Common use of PROGRESS PAYMENTS AND FINAL PAYMENT Clause in Contracts

PROGRESS PAYMENTS AND FINAL PAYMENT. The Owner shall pay to the Design Professional the value of the Services, and any additional sums for approved change orders within 30 days of Owner’s receipt of a proper invoice based on the percent complete achieved against an agreed upon Schedule of Values. Invoices shall be submitted at the end of each month. Payment is not an acceptance of Design Professional’s work or waiver of any right of Owner. Final Payment shall be payable thirty days after the Services are completed and accepted by the Owner. The Owner reserves the right to check with any Sub-consultants of the Design Professional to determine the current status of indebtedness and may at its discretion make checks payable jointly to Design Professional and said sub-consultant or directly to the sub-consultant. Design Professional agrees to timely pay all of its sub-consultants and to hold the Owner harmless from any and all claims, liens, demands, losses, debts, or expenses of any nature (including reasonable attorney’s fees) incurred by Owner as a result of alleged non- payment of Design Professional’s employees, vendors, agents or sub-consultants.

PROGRESS PAYMENTS AND FINAL PAYMENT. The Owner shall pay to the Design Professional the value of the Services, and any additional sums for approved change orders within 30 days of Owner’s receipt of a proper invoice based on the percent complete achieved against an agreed upon Schedule of Values. Invoices shall be submitted at the end of each month. Payment is not an acceptance of Design Professional’s work or waiver of any right of Owner. Final Payment shall be payable thirty days after the Services are completed and accepted by the Owner. The Owner reserves the right to check with any Sub-consultants of the Design Professional to determine the current status of indebtedness and may at its discretion make checks payable jointly to Design Professional and said sub-consultant or directly to the sub-consultant. Design Professional agrees to timely pay all of its sub-consultants and to hold the Owner harmless from any and all claims, liens, demands, losses, debts, or expenses of any nature (including reasonable attorney’s fees) incurred by Owner as a result of alleged non- non-payment of Design Professional’s employees, vendors, agents or sub-consultants.