Article 12-3-2.1-0-00500-5-4 - PAYMENTS AND FINAL PAYMENTS4.1 PROGRESS PAYMENTS4.1.1 Based upon applications for payment submitted to the Professional by the Contractor and Certificates for Payment issued by the Professional, the Owner will make progress payments on account of the Contract sum to the Contractor as provided in the Contract Documents.4.2 FINAL PAYMENT 4.2.1 Final payment constituting the entire balance of the Contract sum will be paid by the Owner to the Contractor when the work has been completed, the Contract fully performed and a final Certificate for Payment has been issued by the Professional and approved by the Owner. Miss. Code. tit. 12, pt. 3, ch. 2, r. 12-3-2.1, div. 12-3-2.1-0, 12-3-2.1-0-00500, art. 12-3-2.1-0-00500-5-4