Sessional Papers - Legislature of the Province of Ontario Volume 11 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 Excerpt: ...and on or about the twentieth day of the next ensuing month payments equal to about ninety per cent, of the value of the work done, as shown by such approximate momthly estimate shall be made to the Contractor upon presentation of the written certificate of the 'Chief Engineer that the work for or on account of which the certificaite is granted has been duly performed and executed to his satisfaction and stating the value of such work computed as mentioned and upon approval of such certificate by the Commission and the said certificate and such approval thereto shall be a condition precedent to the right of the Contractors to lie paid said ninety per cent, or any part thereof. The remaining ten per cent, shall be retained by the Commission until the final completion of the whole work as an additional security for the performance of this agreement by the Contractors and when in the opinion of the Chief Engineer this agreement has been completely performed in accordance with the provisions thereof and until the Chief Engineer shall be satisfied that all wages of all workmen, laborers and servants of the Contractors and of all sub-contractors under them, as well as the price of all materials and supplies made, procured or provided for the Contractors or for any of the sub-contractors have been duly paid, he shall certify the same accordingly in writing, under his hand, with a final estimate of the work done by the Contractors and with a statement of the amount due and unpaid and within two months after the granting of such certificate the amount so found due and unpaid shall be paid to the Contractors upon delivery to the Commission of a good and valid release and discharge of and from any and all claims and demands for and in respect of all matters and things...