Payment Certificate #003
Date:
ConstructAI Corp.
123 Innovation Drive, Tech City
To:
Client ABC Corp.
456 Business Ave.
Project:
Downtown Skyscraper
Contract #CTR-2023-001
Status:
Pending Approval
Progress Summary
| Work Completed to Date | $2,700,000.00 |
|---|---|
| Previously Certified | $2,430,000.00 |
| This Certification | $270,000.00 |
Line Item Details
| WBS | Description | % Completed | Amount |
|---|---|---|---|
| 3.1.1 | Excavation | 100% | $60000 |
| 3.1.2 | Formwork | 80% | $120000 |
| 3.1.3 | Rebar Installation | 60% | $90000 |
| Subtotal | $270000 | ||
Adjustments
| Variations | $0.00 |
|---|---|
| Retention (10%) | -$27000 |
| Tax (5%) | $12150 |
Total for this Certificate$255150
Approval Panel
Review and action this certificate.
Supporting Information
Approval Workflow
Foreman
Approved by J. Smith - 7/28/24
Project Manager
Approved by A. Johnson - 7/29/24
Quantity Surveyor
In Review by K. Lee
You (Client)
Pending Approval