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pf_00500
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2/17/2016 1:39:52 PM
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2/9/2016 12:47:06 PM
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� <br />� <br />� <br />�I <br />noticp, fails <br />guarantee, the <br />and his surety <br />to proceed prr�mptly to compty w�th the terms of th9s <br />OWN�R may ha�re the Work corrected and the CONTRAC70R <br />sha11 b�e liable for all expenses incurred, <br />ARTICLE 26 - APPLICATI�)NS FQR PROGRE�S PAYMENTS <br />26,1 At ?east ten day:�; prior to submitting the first App��cation <br />for a progress paym�r�i,, the CONTRACTOR will submit a schedule of <br />va?ues of the Wo rk i�c�lud��9 guar�tities and unit p rices, aggregating <br />the Contract Pr1ce. Tfiis schedule sha?� be sat;isfactory in form arid <br />substance to the ENGINf:ER and shall subdivide the Work ir�to component <br />parts in suffic;Qnt de�:ail to serve as the basis for progress paymenis <br />during c��ns�ruction. UpQn approval of the schedule of ualues by the <br />ENGINEER, it shal� be inco.rporated into ihe fo.rm o� Application for <br />Payment furnished by tl�ie ENGINEER. <br />26,,2 At least tPn day«; before each progress payment fa17s au�. �but <br />not more �han once a mc�nth), the CONTRACTOR will submit to the <br />ENGINEER, for .reui�w, the completed App�ication fo.r �aymen�� covering <br />the Wor1c completed as of the date of the Application an� s�apported <br />by su�h data as the ENGINEER may reasonably require< If payment is <br />requested on tfie b�sis of materials and equipment not incor�porat�d <br />in th�e Work but dQ1 ivered and suit�ably stored a� tl�e site or at <br />another location agraed to in writing, the App)icat�on for Pay��nt <br />sha1� also be accompanied by such suppo►�ting data, satisfactory <br />to the OWNER, as wi11 establish th� OWNER'S title to the mater�a1 <br />and equipment and protec�: his interest therein. <br />� 26�3 The CQNTRACTQR war►�ants that he and all his Subcontr�ctors <br />have and wi11 m�intain good title to all materia]s and equipment <br />?ncorporated in the Project and all materia? and equipment otherwise <br />liste� in an Applicat�on for Payment� free and clear of all liens <br />� claims, security interests and encumbrances; and he will nat ar u�re <br />nar permit any Subcc,ntraGtor to acqui re any such materia] and 9 <br />equipment subject to any ag reement under which an int�rest th� r�in <br />' or encumbrance thereor, is retained by the sell;.r or ott7erwise <br />imposed by 1;he CONTRACTOR <br />26,4 The ENGINEE(� will. within ter-� days after rece�ipt af each <br />' Applicat:ion f�r Payment, indicate in wrii:ing his a roval <br />payment and present the Application to the OWNER, op retur��the <br />Application ta the CQNTRACTOR indicat�ng in writing h�s reasons for <br />' refusing to approve pa,yment. In the ldtter case, the CONTRACrOR <br />may make the neces�ary �p�•rP.CtlonS anci re-s��bm�t the Applieat►on. <br />The OWNER wTll w;thin ten days afte�� presentation to him of an <br />' approved Application for Paytnent, pay the CONTRACTOR tlie amount <br />approved by the ENuINEER <br />� <br />� <br />' G - 1 �, <br />
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