Common use of Progress Payments—Stipulated Sum Clause in Contracts

Progress Payments—Stipulated Sum. A.1.5.2.1 Applications for Payment where the Contract Sum is based upon a Stipulated Sum shall indicate the percentage of completion of each portion of the Work as of the end of the period covered by the Application for Payment.

Progress Payments—Stipulated Sum. A.1.5.2.1 § 5.2.1 Applications for Payment where the Contract Sum is based upon a Stipulated Sum shall indicate the percentage of completion of each portion of the Work as of the end of the period covered by the Application for Payment.