Section 01290 — Measurement and Payment Page 2 of 4
January 2021
3066.21
1.3
1.4
D.
Retainage will be with held as defined in the Bid Documents.
PARTIAL PAYMENTS:
A.
Partial payments shall be made as the work progresses. All partial invoices
and payments shall be subject to correction in the final quantity invoice and
payment.
Prior to request for partial payment, an authorized representative of
CONTRACTOR shall meet with ENGINEER to determine and agree upon
quantities of unit price Work accomplished and/or completed during the Work
period. Following the meeting with ENGINEER, CONTRACTOR will prepare in
digital format, a spreadsheet approved by ENGINEER with a breakdown of all
quantities and requested values. The spreadsheet will tally all payments items
and will included at a minimum all previous payment applications, materials
stored, materials incorporated each period, change orders, retainage, percent
complete, total payments to date, and total contract value remaining.
CONTRACTOR will prepare an “Application for Payment” form as part of his
partial payment request. An updated Project Schedule shall be provided with
each application.
The completed “Application for Payment” form will provide the basis of
ENGINEER’s review of quantity estimates upon which payment will be made.
Items not appearing on the “Application for Payment” form will not be
considered for payment.
An item of Work, or portion thereof, will not be deemed complete and ready
for payment if CONTRACTOR’s Record Drawings are not up-to-date with
respect to that item.
A progress payment shall not be required, nor shall payment be made, when, in
the opinion of ENGINEER, the Work is not proceeding in accordance with the
provisions of the Contract.
PAYMENT FOR MATERIALS ON HAND
A.
If requested by CONTRACTOR, and at the discretion of ENGINEER and OWNER,
payment may be made for all or part of the value of acceptable, non-perishable
materials and equipment that will be incorporated in the Work provided that
said materials and equipment have been delivered to the Site or other
acceptable storage places, and were not used at the time the application for
payment.
In order for payment to be made on stored materials and equipment, the
application for payment shall be accompanied by receipts for said items.
SANBORN HEAD
