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Delhi Community Center Library Renovation 9/29/2023 <br />Santa Ana, California <br /> <br /> <br /> 01 20 00 - 1 Payment Procedures <br />SECTION 01 20 00 <br />PAYMENT PROCEDURES <br />PART 1 - GENERAL <br />1.1 SUMMARY <br />A. Section Includes: Special administrative and procedural requirements necessary to <br />prepare and process Application for Payment. <br />1.2 SCHEDULE OF VALUE <br />A. Coordination: Coordinate preparation of Schedule of Values with preparation of <br />Contractor's Construction Schedule. <br />1. Correlate line items in Schedule of Values with other required administrative <br />forms and schedules, including application for Payment forms with Continuation <br />Sheets, Submittals Schedule, and Contractor's Construction Schedule. <br />2. Submit Schedule of Values to Architect at earliest possible date but no later than <br />seven days before date scheduled for submittal of initial Application for Payment. <br />B. Format and Content: Use Project Manual table of contents as guide to establish line <br />items for Schedule of Values. Provide at least one line item for each Specification <br />Section. <br />1. Identification: Include following Project identification on Schedule of Values. <br />a. Project name and location. <br />b. Name of Architect. <br />c. Architect's Project number. <br />d. Contractor's name and address. <br />e. Date of submittal. <br />2. Submit draft of AIA Document G703 Continuation Sheets. <br />3. Provide breakdown of Contract Sum in enough detail to facilitate continued <br />evaluation of Application for Payment and progress reports. Coordinate with <br />Project Manual table of contents. <br />a. Provide several line items for principal subcontract amounts where <br />appropriate. <br />4. Round amounts to nearest whole dollar; total shall equal Contract Sum. <br />5. Provide separate line item in Schedule of Values for each part of Work where <br />Applications for Payment may include materials or equipment purchased or <br />fabricated and stored, but not yet installed. <br />505 E Central Ave <br />#B11/6/2024