CONTRACT CHARGES AND PAYMENT. 4.1 The method of payment for the Contract Charges (GPC) or BACS BACS
CONTRACT CHARGES AND PAYMENT. Call Off Contract Charges The charges for the Product shall be calculated in accordance with Framework Schedule 3: Charging Structure. The applicable supplier margins can be found at Call Off Schedule 8. In accordance with Condition 4.2 of Framework Schedule 3, the method of calculation of the Commodity Price shall be Weekly Lagged Pricing. The Customer shall calculate the Commodity Price on the first working day of each week in accordance with Condition 4.2.2. of Framework Schedule 3. A pricing letter advising the Commodity Price(s) will be issued to the Supplier before 1200 hrs on the first working day of each week. In consideration of the Supplier's performance of its obligations under this Call Off Contract, the Customer shall pay the undisputed Call Off Contract Charges in accordance with Clause 24.2 (Payment and VAT). The Customer shall, in addition to the Call Off Contract Charges and following delivery by the Supplier of a Valid Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Goods and/or Services supplied in accordance with this Call Off Contract. If at any time during this Call Off Contract Period the Supplier reduces its Supplier Maximum Margins for any Goods and/or Services which are provided under the Framework Agreement (whether or not such Goods and/or Services are offered in a catalogue (if any) which is provided under the Framework Agreement) in accordance with the terms of the Framework Agreement, the Supplier shall immediately reduce the Call Off Contract Charges for such Goods and/or Services under this Call Off Contract by the same amount.
CONTRACT CHARGES AND PAYMENT. Call Off Contract Charges The charges for the Product shall be calculated in accordance with Framework Schedule 3: Charging Structure. The applicable supplier margins can be found at Call Off Schedule 8. In accordance with Condition 4.2 of Framework Schedule 3, the method of calculation of the Commodity Price shall be Weekly Lagged Pricing. The Customer shall calculate the Commodity Price on the first working day of each week in accordance with Condition 4.2.2. of Framework Schedule 3. A pricing letter advising the Commodity Price(s) will be issued to the Supplier before 1200 hrs on the first working day of each week. In consideration of the Supplier's performance of its obligations under this Call Off Contract, the Customer shall pay the undisputed Call Off Contract Charges in accordance with Clause 24.2 (Payment and VAT). The Customer shall, in addition to the Call Off Contract Charges and following delivery by the Supplier of a Valid Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Goods and/or Services supplied in accordance with this Call Off Contract. If at any time during this Call Off Contract Period the Supplier reduces its Supplier Maximum Margins for any Goods and/or Services which are provided under the Framework Agreement (whether or not such Goods and/or Services are offered in a catalogue (if any) which is provided under the Framework Agreement) in accordance with the terms of the Framework Agreement, the Supplier shall immediately reduce the Call Off Contract Charges for such Goods and/or Services under this Call Off Contract by the same amount. Payment and VAT The Customer shall pay all sums properly due and payable to the Supplier in cleared funds within thirty (30) days of receipt of a Valid Invoice, submitted in accordance with the provisions of this Call Off Contract. The Supplier shall ensure that each invoice (whether submitted electronically or in a paper form, as the Customer may specify) contains the following minimum information: description of the Goods and/or Services supplied. The Goods should be described using the generic descriptions as used by the Platts prices; quantity of Goods and/or Services supplied; commodity price; duty; Supplier Margin; discounts applied applicable Management Charge delivery date; delivery location; Unit Identity Number (UIN) of the delivery location and is accompanied by all other documentation reasonably required by the Customer to substantiate the invoice including...
CONTRACT CHARGES AND PAYMENT. Contract Charges In consideration of the Supplier carrying out its obligations under this Contract, including the provision of the Goods and/or Services, the Customer shall pay the undisputed Contract Charges in accordance with the pricing and payment profile and the invoicing procedure in Contract Schedule 3 (Contract Charges, Payment and Invoicing). Except as otherwise provided, each Party shall bear its own costs and expenses incurred in respect of compliance with its obligations under Clauses 12 (Testing), 21 (Records, Audit Access and Open Book Data), 34.5 (Freedom of Information) and 34.6 (Protection of Personal Data). If the Customer fails to pay any undisputed Contract Charges properly invoiced under this Contract, the Supplier shall have the right to charge interest on the overdue amount at the applicable rate under the Late Payment of Commercial Debts (Interest) Act 1998, accruing on a daily basis from the due date up to the date of actual payment, whether before or after judgment. NOT USED VAT The Contract Charges are stated exclusive of VAT, which shall be added at the prevailing rate as applicable and paid by the Customer following delivery of a Valid Invoice. The Supplier shall indemnify the Customer on a continuing basis against any liability, including any interest, penalties or costs incurred, which is levied, demanded or assessed on the Customer at any time (whether before or after the making of a demand pursuant to the indemnity hereunder) in respect of the Suppliers failure to account for or to pay any VAT relating to payments made to the Supplier under this Contract. Any amounts due under Clause 23.2 (VAT) shall be paid in cleared funds by the Supplier to the Customer not less than five (5) Working Days before the date upon which the tax or other liability is payable by the Customer. Retention and Set Off The Customer may retain or set off any amount owed to it by the Supplier against any amount due to the Supplier under this Contract or under any other agreement between the Supplier and the Customer. If the Customer wishes to exercise its right pursuant to Clause 23.3.1 it shall give notice to the Supplier within thirty (30) days of receipt of the relevant invoice, setting out the Customer’s reasons for retaining or setting off the relevant Contract Charges. The Supplier shall make any payments due to the Customer without any deduction whether by way of set-off, counterclaim, discount, abatement or otherwise unless the Supplier has ob...
CONTRACT CHARGES AND PAYMENT. Contract Charges
CONTRACT CHARGES AND PAYMENT. 7.1 The Contract Charges for the Services shall be on a time and resource basis, and shall be calculated in accordance with the Contractor’s standard daily fee rates, which shall be notified to the Farmer in the Contractor’s quotation and from time to time.
CONTRACT CHARGES AND PAYMENT. Call-Off Contract Charges In consideration of the Supplier carrying out its obligations under this Call-Off Contract, including the provision of the Services, the Customer shall pay the undisputed Call-Off Contract Charges in accordance with the pricing and payment profile and the invoicing procedure in Call-Off Schedule 3 (Call-Off Contract Charges, Payment and Invoicing). Except as otherwise provided, each Party shall each bear its own costs and expenses incurred in respect of compliance with its obligations under Clauses 9 (Testing), 18 (Records, Audit Access and Open Book Data), 31.5 (Freedom of Information), 31.6 (Protection of Personal Data). If the Customer fails to pay any undisputed Call-Off Contract Charges properly invoiced under this Call-Off Contract, the Supplier shall have the right to charge interest on the overdue amount at the applicable rate under the Late Payment of Commercial Debts (Interest) Act 1998, accruing on a daily basis from the due date up to the date of actual payment, whether before or after judgment. If at any time during this Call-Off Contract Period the Supplier reduces its Framework Prices for any Services which are provided under the Framework Agreement (whether or not such Services are offered in a catalogue, if any, which is provided under the Framework Agreement) in accordance with the terms of the Framework Agreement, the Supplier shall immediately reduce the Call-Off Contract Charges for such Services under this Call-Off Contract by the same amount.
CONTRACT CHARGES AND PAYMENT. The method of payment for the Contract Charges (GPC) or BACS Invoice details Invoice Frequency SECTION C
CONTRACT CHARGES AND PAYMENT. 4.1 The method of payment for the Contract Charges (GPC) or BACS) The Supplier will invoice GDS monthly in arrears, based on resources used and authorised by GDS. Invoice to show each role/level and day rate x the duration. GDS shall may every effort to pay the Supplier within 10 working days of receipt of the invoice in-line with current government targets by Bankers Automated Clearing System. In the event of non-payment, the Supplier will alert GDS’s contacts, and a meeting date will be agreed and take place to resolve the invoice problem within five working days at GDS.
CONTRACT CHARGES AND PAYMENT
