Common use of Final Payment Statement Clause in Contracts

Final Payment Statement. i. Within 30 (thirty) days after receiving the Works Completion Certificate under Clause 11.6, the Contractor shall submit to the Authority and DTA for consideration 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 DTA: a. the amounts received from the Authority against each claim; and b. any further sums which the Contractor considers due to it from the Authority. ii. If the DTA disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the DTA may reasonably require. The DTA shall deliver to the Authority: a. an Interim Payment Certificate 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 18; or b. a Final Payment Certificate in accordance with Clause 10.6 if there are no disputed items. iii. If the DTA does not prescribe the form referred to in Clause 10.4 (i) within 15 (fifteen) days of the date of issue of the Works Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.

Final Payment Statement. i. (i) Within 30 (thirty) days after receiving the Works Completion Certificate under Clause 11.6, the Contractor Developer shall submit to the Authority and DTA for consideration 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 DTA: a. a) the amounts received from the Authority against each claim; and b. b) any further sums which the Contractor Developer considers due to it from the Authority. ii. If the DTA disagrees with or cannot verify any part of the Final Payment Statement, the Contractor Developer shall submit such further information as the DTA may reasonably require. The DTA shall deliver to the Authority: a. i. an Interim Payment Certificate 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 18; or b. ii. a Final Payment Certificate in accordance with Clause 10.6 if there are no disputed items. iii. (ii) If the DTA does not prescribe the form referred to in Clause 10.4 (i) within 15 (fifteen) days of the date of issue of the Works Completion Certificate, the Contractor Developer shall submit the statement in such form as it deems fit.

Final Payment Statement. i. (i) Within 30 (thirty) days after receiving the Works Completion Certificate under Clause 11.6, the Contractor shall submit to the Authority and DTA for consideration 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 DTA: a. a) the amounts received from the Authority against each claim; and b. b) any further sums which the Contractor considers due to it from the Authority. ii. If the DTA disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the DTA may reasonably require. The DTA shall deliver to the Authority: a. i. an Interim Payment Certificate 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 18; or b. ii. a Final Payment Certificate in accordance with Clause 10.6 if there are no disputed items. iii. (ii) If the DTA does not prescribe the form referred to in Clause 10.4 (i) within 15 (fifteen) days of the date of issue of the Works Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.

Final Payment Statement. i. 19.13.1 Within 30 60 (thirtysixty) days after receiving the Works Completion Certificate under Clause 11.612.4, the Contractor shall submit to the Authority and DTA Authority’s Engineer for consideration 6 (six) six copies of a Final Payment Statement (the “Final Payment (a) the summary of Contractor’s Stage Payment Statement”claims for Works as submitted in accordance with Clause 19.4; (b) for Works, with supporting documents showing in detail, in the form prescribed by the DTA: a. the amounts received from the Authority against each claim; and b. (c) any further sums which the Contractor considers due to it from the Authority. ii. If the DTA Authority’s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the DTA Authority’s Engineer may reasonably require. The DTA Authority’s Engineer shall deliver to the Authority: a. (i) an Interim Payment Certificate 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 1826; or b. (ii) a Final Payment Certificate in accordance with Clause 10.6 19.15 if there are no disputed items. iii. 19.13.2 If the DTA Authority’s Engineer does not prescribe the form referred to in Clause 10.4 (i) 19.13.1 within 15 (fifteen) days of the date of issue of the Works Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.

Final Payment Statement. i. 19.13.1 Within 30 60 (thirtysixty) days after receiving the Works Completion Certificate under Clause 11.612.4, the Contractor shall submit to the Authority and DTA Authority‟s Engineer for consideration 6 (six) six copies of a Final Payment Statement (the “Final Payment (a) the summary of Contractor‟s Stage Payment Statement”claims for Works as submitted in accordance with Clause 19.4; (b) for Works, with supporting documents showing in detail, in the form prescribed by the DTA: a. the amounts received from the Authority against each claim; and b. (c) any further sums which the Contractor considers due to it from the Authority. ii. If the DTA Authority‟s Engineer disagrees with or cannot verify any part of the Final Payment Statement, the Contractor shall submit such further information as the DTA Authority‟s Engineer may reasonably require. The DTA Authority‟s Engineer shall deliver to the Authority: a. (i) an Interim Payment Certificate 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 1826; or b. (ii) a Final Payment Certificate in accordance with Clause 10.6 19.15 if there are no disputed items. iii. 19.13.2 If the DTA Authority‟s Engineer does not prescribe the form referred to in Clause 10.4 (i) 19.13.1 within 15 (fifteen) days of the date of issue of the Works Completion Certificate, the Contractor shall submit the statement in such form as it deems fit.