Interim Payments

Offer guidance to the Architect/Engineer on a construction project regarding issuing interim certificates and payment notices. Conduct joint site inspections, evaluate project progress, and calculate Interim Payments due to the Contractor based on the assessment.

Interim Payment Calculation: Calculating the amount of Interim Payments due to the Contractor based on the progress of the construction project and the terms outlined in the contract.
Site Inspections and Evaluation: Conducting joint site inspections with project stakeholders to assess the progress and quality of work completed, which serves as a basis for determining the Interim Payments.
Interim Certificate Issuance: Providing guidance and support to the Architect/Engineer in issuing interim certificates that document the progress of the project and certify the amount of Interim Payment due.
Payment Notice Preparation: Assisting in the preparation of payment notices that inform the Contractor of the Interim Payment amount to be disbursed and the relevant supporting documentation.
Contract Compliance Review: Reviewing project documentation and contract terms to ensure that Interim Payments are calculated and processed in accordance with the agreed-upon terms and conditions.

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