Common use of Final Payment Application Clause in Contracts

Final Payment Application. Within sixty (60) days of the completion of the installation of the Artwork and all Work required under this Agreement, including any items listed in an Inspection Report issued in accordance with Section 2.4.5.3 above, Artist shall submit a final payment application, which shall clearly identify that it constitutes Artist’s final payment application in connection with the Artwork, identify the amount previously paid to Artist on account of the Work and the Artwork and the amount Artist seeks as final payment, all information requested above in Section 5.2.1.1, and include the following: (a) A sworn, notarized Certificate that the Artwork has been installed in full accordance with the terms of this Agreement or identifying any variations from the terms of this Agreement; (b) A certification of payment to subcontractors and suppliers in the form of Exhibit F, and final and complete releases of claims for payment, including liens and bond claims, from each contractor, subcontractor and supplier, confirming that final payment has been made for all materials supplied and labor furnished in connection with the Work and that no liens remain on the Artwork or Site; and (c) Such other documentation as CCGJ of the City may reasonably require, including but not limited to the final cataloging and updated Public Art Catalogue form.

Appears in 2 contracts

Sources: Commission Agreement, Commission Agreement