payments withheld

payments withheld

A provision in the General Conditions of a contract for construction that permits the owner to withhold payments to a contractor if the work specified in the contract documents falls behind the schedule of construction or if the work deviates from the specifications.
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Westonaria is among the municipalities which had their equitable share payments withheld by the National Treasury due to failure to pay services bills and which Eskom later threatened with electricity interruptions until an agreement to pay outstanding bills was signed.
UEFA also announced that five clubs have had European prize money payments withheld due to cash owing to other clubs and/or employees.
As a result of the OIG's fraud investigations, more than 100 Medicaid providers have had payments withheld.
Payments withheld by governments must be deposited and reported in the same manner as other non-payroll withheld amounts such as withholding on gambling and pensions.
A secondary issue was: Could Trinity deduct in 2002 the payments withheld by the customers as Sec.
3) As a result of the retroactive provisions of this act, personal tax payments withheld for January 1 to May 28, 2003, were overstated, and tax payments on certain capital gains and dividends for May 6 to May 28, 2003, were also overstated.
SALEM - Oregon officials have formally agreed to forfeit the $45 million in health care payments withheld by federal regulators last spring after auditors discovered that the human services agency had potentially overbilled the U.
Convicted terrorist Omar Mohammed Othman, 41, had income support payments withheld after some pounds 180,000 in sterling, US dollars, Spanish pesetas and German marks was found by Metropolitan police anti-terrorist squad officers at his home in Noel Road, Acton, west London, in February this year.
Westmoreland Coal Company (Amex: WLB) reported today that, in an appeal by Virginia Power of an earlier trial court decision in favor of Westmoreland regarding payments withheld by Virginia Power, the Virginia Supreme Court has reversed that ruling insofar as the trial court limited its inquiry to the intent of the parties at the time the original contact was entered into in 1989, and remanded the case to trial court for further proceedings.
It is (are reached 10% of each payment to 5% of the contract sum) in partial amounts of the payments withheld.
Management fully expects to recoup all redesign and retrofit costs, which are expected to be below the amount of guaranteed future payments withheld under the purchase agreement.
The settlement resulted in Mauna Loa's payment of $908,000 for nut payments withheld in 2000 and a reimbursement of $200,000 for the Partnership's legal expenses.