Progress Claim definition
Examples of Progress Claim in a sentence
Evaluated and approved Progress Claims shall be due and payable within 10 (ten) working days from date of approval of Progress Claim.
The Final Progress Claim shall include all amounts due to the Subcontractor from CVSG under this Agreement.
The Subcontractor will submit its Progress Claim for progress payments to Honeywell’s Representative on the days stated in the Subcontract Particulars.
Neither a Progress Claim nor a payment by the Owner pursuant thereto shall be construed as evidence that the work, material or any part thereof is complete, is satisfactory or is in accordance with the Contract.
If the Subcontractor submits a Progress Claim before the time stipulated in Progress Claims Paragraph for the submission of that Progress Claim, such early submission will not require Honeywell to make payment under the Invoice and Payment Section or issue its Payment Certificate in respect of that Progress Claim under this earlier than would have been the case had the Subcontractor submitted its Progress Claim in accordance with the Progress Claims Paragraph.