Periodical Estimates and Receipts Sample Clauses

The 'Periodical Estimates and Receipts' clause establishes a process for submitting and approving regular progress estimates and corresponding payment receipts during the course of a project. Typically, this clause requires the contractor to provide detailed statements of work completed within a specified period, which are then reviewed and approved by the client or project manager before payment is issued. By formalizing the timing and documentation of interim payments, this clause ensures that cash flow is maintained for the contractor while providing the client with oversight and control over project expenditures.
Periodical Estimates and Receipts. The CMR shall submit to the Design Professional and Board in accordance with a form to be supplied by the Board (specimen of which will be supplied upon request) an application (sometimes herein designated "periodical estimate") for each payment, and, if requested by the Board, Program Manager or Design Professional, receipts or other vouchers showing his payments for materials and labor, including payments to Trade Contractors, Trade Suppliers, and subcontractors.
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Periodical Estimates and Receipts. The CM/GC shall submit to the Design Professional and Program Manager in accordance with the Application for Payment form set forth in Section 7 (sometimes herein designated "periodical estimate") for each payment, and, if requested by the Owner or Design Professional and Program Manager, receipts or other vouchers showing his payments for materials and labor, including payments to Trade Contractors, Trade Suppliers, and subcontractors.
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Periodical Estimates and Receipts. The Design-Builder shall submit to the Executive Administrator and Program Manager in accordance with a form to be supplied by the Owner (specimen of which will be supplied upon request) an application (sometimes herein designated "periodical estimate") for each payment, and, if requested by the Owner or Executive Administrator and Program Manager, receipts or other vouchers showing his payments for materials and labor, including payments to Trade Contractors, Trade Suppliers, and subcontractors.
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Periodical Estimates and Receipts. Each Purchase Order shall be billed separately. The Contractor shall submit to the Architect in accordance with a form to be supplied by the Owner [specimen of which will be supplied to the Contractor on request] an application [sometimes herein designated “periodical estimate”] for each payment, and, if requested by the Owner or Architect, receipts or other vouchers, showing his payments for materials and labor, including payments to subcontractors as required by GC-37. (See also GC-32 and GC-50)
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Related to Periodical Estimates and Receipts

  • Estimates and Reconciliation of Estimates Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference between the estimate and the State's actual expenditures.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • CONTRACT SALES REPORTING Contractor shall report total Contract sales quarterly to Enterprise Services, as set forth below. (a) Contract Sales Reporting System. Contractor shall report quarterly Contract sales in Enterprise Services’ Contract Sales Reporting System. Enterprise Services will provide Contractor with a login password and a vendor number. The password and vendor number will be provided to the Sales Reporting Representative(s) listed on Contractor’s Bidder Profile. (b) Data. Each sales report must identify every authorized Purchaser by name as it is known to Enterprise Services and its total combined sales amount invoiced during the reporting period (i.e., sales of an entire agency or political subdivision, not its individual subsections). The “Miscellaneous” option may be used only with prior approval by Enterprise Services. Upon request, Contractor shall provide contact information for all authorized Purchasers specified herein during the term of the Contract. If there are no Contract sales during the reporting period, Contractor must report zero sales. (c) Due dates for Contract Sales Reporting. Quarterly Contract Sales Reports must be submitted electronically by the following deadlines for all Contract sales invoiced during the applicable calendar quarter: Quarter For Sales Made In Calendar Quarter Ending Contract Sales Report

  • ANNUAL CONTRACT SALES REPORT Contractor shall provide to Enterprise Services a detailed annual Contract sales report. Such report shall include, at a minimum, the following: ▪ The Goods and/or Services sold (including, as applicable, item number or other identifier); ▪ Per unit quantities sold; ▪ Items and volumes purchased by Purchaser; ▪ Shipment/delivery locations by Purchaser; and ▪ Contract price. This report must be provided in an electronic format that can be read by Microsoft (MS) Excel. Such report is due within thirty (30) calendar days of the annual anniversary of the effective date of this Contract.

  • Gross Receipts The entire amount of all receipts, determined on a cash basis, from (a) tenant rentals collected pursuant to tenant leases of apartment units, for each month during the term hereof; provided that there shall be excluded from tenant rentals any tenant security deposits (except as provided below); (b) cleaning, tenant security and damage deposits forfeited by tenants in such period; (c) laundry and vending machines income; (d) any and all other receipts from the operation of the Project received and relating to the period in question; (e) proceeds from rental interruption insurance, but not any other insurance proceeds or proceeds from third-party damage claims, and (f) any other sums and charges collected in connection with termination of the tenant leases. Gross Receipts also does not include the proceeds of (i) any sale, exchange, refinancing, condemnation, or other disposition of all or any part of the Project, (ii) any loans to Owner whether or not secured by all or any part of the Project, (iii) any capital expenditures or funds deposited to cover costs of operations made by Owner, and (iv) any insurance policy (other than rental interruption insurance or proceeds from third-party damage claims).