Ariston Pacific, Inc. 5/9/2016 - Laserfiche WebLink

I 1 The Contractor shall comply with the requirements of RCW 39.04.250, 39.76.011, 2 39.76.020, and 39.76.040, in particular regarding prompt payment to Subcontractors. 3 Whenever the Contractor withholds payment to a Subcontractor for any reason 4 including disputed amounts, the Contractor shall provide notice to the Subcontractor 5 with a copy to the Contracting Agency identifying the reason for the withholding and a I6 clear description of what the Subcontractor must do to have the withholding released. 7 Following receipt of a progress payment from the Contracting Agency, a Monthly 8 Payment Summary form shall be submitted to the Engineer in PDF format within 20 9 calendar days. The Monthly Payment Summary shall include all Subcontractors that ■ 10 completed Work that was paid on the progress estimate by the Contracting Agency. 11 Retainage withheld by the Contractor prior to completion of the Subcontractors work is I 12 exempt from reporting as a payment withheld and is not included in the withheld 13 amount. The Monthly Payment Summary form is available from the Engineer. The 14 Contracting Agency's copy of the notice to Subcontractor for deferred payments shall be I 15 submitted with the Monthly Payment Summary. 16 17 1-08.1(1) Subcontract Completion and Return of Retainage Withheld O 18 This section is revised to read: 19 20 The following procedure shall apply to all subcontracts entered into as a part of I 21 this Contract: 22 23 Requirements 24 1. Upon request, the Engineer will provide a copy of any or all progress payment 1 25 estimates, with regard to contract payments to any interested party to the 26 project. 27 28 2. The Contractor shall make payment to the Lower Tier Subcontractor not later 29 than ten calendar days after receipt of payment for work satisfactorily 30 completed by the Lower Tier Subcontractor, to the extent of the Lower Tier I 31 Subcontractor's interest therein. 32 33 3. In the event the Contractor believes they have the right under the Contract or I 34 Subcontract to withhold payment in part or whole from a Lower Tier 35 Subcontractor they shall provide immediate notification to that Lower Tier 36 Subcontractor and the Engineer. The notice shall include an accounting of 37 payments to date, the value and reason for the withheld amount, and an I38 explanation of what must be done to have the withheld amount released. The 39 Lower Tier Subcontractor shall be paid within eight calendar days after the 40 Subcontractor completes the remedial action identified. I 41 42 4. Every subcontract and lower tier subcontract shall have a dispute resolution 43 process incorporated for resolving issues between the parties to the I 44 subcontract, or one shall be established as necessary. 45 46 5. If the parties agree, the WSDOT will make a third party neutral available I 47 provided the parties to the dispute agree that the cost of doing so is split 48 between them. 49 50 6. The Engineer will withhold the same amount of funds from the Contractor as 51 was withheld if the issue is not resolved by the next progress estimate. 52 1 I AMENDMENTS TO THE 2014 STANDARD SPECIFICATIONS BOOK Revised: 8/3/15