Progress Estimate Clause Samples
A Progress Estimate clause defines the process for periodically assessing and reporting the advancement of work on a project. Typically, it requires the contractor or service provider to submit regular updates detailing the percentage of work completed, milestones achieved, and any deviations from the planned schedule. This clause ensures that all parties remain informed about the project's status, enabling timely identification of delays or issues and supporting effective project management and payment scheduling.
Progress Estimate. Within ten (10) days following the end of each calendar month, Contractor will prepare on the District’s standard "Application for Payment" Form and deliver to the Architect or District a written payment request setting forth Contractor's estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the Architect or District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Architect, Contractor shall furnish the Architect with copies of invoices for all such items delivered to the job site.
Progress Estimate. Within ten (10) days following the end of each calendar month, Contractor will prepare on the Districts standard "Application for Payment" Form and deliver to the District a written payment request setting forth Contractor's estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Owner, Contractor shall furnish the Owner with copies of invoices for all such items delivered to the job site.
Progress Estimate. As soon as possible following the end of each calendar month, Contractor will prepare on the Districts standard “Application for Payment” Form B (see Procedures Manual, Attachment 5 to this Project Manual) and deliver to the Architect or District a written payment request setting forth Contractor’s estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the Architect or District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Architect, Contractor shall furnish the Architect with copies of invoices for all such items delivered to the job site. Prior to submission and acceptance of first application for payment, and unless waived or modified by District Representative in writing, Contractor shall provide to District or Architect all items per Attachment 13 to this Project Manual. These items must be submitted no later than sixty (60) days after the date of this Facilities Lease (which is also the “Submittal Period” per Article 11 of these General Conditions) or earlier as required to meet the payment schedule.
Progress Estimate. For each calendar month of Work, the Contractor will prepare an application for payment of all Work performed under the Contract. The Project Manager will review the application for payment and determine if it is a fair approximation of the value of all Work done under the Contract, including any amounts due the Contractor for Extra Work and Change Orders. In arriving at the value of the Work done, the Project Manager will give consideration to the value of labor and materials, which have been incorporated into the Work by the Contractor during the preceding month. In order to assist the Project Manager, the Contractor shall furnish the Project Manager with copies of invoices for items delivered to the job site.