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  • Gsa 2419 - Certification Of Progress Payments Under Fixed-price Construction Contracts

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TION 4. CONTRACT DATE 5. NAME AND ADDRESS OF CONTRACTING OFFICER (Number, Street, City, State and ZIP code) 6. INVOICE NUMBER INSTRUCTIONS Type or print all entries on this form except Item 8. Please sign and return the original; keep a copy for your records. 7. CERTIFICATION In accordance with the clause at FAR 52.232-5, Payments Under FixedPrice Construction Contracts, I hereby certify, to the best of my knowledge and belief, that -(1) The amounts requested are only for performance in acc.

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If progress payments are to be made, they should be made not more frequently than monthly in arrears or at clearly identifiable stages of progress, based upon written progress reports submitted with the contractor's invoices. Progress payments shall not be made in advance of delivery or acceptance of goods or services.

Contractors or subcontractors can request a progress payment using a payment application, which should be defined in the contract requirements. A payment application is a type of construction document that prime contractors and first-tier subcontractors use to request payment from the hiring party.

There is no single method of calculating progress payments, but the most common formula is the percentage of completion applied to the total contract price, less retainage which is held by the project owner until final acceptance of the project.

A progress payment is a partial payment approach identified in a contract related to steps or phases toward the completion of the contract for goods and/or services. Use of this payment approach can require withhold of a percentage of payment pending completion of the entire contract and a bond.

(i) The due date for making progress payments based on contracting officer approval of the estimated amount and value of work or services performed, including payments for reaching milestones in any project, is 14 days after the designated billing office receives a proper payment request.

Section 110A(6) of the Act defines the “payment due date” as “…the date provided for by the contract as the date on which the payment is due”.

The due date is the date on which a payment or invoice is scheduled to be received by the nominee. For example, in the case of an electronic funds transfer, the due date is the date that the payment is scheduled to be deposited in the nominee's bank account and available to be withdrawn.

The Payment application is then reviewed by the Architect/Engineer of Record and approved by the project owner (or the owner's representative).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232