Kernersville B-40 & South - Town of Kernersville

COMPENSATION:
All work or items, other than those listed on the Bid Form contained in the Contract Proposal, necessary to
complete this work will be considered incidental in nature and no further compensation will be made.
Partial payments for work on this project will be made as specified in the Project Special Provisions.
All invoices, pay estimates, tax statements, and DBE-IS Forms are to be mailed to:
Town of Kernersville
P.O. Box 728
Kernersville, N.C. 27285
ATTN: Accounts Payable
Statements of all subcontractor payments must be included with invoices in order to pay invoices. These
statements are to be submitted on the Subcontractor Payment Information Form (DBE-IS), which will be
mailed along with other payment requests forms.
PROSECUTION AND PROGRESS:
The Contractor shall pursue the work diligently with workmen in sufficient numbers, abilities, and
supervision, and with equipment, materials, and methods of construction as may be required to complete
the work described in the contract by the completion date and in accordance with Section 108 of the
Standard Specifications.
The Contractor's operations are restricted to daylight hours. No work may be performed on Saturdays,
Sundays and Legal State holidays. Work shall only be performed when weather and visibility conditions
allow safe operations.
A. SCHEDULE OF VALUES:
At least ten (10) days prior to submitting the first application for a progress payment, the Contractor will
submit a schedule of values of the work including quantities and unit prices, totaling the Contract price.
This schedule shall be satisfactory in form and substance to the Owner and Project Manager and shall
subdivide the work into component parts in sufficient detail to serve as the basis for progress payments
during construction. Upon approval of the schedule of values by the Owner and Project Manager, it shall
be incorporated into the form of application for payment furnished by the Owner and Project Manager.
B. APPROVAL OF PAYMENT:
The Project Manager will, within five (5) days after receipt of each Application for Payment, either indicate
in writing his approval of payment and present the Application to the Owner or return the Application to
the Contractor indicating in writing his reasons for refusing to approve payment. In the latter case, the
Contractor may make the necessary corrections and resubmit the Application. The Owner will, within
fifteen (15) days of presentation to him of a Project Manager-approved Application for Payment, review
the Application and conduct field checks that are deemed necessary to satisfy the Owner that all work and
materials applied for have been completed or stored on site. If not completely satisfied, the Owner will
indicate in writing the reasons for payment application reductions or refusal to process Application for
Payment. If Owner is satisfied, Owner will promptly process Application for Payment. The Owner and/or
Project Manager may withhold approval or a monthly Application for Payment, which amounts to $1,000
or less.
11509; WBS #: 3709.3.23 B40 Interchange Landscape 51