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Contracts & Purchasing Services Pty Progress PAYMENT CERTIFICATE Click on one of the links below to download a simple Progress Payment Certificate in either Excel or Lotus 123 format. This file is

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How to fill out progress payment certificate

How to fill out a progress payment certificate:

01

Start by entering the relevant project information, such as the project name, contract number, and date of the certificate.

02

Specify the progress period for which the payment certificate is being issued. This typically includes the start and end dates of the period.

03

Detail the work completed during the progress period. This may involve describing the completed tasks, materials used, and any relevant measurements or quantities.

04

Calculate the total value of the work completed during the progress period. This may involve multiplying the completed quantities by the agreed-upon unit rates or prices.

05

Deduct any retention amounts or any other deductions specified in the contract. This ensures that the final payment reflects any withheld funds or adjustments.

06

Add any previously certified payments that have been made for the project. This helps keep track of the cumulative value of the work completed.

07

Calculate the net amount due by subtracting the deductions and previously certified payments from the total value of the work completed.

08

Sign and date the progress payment certificate, and include the name and title of the certifier. This certifies that the information provided is accurate and complete.

Who needs a progress payment certificate:

01

Contractors: Contractors who are performing work for a project typically require a progress payment certificate to request payment for the work completed during a specific period. This helps ensure that they receive timely and accurate payment for their services.

02

Employers/Clients: Employers or clients who have engaged a contractor for a project may require a progress payment certificate to review the work completed and authorize payment. This helps track and monitor the progress of the project and ensures that payment is made in accordance with the agreed-upon terms and conditions.

03

Project Managers: Project managers overseeing the construction or delivery of a project may need progress payment certificates to evaluate the progress, track payments, and maintain financial records associated with the project. This helps them effectively manage the project's budget and financial obligations.

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