Common use of Submission of Schedules Clause in Contracts

Submission of Schedules. The schedules set forth below shall be included in the Contract Price Proposal: A. A progress schedule indicating the times (numbers of days or dates) for starting and completing the various stages of the Work, including the Scheduled Substantial Completion Date upon which the proposal and progress schedule is based; B. A schedule of Submittals which will list each required Submittal and the times for submitting, reviewing and processing each Submittal; C. A Progress Payment Schedule for all of the Work which will include quantities and prices of items which when added together equal the Contract Price and subdivides the Work into component parts in sufficient detail to serve as the basis for progress payments during performance of the Work. Such prices will include an appropriate amount of overhead and profit applicable to each item of Work; and D. A cash flow projection estimating that portion of the Contract Price to be due during each month of performance.

Submission of Schedules. A. The schedules set forth below shall be included in the Contract Price Proposal: A. 1. A progress schedule indicating the times (numbers of days or dates) for starting and completing the various stages of the Work, including the Scheduled Substantial Completion Date upon which the proposal and progress schedule is based; B. 2. A schedule of Submittals which will list each required Submittal and the times for submitting, reviewing and processing each Submittal; C. 3. A Progress Payment Schedule for all of the Work which will include quantities and prices of items which when added together equal the Contract Price and subdivides the Work into component parts in sufficient detail to serve as the basis for progress payments during performance of the Work. Such prices will include an appropriate amount of overhead and profit applicable to each item of Work; and D. 4. A cash flow projection estimating that portion of the Contract Price to be due during each month of performance.