PAYMENTS TO SUBCONTRACTOR. In the event that the Contractor utilizes a Subcontractor for any portion of the work under this Contract, the Contractor hereby agrees to:
PAYMENTS TO SUBCONTRACTOR. The estimated cost for Contractors completion of the Work, including indirect charges, is $10,000 per month. Payments by the Company to the Contractor shall be made in accordance with the following:
PAYMENTS TO SUBCONTRACTOR. (a) Notwithstanding any other provision of this Mastercraft Agreement, Project Subcontract or the Contract Documents, progress payments to the Subcontractor shall be made no more than one time each month (as indicated by the Contractor) within ten days after submittal, approval, and payment of the Contractor’s monthly estimate by the Owner; and the Contractor or the Owner shall retain 10% of the amount due to the Subcontractor from progress payments under partial payment estimates for work performed by the Subcontractor until final completion, acceptance, and payment of the Subcontractor’s work by the Owner. Request for partial payment must be submitted to Contractor no later than the 25th day of the month and must be on the standard form therefore from time to time prepared or used by Contractor, and must be accompanied by a partial release of the Contractor, Owner and Project of such portion of all claims and liens arising by virtue of the Project Subcontract, and an affidavit by the Subcontractor that all labor, material and other bills have been paid, all subject to the satisfaction of the Contractor. Certified payroll reports must be submitted with each request for payment if required by Contractor, owner or if specified in the Contract documents.
PAYMENTS TO SUBCONTRACTOR. Payments shall be due for all work completed by Subcontractor, less retention, up to the suspension date, as provided under the Payment procedures in the Subcontract Documents. Any unauthorized work performed by Subcontractor after the date of suspension will not be paid unless and until work resumes and such work is paid for by Owner.
PAYMENTS TO SUBCONTRACTOR. The cost for UTHSCSA's completion of the Work, including indirect charges, is $64,306. Payments by XPENTION to UTHSCSA shall be made in accordance with the following schedule:
PAYMENTS TO SUBCONTRACTOR. 8.1 Based upon applications for payment submitted to the Contractor by the Subcontractor, corresponding to applications for payment submitted by the Contractor to the Architect, and certificates for payment issued by the Architect, the Contractor shall make progress payments on account of the Subcontract sum to the subcontractor as provided below and elsewhere in the Subcontract documents. Unless the Contractor provides the Owner with a payment bond in the full penal sum of the Contract Sum, payments received by the Contractor and Subcontractor for Work properly performed by their contractors and suppliers shall be held by the Contractor and Subcontractor for those contractors or suppliers who performed Work of furnished materials, or both, under contract with the Contractor or Subcontractor for which payment was made to the Contractor by the owner or to the Subcontractor by the Contractor, as applicable. Nothing contained herein shall require money to be placed in a separate account and not commingled with money of the Contractor or Subcontractor, shall create and fiduciary liability or tort liability on the part of the Contractor or Subcontractor for breach of trust or shall entitle any person or entity to an award of punitive damages against the Contractor or Subcontractor for breach of the requirements of this provision.
PAYMENTS TO SUBCONTRACTOR. Within seven (7) days after receipt of amounts paid by the County for work performed by a subcontractor under this Contract, the Contractor shall either:
PAYMENTS TO SUBCONTRACTOR. The “Contract Sum” means and refers to the amount of money to be paid to the Subcontractor as set forth on the purchase order for the performance of all of the work set forth in the purchase order, and shall be paid in accordance with the following procedures which may be amended at the request of the Owner:
