Common use of Draft Application Clause in Contracts

Draft Application. On or about the 25th of each month, the Design-Builder shall submit to the Owner, a report on the current progress of the Work as compared to the Design-Builder’s Construction Schedule, and a draft, itemized Application for Payment for work performed during the prior calendar month. This draft shall not constitute a payment request or formal Application for Payment. The Design-Builder and, Owner shall confer regarding the current progress of the Work and the amount of payment to which the Design-Builder is entitled. The Owner may request the Design-Builder to provide data substantiating the Design-Builder’s right to payment, such as copies of requisitions from the Architect, Consultants, Contractors, and material suppliers, and shall reflect retainage as provided elsewhere in the Design-Build Documents. The Design-Builder shall not be entitled to make a payment request, nor is any payment due the Design-Builder, until such data is furnished. As provided in Section 6.3.9, Applications for Payment may include requests for payment on account of changes in the Work that have been properly authorized by Change Directives, or by interim determinations of the Owner, but not yet included in Change Orders.