PAYMENT FOR WORKS Clause Samples

The 'Payment for Works' clause defines the terms and conditions under which a contractor or service provider will be compensated for the completion of specified tasks or deliverables. Typically, this clause outlines the payment schedule, such as milestone payments or payments upon completion, and may specify the method and timing of payments, as well as any documentation required to trigger payment, like invoices or progress reports. Its core function is to ensure both parties have a clear understanding of when and how payments will be made, thereby reducing the risk of disputes and ensuring financial predictability throughout the project.
PAYMENT FOR WORKS. .1 The City is not responsible for financing any of the costs of the Works. .2 For greater certainty, all the land will be included in the Specified Charge calculation unless the General Manager, Engineering in their sole discretion agrees in writing that a portion of the land is not able to be developed. .3 The Specified Charge shall be pro-rated for any portion of land not equal to one (1.0) hectare. .4 Until the Specified Charge is paid, Council, an Approving Officer, a building inspector or other municipal authority is not obligated to: (i) approve a subdivision plan, strata plan, building permit, development permit, development variance permit or zoning bylaw necessary for the development of real property of the Owners within the Benefiting Area; or (ii) do any other thing necessary for the development of real property of the Owners in the Benefiting Area. .5 In consideration of the completion of the Works by the Developer, to the satisfaction of the General Manager, Engineering, without incurring any cost to the City, the City agrees to collect from the Owners within the Benefiting Area the Specified Charge for each subdivision or building permit on or before the date when the Development Cost Charges are payable, pursuant to the Development Cost Charge Bylaw up to the Maximum Amount Owing within the Benefiting Area. .6 The City agrees to reimburse the Developer up to the Maximum Amount Owing the Specified Charge collected pursuant to this Agreement as follows: (a) to the extent the Specified Charge has been collected from any Owners at the then prevailing Specified Charge rate; (b) the City shall only be obligated to pay to the extent the City actually receives the Specified Charge from the Owners; and (c) the City shall remit the amounts actually received twice each calendar year to the Developer and the City shall have no further obligation to the Developer to make any payment pursuant to this Agreement. .7 Subject to Section 3.6 the City shall pay the Developer at the address of the Developer as set forth hereinbefore or at such other address as the Developer shall provide by registered mail. If the said payments are returned to the City unclaimed by the Developer and if the City is unable to locate the Developer after all reasonable efforts, then the City shall hold all monies collected until the expiry of this Agreement. After the expiry of this Agreement, the City shall retain all such unclaimed funds forever. .8 In the event of the assignment...
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PAYMENT FOR WORKS. 1 Each of the Owners shall pay the Specified Charge to the City on or before the date when the Development Cost Charges pursuant to the Development Cost Charge By-law are payable.
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PAYMENT FOR WORKS. The Contractor shall be paid for every completed miles stones claimed only safte cerification by the engineer –in-charge such sum or price of the work executed.
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PAYMENT FOR WORKS. 1 The City is not responsible for financing any of the costs of the Works.
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PAYMENT FOR WORKS. The Developer shall pay for construction of the Works as set out in Schedule “C”. The estimated values of the Works will be revised upon completion of the design. If the revised estimate is above the value set out in Schedule “B”, the Developer shall deposit additional funds or Securities with the Township within ten (10) days of request by the Township.
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PAYMENT FOR WORKS. Subject to this Agreement, RQ will pay the Provider the Fee for the Works performed. Any amounts paid by RQ to the Provider are payments on account only and will not constitute acceptance by RQ of all or any part of the Works.
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Related to PAYMENT FOR WORKS

  • PAYMENT FOR WORK The H-GAC Customer is responsible for making payment to the Contractor upon delivery and acceptance of the goods or completion of the services and submission of the subsequent invoice.

  • Payment for Working Overtime (a) For all work done outside ordinary hours, the rates of pay will be time and a half for the first two hours and double time thereafter. (b) Except as provided in clause 8.4, in computing overtime each day’s work will stand alone. (c) To avoid doubt, overtime provisions for shift workers are contained in clause 10.7.

  • Payment for Overtime 1. Except as provided in 2.C.3., below, overtime shall be compensated at one and one-half (1 1/2) times the regular rate. 2. Except as provided in 2.C.3., below, for all regular, limited-term and probationary employees, overtime may be converted to compensatory time or paid for at the option of the agency/department. Consideration shall be given to effectuating the wishes of employees. The maximum number of CTO hours which may be accrued by any employee is eighty (80). If an employee accrues 80 hours of CTO, he/she cannot accrue additional CTO until he/she uses some of the hours in his/her bank; instead, employees will be paid for all overtime work performed in excess of that amount. 3. Overtime hours worked by extra help employees shall be paid. 4. Compensatory time earned and accrued by an employee in excess of thirty-two (32) hours may be scheduled off for an employee by his or her agency/department; however, consideration shall be given to effectuating the wishes of those employees requesting specific compensatory time off periods. 5. No scheduled compensatory time off will be cancelled except in cases of emergency. 6. In no case may an employee's work schedule be changed during the workweek when the purpose of such change is to avoid overtime compensation. 7. Time worked as overtime shall not be used to earn fringe benefits or to serve out probation or merit increase periods. Compensatory time off may be used as part of the established workweek to earn fringe benefits and to serve out probationary and merit increase periods. 8. An employee separating from the County service shall be paid for accumulated compensatory time in a lump sum payment.

  • Payment for Improvements If payment is made directly to contractors, Tenant shall (i) comply with Landlord's requirements for final lien releases and waivers in connection with Tenant's payment for work to contractors, and (ii) sign Landlord's standard contractor's rules and regulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord an amount equal to five percent of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order any work directly from Landlord, Tenant shall reimburse Landlord for Landlord's reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord's review of such work.

  • Payment for Services Agency and Contractor agree: A. Actual total payments will be based upon the amount of service authorized by the Agency and the amount of authorized service performed by the Contractor. It is understood and agreed by all parties that the Agency assumes no obligation to purchase from the Contractor any minimum amount of services as defined in the terms of this contract. B. Due to the Agency’s funding source restrictions, the Contractor shall submit to the Agency final claims for reimbursement under this contract no later than fifteen