Progress Payment Applications Clause Samples

Progress Payment Applications of the General Conditions shall bear interest at the rate that was in place at the time of the execution of the project. The interest rate shall be determined by the interest rate paid by Bank of America, Minden branch on a certificate of deposit time deposit.

Progress Payment Applications. Each progress payment application submitted to the Village must include: 3.4.1. A sworn and certified progress payment affidavit indicating that all laborers, material suppliers, and subcontractors dealing with the Contractor were paid in full as it relates to all Work performed up to the time of the request for payment; 3.4.2. Partial conditional releases or waivers of lien by the Contractor, material suppliers, subcontractors, and any lienors serving a Notice to the Village and evidence of proof of payment of any indebtedness incurred with respect to the Work of the Contractor as may be required by the Village; 3.4.3. Evidence that all Work was fully performed as required by the Contract Documents up to the time of the request for payment and that the Work was inspected and accepted by the Village and any other governmental authorities required to inspect the Work; and 3.4.4. An updated Project schedule, including a two-week look-ahead schedule, as approved in writing by the Village Manager. 3.4.5. All Buy-Out Savings, including supporting documentation relating to the calculation of the Buy-Out Savings.

Progress Payment Applications. Within fifteen (15) days after the completion of each milestone in the Payment Schedule for which Artist seeks payment (except for final payment), Artist shall submit to CCGJ a progress payment application, which shall be dated and numbered and shall: (a) Identify all milestones completed by Artist, the milestone for which payment is sought, the date Artist completed the milestone for which payment is sought, the amount previously paid by CCGJ for Work under this Agreement, the amount sought by Artist in the payment application; (b) Confirm that all required insurance is being maintained; and (c) At CCGJ and/or City’s reasonable discretion and request, include such other documentation, proving payment of, and the absence of payment disputes involving, the subcontractors and vendors of Artist.

Progress Payment Applications. The Contractor shall submit applications for payment as provided for herein. Applications for payment will be processed by City's Representative. Before the first Application for Payment, the Contractor shall submit to the City a schedule of values allocated to various portions of the Work, prepared in such form and supported by such data to substantiate its accuracy as the City may require. This schedule, unless objected to by the City, shall be used as a basis for reviewing the Contractor’s Applications for Payment. On or before the 15th day of each month, the Contractor shall submit to City's Representative, for approval or modification, a statement showing as completely as practicable the total value of the actual work performed by the Contractor and accepted by the City up to and including the last day of the preceding month. The statement shall also include the value of all materials not previously submitted for payment which have been delivered to the site but have not yet been incorporated into the work.

Progress Payment Applications. The Contractor shall submit applications for payment as provided for herein. Applications for payment will be processed by City's Representative. Before the first Application for Payment, the Contractor shall submit to the City a schedule of values allocated to various portions of the Work, prepared in such form and supported by such data to substantiate its accuracy as the City may require (“Schedule of Values”). The Schedule of Values shall not overvalue early job activities and shall follow the trade divisions of the Specifications so far as possible. Modifications must be approved by City. This schedule, unless objected to by the City, shall be incorporated into this Agreement as a Contract Document and attached hereto as Exhibit

Progress Payment Applications. (a) The Contractor shall submit applications for payment as provided for herein. Applications for payment will be processed by City’s Representative. On or before the first day of each month, the Contractor shall submit to City’s Representative, for approval or modification, a completed Payment Requisition Certificate on the form attached hereto and incorporated herein for all purposes as Exhibit A, accompanied by a statement showing as completely as practicable the total value of the actual work performed by the Contractor and accepted by the City up to and including the last day of the preceding month. The statement shall also include the value of all materials not previously submitted for payment that have been delivered to the site but have not yet been incorporated into the work. The Contractor shall, except for retainage withheld (if any) as provided in the subcontracts, promptly pay its Subcontractors and providers of services, materials and equipment. The City Representative or the Architect may require proof of payment by the Contractor, any Subcontractor or materialman, and waivers/releases of liens from the Contractor and Subcontractors prior to any progress payment to the Contractor. (b) The Engineer shall review each Payment Requisition Certificate and certify it for payment, as appropriate, prior to it being submitted to the City Representative. The Engineer may refuse to certify payment in whole or in part either on its own or because of the Contractor's or City's failure to concur therewith, provided that such certification shall not be unreasonably withheld. If agreement is not reached as to a revised amount to be certified for payment, payment shall be issued for the undisputed amount. The Engineer’s approval of a Payment Requisition Certificate, or part thereof, shall be a representation that such payment request and amount is reasonable and not inconsistent with the work completed. The City Representative may require additional review and approval of any Payment Requisition Certificate by the Architect and/or the Governing Body, prior to approval and payment by the City. Upon certification by the City, such application shall be paid to the Contractor. (c) Contractor's application for payment and execution of a Payment Requisition Certificate shall constitute a warranty by the Contractor that all work for which Payment Requisition Certificates have been previously issued and payment received is free and clear of all liens, claims, securi...

Progress Payment Applications. The Contractor shall submit applications for payment as provided for herein. Applications for payment will be processed by City's Representative. Before the first Application for Payment, the Contractor shall submit to the City a schedule of values allocated to various portions of the Work, prepared in such form and supported by such data to substantiate its accuracy as the City may require. This schedule, unless objected to by the City, shall be used as a basis for reviewing the DocuSign Envelope ID: E664D4D2-A1BE-40E6-B775-B52337A89F46 DocuSign Envelope ID: 99F4B787-66E4-4283-BCC4-387B27DE8B50 Contractor’s Applications for Payment. On or before the 15th day of each month, the Contractor shall submit to City's Representative, for approval or modification, a statement showing as completely as practicable the total value of the actual work performed by the Contractor and accepted by the City up to and including the last day of the preceding month. The statement shall also include the value of all materials not previously submitted for payment which have been delivered to the site but have not yet been incorporated into the work.

Progress Payment Applications. Each progress payment application submitted to the City must include: 3.4.1. A sworn and certified progress payment affidavit indicating that all laborers, material suppliers, and subcontractors dealing with the Contractor were paid in full as it relates to all Work performed up to the time of the request for payment; 3.4.2. Partial conditional releases or waivers of lien by the Contractor, material suppliers, subcontractors, and any lienors serving a Notice to the City and evidence of proof of payment of any indebtedness incurred with respect to the Work of the Contractor as may be required by the City; 3.4.3. Evidence that all Work was fully performed as required by the Contract Documents up to the time of the request for payment and that the Work was inspected and accepted by the City and any other governmental authorities required to inspect the Work; and 3.4.4. An updated Project schedule, including a two-week look-ahead schedule, as approved in writing by the City Manager. 3.4.5. All Buy-Out Savings, including supporting documentation relating to the calculation of the Buy-Out Savings.