Common use of PROGRESS CLAIMS Clause in Contracts

PROGRESS CLAIMS. The Subcontractor will be entitled to progress payments made by Honeywell for works and goods or materials carried out or supplied under this Subcontract. The Subcontractor will submit its Progress Claim for progress payments to Honeywell’s Representative on the days stated in the Subcontract Particulars. Each Progress Claim will: 1) Be in a format agreed by both Parties; 2) Show in detail the amounts to which the Subcontractor considers itself to be entitled; 3) Include sufficient details to allow Honeywell to assess the Progress Claim; 4) A breakdown of the total amount claimed into detailed work areas (as nominated or accepted by Honeywell) showing percent completion, total value and value claimed for each work area; 5) Be accompanied by supporting evidence or documentation; 6) Include such other information and documentation as Honeywell's Representative may reasonably require. Notwithstanding anything to the contrary in this Subcontract, it is a condition precedent to the Subcontractor being entitled to receive any payment with respect to a Progress Claim that the Subcontractor: 1) has complied with the requirements set out above in this Section with respect to the Progress Claim; 2) is in compliance with its obligations under the last paragraph of the Performance of Obligations Section; 3) is in compliance with its obligations, under the Security Deposit or Performance Bond Section, in relation to security; and

PROGRESS CLAIMS. The Subcontractor will be entitled to progress payments made by Honeywell for works and goods or materials carried out or supplied under this Subcontract. The Subcontractor will submit its Progress Claim for progress payments to Honeywell’s Representative on the days stated in the Subcontract Particulars. Each Progress Claim will: 1) Be in a format agreed by both Parties; 2) Show in detail the amounts to which the Subcontractor considers itself to be entitled; 3) Include sufficient details to allow Honeywell to assess the Progress Claim; 4) A breakdown of the total amount claimed into detailed work areas (as nominated or accepted by Honeywell) showing percent completion, total value and value claimed for each work area; 5) Be accompanied by supporting evidence or documentation; 6) Include such other information and documentation as Honeywell's Representative may reasonably require. Notwithstanding anything to the contrary in this Subcontract, it is a condition precedent to the Subcontractor being entitled to receive any payment with respect to a Progress Claim that the Subcontractor: 1) has complied with the requirements set out above in this Section with respect to the Progress Claim; 2) is in compliance with its obligations under the last paragraph of the Performance of Obligations Section; 3) is in compliance with its obligations, under the Security Deposit or Performance Bond Section, in relation to security; and 4) is in compliance with its obligations with the requirements under the Insurances Section. A Progress Claim made on any date other than the above stipulated date for the making of the Progress Claim will be deemed for all purposes not to be a Progress Claim for the purposes of this Subcontract..

PROGRESS CLAIMS. The Subcontractor will be entitled to progress payments made by Honeywell for works and goods or materials carried out or supplied under this Subcontract. The Subcontractor will submit its Progress Claim for progress payments to Honeywell’s Representative on the days stated in the Subcontract Particulars. Each Progress Claim will: 1) Be in a format agreed by both Parties; 2) Show in detail the amounts to which the Subcontractor considers itself to be entitled; 3) Include sufficient details to allow Honeywell to assess the Progress Claim; 4) A breakdown of the total amount claimed into detailed work areas (as nominated or accepted by Honeywell) showing percent completion, total value and value claimed for each work area; 5) Be accompanied by supporting evidence or documentation; 6) Include such other information and documentation as Honeywell's Representative may reasonably require. Notwithstanding anything to the contrary in this Subcontract, it is a condition precedent to the Subcontractor being entitled to receive any payment with respect to a Progress Claim that the Subcontractor: 1) a. has complied with the requirements set out above in this Section with respect to the Progress Claimprogress claim; 2) b. is in compliance with its obligations under the last paragraph of the Performance of Obligations Section; 3) c. is in compliance with its obligations, under the Security Deposit or Performance Bond Section, in relation to security; and d. is in compliance with its obligations with the requirements under the Insurances Section. A Progress Claim made on any date other than the above stipulated date for the making of the Progress Claim will be deemed for all purposes not to be a Progress Claim for the purposes of this Subcontract.