TECHNICAL SPECIFICATIONS for - City of West Palm Beach

SECTION 01025MEASUREMENT AND PAYMENTPART 1 - GENERAL1.01 DESCRIPTION:Measurement and payment will be based upon Work completed and accepted in accordance with theContract Documents. No separate payment will be made for excavation, trenching, backfilling,leakage tests, surveying, bacteriological tests, density tests, or other incidental items of Work notshown in the Agreement.Contractor must notify the Owner in writing when 80% of contract amount has been reached.1.02 SECTION INCLUDESA. Measurement and payment criteria applicable to the Work performed under a lump sumpayment method with a schedule of bid values for specific portions of the work.B. Defect assessment and non-payment for rejected work.1.03 EQUIPMENT AND MATERIALS IN STORAGE:Partial payment for materials and equipment in proper storage at the site of the Work will be made forthose items for which the Contractor has submitted paid invoices to the Engineer. Paid invoices aredefined as follows:a. Contractor has paid supplier 90% of invoice.b. Contractor has provided a copy of a check or check number in an amount totaling 90% of theinvoice.c. Supplier has received a check for 90% of the invoice.d. Contractor acknowledges that Owner will make a partial payment in the amount of 90% of theinvoice, less retainage for as long as the item is in storage.1.04 PAYMENT:Payment will be made at the respective unit price or lump sum price for each item shown in theAgreement, installed and accepted, which price and payment shall include the providing of all costsrequired for the complete installation labor, including social security, insurance, and other fringebenefits, workman’s compensation insurance; bond premiums; rental of equipment and machinery;taxes; testing; surveys and other incidental expenses; and supervision. No separate payment will bemade for the preparation of record drawings.1.05 PAYMENT SCHEDULE:To assure prompt payment, pay applications must be received by the Engineer-of-Record twenty (20)days prior to the 15th or 30th of the payment date (i.e. for receipt of payment on or about the 30th ofthe month invoices must be received by the 10th of the same month).1.06 PAY ESTIMATE FORMS:The Engineer will accept A1A Form G702 and 703 for submittal. The Contractor shall make copies tobe used for submittal of the following pay estimates. Failure of the Contractor to sign the pay estimateor attach appropriate documentation shall be grounds for returning the pay estimate with no action bythe Owner or Engineer. The Contractor shall submit six (6) copies of the pay request each month.Pay requests without updated progress schedules shall be returned with no action taken.01025 - 1Measure and Payment