Correction of Incorrect Assessments
The Project Manager corrects any incorrectly assessed amount due in a later payment certificate. Corrections are applied retrospectively in the subsequent certificate.
If the PM discovers an error in a previous assessment, it is corrected in the next certificate. This applies to both overpayments and underpayments.
Corrections can be made at any time, potentially disrupting cash flow. The Contractor should track cumulative payments and challenge corrections that appear unreasonable or untimely.
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