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DSS Skills Development Center Smith Sinnett / 2020045 <br />Chapel Hill, North Carolina Orange County <br /> <br />PAYMENT PROCEDURES 01 29 00 - 3 <br />B. Payment Application Times: The date for each progress payment is indicated in the Agreement between <br />Owner and Contractor. The period of construction Work covered by each Application for Payment is the <br />period indicated in the Agreement. <br />C. Payment Application Forms: Use AIA Document G702 and Contractor’s construction schedule <br />indicating Item No., % complete, amount earned, amount earned current pay period, and amount <br />remaining as form for Applications for Payment. <br />D. Application Preparation: Complete every entry on form. Notarize and execute by a person authorized to <br />sign legal documents on behalf of Contractor. Architect will return incomplete applications without <br />action. <br />1. Entries shall match data on the Schedule of Values and Contractor's Construction Schedule. Use <br />updated schedules if revisions were made. <br />2. Include amounts of Change Orders and Construction Change Directives issued before last day of <br />construction period covered by application. <br />E. Transmittal: Submit 5 five signed and notarized original copies of each Application for Payment to <br />Architect by a method ensuring receipt within 24 hours. One copy shall include waivers of lien and <br />similar attachments if required. <br />1. Transmit each copy with a transmittal form listing attachments and recording appropriate <br />information about application. <br />F. Waivers of Mechanic's Lien: With each Application for Payment, submit a notarized waiver of <br />mechanic's lien from the Prime Contractor. With each Application for Payment, submit waivers of <br />mechanic's liens from subcontractors, sub-subcontractors, and suppliers for construction period covered <br />by the previous application. With each Application for Payment, submit waivers of mechanic's lien from <br />every entity who is lawfully entitled to file a mechanic's lien arising out of the Contract and related to the <br />Work covered by the payment. <br />1. Submit partial waivers on each item for amount requested in previous application, after deduction <br />for retainage, on each item. <br />2. When an application shows completion of an item, submit final or full waivers. <br />3. Owner reserves the right to designate which entities involved in the Work must submit waivers. <br />4. Submit final Application for Payment with or preceded by final waivers from every entity <br />involved with performance of the Work covered by the application who is lawfully entitled to a <br />lien. <br />5. Waiver Forms: Submit waivers of lien on forms, executed in a manner acceptable to Owner. <br />G. Bill of Material: With each Application for Payment, submit a bill of materials for each stored material <br />listed for payment on the pay application. The bill of material shall state the quantity of material, stored <br />on site, that is being billed for on the current Application for Payment. The bill of material shall <br />correspond to the actually verified amount stored on site. <br />H. NC Sales Tax Form: With each Application for Payment, submit a NC Sales Tax form. Refer to form at <br />end of this section. <br />I. Initial Application for Payment: Administrative actions and submittals that must precede or coincide <br />with submittal of first Application for Payment include the following: <br />1. List of subcontractors. <br />2. Schedule of Values. <br />3. Contractor's Construction Schedule (preliminary if not final). <br />4. Products list. <br />5. Submittals Schedule (preliminary if not final). <br />6. List of Contractor's staff assignments. <br />7. List of Contractor's principal consultants. <br />8. Copies of building permits. <br />DocuSign Envelope ID: ECCAC5A0-6CC8-4B37-8AD3-89D69F0AE1AE