Early Payment. (1) The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 10 contracts
Samples: Agreement for Cyber Security Consulting Services, Agreement for Body Worn, Hipaa Business Associate Agreement
Early Payment. (1) The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount:
Appears in 3 contracts
Samples: Professional Services Agreement, Professional Services Agreement, Agreement for Services
Early Payment. (1) 4.11.1. The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (TxTex. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from form vendor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 3 contracts
Samples: Agreement for Criminal Violence Intervention, Agreement for Credible Messenger, Agreement for Software
Early Payment. (1) 4.10.1. The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor Contractor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 1 contract
Samples: Policy Compliance Agreement
Early Payment. (1) 4.9.1. The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor Contractor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 1 contract
Samples: Policy Compliance Agreement
Early Payment. (1) . The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 1 contract
Samples: Policy Compliance Agreement
Early Payment. (1) The City of Houston’s standard payment term is to pay 30 days after receipt of invoice or receipt of goods or services, whichever is later, according to the requirements of the Texas Prompt Payment Act (Tx. Gov’t Code, Ch. 2251). However, the City will pay in less than 30 days in return for an early payment discount from vendor as follows: • Payment Time - 10 Days: 2% Discount • Payment Time - 20 Days: 1% Discount
Appears in 1 contract
Samples: Sample Agreement
