Joint Check Clause Samples
A Joint Check clause establishes that payments for work or materials will be made jointly to two or more parties, typically a contractor and a subcontractor or supplier. In practice, this means the payer issues a check that requires signatures from both the primary contractor and the secondary party, ensuring that funds are properly distributed to those who have provided labor or materials. This clause is commonly used to protect the interests of suppliers or subcontractors by guaranteeing they receive payment, thereby reducing the risk of nonpayment and potential liens on the project.
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Joint Check. Joint check payment arrangements can be made by contacting the ▇▇▇▇▇▇ Construction accounting office well before the progress payment becomes due.
Joint Check a two-party check between a Subcontractor, DBE and/or non-DBE, a Developer and/or the regular dealer of material supplies.
Joint Check. In inspections are conducted by tenants on lease only. Family and friends are welcome to enter after the inspection is complete AND all paperwork signed.
Joint Check. AGREEMENT At any time the Contractor determines that it is in Contractor's best interest, Contractor may, at its sole discretion, require Subcontractor and any of its subcontractors or suppliers to enter into a joint check agreement to ensure payment to such subcontractors and suppliers. Subcontractor shall include such a provision in its agreements with such subcontractors and suppliers.
Joint Check. The use of joint checks between a Contractor and a DBE is allowed with Department approval. To obtain approval, the Contractor must submit a completed Form 2178, “DBE Joint Check Approval,” to the Department. The Department will closely monitor the use of joint checks to ensure that such a practice does not erode the independence of the DBE nor inhibit the DBE’s ability to perform a CUF. When joint checks are utilized, DBE credit toward the Contract goal will be allowed only when the subcontractor is performing a CUF in accordance with 49 CFR 26.55(c)(1). Long-term or open-ended joint checking arrangements may be a basis for further scrutiny and may result in the lack of participation towards the Contract goal requirement if DBE independence cannot be established. Joint checks will not be allowed simply for the convenience of the Contractor. If the proper procedures are not followed or the Department determines that the arrangements result in a lack of independence for the DBE involved, no credit for the DBE’s participation as it relates to the material cost will be used toward the Contract goal requirement, and the Contractor will need to make up the difference elsewhere on the project.
Joint Check. PAYMENT In the event that a subcontractor, sub-subcontractor, or supplier of a subcontractor requests that ▇▇▇▇▇▇▇ Construction Company, Inc. as an accommodation to the party making the request, issue payments in the form of joint checks, then ▇▇▇▇▇▇▇ Construction Company, Inc. shall deduct two percent (2%) of the amount of any such joint check from the subcontract for administrative costs.