Common use of Schedule of Payments Clause in Contracts

Schedule of Payments. If the Contract includes a Schedule of Payments specifying the installments in which the Contract Price will be paid, then unless otherwise stated in this Schedule: (a) the instalments quoted in the Schedule of Payments shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Clause 14.3 [Application for Interim Payments], subject to Sub-Clause 14.5 [Plant and Materials intended for the Works]; and (b) if these instalments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less than that on which the Schedule of Payments was based, then the Contract Awarder may proceed in accordance with Sub-Clause 3.5 [Determinations] to agree or determine revised instalments, which shall take account of the extent to which progress is less than that on which the instalments were previously based. If the Contract does not include a Schedule of Payments, the Contractor shall submit non­binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, until the Taking-Over Certificate has been issued for the Works.

Schedule of Payments. If the Contract includes a Schedule schedule of Payments payments specifying the installments in which the Contract Price will be paid, then unless otherwise stated in this Scheduleschedule: (a) the instalments installments quoted in the Schedule this schedule of Payments payment shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Clause 14.3 [Application for Interim PaymentsPayment Certificates], subject to , (b) Sub-Clause 14.5 [Plant and Materials intended for the Works]] shall not apply; and (bc) if these instalments installments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less than that on which the Schedule this schedule of Payments payments was based, then the Contract Awarder Engineer may proceed in accordance with per Sub-Clause 3.5 [Determinations] to agree or determine revised instalmentsinstallments, which shall take account of the extent to which progress is less than that on which the instalments installments were previously based. If the Contract does not include a Schedule schedule of Paymentspayments, the Contractor contractor shall submit non­binding non-binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, intervals until the Taking-Over Certificate has been issued for the Works.

Schedule of Payments. If the Contract includes a Schedule schedule of Payments payments specifying the installments instalments in which the Contract Price will be paid, then unless otherwise stated in this Scheduleschedule: (a) the instalments quoted in the Schedule this schedule of Payments payments shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Clause 14.3 [Application for Interim PaymentsPayment Certificates], subject to ; (b) Sub-Clause 14.5 [Plant and Materials intended for the Works]] shall not apply; and (bc) if these instalments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less or more than that on which the Schedule this schedule of Payments payments was based, then the Contract Awarder Engineer may proceed in accordance with Sub-Clause 3.5 [Determinations] to agree or determine revised instalments, which shall take account of the extent to which progress is less or more than that on which the instalments were previously based. If the Contract does not include a Schedule schedule of Paymentspayments, the Contractor shall submit non­binding non-binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, until the Taking-Over Certificate has been issued for the Works.

Schedule of Payments. If the Contract includes a Schedule of Payments specifying the installments instalments in which the Contract Price will be paid, then then, unless otherwise stated in this Schedule: (a) the instalments quoted in the Schedule of Payments shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Sub-Clause 14.3 [Application for Interim PaymentsPayment Certificates], subject to ; (b) Sub-Clause 14.5 14.4 [Plant and Materials intended for the Works]] shall not apply; and (bc) if these instalments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less than that on which the Schedule of Payments was based, then the Contract Awarder Engineer may proceed in accordance with Sub-Clause 3.5 [Determinations] to agree or determine revised instalments, which shall take account of the extent to which progress is less than that on which the instalments were previously based. If the Contract does not include a Schedule of Payments, the Contractor shall submit non­binding non-binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, until the Taking-Over Certificate has been issued for the Works.

Schedule of Payments. If the Contract includes a Schedule schedule of Payments payments specifying the installments in which the Contract Price will be paid, then unless otherwise stated in this Schedule: (a) schedule: the instalments quoted in the Schedule this schedule of Payments payment shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Clause 14.3 [Application for Interim PaymentsPayment Certificates], subject to Sub-Clause 14.5 [Plant and Materials intended for the Works]] shall not apply; and (b) and if these instalments installments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less than that on which the Schedule this schedule of Payments payments was based, then the Contract Awarder Engineer may proceed in accordance with Sub-Clause 3.5 [Determinations] to agree or determine revised instalmentsinstallments, which shall take account of the extent to which progress is less than that on which the instalments installments were previously based. If the Contract does not include a Schedule schedule of Paymentspayments, the Contractor shall submit non­binding non-binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, until the Taking-Over Certificate has been issued for the Works.

Schedule of Payments. If the Contract includes a Schedule schedule of Payments payments specifying the installments instalments in which the Contract Price will be paid, then unless otherwise stated in this Schedule: schedule: (a) the instalments quoted in the Schedule this schedule of Payments payments shall be the estimated contract values for the purposes of sub-paragraph (a) of Sub-Clause GCC 14.3 [Application for Interim PaymentsPayment Certificates], subject to Sub-Clause ; (b) GCC 14.5 [Plant and Materials intended for the Works]] shall not apply; and and (bc) if these instalments are not defined by reference to the actual progress achieved in executing the Works, and if actual progress is found to be less or more than that on which the Schedule this schedule of Payments payments was based, then the Contract Awarder Project Manager may proceed in accordance with Sub-Clause GCC 3.5 [Determinations] to agree or determine revised instalments, which shall take account of the extent to which progress is less than that on which the instalments were previously based. If the Contract does not include a Schedule schedule of Paymentspayments, the Contractor shall submit non­binding non-binding estimates of the payments which he expects to become due during each quarterly period. The first estimate shall be submitted within 42 days after the Commencement Date. Revised estimates shall be submitted at quarterly intervals, until the Taking-Over Certificate has been issued for the Works.