Contract Price and Payment Procedures Sample Clauses

Contract Price and Payment Procedures. The Contractor shall accept as full and complete compensation for the performance and completion of all of the Work specified in the Contract Documents, the sum of Thirty Thousand and 00/100 Dollars ($30,000.00). The amount of the Contract Price is and has heretofore been appropriated by the City of Fruita for the use and benefit of the Work. The Contract Price shall not be modified except by written Change Order or other written directive of the Owner. The Owner shall not issue a Change Order or other written directive which requires additional work to be performed, which work causes the aggregate amount payable under this Contract to exceed this amount, unless and until the Owner provides Contractor written assurance that lawful appropriations to cover the costs of the additional work have been made. Notwithstanding the foregoing, the parties agree that the Owner’s payment of any monies under this Agreement is subject to annual budget appropriations as required by provisions of the Taxpayers’ Bill of Rights (“XXXXX”) contained in Article X, Section 20 of the Colorado Constitution, as amended. The parties further agree that any failure to fund the obligations set forth herein as a result of XXXXX-related monetary constraints shall not give rise to any legal or equitable cause of action whatsoever.
Sample 1
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Contract Price and Payment Procedures. The Contract Price for the properly executed Construction works specified in this Contract shall be in the amount of ______________ EUR (_____________euro and _____________ cents). Works within the meaning of this Contract shall be considered to have been performed properly if the Contracting authority has accepted the works in accordance with the provisions of the Contract. The contract price does not include value added tax (hereinafter - VAT). VAT is calculated and paid in accordance with the Value Added Tax Law. Payment for the performance of the Construction works provided for in the Contract shall be made in the following order: advance in the amount of ____% which is specified in the Clause 7.1. of the Contract about the Contract Price which is _______ EUR (_________ euro and ________ cents) is paid in 15 (fifteen) calendar days after the date of entry into force of the Contract, advance repayment guarantees in the amount of 100% of the advance amount and the date of receipt of the invoice issued by the Contractor. The advance payment shall be taken into account at the monthly payments and shall be withheld in proportion to the amounts of the payment referred to in Clause 7.4.2 and 7.4.3 of the Contract. If, within 20 (twenty) calendar days from the date of entry into force of the Contract, the Contractor does not submit an advance payment guarantee and an invoice for advance, the Contractor shall be deemed to have refused to receive the advance payment; regular payments shall be made each month, in conformity with the amount of work actually performed. Payments shall be made on the basis of a mutually signed Monthly report of the Parties within 30 (thirty) calendar days of receipt of an invoice issued by the Contractor; the final payment for the performance of the Construction works provided for in this Contract shall be made within 30 (thirty) calendar days after both Parties have signed the Final deed of acceptance of the Construction works and the Contractor has submitted the Construction works executive documentation and invoice to the Contracting authority;
Sample 1
Contract Price and Payment Procedures. The Contractor shall accept as full and complete compensation for the performance and completion of all of the work specified in this Contract and the Contract Documents, the sum of EIGHTY SEVEN Thousand FIVE Hundred and 00/100 dollars ($ 87,500.00) (“Contract Price”). The Contract Price has been lawfully appropriated by the City Council of the City of Moab for the use and benefit of the Project. The Contract Price shall not be modified except by written change order, as set forth below.
Sample 1
Contract Price and Payment Procedures. The Contractor shall accept as full and complete compensation for the performance and completion of all the Work specified in the Contract Documents, the not to exceed cost of One Hundred Sixty-Six Thousand and 00/100 Dollars ($166,000.00). The amount of the Contract Price is and has heretofore been appropriated by the Grand Junction City Council for the use and benefit of this Project. The Contract Price shall not be modified except by Change Order or other written directive of the Owner. The Owner shall not issue a Change Order or other written directive which requires additional work to be performed, which work causes the aggregate amount payable under this Contract to exceed the amount appropriated for this Project, unless and until the Owner provides Contractor written assurance that lawful appropriations to cover the costs of the additional work have been made.
Sample 1
Contract Price and Payment Procedures 
Sample 1

Related to Contract Price and Payment Procedures

  • BILLING PROCEDURES AND PAYMENT COMMERCE will pay Contractor upon acceptance of services provided and receipt of properly completed invoices, which shall be submitted to the Representative for COMMERCE [not more often than monthly.] The invoices shall describe and document, to COMMERCE's satisfaction, a description of the work performed, the progress of the project, and fees. The invoice shall include the Contract Number . If expenses are invoiced, provide a detailed breakdown of each type. A receipt must accompany any single expenses in the amount of $50.00 or more in order to receive reimbursement. Payment shall be considered timely if made by COMMERCE within thirty (30) calendar days after receipt of properly completed invoices. Payment shall be sent to the address designated by the Contractor. COMMERCE may, in its sole discretion, terminate the Contract or withhold payments claimed by the Contractor for services rendered if the Contractor fails to satisfactorily comply with any term or condition of this Contract. No payments in advance or in anticipation of services or supplies to be provided under this Agreement shall be made by COMMERCE. Invoices and End of Fiscal Year Invoices are due on the 20th of the month following the provision of services. Final invoices for a state fiscal year may be due sooner than the 20th and Commerce will provide notification of the end of fiscal year due date. The grantee must invoice for all expenses from the beginning of the contract through June 30, regardless of the contract start and end date.

  • Billing and Payment Procedures All invoices must be submitted electronically via email in PDF format to xxxxxxxxxx@xxx.xxx. Each email may only contain one invoice and must include Provider’s name and the CPS Purchase Order number. All invoices must include: ● Provider name and payment address ● Unique invoice number (determined by Provider) ● Valid purchase order number (only one PO number may be referenced on each invoice) ● Invoice date ● Itemized description of the Services rendered and/or goods delivered ● Date the Services were provided and/or goods were delivered to CPS ● Detail pricing information such as quantities, unit prices, discount, and final net amount due Invoices shall be submitted in a timely manner. The final invoice shall be submitted no later than ninety (90) days after the expiration or termination of this Agreement. If Provider has more than one contract with the Board, separate invoices must be submitted for each contract. The Board shall process payments in accordance with the Local Government Prompt Payment Act (50 ILCS 505/1 et seq.). The Board reserves the right to request additional information and supporting documentation necessary for the Board to verify the Services and Products provided under this Agreement.

  • Rates and Payment Process Subject to the SAA, the Project Funding for the provision of the Services shall be as specified in Appendix A to this PFA.

  • Reporting and Payment Procedures Risk Summary Sheets for each risk and a monthly bordereau of all risks ceded shall be submitted to the Reinsurer within (twenty) 20 working days after the last day of each month. Any premium amounts due the Reinsurer shall be paid with the bordereau. Risk Summary Sheets for each insured shall include the following information:

  • Price and Payment Terms 3.1 In consideration of the provision of Services by Provider as may be requested by the Trust pursuant to a SOW, and subject to the terms of this Agreement, the Trust will pay Provider the SOW Agreement Amount or SOW Fees as defined in and set forth in each executed SOW (or SOW Modification Memorandum issued by the Trust) for the Services expressly authorized in each such SOW.

  • PURCHASE PRICE AND PAYMENT The total Purchase Price for the Property is the amount of the successful bid for the Cabin/Home Site at public auction plus the Maximum Value of the Personal Property.

  • Price and Payments (a) For each Order, Customer shall pay the amounts invoiced to Customer. Except as otherwise provided herein, all sales are final and non-refundable. In addition to any other remedies it may have, S&SC shall have the right to suspend Customer’s access to and use of the Cloud Services during such time as any amount owed by Customer is past due.

  • Payment Procedures Upon receipt of a Right Certificate representing exercisable Rights, with the form of election to purchase and certification duly executed, accompanied by payment of the aggregate Purchase Price for the total number of one one-hundredths of a Preferred Share to be purchased and an amount equal to any applicable transfer tax required to be paid by the holder of such Right Certificate in accordance with Section 9, in cash or by certified or cashier's check or money order payable to the order of the Company, the Rights Agent shall thereupon promptly (i)(A) requisition from any transfer agent of the Preferred Shares (or make available, if the Rights Agent is the transfer agent) certificates for the number of Preferred Shares to be purchased and the Company hereby irrevocably authorizes its transfer agent to comply with all such requests, or (B) if the Company shall have elected to deposit the total number of Preferred Shares issuable upon exercise of the Rights hereunder with a depository agent, requisition from the depositary agent depositary receipts representing interests in such number of one one-hundredths of a Preferred Share as are to be purchased (in which case certificates for the Preferred Shares represented by such receipts shall be deposited by the transfer agent with the depositary agent) and the Company hereby directs the depositary agent to comply with all such requests, (ii) when appropriate, requisition from the Company the amount of cash to be paid in lieu of the issuance of fractional shares in accordance with Section 14 or otherwise in accordance with Section 11.1.3, (iii) promptly after receipt of such certificates or depositary receipts, cause the same to be delivered to or upon the order of the registered holder of such Right Certificate, registered in such name or names as may be designated by such holder and (iv) when appropriate, after receipt, promptly deliver such cash to or upon the order of the registered holder of such Right Certificate. In the event that the Company is obligated to issue other securities of the Company, pay cash and/or distribute other property pursuant to Section 11.1.3, the Company will make all arrangements necessary so that such other securities, cash and/or other property are available for distribution by the Rights Agent, if and when appropriate.

  • Billing and Payment Procedures and Final Accounting 6.1.1 The Connecting Transmission Owner shall xxxx the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades contemplated by this Agreement on a monthly basis, or as otherwise agreed by those Parties. The Interconnection Customer shall pay all invoice amounts within 30 calendar days after receipt of the invoice.

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