Common use of Progress Payments; Retainage Clause in Contracts

Progress Payments; Retainage. Contractor shall deliver Contractor’s Applications for Payment to Project Manager on or before the third (3rd) day of each month. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment as recommended by Project Manager, on or about the twenty-sixth (26th) day of each month during construction as provided in paragraphs 5.02.A and 5.02.B below.

Progress Payments; Retainage. Contractor shall deliver Contractor’s Applications for Payment to Project Manager Engineer on or before the third (3rd) day of each month. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment as recommended by Project ManagerArchitect/Engineer, on or about the twenty-sixth fifteenth (26th15th) day of each month during construction as provided in paragraphs 5.02.A 5.2.A and 5.02.B 5.2.B below.

Progress Payments; Retainage. Contractor shall deliver Contractor’s Applications for Payment to Project Manager Engineer on or before the third (3rd) day of each month. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment as recommended by Project ManagerEngineer, on or about the twenty-sixth (26th) day of each month during construction as provided in paragraphs 5.02.A 5.2.A and 5.02.B 5.2.B below.

Progress Payments; Retainage. Contractor shall deliver Contractor’s Applications for Payment to Project Manager Engineer on or before the third (3rd) day of each month. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment as recommended by Project ManagerEngineer, on or about the twenty-sixth fifteenth (26th15th) day of each month during construction as provided in paragraphs 5.02.A 5.2.1 and 5.02.B 5.2.2 below.