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INTERIM CERTIFICATE AND
PROGRESS PAYMENT
In construction projects payments to a contractor are made
through invoices (Interim payments) including all relevant
details about the quantities executed and the sums of money
to be earned. Each invoice has a certificate which is typically
a summary page showing the previous, current and total
earnings in addition to deductions or discounts.
PAYMENT TO CONTRACTOR
& INTERIM CERTIFICATE
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.
INTERIM PROGRESS
PAYMENT
In Malaysia, the standard forms of contract had provided
clauses for the payment application and certification. The
related payment clauses in respect of the various conditions
of contract in use in Malaysia are as the following
In PAM 2006 Sub- Clause 30.1, requires the Contractor to
submit sufficient details or particulars to the Architect for
him to value and ascertain the works (including materials and
goods on site) and issue interim certificate for Contractor‟s
entitlement to payment. The materials and goods on site
shall be reasonably, properly and not prematurely delivered
with adequate protection against weather or any other
casualties
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