Common use of APPLICATIONS FOR PROGRESS PAYMENT Clause in Contracts

APPLICATIONS FOR PROGRESS PAYMENT. 1 Add to the end of paragraph 5.2.7 the following new sentence: Any Products delivered to the Place of the Work but not yet incorporated into the Work shall remain at the risk of the Contractor notwithstanding that title has passed to the Owner pursuant to General Condition 13.1 - OWNERSHIP OF MATERIALS.

Appears in 1 contract

Sources: Amendment to Agreement

APPLICATIONS FOR PROGRESS PAYMENT. 1 Add to the end of paragraph 5.2.7 the following new sentenceGC 5.2.7, as follows: “Any Products delivered to the Place of the Work but not yet incorporated into the Work shall remain at the risk of the Contractor notwithstanding that title has passed to the Owner pursuant to General Condition 13.1 - OWNERSHIP OF MATERIALS.”

Appears in 1 contract

Sources: Supplementary Agreement