Common use of Withholding Progress Payments Clause in Contracts

Withholding Progress Payments. (1) Progress payments may be withheld for any violation or breach of a subcontract requirement such as but not limited to: (a) Failure to comply with prompt pay requirements; (b) Failure to be responsive to the Department or DPJV; or (c) Failure to comply with any subcontract provision that creates a non-compliance with the Contract. (2) Efforts by DPJV will be made to expeditiously remedy any impediments so that payments can be made as soon as possible. (3) Any payment dispute will be reflected and reported monthly in the Department’s tracking system.

Appears in 1 contract

Sources: Design Build Agreement

Withholding Progress Payments. (1) Progress payments may be withheld for any violation or breach of a subcontract requirement such as but not limited to: (a) Failure to comply with prompt pay requirements; (b) Failure to be responsive to the Department or DPJVSPC; or (c) Failure to comply with any subcontract provision that creates a non-non- compliance with the Contract. (2) Efforts by DPJV SPC will be made to expeditiously remedy any impediments so that payments can be made as soon as possible. (3) Any payment dispute will be reflected and reported monthly in the Department’s tracking system.

Appears in 1 contract

Sources: Design Build Agreement