement and within 14 days certify the amount amounts to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance).month 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractor. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Construction Contract

Payment Certificates. 42.1 42.1. The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 42.2. The Engineer shall check the Contractor's monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advance). 42.3 42.3. The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 42.4. The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 42.5. The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 42.6. The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Procurement Agreement

Payment Certificates. 42.1 42.1. The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less les the cumulative amount certified previously. 42.2 42.2. The Engineer shall check the Contractor's ’s monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advanceadvance). The payment will be made according to the availability of fund. 42.3 42.3. The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 42.4. The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 42.5. The value of work executed shall include the valuation of Variations variations and Compensation Events. 42.6 42.6. The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Bidding Document

Payment Certificates. 42.1 The Contractor contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 The Engineer shall check the Contractor's ’s monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works work in the relevant amounts and under conditions set forth in subSub-clause Clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed..Completed. 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Construction Contract

Payment Certificates. 42.1 The Contractor contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less the cumulative amount certified previously. 42.2 The Engineer shall check the Contractor's ’s monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works work in the relevant amounts and under conditions set forth in sub-clause Sub- Clause 51(3) of the Contract Data (Secured Advance). 42.3 The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorEngineer. 42.4 The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed..Completed. 42.5 The value of work executed shall include the valuation of Variations and Compensation Events. 42.6 The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Tender Agreement

Payment Certificates. 42.1 42.1. The Contractor shall submit to the Engineer monthly statements of the estimated value of the work completed less les the cumulative amount certified previously. 42.2 42.2. The Engineer shall check the Contractor's ’s monthly statement and within 14 days and certify the amount to be paid to the Contractor after taking into account any credit or debit for the month in question in respect of materials for the works in the relevant amounts and under conditions set forth in sub-clause 51(3) of the Contract Data (Secured Advanceadvance). The payment will be made according to the availability of fund. 42.3 42.3. The value of work executed shall be determined by the Engineer after due check measurement of the quantities claimed as executed by the contractorManaging Director, ASTC. 42.4 42.4. The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed... 42.5 42.5. The value of work executed shall include the valuation of Variations variations and Compensation Events. 42.6 42.6. The Engineer may exclude any item certified in a previous certificate or reduce the proportion of any item previously certified in any certificate in the light of later information.

Appears in 1 contract

Sources: Construction Contract