Billing Period. The Contractor may submit an invoice for payment upon completion of the described tasks. Subject to Chapter 2251, Texas Government Code (the “Prompt Payment Act”), payment is due within thirty (30) days of the City’s receipt of the Contractor’s invoice. Interest on overdue payments shall be calculated in accordance with the Prompt Payment Act.
Appears in 7 contracts
Samples: City of Schertz Service Agreement, Service Agreement, Service Agreement
Billing Period. The Contractor may submit monthly, or less frequently, an invoice for payment upon based on the estimated completion of the described taskstasks and approved work schedule. Subject to Chapter 2251, Texas Government Code (the “Prompt Payment Act”), payment is due within thirty (30) days of the City’s receipt of the Contractor’s invoice. Interest on overdue payments shall be calculated in accordance with the Prompt Payment Act.
Appears in 4 contracts
Samples: Fair Oaks Ranch Construction Agreement, Fair Oaks Ranch Construction Agreement, Fair Oaks Ranch Construction Agreement
Billing Period. The Contractor may submit an invoice for payment upon completion of the described tasks. Subject to Chapter 2251, Texas Government Code (the “Prompt Payment Act”), payment is due within thirty (30) days of the City’s receipt of the Contractor’s invoice. Interest on overdue payments shall be calculated in accordance with the Prompt Payment Act.
Appears in 2 contracts
Samples: Service Agreement, Service Agreement