Retainage on Progress Payments. 7.2.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Builder.
Appears in 9 contracts
Retainage on Progress Payments. 7.2.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Design-Builder.. The moneys reserved may, at the option of Design-Builder, be retained in accordance with the provisions of Chapter 60.28
Appears in 2 contracts
Samples: cpd.uw.edu, cpd.uw.edu
Retainage on Progress Payments. 7.2.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Design-Builder.. Owner will also reasonably consider reducing retainage for Subcontractors completing their work early in the Project. The moneys reserved may, at the option of Design-Builder, be retained in accordance with the provisions of Chapter 60.28
Appears in 1 contract
Samples: Husky Ballpark Project Contract
Retainage on Progress Payments. 7.2.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Builder.. The moneys reserved may, at the option of Design-Builder, be retained in accordance with the provisions of Chapter 60.28
Appears in 1 contract
Samples: Form of Agreement
Retainage on Progress Payments. 7.2.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Design-Builder.. The moneys reserved may, at the option of Design-Builder, be retained in accordance with the provisions of Chapter 60.28
Appears in 1 contract
Samples: Agreement
Retainage on Progress Payments. 7.2.1 2.10.1 Pursuant to Chapter RCW 60.28, and Article 6 of the General Conditions, Owner will retain five percent (5%) of all Work performed that is subject to prevailing wages on each approved Application for Payment to be retained as a trust fund for the protection and payment of the claims of any person arising under the contract and the state with respect to taxes imposed pursuant to Titles 50, 51, and 82 RCW which may be due from Design- Design-Builder.. The moneys reserved may, at the option of Design-Builder, be retained in accordance with the provisions of Chapter 60.28
Appears in 1 contract
Samples: Preliminary Agreement
