STORED MATERIALS AND EQUIPMENT. Unless otherwise provided in the contract documents, applications for payment may include materials and equipment not yet incorporated into the Work but delivered to and suitably stored onsite or offsite including applicable insurance, storage, and costs incurred transporting the materials to an offsite storage facility. Approval of payment applications for stored materials and equipment stored offsite shall be conditioned on a submission by the Construction Manager of bills of sale and proof of required insurance, or such other documentation satisfactory to the Owner to establish the proper valuation of the stored materials and equipment, the Owner's title to such materials and equipment, and to otherwise protect the Owner's interests therein, including transportation to the Worksite.
STORED MATERIALS AND EQUIPMENT. If approved by the Owner, applications for payment may include materials and equipment not incorporated into the Work but delivered to and suitably stored on-site, or off-site and applicable insurance, storage and transportation costs to the site. Approval of payment applications for stored materials and equipment shall be conditioned on submission by the Contractor of bills of sale and proof of applicable insurance, or such other procedures satisfactory to the Owner to establish the proper valuation of the stored materials and equipment, the Owner’s title to such materials and equipment, and to otherwise protect the Owner’s interests therein, including transportation to the site
STORED MATERIALS AND EQUIPMENT. Unless otherwise provided in the Contract Documents, applications for payment may include materials and equipment not yet incorporated into the Work but delivered to and suitably stored onsite or offsite, including applicable insurance, storage, and costs incurred transporting the materials to an offsite storage facility. Approval of payment applications for stored materials and equipment stored offsite shall be conditioned on submission by Private Entity of bills of sale and proof of required insurance, or such other procedures satisfactory to Owner to establish the proper valuation of the stored materials and equipment, Owner’s title to such materials and equipment, and to otherwise protect Owner’s interests therein, including transportation to the Worksite. All such materials shall be segregated from other materials held by the supplier and clearly identified as belonging to the Owner.
STORED MATERIALS AND EQUIPMENT. Stored materials and equipment may be included in the invoice provided the materials and equipment are properly stored in accordance with Section 5.17.9.3 and a complete invoice accompanies the invoice. Owner will not pay for materials or equipment storage.
STORED MATERIALS AND EQUIPMENT. If approved by the Owner, applications for payment may include materials and equipment not yet incorporated into the Work but delivered to and suitably stored on- site or off-site including applicable insurance, storage and transportation costs to the Worksite. Approval of payment applications for off-site stored materials and equipment shall be conditioned on submission by the Constructor of bills of sale and proof of applicable insurance, or such other procedures satisfactory to the Owner to establish the proper valuation of the stored materials and equipment, the Owner's title to such materials and equipment, and to otherwise protect the Owner's interests therein, including transportation to the Worksite. XXXX XXXXXXX AND LIENS PARTIAL LIEN WAIVERS AND AFFIDAVITS If requested by the Owner, as a prerequisite for payment, the Constructor shall provide partial lien and claim waivers in the amount of the application for payment and affidavits from Trade Contractors, Subcontractors, and Material Suppliers for the completed Work. Such waivers shall be conditional upon payment. In no event shall the Constructor be required to sign an unconditional waiver of lien or claim, either partial or final, prior to receiving payment or in an amount in excess of what it has been paid. RESPONSIBILITY FOR LIENS If Owner has made payments in the time required by this Article 18, the Constructor shall, within thirty (30) Days after filing, cause the removal of any liens filed against the premises or public improvement fund by any Party or Parties performing labor or services or supplying materials in connection with the Work and covered by such payments. If the Constructor fails to take such action on a lien, the Owner may cause the lien to be removed at the Constructor's expense, including bond costs and reasonable attorneys' fees. This Paragraph shall not apply if there is a dispute pursuant to Article 23 relating to the subject matter of the lien. RETAINAGE From each progress payment made prior to Substantial Completion, the Owner may retain percent ( %), of the Constructor's Fee amount otherwise due after deduction of any amounts as provided in Paragraph 18.3, up to the time of final payment. At the discretion of the Management Group, retention may be withheld equal to ten percent (10%) on lump sum Subcontractors and one percent (1%) on Trade Contractors on payments to be made to subcontractors, Constructor self-performed work and Constructor's Fee. No retention shall be...
STORED MATERIALS AND EQUIPMENT. Unless otherwise provided in the Contract Documents, applications for payment may include materials and equipment not yet incorporated into the Work but delivered to and suitably stored onsite or offsite, including applicable insurance, storage and costs incurred transporting the materials to an offsite storage facility. Approval of payment applications for stored materials and equipment stored offsite shall be conditioned on submission by the Design-Builder of bills of sale and proof of required insurance, or such other procedures satisfactory to the Owner to establish the proper valuation of the stored materials and equipment, the Owner's title to such materials and equipment, and to otherwise protect the Owner's interests therein, including transportation to the worksite. Formatted: Font: Bold, Underline Formatted: Font: Bold, Underline
STORED MATERIALS AND EQUIPMENT. If approved in advance by the Construction Manager, payments may be made on account of materials and equipment delivered and suitably stored at the Project Site for subsequent incorporation in the Work. If approved in advance by the Construction Manager, payment may similarly be made for materials and equipment suitably stored off the Project Site at a location agreed upon in writing. Payment for materials and equipment stored on or off the Project Site shall be conditioned upon compliance by the Contractor with procedures satisfactory to the Construction Manager to establish the Owner’s title to such materials and equipment or otherwise protect the Owner’s interest, and shall include applicable insurance, storage and transportation to the Project Site for such materials and equipment stored off the Project Site at a bonded warehouse. The amount of materials and equipment delivered and stored at the Project Site shall be limited in amount to what a reasonably prudent Contractor would pre-purchase and shall be subject to the prior written approval of the Construction Manager. The Contractor shall also comply with the following specific requirements:
STORED MATERIALS AND EQUIPMENT. Unless otherwise provided in the Subcontract Documents, applications for payment may include materials and equipment not incorporated into the Subcontract Work but delivered to and suitably stored at the site. Applications for payment may include materials and equipment delivered to and suitably stored off the site, if allowed under the Subcontract and properly approved. Approval of payment applications for materials and equipment stored on or off the site will be conditioned on submissions by the Subcontractor of bills of sale and applicable insurance or other procedures satisfactory to the Owner and Honeywell to establish the proper valuation of the stored materials and equipment, the Owner’s title to the materials and equipment, and to otherwise protect the Owner’s and Honeywell’s interests, including transportation to the site.
STORED MATERIALS AND EQUIPMENT. If approved by the Core Group, Constructor’s applications for payment may include materials and equipment not yet incorporated into the Work but delivered to and suitably stored at or off the Worksite including applicable insurance, storage, and transportation costs to the Worksite. Approval of payment applications for off-Worksite stored materials and equipment shall be conditioned on submission by Constructor of bills of sale and proof of applicable insurance or such other documentation satisfactory to Owner:
STORED MATERIALS AND EQUIPMENT. A. No applications shall be processed by Owner which includes amounts for stored materials. Owner shall not pay Contractor for stored materials.
