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Introduce payment certificate

good day everyone i am a student who pursuing bachelor of quantity surveying from university technology malaysia today i'm here to discuss a topic on preparation of interim payment certificate in construction contract this certificate is actually to provide a mechanism for the client to make progress payment to the contractor before the project is complete so this can also be defined as the money paid in advance of the final account which the sum of this progress payment will then be deducted from the final payment and the value of the progress payment is actually depends on the value of work done that has been completed by the construction team in that particular period okay let's discuss on the procedure to prepare the interim payment first and foremost the contractor is entitled to submit a payment claim to the client along with the detailed progress statement including all the subcontractor work which had been completed at the payment claim debt and then after received the claim the consultant quantity surveyor will play the role to check the contractor variation on site so the qs will arrange the debt or visit with the contractor and the contractor will send a representative to accompany the qs during the inspection and then during the day of site visit the qs will make record of the progress on site as he's seen and he is responsible to verify the work claim for has actually been carried out and then he has to make sure that the contractor application of payment is automatically correct besides the qs will have to notify the contractor if he thinks like the claim is overstated or otherwise after the sun visit kos will start to prepare the interim certificate however since the interim violation is for all work completed but not only for the work completed at that particular period the qs will have to certify the interim payment by subtracting the previous relation from korean volation on top of that during preparing the payment the qs will have to make sure the anticipated final contract value is sufficient to complete the remaining construction works besides a qrs shall avoid under evaluation because it will reduce the with the cash flow of a contractor in contrast overviolation shall also be prevented because it will risk the employer position in the event that contractor is default or fail to complete the construction works apart from the progress of work the interim certificate will also consist the material on site basically the contractor will backup their list of materials with a copies of delivery orders and then the amount and the quantity of the materials on site will be observed by the qs during the site visit meanwhile the interim certificate will also take into account the pricing of preliminary views this maybe have a numbers of items separately pricing or this may be in the one single sum lastly upon the receipt of contractor details and particulars architects shall...