11 - Contract with Bernal for 645 Johnso Woods Channel Bank Stablization Project

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C 1 2 3 Submit a Schedule of Values in the payment request format to be used. a. Request must include a completed Summary of Payment Request Values with each estimate submitted. 1) Each request must be sequentially numbered and the payment period indicated. 2) Total amounts for Value of Original Contract Performed, Extra Work on Approved Change Orders and Materials -on - Hand are to be shown on the Summary Sheet and are to correspond to totals indicated on the attached tabulation for each. 3) The number of pages included in each table is to be noted in the blank space on the Summary Sheet to allow a determination to be made that all sheets have been submitted. 4) CONTRACTOR's certification must be executed by the CONTRACTOR's agent of authority and notarized for each payment request. b. The Tabulation of Values for Original Contract Performed is to indicate the total contract amount and the work completed to date. C. The Tabulation of Extra Work on approved Change Orders is to include only approved Change Order items. d. The Tabulation of Materials -on -Hand is to list all materials that are presented for payment. Once an item has been entered on the tabulation it is not to be removed. e. Project Summary Report is to be included with each payment request. Data included in the Project Summary report are to be taken from the other tabulations. The Schedule of Values and the form for the submission of requests may not be altered without the express written consent of the OWNER once these have been approved by the OWNER. Final payment requires additional procedures and documentation per Section 01 70 00, Contract Closeout. Progress payments shall be made as the work progresses on a monthly basis. 1 2 3 The payment period shall end on the last day of each month and shall cover all work completed and materials received since the end of the last payment period. After the end of the payment period, submit a draft copy of the payment request for that month to the ENGINEER. Agreement is to be reached on: a. The percentage of work completed for each lump sum item. b. The quantity of work completed for each unit price item. C. The percentage of work completed for each approved Change Order item. d. The amount of Materials -on -Hand. On the basis of these agreements, the CONTRACTOR is to prepare a final copy of the payment request and submit it to the OWNER's Representative for approval. City of Paris, Texas 01 22 13 — Page 4 of 6 Measurement and Payment 9/10/2020