Common use of Submittal Process Clause in Contracts

Submittal Process. On or before the 15th day of each month after the Work under a Job Order has commenced, the Job Order Contractor shall submit to the City an “Application for Payment” consisting of the Cost of the Work performed up to the end of the prior month, including the cost of material stored on the Site or at other locations approved by the City, along with a proportionate share of the Construction Fee. For the purpose of audit, prior to submission of the next Application for Payment, the Job Order Contractor shall make available at the request of the City a statement accounting for the disbursement of funds received under the previous Application. The form and extent of such statement shall be as agreed upon between the City and Job Order Contractor.