Applications for Payment for the Work. Applications for payment shall be submitted in detail sufficient for an audit thereof. Within twenty (20) days of receipt of the Design/Builder’s application for payment, properly prepared pursuant to Owner’s Policy, the Owner shall pay the Design/Builder the amount approved by Owner, less retainage, unless there is a dispute about the amount of compensation due to the Design/Builder.
Applications for Payment for the Work. Applications for payment and supporting information required by the Contract for Construction shall be submitted in detail sufficient for an audit thereof in accordance with Owner’s policies on the subject in effect at the time Construction Manager commences construction. Within thirty (30) business days of receipt of Construction Manager’s application for payment, properly prepared pursuant to Owner’s policies on the subject, and all required supporting information, Owner shall pay Construction Manager the amount approved by Professional, less retainage, unless there is a dispute about the amount of compensation due to Construction Manager.
Applications for Payment for the Work. Applications for payment shall be submitted in detail sufficient for an audit thereof in accordance with Owner’s policies on the subject in effect at the time Construction Manager commences construction. Payments shall be made in accordance with the times established in , Florida Statute #715.12, including each resubmittal, Owner’s Representative will either indicate in writing an approval of payment and process for payment, or return the Application to Contractor indicating in writing Owner’s Representative’s reasons for refusing to recommend payment. In the latter case, Contractor may make necessary corrections and resubmit the Application.
