Default Billing and Payment Process Clause Samples

Default Billing and Payment Process. Subject to the payment provisions in the Module Appendices to this Agreement, the following process shall govern: (a) Contractor shall provide Ministry with a monthly billing statement no later than ten (10) Business Days after the end of each month and that billing statement shall include (i) the reference number assigned to the Contract by Ministry; (ii) item numbers, date, sizes, quantities, unit prices, and with respect to invoices for services, the period of performance covered by the invoice; (iii) a brief description of the Deliverables provided for the relevant month; and (iv) taxes, if payable by Ministry, identified as separate items; (b) if Ministry approves the billing statement, payment shall be made within thirty (30) days of such approval, provided that, if the relevant payment is subject to a withholding provision in this Agreement, payment will be withheld and made in accordance with the withholding provision; (c) except for Launch 1A System, where a relevant payment is subject to a milestone(s) being achieved as set out in this Agreement, then payment will be made in accordance with the provision dealing with such milestone(s). Payment for Milestones shall be made to Contractor for deliverables in accordance with Appendix C and Appendix K; and (d) Ministry may make payments under the Contract by way of Procurement Card and Contractor shall accept and process such payments in accordance with Procurement Card Protocols. Any subsection set out above that is not expressly replaced in Schedule G with an alternative provision shall remain in full force and effect. For avoidance of doubt, charges for the Deliverables shall be as set out in the Financial Response Tables of Contractor’s Proposal, and payment shall be made in accordance with the payment schedule for the Deliverables in Appendix K and the provisions herein.