FAQ.26
Question:
Can I issue a Certificate for Payment that reduces the value from the last month’s value for a particular trade?
Answer:
Yes. Providing of course there is a valid reason to do so.
A Certificate for Payment is a statement by the architect regarding the percentage of the total project that has been attained. The schedule of values done by the contractor is used as reference by the reviewing consultants.
There may be an occasion that the trade, contractor and consultant have each misjudged the value of a particular line item of work, or it could be that some work was later found to incorporate incorrect material or to be deficient in some way. Although a general contractor or a trade may object, standard construction contracts do not prohibit this.
Updated: 2021/Mar/18