PAYMENT WITHHOLD definition

PAYMENT WITHHOLD. The provisions for payment under this Agreement will be subject to a ten percent (10%) withholding. Contractor acknowledges that this Agreement is subject to ten percent (10%) withholding pursuant to Public Contract Code (PCC) section 7201. The withheld payment amount will be included in the final payment to the Contractor. The 10% withheld amount will only be released upon Siskiyou County’s verification of completion of all work, to the satisfaction of Siskiyou County. Under no circumstances shall the withheld payment be released prior to Siskiyou County’s verification of Contractor’s services satisfactorily rendered. PAYMENT MILESTONES: Partial payment before the completion of line items will not be issued. Contractors may invoice Siskiyou County only upon completion of each unit, to the satisfaction of Siskiyou County. Payment Milestones represents when Siskiyou County can verify that the Contractor has satisfactorily rendered services, subject to the “Payment Withhold” provision. Bid Item Bid Item Description Payment Milestone 1a Mobilization Completion of pre- deployment training and complete mobilization to the satisfaction of the County. Payment for actual work done. 2a Non-Working Days (NWD) Upon approval of contractor’s request for a NWD. 3a Delays Upon approval of contractor’s request for a delay. 4a Property Owner Assistance Upon written authorization from the County. EXHIBIT C – Required FEMA Contract Clauses If the FEMA Public Assistance Program applies to the Head Fire, the following clauses shall apply to this Agreement unless California law imposes a more restrictive standard.
PAYMENT WITHHOLD. The provisions for payment under this Agreement will be subject to a ten percent (10%) withholding. Contractor acknowledges that this Agreement is subject to ten percent (10%) withholding pursuant to Public Contract Code (PCC) section 7201. The withheld payment amount will be included in the final payment to the Contractor. The 10% withheld amount will only be released upon Siskiyou County’s verification of completion of all work, to the satisfaction of Siskiyou County. Under no circumstances shall the withheld payment be released prior to Siskiyou County’s verification of Contractor’s services satisfactorily rendered. PAYMENT MILESTONES: Partial payment before the completion of line items will not be issued. Contractors may invoice Siskiyou County only upon completion of each unit, to the satisfaction of Siskiyou County. Payment Milestones represents when Siskiyou County can verify that the Contractor has satisfactorily rendered services, subject to the “Payment Withhold” provision. Bid Item Bid Item Description Payment Milestone 1a Mobilization (Debris Crew) Completion of pre- deployment training and complete mobilization to the satisfaction of the County Bid Item Bid Item Description Payment Milestone 2 Per Parcel Ash/Debris/Metal/S oil Final Site Walk 3 Per Parcel Asbestos Interim Site Walk (ISW) 4 Re-scrape Final Site Walk 5a Vehicles (On Parcel) Final Site Walk 5b Vehicles (Off Parcel) Final Site Walk 6 Per Parcel Concrete Interim Site Walk (ISW) 7 Tonnage Rate Final Site Walk 8 Asbestos Yard Rate Interim Site Walk (ISW) 9 Temporary Long Bridges Final Site Walk 10a NWD – Debris Crew Upon approval of contractor’s request for an NWD 11a Delays – Debris Crew Upon approval of contractor’s request for a delay 12a Property Owner Assistance Upon written authorization by the Debris Group Supervisor EXHIBIT C – Required FEMA Contract Clauses If the FEMA Public Assistance Program applies to the Head Fire, the following clauses shall apply to this Agreement unless California law imposes a more restrictive standard.