Common use of PAYMENTS TO THE CONSTRUCTION MANAGER Clause in Contracts

PAYMENTS TO THE CONSTRUCTION MANAGER. 11.1 Schedule of Values The preliminary schedule of values shall be submitted on AIA Document, G703, Certificate for Payment Continuation Sheet shall be submitted and approved prior to the initial request for payment. Each line item of the Work shall separately show the value of labor and materials in a ratio consistent with generally recognized estimating guides and supported by such data necessary to substantiate its accuracy, including the itemization of required bonds and insurance.