Schedule of Payment definition

Schedule of Payment means the schedule included in the Bill of Quantity for payment in various stages on part of the works.
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Schedule of Payment means the payment schedule as provided in the Agreement;
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Schedule of Payment means an amount determined by the Company.
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Examples of Schedule of Payment in a sentence

  • A draft Program of Works in the form of a bar chart and Schedule of Payment which shall form part of the Contract if the tender is accepted.

  • Provided that the Engineer shall not be bound to certify any payment under this Clause if the net amount thereof, after all retentions and deductions, would be less than the minimum amount of Interim Payment Certificate’s stated in the Schedule of Payment.

  • SUB-CLAUSE 60.2 - INTERIM PAYMENT CERTIFICATE Interim Payment Certificates shall be per milestone as agreed between the Employer and the Contractor in the Schedule of Payment.

  • It is a onetime procedure.Here ‘Statutory Monthly Emoluments’ shall mean amount payable as per Row 12 of Schedule of Payment under Section XIII: Proforma of Monthly Bill to be submitted by the Bidder.No additional charges, taxes, including General Service Tax etc.

  • Here ‘Statutory Monthly Emoluments’ shall mean amount payable as per Row 12 of Schedule of Payment under Section-XIII: Proforma of Monthly Bill to be Submitted by the Bidder.

  • Here ‘Statutory Monthly Emoluments’ shall mean amount payable as per Row 12 of Schedule of Payment under Section X: Proforma of Monthly Bill to be submitted by the Bidder.

  • Should the Contractor feel that the cost for any item of Work has not been established by the Schedule of Payment items or this Section, it shall include the cost for that Work in some other applicable bid item, so that its proposal for the project does reflect its total price for completing the Work in its entirety.

  • A draft Program of Works (production schedule and capacity) prepared in the form of a primavera project planner or Microsoft Project chart and Schedule of Payment which shall form part of the Contract if the tender is accepted.

  • This valuation shall be based on the Schedule of Payment mutually agreed at the time of Agreement.

  • The Contractor shall submit a Schedule of Payment Values for review with the return of the executed Agreement to the Owner.


More Definitions of Schedule of Payment

Schedule of Payment means the systematic payment schedule as set out in Part-II of Schedule B of this Agreement;
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Schedule of Payment means the amount of eligible Benefits provided by the Policy.
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Schedule of Payment means payment in various stages on part of the works.
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Schedule of Payment has the meaning set forth in Section 6.4.
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Related to Schedule of Payment

  • Schedule of Rates means the priced Schedule of Rates forming part of the tender [where applicable].

  • Schedule of Receivables means the Schedule of Receivables sold and transferred pursuant to this Agreement which is attached hereto as Schedule A.

  • Schedule of Representations means the Schedule of Representations and Warranties attached hereto as Schedule B.

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on the Securities of that series are payable as specified as contemplated by Section 301.