Tuesday, February 23, 2010

certificate for payment

Document verified by an architect, engineer, or owner of a construction project that the noted work has been completed and is approved for payment by the general contractor.


JKR
50.3 (a) (i) Where a Payment Schedule is included in the Contract, the
P.D. shall within fourteen (14) days upon receipt of any application for Interim Payment, issue an Interim Certificate stating the amount due to the Contractor from the Government if the P.D. considers that the amount stated as due in the application is in accordance with this Contract.
(ii) If the P.D. considers that the amount stated as due in the application is not in accordance with this Contract he shall forthwith issue to the Contractor a notice with reasons to the effect and the Government shall pay within the same period stated in Clause 50.3(c) such amount as the P.D. considers to be properly due as an Interim Payment.
  1. The payment by the Government of the amount referred to in subclause 50.3(a)(ii) shall be without prejudice to the right of the Contractor in respect of any amount which he considers has been improperly withheld by the Government or in respect of any payment which he considers was not in accordance with this Contract.

No comments:

Post a Comment