Submission of Applications for Payment Sample Clauses

The 'Submission of Applications for Payment' clause outlines the process by which a contractor formally requests payment for work completed under a contract. Typically, this clause specifies the timing, format, and required documentation for each payment application, such as progress reports, invoices, or evidence of completed milestones. By establishing clear procedures and requirements, the clause ensures that payment requests are standardized and verifiable, reducing disputes and facilitating timely payments.
Submission of Applications for Payment. By the twenty-fifth day (25th) of each month, the Design-Builder shall submit to the Program Manager itemized Applications for Payment in the form attached hereto as Exhibit K. The Design-Builder shall submit no more than one (1) Application for Payment during each month.
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Submission of Applications for Payment. By the twenty-fifth day (25th) of each month, the CM/GC shall submit to the Design Professional itemized Applications for Payment in the form attached hereto as Exhibit K. The CM/GC shall submit no more than one (1) Application for Payment during each month.
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Submission of Applications for Payment. By the fifth day (5th) of each month, but no earlier than the first (1st) day of each month, the CM/GC shall submit to the Owner itemized Applications for Payment for the previous month. The CM/GC shall submit no more than one (1) Application for Payment during each month.
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Submission of Applications for Payment. Prior to the submission of the first Application for Payment by the Contractor, AFI’s Representative and the Contractor shall agree upon a date each month (the “Invoice Submission Date”), which shall be the same date each month, on or prior to which the Contractor shall submit, on a monthly basis, an Application for Payment in accordance with the General Conditions. Except as provided in the succeeding paragraph, in the event the Contractor fails to submit, on or prior to the 15th day following the Invoice Submission Date for any month, an Application for Payment for such month that complies with the requirements of the General Conditions, the amount of such Application for Payment AFI may reduce by one percent (1%) of the amount of such Application for Payment, without the requirement of further action by AFI or the Contractor. Such reduction in the amount of any Application for Payment shall not be recoverable by the Contractor and shall constitute instead an automatic adjustment in the Contract Price binding upon the Contractor. In the event the Contractor fails to submit, on or prior to the 30th day following the Invoice Submission Date for any month, an Application for Payment for such month that complies with the requirements of the General Conditions, AFI may reduce the amount of such Application for Payment by two (2%) of the amount of such Application for Payment, without the requirement of further action by AFI or the Contractor. Such reduction in the amount of any Application for Payment (a) shall be in lieu of, and not in addition to, the reduction provided in the preceding paragraph, and (b) shall not be recoverable by the Contractor and shall constitute instead an automatic adjustment in the Contract Price binding on the Contractor. All Applications for Payments shall be subject to review and approval by AFI’s Representative and the Contracting Officer in accordance with the General Conditions. Any determination by AFI’s Representative whether or not to recommend the issuance of a Certificate of Payment, in whole or in part, with respect to any Application for Payment shall be made in accordance with the General Conditions.
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Submission of Applications for Payment. Prior to the submission of the first Application for Payment, the Contractor and MSJ’s Representative shall agree upon a date (the “Invoice Submission Date”), which shall be on or before the 15th day of the month following that of which the Contractor shall submit an Application for Payment in accordance with the General Conditions. All Applications for Payments shall be subject to review and approval by MSJ’s Representative and the Contracting Officer in accordance with the General Conditions. Any determination by MSJ’s Representative whether or not to recommend the issuance payment, in whole or in part, with respect to any Application for Payment shall be made in accordance with the General Conditions. MSJ reserves the right to request from the Contractor any document it deems necessary in order to process any Application for Payment, including the retainage.
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Submission of Applications for Payment. Prior to the submission of the first Application for Payment by the Contractor, SOEP's Representative and the Contractor shall agree upon a date each month (the "Invoice Submission Date"), which shall be the same date each month, on or prior to which the Contractor shall submit, on a monthly basis, an Application for Payment in accordance with the General Conditions. •, requirements of the General Conditions, the amount of such Application for Payment shall be automatically reduced by one percent (1%) of the amount of such Application for Payment, without further act by SOEP or the Contractor. Such reduction in the amount of any Application for Payment shall not be recoverable by the Contractor and shall constitute instead an automatic adjustment in the Contract Price binding on the Contractor.
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Submission of Applications for Payment. Prior to the submission of the first Application for Payment, the Contractor and PRIFA's Representative shall agree upon a date (the "Invoice Submission Date"), which shall be on or before the 15th day of the month following that of which the Contractor shall submit an Application for Payment in accordance with the General Conditions.
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Submission of Applications for Payment. On or before the fifteenth -------------------------------------- (15th) day of each calendar month, Contractor shall submit an Application for Payment to Owner (one (1) original and two (2) copies for Owner) and one (1) copy of such Application for Payment to the Independent Engineer describing (a) the extent of completion of the Work for the prior calendar month and (b) any value added by Work completed in the prior calendar month with respect to which Contractor is ahead of the Payment Schedule and requesting credit pursuant to Section 4.4.2(c). Each Application for payment shall be accompanied by such supporting documentation as is required by Section 4.4 hereof. Contractor warrants that title to all work, materials and equipment covered by any Application for Payment will pass to Owner no later than the time of payment, free and clear of all liens, charges, security interests and encumbrances.
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Submission of Applications for Payment. Prior to the submission of the first Application for Payment by the Contractor, PRIFA's Representative and the Contractor shall agree upon a date each month (the "Invoice Submission Date"), which shall be the same date each month, on or prior to which the Contractor shall submit, on a monthly basis, an Application for Payment in accordance with the General Conditions. Except as provided in the succeeding paragraph, in the event the Contractor fails to submit, on or prior to the 15 day following the Invoice Submission Date for any month, an Application for Payment for such month that complies with the requirements of the General Conditions, the amount of such Application for Payment shall be automatically reduced by one percent (1%) of the amount of such Application for Payment, without further act by PRIFA or the Contractor. Such reduction in the amount of any Application for Payment shall not be recoverable by the Contractor and shall constitute instead an automatic adjustment in the Contract Price binding on the Contractor.
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Related to Submission of Applications for Payment

  • Applications for Payment 9.3.1 At least ten days before the date for each progress payment established in the State- Contractor Agreement, the Contractor shall submit to the Architect an itemized Application for Payment, notarized if required, supported by such data substantiating the Contractor's right to payment as the State or the Architect may require. The application for payment must, at a minimum, reflect retainage and the required waivers of lien and any other support documentation enumerated elsewhere in the Contract Documents. 9.3.2 Unless otherwise provided in the Contract Documents, payments will be made on account of materials or equipment not incorporated in the Work but delivered and suitably stored at the site and, if approved in advance by the State, payments may similarly be made for materials or equipment suitably stored at some other location agreed upon in writing. Payments for materials or equipment stored on or off the site shall be conditioned upon submission by the Contractor of bills of sale or such other procedures satisfactory to the State to establish the State's title to such materials or equipment or otherwise protect the State's interest, including applicable insurance and transportation to the site for those materials and equipment stored off the site. 9.3.3 The Contractor warrants that title to all Work, materials and equipment covered by an Application for Payment will pass to the State either by incorporation in the construction or upon the receipt of payment by the Contractor, whichever occurs first, free and clear of all liens, claims, security interests or encumbrances, hereinafter referred to in this Article 9 as "liens"; and that no Work, materials or equipment covered by an Application for Payment will have been acquired by the Contractor, or by any other person performing Work at the site or furnishing materials and equipment for the Project, subject to an agreement under which an interest therein or an encumbrance thereon is retained by the seller or otherwise imposed by the Contractor or such other person.

  • Application for Payment The form acceptable to Owner that is to be used by the Contractor during the course of the Work in requesting payment from the Owner and that is to be accompanied by such supporting documentation as is required by the Contract Documents.

  • Procedure for Payment Whenever a payment for fractional Rights, Preferred Shares or Common Shares is to be made by the Rights Agent pursuant to this Agreement, the Company will (i) promptly prepare and deliver to the Rights Agent a certificate setting forth in reasonable detail the facts related to such payment and the prices or formulas utilized in calculating such payments; and (ii) provide sufficient monies to the Rights Agent to make such payments. The Rights Agent will be fully protected in relying upon such certificate and will have no duty with respect thereto, and will not be deemed to have knowledge of any payment for fractional Rights, Preferred Shares or Common Shares pursuant to this Agreement unless and until the Rights Agent has received such certificate and sufficient monies.

  • Scope of Application Except as otherwise provided in this Agreement, the dispute settlement provisions of this Chapter shall apply with respect to the settlement of all disputes between the Parties regarding the interpretation or application of this Agreement, whenever a Party considers that the other Party has failed to carry out its obligations under this Agreement.

  • Request for Payment A. Not more than once every thirty days the Consultant shall send electronically to ▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ its request for payment of Exhibit A Work, accompanied by evidence satisfactory to the City justifying the request for payment, including a report of Work accomplished and tasks completed, and an itemization of Eligible Expenses with copies of receipts and invoices.