Construction Payment Applications Sample Clauses

Construction Payment Applications. (i) Developer shall deliver to County, on or before the last Business Day of each full calendar month following the commencement of the applicable Phase E, an itemized invoice describing the Work in the applicable Phase E performed in the preceding month (“Construction Payment Application”), which Construction Payment Application shall constitute a representation by Developer that (i) the Work will have progressed to the point indicated by the end of the month, (ii) that the quality of the Work covered by the Construction Payment Application is in accordance with the Project Documents, (iii) that Developer is entitled to payment in the amount requested and (iv) the payment requested by Developer does not exceed the amounts paid or payable by Developer to Contractor, Design Professionals, and/or Other Contractors. Payment Applications shall show the percentage of completion of each portion of the Work as of the end of the period covered by the Construction Payment Application. The percentage of completion shall be the percentage of that portion of the Work which has actually been completed.
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Related to Construction Payment Applications

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