Laserfiche WebLink
Gateway Park Center PERKINS+WILL <br /> 810495.000 <br /> 12/06/18 <br /> <br /> <br />PAYMENT PROCEDURES <br />01 29 00 - 2 <br /> <br /> <br />1.3 APPLICATIONS FOR PAYMENT <br />A. Each Application for Payment following the initial Application for Payment shall be <br />consistent with previous applications and payments as certified by Architect and <br />paid for by Owner. <br />B. Payment Application Times: The date for each progress payment is indicated in the <br />Agreement between Owner and Contractor. The period of construction work <br />covered by each Application for Payment is the period indicated in the Agreement. <br />1. Submit draft copy of Application for Payment in accordance with Contract <br />between the Contractor and Owner. <br />C. Application for Payment Forms: Use AIA Document G702 and AIA Document G703 <br />Application Preparation: Complete every entry on form. Notarize and execute by a <br />person authorized to sign legal documents on behalf of Contractor. Architect will <br />return incomplete applications without action. <br />1. Entries shall match data on the schedule of values and Contractor's <br />construction schedule. Use updated schedules if revisions were made. <br />2. Include amounts for work completed following previous Application for <br />Payment, whether or not payment has been received. Include only amoun ts <br />for work completed at time of Application for Payment. <br />3. Include amounts of Change Orders and Construction Change Directives issued <br />before last day of construction period covered by application. <br />D. Transmittal: Submit three (3) signed and notarized original copies of each <br />Application for Payment to Architect by a method ensuring receipt. One copy shall <br />include waivers of lien and similar attachments if required. <br />1. Transmit each copy with a transmittal form listing attachments and recording <br />appropriate information about application. <br />E. Waivers of Mechanic's Lien: With each Application for Payment, submit waivers of <br />mechanic's lien in accordance with the contract between Contractor and Owner. <br />1. Submit partial waivers on each item for amount requested in previous <br />application, after deduction for retainage, on each item. <br />2. When an application shows completion of an item, submit conditional final or <br />full waivers. <br />3. Owner reserves the right to designate which entities involved in the Work <br />must submit waivers. <br />4. Submit final Application for Payment with or preceded by conditional final <br />waivers from every entity involved with performance of the Work covered by <br />the application who is lawfully entitled to a lien. <br />5. Waiver Forms: Submit executed waivers of lien on forms acceptable to <br />Owner. <br />F. Initial Application for Payment: Administrative actions and submittals that must <br />precede or coincide with submittal of first Application for Payment include the <br />following: <br />1. List of subcontractors.