Laserfiche WebLink
City of Everett 01 29 00 - 1 <br /> <br /> <br />01 29 00 - 1 PAYMENT PROCEDURES <br /> <br />SECTION 01 29 00 - PAYMENT PROCEDURES <br />PART 1 - GENERAL <br />1.1 PRIOR TO APPLICATION OF PROGRESS PAYMENTS <br />A. Submit and receive approval of construction progress schedule and schedule of values <br />as specified in Section 01 32 16 Construction Progress Schedule. <br />B. Submit a list of all Subcontractors and Suppliers performing work. <br />1.2 PAYMENT REQUESTS <br />A. GENERAL: Except as otherwise indicated, the progress payment cycle is to be regular. <br />Each application must be consistent with previous applications and payments. Certain <br />applications for payment, such as the initial application, the application at Substantial <br />Completion, and the Final Payment Application involve additional requirements. <br />B. PAYMENT APPLICATION TIMES: The cut-off date for each application for a progress <br />payment shall be the 10th of the month. Applications received after the 10th of each <br />month, will be process the following month. Work should not be projected past the cut- <br />off date. <br />C. PAYMENT APPLICATION FORMS: Application for payment shall include the <br />contractors’ official letter head, invoice number, date of invoice and project identification. <br />D. APPLICATION PREPARATION: Except as otherwise indicated, complete every entry <br />provided for on the form, including notarization and execution by authorized persons. <br />Incomplete applications will be returned by Architect without action. Entries must match <br />current data of schedule of values and progress schedule and report. List change orders <br />approved prior to submission date individually using Owner's Change Order designation <br />and description, as if for an original component item of work at the end of the form. Do <br />not bill for contract change proposals until an approved Change Order has been received <br />incorporating the change. <br />E. The following shall be reviewed prior to approval of the draft application for payment: <br />1. As-built drawings will be reviewed for completeness and accuracy. <br />2. Updated construction schedule. <br />1.3 SUBMITTAL PROCEDURE <br />A. Contractor is cautioned to carefully check all extensions, totals, and required information <br />for accuracy before formal submittal. <br />B. Submit three (3) copies of application for payment.