012900.pdf
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CP Relocation 012900 Measurement and Payment
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Text version
DCFT #082207
Hanson #03S1408GGB
012900-1 012900
MEASUREMENT AND PAYMENT
DIVISION 01 - GENERAL REQUIREMENTS
SECTION 012900 – MEASUREMENT AND
PAYMENT
PART 1 – GENERAL
1.1 RELATED DOCUMENTS
A. Drawings and general provisions of the Contract, including General and Supplementary Conditions and other Division 01 Specification Sections, apply to this Section.
1.2 ADMINISTRATIVE SUBMITTALS
A. Schedule of Values.
B. Application for Payment.
C. Final Application for Payment.
1.3 SCHEDULE OF VALUES
A. Submit Schedule of Values (AIA G703 or equal is suggested) with each request for payment, and with the mid-month Progress Report. Also submit a copy on a CD, in a spreadsheet format compatible with Excel 2007 or lower version.
B. Break down by Division 01 through 49 with appropriate subdivision of each Specification and subcontractors. List Profit, Overhead, Bonds and Insurance Premiums, Mobilization, Demobilization, and Contract Closeout as subdivisions of Division 01.
C. An unbalanced schedule will not be acceptable.
D. Summation of the complete schedule of values representing all Work shall equal the Contract Price.
1.4 APPLICATION FOR PAYMENT
A. Refer to FAR 52.232-5, “Payments Under Fixed Price Construction Contracts.”
B. Progress payments will be made monthly.
C. Submit invoice in the format shown at the end of this section.
D. The date for Contractor’s submission of monthly Application for Payment shall be no sooner than the last day of each month, and no later than the 5th day of each month.
DCFT #082207
Hanson #03S1408GGB
012900-2 012900
MEASUREMENT AND PAYMENT
1.5 NONPAYMENT FOR REJECTED OR UNUSED PRODUCTS
A. Payment will not be made for following:
1. Loading, hauling, and disposing of rejected material.
2. Quantities of material wasted or disposed of in manner not called for under Contract
Documents.
3. Rejected loads of material, including material rejected after it has been placed by reason of failure of Contractor to conform to provisions of Contract Documents.
4. Material not unloaded from transporting vehicle.
5. Defective Work not accepted by Contracting Officer.
6. Material remaining on hand after completion of Work
1.6 PARTIAL PAYMENT FOR STORED MATERIALS AND EQUIPMENT
Refer to FAR 52.232-5, “Payments Under Fixed Price Construction Contracts.”
PART 2 - PRODUCTS (NOT USED)
PART 3 - EXECUTION (NOT USED)
END OF SECTION OF 012900
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