Common use of SUBSTANTIAL COMPLETION PAYMENT Clause in Contracts

SUBSTANTIAL COMPLETION PAYMENT. Upon Substantial Completion acceptance, the Customer shall make payment of retainage applying to such Work or designated portion thereof within the time provided in Section 4.4. Such payment shall be reasonably adjusted to reflect the dollar value of Work that is incomplete or not in accordance with the requirements of the Contract Documents.

Appears in 1 contract

Sources: Engineered Savings Contract

SUBSTANTIAL COMPLETION PAYMENT. Upon Substantial Completion acceptance, the Customer shall will make payment of retainage applying to such Work or designated portion thereof within the time provided in Section 4.44.3 of the Contract. Such payment shall will be reasonably adjusted to reflect the dollar value of Work that is incomplete or not in accordance with the requirements of the Contract ESPC Documents.

Appears in 1 contract

Sources: Energy Savings Performance Contract