Payment terms for construction contracts with regard to the importation of materials must be determined prior to contract award; 涉及材料进口的施工合同支付条款必须在授予合同之前确定; UN-2 Many construction contracts provide for an advance payment to be made by the employer to the contractor. ...
Construction Contracts: The Importance of Defining the Payment Dispute to Be AdjudicatedRyder, Chris
We ship our goods in accordance with the terms of the contract.我们按合同条款交货。I'm sure ...
This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. The construction payment schedule can be looked at as a sort of insurance. One goal of the contract negotiations between the project owner and the general contractor...
Article second in accordance with the relevant provisions of the "People's Republic of China Guarantee Law", Party A is willing to provide joint and several liability guarantee for the construction contracts signed by Party B and the contractor in accordance with the terms of the contract in a...
aWhen receiving a payment claim properly set out according to the requirements of the Construction Contracts Act 2002 which notes on the claim that it is made in accordance with that Act, what is the correct response to that claim if the quantum of the claim is disputed in part or in its...
Contracts that use milestone-based payments outline payments whenspecific stages of the project wrap up. For instance, a payment could be due to the contractor when they finish clearing the property or when the driveway work wraps up. This payment schedule is ideal when a large construction proj...
Since the 1 May 1998, the Housing Grants, Construction and Regeneration Act 1996 (Construction Act) has required the construction sector to have an adequate payment mechanism in its construction contracts.
While the timing of payments to the contractor, in the course of the construction process, is an important factor in the project cost, it is not referred to either by the bidcomparison procedures or by the contract terms, in almost all kinds of contracts used in construction projects. An at...
XxXxxxxx. In exchange for Xx. XxXxxxxx’x execution of this Agreement and the covenants and promises contained herein and in the Employment Agreement, and subject to the terms and conditions set forth in this Agreement and the Employment Agreement, Altair shall pay Xx. XxXxxxxx the separation ...