Payment Certificates. The payment to the contractor will be as follows for construction work: (a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed. (b) The Engineer shall check the Contractor's monthly statement and certify the amount to be paid to the Contractor. (c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge. (d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed. (e) The value of work executed shall also include the valuation of Variations and Compensation Events. (f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law. (g) 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. (h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed. (i) Intermediate payment shall not preclude the requiring of bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim. (j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Appears in 15 contracts
Sources: Tender Agreement, Tender Agreement, Tender Agreement
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's ’s monthly statement and certify the amount to be paid to the Contractor.
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) 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.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim.
(j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Appears in 2 contracts
Sources: Construction Contract, Construction Contract
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's monthly statement and certify the amount to be paid to the Contractor.
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) 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 lightof later information.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of requiringof bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claimanyclaim.
(j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Appears in 1 contract
Sources: Tender Agreement
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's monthly statement and certify the amount to be paid to the Contractor.
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) 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 lightof later information.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of requiringof bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be orbe considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim.
(j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Appears in 1 contract
Sources: Construction Contract
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's ’s monthly statement and certify the amount to be paid to the Contractor.. P45F46
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) 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.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim.
(j) The payment of final bill shall be governed by the provisions of clause 36 of GCC.
Appears in 1 contract
Sources: Tender Document
Payment Certificates. The payment to the contractor will be as follows for construction work:
(a) The Contractor shall submit to the Engineer monthly statements of the value of the work executed less the cumulative amount certified previously, supported with detailed measurement of the items of work executed.
(b) The Engineer shall check the Contractor's monthly statement and certify the amount to be paid to the Contractor.
(c) The value of work executed shall be determined, based on the measurements approved by the Engineer/ Engineer-in-charge.
(d) The value of work executed shall comprise the value of the quantities of the items in the Bill ▇▇▇▇ of Quantities completed.
(e) The value of work executed shall also include the valuation of Variations and Compensation Events.
(f) All payments shall be adjusted for deductions for advance payment, security deposit, other recoveries in terms of contract and taxes at source as applicable under the law.
(g) 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.
(h) Payment of intermediate certificate shall be regarded as payments by way of advance against the final payment and not as payments for work actually done and completed.
(i) Intermediate payment shall not preclude the requiring of bad, unsound and imperfect or unskilled work to be removed and taken away and reconstructed or be considered as an admission of the due performance of the contractor any part thereof, in any respect or the occurring of any claim.
(j) The payment of final bill ▇▇▇▇ shall be governed by the provisions of clause 36 of GCC.
Appears in 1 contract
Sources: Contract Agreement