PAYMENTS TO SUBCONTRACTOR Sample Clauses

PAYMENTS TO SUBCONTRACTOR. The estimated cost for Contractors completion of the Work, including indirect charges, is $20,000 per month. Payments by the Company to the Contractor shall be made in accordance with the following:
Sample 1
PAYMENTS TO SUBCONTRACTOR. Payments shall be due for all work completed by Subcontractor, less retention, up to the suspension date, as provided under the Payment procedures in the Subcontract Documents. Any unauthorized work performed by Subcontractor after the date of suspension will not be paid unless and until work resumes and such work is paid for by Owner.
Sample 1Sample 2
PAYMENTS TO SUBCONTRACTOR. (a) Notwithstanding any other provision of this Mastercraft Agreement, Project Subcontract or the Contract Documents, progress payments to the Subcontractor shall be made no more than one time each month (as indicated by the Contractor) within ten days after submittal, approval, and payment of the Contractor’s monthly estimate by the Owner; and the Contractor or the Owner shall retain 10% of the amount due to the Subcontractor from progress payments under partial payment estimates for work performed by the Subcontractor until final completion, acceptance, and payment of the Subcontractor’s work by the Owner. Request for partial payment must be submitted to Contractor no later than the 25th day of the month and must be on the standard form therefore from time to time prepared or used by Contractor, and must be accompanied by a partial release of the Contractor, Owner and Project of such portion of all claims and liens arising by virtue of the Project Subcontract, and an affidavit by the Subcontractor that all labor, material and other bills have been paid, all subject to the satisfaction of the Contractor. Certified payroll reports must be submitted with each request for payment if required by Contractor, owner or if specified in the Contract documents.
Sample 1Sample 2
PAYMENTS TO SUBCONTRACTOR. 8.1 Based upon applications for payment submitted to the Contractor by the Subcontractor, corresponding to applications for payment submitted by the Contractor to the Architect, and certificates for payment issued by the Architect, the Contractor shall make progress payments on account of the Subcontract sum to the subcontractor as provided below and elsewhere in the Subcontract documents. Unless the Contractor provides the Owner with a payment bond in the full penal sum of the Contract Sum, payments received by the Contractor and Subcontractor for Work properly performed by their contractors and suppliers shall be held by the Contractor and Subcontractor for those contractors or suppliers who performed Work of furnished materials, or both, under contract with the Contractor or Subcontractor for which payment was made to the Contractor by the owner or to the Subcontractor by the Contractor, as applicable. Nothing contained herein shall require money to be placed in a separate account and not commingled with money of the Contractor or Subcontractor, shall create and fiduciary liability or tort liability on the part of the Contractor or Subcontractor for breach of trust or shall entitle any person or entity to an award of punitive damages against the Contractor or Subcontractor for breach of the requirements of this provision.
Sample 1
PAYMENTS TO SUBCONTRACTOR. Within seven (7) days after receipt of amounts paid by the County for work performed by a subcontractor under this Contract, the Contractor shall either:
Sample 1
PAYMENTS TO SUBCONTRACTOR. The cost for UTHSCSA's completion of the Work, including indirect charges, is $64,306. Payments by XPENTION to UTHSCSA shall be made in accordance with the following schedule:
Sample 1
AutoNDA by SimpleDocs
PAYMENTS TO SUBCONTRACTOR. The “Contract Sum” means and refers to the amount of money to be paid to the Subcontractor as set forth on the purchase order for the performance of all of the work set forth in the purchase order, and shall be paid in accordance with the following procedures which may be amended at the request of the Owner:
Sample 1

Related to PAYMENTS TO SUBCONTRACTOR

  • Payments to Subcontractors Develop and implement a procedure for the review, processing and payment of applications by subcontractors for progress and final payments.

  • Payment to Subcontractors (If applicable) As required by Minnesota Statute § 16A.1245, the prime Contractor must pay all subContractors, less any retainage, within 10 calendar days of the prime Contractor’s receipt of payment from the State for undisputed services provided by the subContractor(s) and must pay interest at the rate of one and one-half percent per month or any part of a month to the subContractor(s) on any undisputed amount not paid on time to the subContractor(s).

  • PAYMENT TO SUB-CONTRACTORS 12.1 Transnet reserves the right, in its sole discretion, to make payment directly to the sub-contractor of the Supplier/Service Provider, subject to the following conditions:

  • Prompt Payment to Subcontractors (a) Within 7 days of receipt by the Contractor of each payment from the City under this contract, the Contractor shall pay all Subcontractors (which term includes subconsultants and suppliers) based on work completed or service provided under the subcontract. Should any payment to the Subcontractor be delayed by more than 7 days after receipt of payment by the Contractor from the City under this contract, the Contractor shall pay the Subcontractor interest, beginning on the 8th day, at the rate of 1% per month or fraction thereof on such unpaid balance as may be due. By appropriate litigation, Subcontractors shall have the right to enforce this subsection (a) directly against the Contractor, but not against the City of Durham.

  • PAYMENTS TO CONTRACTOR (a) Payments to Contractor will be made on a monthly basis and within thirty (30) days from receipt of a correct invoice or billing statement in accordance with the Texas Government Code, Chapter 2251, known as the Texas Prompt Payment Act. An invoice is considered received on the date it is date stamped by TFC. Contractor will be paid for completion of work accepted and approved by TFC’s Contract Administrator.

  • Right to Subcontract The Carrier at its discretion may subcontract on any terms the whole or any part of the Carriage.

  • Payments to Owner Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • No Right to Subcontracting Subcontractor may not subcontract, either part or in whole, the Services authorized under this Agreement.

  • APPLICABILITY TO SUBCONTRACTORS Respondent agrees that all contracts it awards pursuant to the contract awarded as a result of this Agreement will be bound by the foregoing terms and conditions.

  • AMENDMENTS TO SERVICE AGREEMENT With effect from the date of this Deed the Parties agree that the Service Agreement is varied so that:

Time is Money Join Law Insider Premium to draft better contracts faster.