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The purpose of payment certificates is to inform the client about the release of a payment to the contractor, after a certain amount of work has been carried out or a milestone has been reached. These certificates are: Interim Payment Certificates made following submission and checking of periodic valuations.

Contractors rely on interim payment certificates to provide the essential cash-flow for their projects. A contract would ordinarily stipulate the interval in which progress claims are made, certificates are issued, and payments made on those certificates.

The payment certificate's function is to record the factual situation existing at a point in time during the progress of the works and for the certifier to give, in effect, his opinion as to the item / s being certified i.e. the value of the work performed to a certain point in time.

The purpose of payment certificates is to inform the client about the release of a payment to the contractor, after a certain amount of work has been carried out or a milestone has been reached. These certificates are: Interim Payment Certificates made following submission and checking of periodic valuations.

Interim payment certificate is a process for the client make payment to the contractor when the works are complete. Interim payment certificate are more usually regular payments the value of which is according to the value of work done.

Interim certificates provide a mechanism for the client to make payments to the contractor before the works are complete. The Housing Grants, Construction and Regeneration Act, states that a party to a construction contract in excess of 45 days is entitled to interim or stage payments.

Many standard forms of construction contract require that certificates are issued by the contract administrator. Certificates generally result in payment being made by the client to the contractor.

Certificate. The document that you send to the subcontractor, usually with the payments, as an acknowledgement of the payment.

- Upon receipt of the Application (and FULL DETAILS), the Architect (with the Quantity Surveyor assisting), has a MAXIMUM of 21 days to issue a corresponding INTERIM CERTIFICATE to the EMPLOYER (with a copy to the Contractor).

Certificate. The document that you send to the subcontractor, usually with the payments, as an acknowledgement of the payment.