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<br />002038 <br /> <br />I. Payment. <br /> <br />1. In general. Payments to the Contractor under each individual Construction Contract <br /> <br />shall: <br /> <br />(a) Be made as expeditiously as practicable; and <br /> <br />(b) Include financial arrangements to cover funding during periods covered by <br />joint resolutions adopted by Congress making continuing appropriations, to the extent <br />permitted by such resolutions. <br /> <br />2. Progress Payments. Chapter 39 oftitIe 31, United States Code, (the Prompt Payment <br />Act), shall apply to payments under each individual Contract. Progress payments will be made <br />monthly, as the work proceeds, on estimates of work accomplished which meets the standards of <br />quality established under each Construction Contract. Progress payments will be processed <br />pursuant to FAR 52.232-5 (Payments Under Fixed-Price Construction Contracts) and FAR <br />52.232-27 (Prompt Payment Under Construction Contracts). <br /> <br />Progress payments will also include, as applicable: <br /> <br />(a) Beginning Contract Payments. The negotiated amount for these payments <br />will be provided as a line item for Mobilization and Preparatory Work and the payment <br />intervals shall be negotiated and specified in the provision entitled "Payment for <br />Mobilization and Preparatory Work" contained in each individual Contract. <br /> <br />(b) Startup Costs. Payment for major expenditures shall be included as <br />individual line items as negotiated and specified in each individual Contract. <br /> <br />3. Other Costs. All Contractor planning and other pre-contract costs authorized under <br />gI06(a)(2) and (5) will be awarded utilizing a gl08 agreement in place or to be established. <br /> <br />4. Use of Funds Advanced. funds advanced to the Contractor shall be used only for <br />purposes authorized under this contract. The funds cannot be used for any purpose other than an <br />authorized project expenditure, even on a temporary basis. Such funds when invested or <br />deposited shall be subject to the following: <br /> <br />(a) Advanced funds not immediately spent for program activities may be invested <br />only in obligations of the United States, in obligations or securities that are guaranteed or <br />insured by the United States, or mutual (or other) funds registered with the Securities and <br />Exchange Commission and which only invest in obligations of the United States or <br />securities that are guaranteed by the United States; <br /> <br />(b) Ifnot invested, advanced funds must be deposited into accounts that are <br /> <br />14 <br />