Common use of Requisitions for Payment Clause in Contracts

Requisitions for Payment. 42.7.1 Requisitions for payment may be submitted as the work progresses, but not more often than once a month. Requisitions shall be in the authorized form and shall set forth the services performed by the Construction Manager and the total amount of partial payment requested. The Construction Manager shall submit one original and two copies of each requisition for payment, which requisition shall consist of not less than that required under this Agreement in a form of requisition acceptable to the Director and verified by the Construction Manager, with an affidavit and waiver of lien by each Subcontractor to be paid pursuant to the requisition and by the Construction Manager, with verified payroll reports from each Subcontractor and from the Construction Manager, and with those regulatory documents pertinent to the Work for the period, such as waste manifests. The total amount of partial payment requested shall be broken down into the following categories, to the extent the category applies to the payment period: (1) Fee for Profit; (2) Construction Work; (3) Staffing Expenses; (4) Miscellaneous Expenses, and (5) Additional Services. Requisitions for payment shall be accompanied by the documentation set forth below.