Proper disbursement. Payments by UGAA shall in all cases be applied by Design-Builder solely to accounts pertaining to this Project. Before Design-Builder may allocate funds paid for its own use and purposes, it must first disburse amounts received from UGAA to all Subcontractors whose Work is included in amounts applied for by Design-Builder.
Appears in 3 contracts
Sources: Standard Form of Agreement, Design Build Agreement, Construction Contract
Proper disbursement. Payments by UGAA shall in all cases be applied by Design-Builder Contractor solely to accounts pertaining to this Project. Before Design-Builder Contractor may allocate funds paid for its own use and purposes, it must first disburse amounts received from UGAA to all Subcontractors whose Work is included in amounts applied for by Design-BuilderContractor.
Appears in 1 contract
Sources: Construction Contract