Common use of Final Payment Statement Clause in Contracts

Final Payment Statement. 19.13.1 Within 60 (sixty) days after receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Employer’s Engineer for consideration six copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Employer’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause 19.4; (b) the amounts received from the Employer against each claim; and (c) any further sums which the Contractor considers due to it from the Employer. If the Employer’s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Employer’s Engineer may reasonably require. The Employer’s Engineer shall deliver to the Employer: (i) an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 26; or (ii) a Final Payment Certificate in accordance with Clause 19.15 if there are no disputed items. 19.13.2 If the Employer’s Engineer does not prescribe the form referred to in Clause 19.13.1 within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.

Final Payment Statement. 19.13.1 Within 60 (sixtyi) days after receiving the Completion Certificate under Clause 12.4, the Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Contractor shall submit to the EmployerAuthority’s Engineer for consideration six 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the EmployerAuthority’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause 19.4Clause19.4; (b) the amounts received from the Employer Authority against each claim; andclaim;and (c) any further sums which the Contractor considers due to it from the EmployertheAuthority. If the EmployerAuthority’s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation as the EmployerAuthority’s Engineer may reasonably require. The EmployerAuthority’s Engineer shall deliver to the EmployertheAuthority: (i) i. an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 26; or26;or (ii) . a Final Payment Certificate in accordance with Clause 19.15 if there are no disputed itemsdisputeditems. 19.13.2 (ii) If the EmployerAuthority’s Engineer does not prescribe the form referred to in Clause 19.13.1 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deems fitdeemsfit.

Final Payment Statement. 19.13.1 Within 60 (sixtyi) days after receiving the Completion Certificate under Clause 12.4, the Within60(sixty)daysafterreceivingtheCompletionCertificateunderClause12.2,the Contractor shall submit to the EmployerAuthority’s Engineer for consideration six 6 (six) copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the EmployerAuthority’s Engineer: (a) the summary of Contractor’s Stage Payment claims for Works as submitted in accordance with Clause 19.4Clause19.4; (b) the amounts received from the Employer Authority against each claim; andclaim;and (c) any Any further sums which the Contractor considers due to it from the EmployertheAuthority. If the EmployerAuthority’s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information FinalPaymentStatement,theContractorshallsubmitsuchfurtherinformation as the EmployerAuthority’s Engineer may reasonably require. The EmployerAuthority’s Engineer shall deliver to the EmployertheAuthority: (i) i. an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 26; or26;or (ii) a . A Final Payment Certificate in accordance with Clause 19.15 if there are no disputed itemsdisputeditems. 19.13.2 (ii) If the EmployerAuthority’s Engineer does not prescribe the form referred to in Clause 19.13.1 19.13 (i) within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deems fitdeemsfit.

Final Payment Statement. 19.13.1 Within 60 (sixty) days after receiving the Completion Certificate under Clause 12.4, the Contractor shall submit to the Employer’s Employer‟s Engineer for consideration six copies of a Final Payment Statement (the “Final Payment Statement”) for Works, with supporting documents showing in detail, in the form prescribed by the Employer’s Employer‟s Engineer: (a) the summary of Contractor’s Contractor‟s Stage Payment claims for Works as submitted in accordance with Clause 19.4; (b) the amounts received from the Employer against each claim; and (c) any further sums which the Contractor considers due to it from the Employer. If the Employer’s Employer‟s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the Employer’s Employer‟s Engineer may reasonably require. The Employer’s Employer‟s Engineer shall deliver to the Employer: (i) an IPC for those parts of the Final Payment Statement which are not in dispute, along with a list of disputed items which shall then be settled in accordance with the provisions of Article 26; or (ii) a Final Payment Certificate in accordance with Clause 19.15 if there are no disputed items. 19.13.2 If the Employer’s Employer‟s Engineer does not prescribe the form referred to in Clause 19.13.1 within 15 (fifteen) of the date of issue of the Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.