Progress Payment Estimate definition
Examples of Progress Payment Estimate in a sentence
Progress payments by City to District for work performed on the AWTF by District’s Construction Contractor shall be based on Construction Progress Payment Estimate Sheets provided by District and approved by the Construction Contractor.
District shall provide copies of Construction Progress Payment Estimate Sheets to City within twenty-four (24) hours of approval by the Construction Contractor.
The Contractor will show as a separate amount on each Progress Payment Estimate submitted to Site C Document Control and on each invoice submitted for payment, the GST payable by BC Hydro and collectable by the Contractor on that portion of Work invoiced or for which a Progress Payment Estimate has been issued.
The Contractor will provide to BC Hydro on all invoices and on the version of each Progress Payment Estimate submitted to Site C Document Control, the Contractor’s GST registration number and all other information as may be required pursuant to the Excise Tax Act (Canada).