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2008-024
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2008-024
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Last modified
5/19/2017 3:20:58 PM
Creation date
10/5/2015 9:02:53 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
01/22/2008
Control Number
2008-024
Agenda Item Number
7.I.
Entity Name
Timothy Rose Contracting
Subject
Vero Lake Estates Master Plan Water Main Phase II
Area
Vero Lake Estates
Project Number
UCP 2958
Bid Number
2008020
Supplemental fields
SmeadsoftID
8663
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l <br />APPLICATION FOR PAYMENT <br />INSTRUCTIONS <br />A. GENERAL INFORMATION <br />The sample form of Schedule of Values is intended as a guide only. Many projects require a more <br />extensive form with space for numerous items, descriptions of Change Orders, identification of <br />variable quantity adjustments, summary of materials and equipment stored at the site and other <br />information. It is expected that a separate form will be developed by Engineer and Contractor at the <br />time Contractor's schedule of Values is finalized. Note also that the format for retainage must be <br />changed if the Contract permits (or the law provides), and Contractor elects to deposit securities in <br />lieu of retainage. Refer to Artide 14 of the General Conditions for provisions concerning payments to <br />Contractor. <br />B. COMPLETING THE FORM <br />The Schedule of Values, submitted and approved as provided in paragraphs 2.05.6.3 and 2.07 of <br />the General Conditions, should be reproduced as appropriate in the space indicated on the <br />Application for Payment form. Note that the cost of materials and equipment is often listed <br />separately from the cost of installation. Also, note that each Unit Price is deemed to include <br />Contractor's overhead and profit. <br />All Change Orders affecting the Contract Price should be identified and included in the Schedule of <br />Values as required for progress payments. <br />The form is suitable for use in the Final Application for Payment as well as for Progress Payments; <br />however, the required accompanying documentation is usually more extensive for final payment. All <br />accompanying documentation should be identified in the space provided on the form. <br />C. LEGAL REVIEW <br />All accompanying documentation of a legal nature, such as Lien Waivers, should be reviews by an <br />attomey, and Engineer should so advise Owner. <br />00800-29 <br />H\Projects10741 \Bidding Contract Specifications1Spec Template120071008001supplementary Conditions.doc <br />
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