The process required to apply for project payment is to first submit the project payment application form, and then the on-site engineer and engineering department manager will verify the project payment. After verification, the project payment application form can be signed, and then the project payment application form needs to be signed. The construction unit will submit all materials and then the construction unit will pay.
1.
What procedures are required to apply for project funds? The following procedures are required to apply for project funds:
1. The construction unit submits the "Project Payment Application Form" to the Engineering Department 》 (Must be signed and stamped by the project manager of the construction unit).
2. The on-site engineer shall verify the quantity and quality of the actual completed projects for which the payment is requested, and sign the "Project Payment Application Form".
3. The manager of the engineering department shall verify the quality and quantity of the project and sign the "Project Payment Application Form".
4. After the project is completed, the construction unit shall submit an electronic version of the settlement statement to the budget specialist, and provide corresponding design changes, project cost-related work contact sheets, project visa forms, etc.
2.
What does the project payment include? The content of the project payment includes the following items:
1. Advance payment
Commencement of construction The former contractor shall advance payment to the contractor for preparation for the construction of the contract project. Construction preparation matters include purchasing materials, engineering equipment, construction equipment, building temporary facilities, and organizing construction teams to enter the site. The advance payment ratio is generally not less than 10% of the contract amount and not higher than 30% of the contract amount.
2. Progress payment
A project price that the employer should pay to the contractor based on the completion of the project during the construction period. In engineering practice, the contractor agrees to pay progress payment generally at 70% of the contract price. There are three payment methods for progress payment: First, payment is made in stages according to the image progress; second, payment is made in stages according to the amount of completed work; third, payment is made according to the stage and period. Mixed payments.
3. Settlement payment
After the project is completed and settled, the employer should pay the remaining project price to the contractor except for the warranty deposit. The completion settlement amount is equal to the completion settlement price minus the warranty deposit and the amount already paid. Find the French website to remind you that the prerequisite for payment of the completion settlement payment is that the project is completed and accepted.
3.
How to deal with non-payment of project payment There are several ways to deal with non-payment of project payment:
1. Terminate the contract
When the contractor repeatedly breaks his promise, both parties no longer have the basis for cooperation, and the contractor should terminate the contract decisively. The contractor's termination of the contract stems from the serious breach of contract by the contractor, so it can require the contractor to pay the project price, liquidated damages, and compensate for losses (including direct losses and available profits).
2. If the contract developer fails to pay the price as agreed, the contractor may, after being reminded, agree with the contract developer to discount the project price, or apply to the People's Court to auction the project in accordance with the law, and the construction project price shall be determined accordingly. Project discounts or auction prices will be paid first.
For more information about engineering/service/purchasing tender document writing and production to improve the bid winning rate, you can click on the official website customer service at the bottom for free consultation: /#/bid